Pinellas County Community Information | School District
Pinellas County Community Information | School District
Market Time 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 February was 67 , equal to 67 days last month and down 1.5 % from 68 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 .
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 February 2017 Selling Price per Square Foot of $ 166 was up 3.6 % from $ 160 last month and up 17.1 % from 142 in February 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 February 2017 Selling Price vs Original List Price of 94.2 % was down from 94.3 % last month and up from 93.4 % in February of last year .
Days On Market for Sold Properties
90 |
80 |
75 |
70 |
68 |
67 |
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
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 |
|
Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
96 % 95 % 94 % 93 % 92 % 91 % 90 %
125
|
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 |
|
142
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.9 %
93.4 %
3 Mo Avg
3 Mo Avg
166
94.2 %
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 February 2017 was 2,322 , down 2.2 % from 2,374 last month and down 8.1 % from 2,527 in February of last year .
89 % |
|
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 / New Listings / Sales |
8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0
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 5,835 5,671
|
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 |
|
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
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