FL ARCHIVED March 2018 | Page 64

Market Action Report March 2018
Community Information | School District
Market Action Report March 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
$ 275,000
6 %
12 %
Average List Price of all Current Listings
$ 451,868
6 %
8 %
March Median Sales Price
$ 215,000
10 %
8 %
13 %
16 %
$ 200,000
11 %
8 %
March Average Sales Price
$ 280,662
1 %
4 %
8 %
9 %
$ 274,957
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,369
-2%
-11%
March Number of Properties Sold
613
30 %
-8%
1,473
-7%
March Average Days on Market ( Solds )
52
-4%
-5%
2 %
0 %
54
-2%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 202
2 %
3 %
11 %
9 %
$ 196
8 %
6 %
March Sold Price per Square Foot
$ 181
-0%
2 %
8 %
7 %
$ 179
7 %
5 %
March Month ' s Supply of Inventory
2.2 -25% -24% -3%
-19%
2.9
-5%
7 %
March Sale Price vs List Price Ratio
93.9 %
-. 5 % -. 1 % -. 1 %
-. 9 %
94.1 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
800
March Property sales were 613 , down 7.7 % from 664 in March of
2017 and 29.6 % higher than the 473 sales last month . March
Property
2018 sales Sales were at a mid level compared to March of 2017 and
800
March
2016 . Property March YTD sales sales were of 613 1,473 , down are 7.7 running % from 6.8 664 % in behind March last of
2017 and 29.6 % higher than the 473 sales last month . March
700 year ' s year-to-date sales of 1,580 .
2018 sales were at a mid level compared to March of 2017 and
600
2016 . March YTD sales of 1,473 are running 6.8 % behind last
700
600
500
400
Number of Properties Sold
3 Mo Avg
year ' s year-to-date sales of 1,580 .
500
300
400
200
300
100
200
100
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 215,000 , up 13.2 % from
Prices
$ 190,000 in March of 2017 and up 10.3 % from $ 195,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 215,000 was , up $ 13.2 280,662 % from , up
300
$
7.8 190,000 % from in $ March 260,443 of 2017 in March and up of 10.3 2017 % and from up $ 195,000 1.3 % from last month . The Average Sales Price in March $ 280,662 , up
280
$ 277,176 last month . March 2018 ASP was at the highest level
7.8 % from $ 260,443 in March of 2017 and up 1.3 % from
260 compared to March of 2017 and 2016 .
$ 277,176 last month . March 2018 ASP was at the highest level
240 compared to March of 2017 and 2016 .
220
200
180
160
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
F M
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
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
15
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 1,369 Inventory , down 2.4 of % Properties from 1,403 available last month for sale and as down of March 10.5 % 2,000 was from 1,369 1,530 , down in March 2.4 % from of last 1,403 year last . March month 2018 and down Inventory 10.5 % was at
2,000
from its lowest 1,530 in level March compared of last year with . March 2018 of 2017 Inventory and 2016 was . at 1,500 its lowest level compared with March of 2017 and 2016 . 1,500

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

589 560 628 601
589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 475 505 447 436 446 586 449 467 664 598 693 653 556 554 409 499 493 517 387 473 613
M15J
J
A S O N D
J
16
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.5 4.0
4.0 3.5
3.5 3.0
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 March 2018 MSI of 2.2 500 higher MSI is better for buyers . The March 2018 MSI of 2.2 500
1.0 1.0 months was at its lowest level compared with March of 2017 and 0.5 months was at its lowest level compared with March of 2017 and
0.5 , Flagler County Association 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
2016 . 0
0.0 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
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
15 16
16 17
17 18
18
537 510 535 403 551
1,757 1,710 1,642 1,625 1,602 1,590 1,604 1,629 1,587 384 503 572
1,757 1,710 1,642 1,625 1,602 1,590 1,604 1,629 1,587 1,588 1,633 1,588 1,546 1,463 1,520 652 604 633
1,588 1,633 1,588 1,546 1,463 1,520
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
1,208
1,321 1,426 1,499
449 467
1,554 1,526 1,608 1,597 1,530 664 598 693 653 556 554 409 499
1,414 1,425 1,439 1,440 1,431 1,404 1,449 1,352 1,402 1,403 1,369
493
F M
517
1,480 1,414 1,425 1,439 1,440 1,431 1,404 1,449 1,352 1,402
387
18
473
1,403 1,369
613
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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