FL ARCHIVED January 2018 | Page 33

Market Action Report January 2018
Community Information | School District
Market Action Report January 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
$ 278,950
5 %
19 %
Average List Price of all Current Listings
$ 446,817
-1%
14 %
January Median Sales Price
$ 188,813
-2%
2 %
16 %
2 %
$ 188,813
16 %
2 %
January Average Sales Price
$ 263,209
1 %
6 %
15 %
2 %
$ 263,209
15 %
2 %
Total Properties Currently for Sale ( Inventory )
1,348
1 %
-16%
January Number of Properties Sold
387 -25%
-14%
387
-14%
January Average Days on Market ( Solds )
57
2 %
4 %
-7%
10 %
57
-7%
10 %
Asking Price per Square Foot ( based on New Listings )
$ 191
-2%
-2%
8 %
3 %
$ 191
8 %
3 %
January Sold Price per Square Foot
$ 172
-1%
1 %
13 %
1 %
$ 172
13 %
1 %
January Month ' s Supply of Inventory
3.5
35 %
16 %
-3%
27 %
3.5
-3%
27 %
January Sale Price vs List Price Ratio
94.1 %
. 4 %
-. 4 % -1.1% -. 7 %
94.1 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
800
January Property sales were 387 , down 13.8 % from 449 in
January of 2017 and 25.3 % lower than the 518 sales last month .
Property
January 2018 Sales sales were at a mid level compared to January of
800
January
2017 and Property 2016 . sales January were YTD 387 , sales down of 13.8 387 % are from running 449 13.8 %
January of 2017 and 25.3 % lower than the 518 sales last month .
700 behind last year ' s year-to-date sales of 449 .
January 2018 sales were at a mid level compared to January of
600
2017 and 2016 . January YTD sales of 387 are running 13.8 %
700
600
500
400
Number of Properties Sold
3 Mo Avg
behind last year ' s year-to-date sales of 449 .
500
300
400
200
300
100
200
100
0
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 M J
J
A S O N D
J
0
15
16
17
18
Prices
The Median Sales Price in January was $ 188,813 , up 16.2 % from
Prices
$ 162,500 in January of 2017 and down 1.7 % from $ 192,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 188,813 was , up $ 16.2 263,209 % from , up
300
$
14.9 162,500 % from in January $ 229,103 of 2017 in January and down of 2017 1.7 % and from up $ 192,000 1.3 % from last month . The Average Sales Price in January was $ 263,209 , up
280
$ 259,944 last month . January 2018 ASP was at the highest
14.9 % from $ 229,103 in January of 2017 and up 1.3 % from
260 level compared to January of 2017 and 2016 .
$ 259,944 last month . January 2018 ASP was at the highest
240 level compared to January of 2017 and 2016 .
220
200
180
160
F
M A M J
15
300
280
260
240
220
200
180
160
140
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
Median Sales Price and Average Sales Price
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
140
120
120
100
100
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 M J
J
A S O N D
J
485 593 589 560 628
485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 468 664 598 693 653 556 554 409 499 492 518 387
15
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 M J
J
A S O N D
J
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
January Total Inventory was 1,348 of , up Properties 1.0 % from available 1,334 last for sale month as of and down
2,500
January
16.2 % from was 1,348 1,608 , up in 1.0 January % from of 1,334 last year last month . January and 2018 down
2,500
4.5
16.2 % from 1,608 in January of last year . January 2018
2,000
Inventory was at its lowest level compared with January of 2017
4.0
2,000
Inventory was at its lowest level compared with January of 2017
3.5 and 2016 .
1,500 and 2016 .
3.0
1,500
2.5
1,000
2.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A comparatively lower MSI is more beneficial for sellers while a
1.5 higher MSI is better for buyers . The January 2018 MSI of 3.5
500 higher MSI is better for buyers . The January 2018 MSI of 3.5
500
1.0 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017
0.5 and 2016 .
0 and 2016 .
0
0.0
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 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
15
15
16
16
17
17
18
18
1,906 1,836 1,757 1,710 1,642 1,625 1,602 601 537 510 535
1,906 1,836 1,757 1,710 1,642 1,625 1,602 1,590 1,605 403 551 384
16
503 572 652 604 633
1,630 1,587 1,588 1,633 1,588 1,546 1,463 1,520
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
475 505
1,499 1,554 1,526
1,208 1,321
447 436 446 586
1,426 1,499 1,554 1,526 1,608
449
17
468 664 598 693 653 556 554
1,608 1,597 1,530 1,479 1,412 1,424 1,438 1,437 1,428 1,399 1,437 1,334 1,348 409 499
1,597 1,530 1,479 1,412 1,424 1,438 1,437 1,428 1,399 1,437
492 518
1,334 1,348
387
18
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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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