FL ARCHIVED March 2018 | Page 46

Community Information | School District
Market Action Report March 2018

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

Market Time
300 The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
250 trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a
200
Seller ' s market . The DOM for March was 134 , up 21.8 % from 110 days last month and up 83.6 % from 73 days in March of last year . The March 2018 DOM was at a mid level compared with 150 March of 2017 and 2016 . 100
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Belleair

Agent Name
Title Phone Website Other

Community Information | School District

Days On Market for Sold Properties
63
73
3 Mo Avg
134
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 March 2018 Selling Price per Square Foot of $ 205 was down 4.7 % from $ 215 last month and up 11.2 % from 184 in March 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 March 2018 Selling Price vs Original List Price of 91.2 % was up from 89.8 % last month and down from 94.3 % in March of last year .
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
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F M
15
16
17
18
Selling Price per Square Foot
3 Mo Avg
240 220 200 180 160 140 120 100
120 % 100 % 80 % 60 %
157
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
184
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.2 % 94.3 %
3 Mo Avg
205
91.2 %
40 % 20 %
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 March 2018 was 22 , up 29.4 % from 17 last month and down 18.5 % from 27 in March of last year .
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
15
16
17
18
Inventory / New Listings / Sales
120 100 80 60 40
98 98 101 99
90
82 93 89 86
78 86 81
71
75
68 68 73 73 77
70 71 74
67
69 63 62 63 68 64 59 62 64 64 69 67
74
20 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
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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