FL ARCHIVED February 2018 | Page 64

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

City : St Petersburg Price Range : All | Properties : SFH - Con

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 269,000
-2%
14 %
Average List Price of all Current Listings
$ 437,171
-1%
8 %
February Median Sales Price
$ 195,500
4 %
3 %
3 %
5 %
$ 192,000
9 %
3 %
February Average Sales Price
$ 277,691
6 %
8 %
-2%
7 %
$ 271,166
6 %
5 %
Total Properties Currently for Sale ( Inventory )
1,352
-2%
-15%
February Number of Properties Sold
472
22 %
1 %
859
-6%
February Average Days on Market ( Solds )
54
-5%
-4%
-2%
4 %
55
-5%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 199
5 %
3 %
6 %
8 %
$ 194
7 %
5 %
February Sold Price per Square Foot
$ 182
6 %
5 %
2 %
7 %
$ 178
7 %
5 %
February Month ' s Supply of Inventory
2.9 -20% -5% -16%
4 %
3.2
-8%
17 %
February Sale Price vs List Price Ratio
94.4 %
. 3 %
. 1 %
-. 1 %
-. 4 %
94.3 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
800
February Property sales were 472 , up 1.1 % from 467 in February
of 2017 and 22.0 % higher than the 387 sales last month .
700
Property
February 2018 Sales sales were at a mid level compared to February
800
February of 2017 and Property 2016 sales . February were 472 YTD , up sales 1.1 % of from 859467 are in running February 6.2 % of 2017 and 22.0 % higher than the 387 sales last month .
700 behind last year ' s year-to-date sales of 916 .
February 2018 sales were at a mid level compared to February
600 of 2017 and 2016 . February YTD sales of 859 are running 6.2 %
600
500
400
behind last year ' s year-to-date sales of 916 .
500
300
400
200
300
100
200
100
0
Prices The Median Sales Price in February was $ 195,500 , up 3.5 %
Prices from $ 188,900 in February of 2017 and up 3.5 % from $ 188,813
The last Median month Sales . The Price Average in February Sales Price was in $ 195,500 February , up was 3.5 % $ 277,691 300
, from down $ 188,900 1.9 % from in February $ 283,007 of in 2017 February and up of 3.5 2017 % from and $ up 188,813 5.5 % last month . The Average Sales Price in February was $ 277,691 ,
280 from $ 263,209 last month . February 2018 ASP was at a mid down 1.9 % from $ 283,007 in February of 2017 and up 5.5 % 260 range compared to February of 2017 and 2016 . from $ 263,209 last month . February 2018 ASP was at a mid 240 range compared to February of 2017 and 2016 .
220 200 180 160 140 120 100

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

0
Number of Properties Sold
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
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Median Sales Price and Average Sales Price
593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 467 664 598 693 653 556 554 409 499 493 517 387 472
M 15 300 280 260 240 220 200 180 160 140 120 100
593 589 560 628
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 & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
February Total Inventory was 1,352 of , down Properties 2.5 % available from 1,386 for sale last as month of and
2,000
4.5
February down 15.3 was % 1,352 from , 1,597 down in 2.5 February % from 1,386 of last last year month . February and 2018
2,000
4.5
4.0 down
Inventory 15.3 % was from at 1,597 its lowest in February level compared of last year with . February 2018 of
4.0
1,500
3.5
Inventory was at its lowest level compared with February of
1,500
3.5
2017 and 2016 .
3.0
2017 and 2016 .
3.0
2.5
1,000
2.5
1,000
2.0
2.0
A comparatively lower MSI is more beneficial for sellers while a
1.5
A comparatively lower MSI is more beneficial for sellers while a
1.5 higher MSI is better for buyers . The February 2018 MSI of 2.9
500 higher MSI is better for buyers . The February 2018 MSI of 2.9
500
1.0
1.0 months was at its lowest level compared with February of 2017
0.5 months was at its lowest level compared with February of 2017
0.5
, Flagler County Association and 2016 of REALTORS . , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association
0 , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate activity
0.0 . C and 2016 .
0
0.0
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
M
A 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
15
16
16
17
17
18
18
601
1,836 1,757 1,710 1,642 1,625 1,602 1,590 537 510 535 403 551 384
1,605 1,630 1,587 1,588 1,633 1,588 1,546 1,463 1,520
Number of Properties Sold
503 572 652 604 633
1,208 1,321
1,426 475 505 447 436 446 586
1,499 1,554 1,526 1,608 1,597 1,530 1,480 449 467 664 598 693 653 556 554
3 Mo Avg
409
3 Mo Avg
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
1,836 1,757 1,710 1,642 1,625 1,602 1,590 1,605 1,630 1,587 1,588 1,633 1,588 1,546 1,463 1,520
1,208
1,321 1,426 1,499 1,554 1,526 1,608 1,597
1,413 1,424 1,438 1,438 1,429 1,400 1,442 1,344 1,386 1,352 499 493
1,530 1,480 1,413 1,424 1,438 1,438 1,429 1,400 1,442 1,344
3 Mo Avg
517 387
1,386 1,352
472
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 Asso 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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