Community Information | School District
Market Action Report February 2018
City : St Petersburg 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 54 , down 5.3 % from 57 days last month and down 1.8 % 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 $ 182 was up 5.9 % from $ 172 last month and up 2.1 % from 179 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 94.4 % was up from 94.1 % last month and down from 94.5 % in February of last year .
St . Petersburg
Agent Name
Title Phone Website Other
Community Information | School District
80 70 60 50 40 30 20 10
Days On Market for Sold Properties
70
Selling Price versus Listing Price Ratio
55 54
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 %
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Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.8 %
179
3 Mo Avg
3 Mo Avg
182
94.5 % 94.4 %
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 shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2018 was 706 , down 4.2 % from 737 last month and down 1.7 % from 718 in February of last year .
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Inventory / New Listings / Sales |
2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200
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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 1,530 1,480 1,413 1,424 1,438 1,438 1,429 1,400 1,442 1,344 1,386 1,352
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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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