FL ARCHIVED February 2018 | Page 50

Community Information | School District
Market Action Report February 2018

City : Clearwater Price Range : All | Properties : SFH - Con

Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 53 , down 1.9 % from 54 days last month and down 3.6 % from 55 days in February of last year . The February 2018 DOM was at its lowest level compared with February of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The February 2018 Selling Price per Square Foot of $ 131 was up 3.0 % from $ 127 last month and up 6.9 % from 122 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2018 Selling Price vs Original List Price of 95.3 % was up from 94.0 % last month and up from 94.0 % in February of last year .

Clearwater

Agent Name
Title Phone Website Other

Community Information | School District

80 70 60 50 40 30 20 10
Days On Market for Sold Properties
64
0
M
A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
150 140 130 120 110 100 90 80 70 60 50
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
600 400 200
106
M
A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
F
15
16
17
18
961 901 890 890
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
89 %
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
1,200
shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings
1,000
in February 2018 was 347 , down 6.7 % from 372 last month and up 5.5 % from 329 in February of last year .
800
93.7 %
828 793 749 767 773 758 769 771 759 760 759 703 674 695 693 708 721 659 651 640 669 655 639 639 661 673 656 644 674 639 652 633
55
122
94.0 %
3 Mo Avg
3 Mo Avg
53
131
95.3 %
0
M
A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Association of REALTORS does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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