FL ARCHIVED March 2018 | Page 30

Price Range: All | Properties: SFH - Con
Asking Price per Square Foot (based on New Listings)
March Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
March Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
96%
95.0%
95%
94.9%
94.4%
92%
91%
650
3 Mo Avg
600
550
500
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
18
16 A M J J A S O N D J F M 17
A M 15 J J A S O N D J F M
A M J J A S O N D J F M
15
16
17
18
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
3 Mo Avg
500 450
250
18
Median Sales Price and Average Sales Price
300 250
16
700
350 300
600
Median Sales Price and 17 Average Sales Price
15
400 350
Inventory / New Listings / Sales
Inventory / New Listings / Sales
550
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
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 M
450 400
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
15
16
17
18
300
0
Prices
$617,195 last month. March 2018 ASP was at the highest level
compared to March of 2017 and 2016.
90%
400
10
The Median Sales Price in March was $347,000, up 5.2% from
Prices
$330,000 in March of 2017 and down 23.7% from $455,000
The
in March
$347,000,
5.2%
from
last Median
month. Sales
The Price
Average
Sales was
Price
in March up
was
$522,389,
up
700
$330,000
in March
of 2017
and down
23.7%
$455,000
21.7% from
$429,198
in March
of 2017
and from
down
15.4% from
650
last
month. last
The month.
Average March
Sales Price
March
$522,389,
$617,195
2018 in ASP
was was
at the
highest up
level
600
21.7%
from $429,198
of 2017
and down 15.4% from
compared
to March in
of March
2017 and
2016.
94%
500
10
0
93%
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 March 2018 was 222, up 21.3% from 183 last month and down
8.6% from 243 in March of last year.
20
Avg Selling Price divided by Avg Listing Price for sold properties during the month
97%
20
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 March 2018 Selling Price vs Original
List Price of 94.9% was up from 94.6% last month and up from
94.4% in March of last year.
3 Mo Avg
30
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
30
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
15
16
17
18
40
3 Mo Avg
40
sales were at their lowest level compared to March of 2017 and
2016. March YTD sales of 98 are running 15.3% ahead of last
year's year-to-date sales of 85.
Number of Properties Sold
50
138
126
3 Mo Avg
60
151
March Property sales were 37, down 7.5% from 40 in March of
2017 and 5.1% lower than the 39 sales last month. March 2018
Property
sales were Sales
at their lowest level compared to March of 2017 and 60
March
sales sales
were of
37, 98
down
7.5% from
40 in ahead
March of of last
2016. Property
March YTD
are running
15.3%
2017
and
5.1% lower than
39 sales last month. March 2018
50
year's
year-to-date
sales the
of 85.
14%
1%
7%
-4%
-0%
3.7 1% -19% -13% -23%
4.6 -28%
-4%
of 93.1%
Properties
93.2% -.3% .1% -.6% Number
-.1%
0% Sold -0%
March Month's Supply of Inventory
200
190
180
170
160
150
140
130
120
110
100
March Sold
Sale Price
Price per
vs Square
List Price
March
Foot Ratio
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 March 2018 Selling Price per Square Foot of $151 was down
0.7% fr om $152 last month and up 9.5% from 138 in March of
last year.
3 Mo Avg
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
March Average Days on Market (Solds)
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
15
16
17
18
21%
15%
19%
11%
11%
18%
14%
-28% 1%
0% 7%
8%
83
-5%
$380
98
15%
-2%
$367
83
11%
-23% $380
4.6
11%
-.1% $367 93.1%
18%
0
30%
98
32%
March Number of Properties Sold
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
10
$427,500
$548,742
20
March Number of Properties Sold
March Average Sales Price
30
Total Properties Currently for Sale (Inventory)
March Median Sales Price
Average List Price of all Current Listings
40
Trending versus*:
Prior YTD 30%
Prior Year 21%
-2% YTD
$427,500
13%
$548,742
32%
19%
52
50
60
Market
Profile Sales
& Trends
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Trending versus*:
Prior YTD Prior Year
YTD
67
70
Trending versus*:
L3M PYM
LY
15%
4%
$754,082 Trending
6% versus*: 1%
Month
LM -24%
L3M -18%
PYM 5%
LY
$347,000
$491,250
15% -15% -5%
4% 22%
$522,389
$754,082 138
6% -4%
1% -20%
$347,000 -24% -18% 5% -2%
37 -5%
-8%
$522,389 -15% -5% 22% 13%
79 -6% 3% 52%
138 -4%
-20%
$355 -15% -7% -2%
37 -5%
-8%
$339 -14% -9% 4%
79 -6% 3% 52% 8%
3.7 1%
$355 -15%
-7% -19%
-2% -13%
-5%
93.2%
-.3%
.1%
$339 -14% -9% 4% -.6%
-2%
Average List Price of all Current Listings
80
LM
81
90
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 March was 52, up 10.6% from 47
days last month and down 35.8% from 81 days in March of last
year. The March 2018 DOM was at its lowest level compared
with March of 2017 and 2016.
Phone
Month
Website
$491,250
Other
Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: All List
| Properties:
SFH of
- Con
100
Market Time
3 Mo Avg
Days On Market for Sold Properties
March 2018
Community Information | School District
City: St Pete Beach
Title
Phone
Agent
Name
Website
Title Other
Price Range: All | Properties: SFH - Con
Agent Name
Community Information | School District
St. Pete Beach
Market Action Report
Title
Phone
Website
Other
March 2018
City: St Pete Beach
Agent Name
Palm Harbor
Market Action Report
City: Palm Harbor
March 2018
Market Action Report
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of March
200
The
of Properties
available
sale
as of 19.8%
March from
was Total
138, Inventory
down 4.2%
from 144 last
month for
and
down
200
was
down 4.2%
from
144 March
last month
down 19.8%
from
172 138,
in March
of last
year.
2018 and
Inventory
was at
its
172
in March
last year. with
March
2018 of Inventory
at its
lowest
level of
compared
March
2017 and was
2016.
150
9.0
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
c o l dw el l b a n k er h o m es . c o m
| 31
30 | c o l d w e l l b a n k e r h o m e s . c o m
9.0
8.0
8.0
7.0
7.0
6.0
lowest level compared with March of 2017 and 2016.
150
100
6.0
5.0
100
5.0
0
4.0
100
4.0
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
3.0
A comparatively lower MSI is more beneficial for sellers while a
3.0
A higher
comparatively
lower MSI
is more The
beneficial
sellers
while
a
50
15
16
17
18
2.0
MSI is better
for buyers.
March for
2018
MSI
of 3.7
50
2.0
higher MSI is better for buyers. The March 2018 MSI of 3.7
1.0
months was at its lowest level compared with March of 2017 and
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
1.0
months was at its lowest level compared with March of 2017 and
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
2016. of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association,
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, Flagler County Association
0
0.0
2016.
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
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.
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
16
17
18
15 15
16
17
18
200
C
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.