FL ARCHIVED February 2017 | Page 21

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

County : Pinellas

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
$ 294,900
7 %
23 %
Average List Price of all Current Listings
$ 499,664
6 %
23 %
February Median Sales Price
$ 200,000
11 %
5 %
22 %
9 %
$ 190,000
14 %
4 %
February Average Sales Price
$ 267,969
7 %
5 %
16 %
8 %
$ 259,812
12 %
5 %
Total Properties Currently for Sale ( Inventory )
5,150
-6%
-15%
February Number of Properties Sold
1,486
2 %
-4%
2,936
5 %
February Average Days on Market ( Solds )
67
0 %
6 %
-1%
12 %
67
0 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 190
3 %
3 %
12 %
10 %
$ 187
11 %
8 %
February Sold Price per Square Foot
$ 166
4 %
4 %
17 %
9 %
$ 163
15 %
7 %
February Month ' s Supply of Inventory
3.5
-8%
0 %
-12%
5 %
3.6
-17%
10 %
February Sale Price vs List Price Ratio
94.2 %
-. 1 % -. 1 %
. 9 %
-. 3 %
94.3 %
1 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 February Property sales were 1,486 , down 3.9 % from 1,546 in February of 2016 and 2.5 % higher than the 1,450 sales last Property month . February Sales 2017 sales were at their lowest level compared 2,5002,000
February to February Property of 2016 sales and were 2015 1,486 . February , down 3.9 YTD % from sales 1,546 of 2,936 in are February running of 5.2 2016 % ahead and 2.5 of % last higher year ' than s year-to-date the 1,450 sales sales last of 2,792 . month . February 2017 sales were at their lowest level compared 2,0001,500 to February of 2016 and 2015 . February YTD sales of 2,936 are running 5.2 % ahead of last year ' s year-to-date sales of 2,792 .
1,5001,000

Pinellas Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
Prices The Median Sales Price in February was $ 200,000 , up 22.1 %
Prices from $ 163,750 in February of 2016 and up 11.3 % from $ 179,650
The last Median month Sales . The Price Average in February Sales Price was in $ 200,000 February , up was 22.1 $ 267,969 % 300
, from up 15.9 $ 163,750 % from in $ February 231,187 in of February 2016 and of up 2016 11.3 % and from up $ 6.6 179,650 % from last month . The Average Sales Price in February was $ 267,969 ,
280
$ 251,453 last month . February 2017 ASP was at the highest up 15.9 % from $ 231,187 in February of 2016 and up 6.6 % from 260 level compared to February of 2016 and 2015 . $ 251,453 last month . February 2017 ASP was at the highest 240 level compared to February of 2016 and 2015 .
220 200 180 160 140 120 100
500
0
500
0
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
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
1,532 1,659 1,741 1,679 1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923 1,991 1,916 2,095 2,010 1,782 1,765 1,739 1,376 1,834 1,246 1,546 1,939 2,044 1,967 2,075 1,776 1,903 1,765 1,602 1,640 1,749 1,450 1,486
M
14 300 280 260 240 220 200 180 160 140 120 100
1,532 1,659 1,741 1,679
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
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 5,150 of , Properties down 5.8 % available from 5,465 for sale last as month of and
8,000
February down 15.3 was % 5,150 from , 6,079 down 5.8 in February % from 5,465 of last year month . February and 2017
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
down
Inventory 15.3 % was from at 6,079 its lowest in February level compared of last year with . February 2017 of
7,0006,000
6.0
Inventory
2016 and was 2015 at . its lowest level compared with February of
6,000
5,000
5.0
2016 and 2015 .
5,000
4,000
4.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3.0
3,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
February for sellers
2017 MSI while of a 3.5
2,000
2.0 higher MSI is better for buyers . The February 2017 MSI of 3.5
2,000 months was at its lowest level compared with February of 2016
1,000 months was at its lowest level compared with February of 2016
1,000
1.0 and 2015 .
0 and 2015 .
0
0.0
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
F
14
14
15
15
16
16
17
17
1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923
7,473 7,411 7,244 7,057 6,972 6,951 6,914 7,064 7,057 6,914 6,998 6,902 6,779 6,541 6,431 6,219
1,991 1,916 2,095 2,010 1,782 1,765 1,739 1,376 1,834
3 Mo Avg
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
14
15
16
17
7,473 7,411 7,244 7,057 6,972 6,951 6,914 7,064 7,057 6,914 6,998 6,902 6,779 6,541 6,431 6,219 6,034
6,034 5,835 5,671 5,858 5,876 5,703 5,952 6,079 6,000 5,858 5,765 5,644 5,551 5,527 5,562 5,610 5,705 5,455 5,465 5,150
1,246
5,835 5,671 5,858 5,876 5,703 5,952 6,079 1,546 1,939 2,044 1,967 2,075 1,776 1,903 1,765 1,602 1,640
6,000 5,858 5,765 5,644 5,551 5,527 5,562 5,610 5,705 5,455
1,749 1,450
5,465 5,150
1,486
7.0 6.0 5.0
4.0 3.0 2.0 1.0 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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