FL ARCHIVED February 2017 | Page 23

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

City : Belleair

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
$ 787,000
16 %
50 %
Average List Price of all Current Listings
$ 1,555,377
15 %
72 %
February Median Sales Price
$ 360,000
33 %
24 %
11 %
31 %
$ 285,250
-12%
4 %
February Average Sales Price
$ 466,722
79 %
27 % -19%
10 %
$ 338,125
-48%
-21%
Total Properties Currently for Sale ( Inventory )
62 -14%
-28%
February Number of Properties Sold
9 -40%
-10%
24
33 %
February Average Days on Market ( Solds )
72
-4% -10% -30% -11%
74
-18%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 258
47 %
23 %
64 %
23 %
$ 218
29 %
4 %
February Sold Price per Square Foot
$ 190
19 %
6 %
-5%
6 %
$ 170
-22%
-5%
February Month ' s Supply of Inventory
6.9
44 %
22 % -20%
14 %
5.8
-36%
-3%
February Sale Price vs List Price Ratio
93.8 %
-. 8 % 1.4 % 5.3 % 1.5 %
94.3 %
2 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales February Property sales were 9 , down 10.0 % from 10 in February of 2016 and 40.0 % lower than the 15 sales last month . Property February 2017
Sales sales were at their lowest level compared to 30 February Property sales were 9 , down 10.0 % from 10 in February of 2016 and 2015 . February YTD sales of 24 are February of 2016 and 40.0 % lower than the 15 sales last month . running 33.3 % ahead of last year ' s year-to-date sales of 18 . 25 February 2017 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 24 are
20 running 33.3 % ahead of last year ' s year-to-date sales of 18 .
15

Belleair

Agent Name
Title Phone Website Other

Community Information | School District

30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in February was $ 360,000 , up 11.2 %
Prices from $ 323,750 in February of 2016 and up 32.6 % from The $ 271,500 Median last Sales month Price . in The February Average was Sales $ 360,000 Price in , up February 11.2 % was 800 from $ 466,722 $ 323,750 , down in February 19.5 % from of 2016 $ 579,515 and up in 32.6 February % from of 2016 and $ 271,500 last month . The Average Sales Price in February was 700 up 78.8 % from $ 260,967 last month . February 2017 ASP was at $ 466,722 , down 19.5 % from $ 579,515 in February of 2016 and a mid range compared to February of 2016 and 2015 . 600 up 78.8 % from $ 260,967 last month . February 2017 ASP was at a mid range compared to February of 2016 and 2015 .
500 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of
The February Total Inventory was 62 , down of Properties 13.9 % from available 72 last for month sale as of and down February was 62 , down 13.9 % from 72 last month and down 120
27.9 % from 86 in February of last year . February 2017 27.9 Inventory % from 86 was in at February its lowest of level last year compared . February with 2017 February of 100
Inventory 2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 . 80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The February 2017 MSI of 6.9 higher MSI is better for buyers . The February 2017 MSI of 6.9 months was at its lowest level compared with February of 2016 20 months was at its lowest level compared with February of 2016 and
and 2015
2015 .
. 0
10
5
0
300 200 100
0
5
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
M
A M J
14
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
15 Sales Price and Average
16 Sales Price
17
3 Mo Avg
800
Median Sales Price and Average Sales Price
3 Mo Avg
700
600
500
400
300
200
100
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
14 M J
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
120
18.0
100
16.0
80
14.0
12.0
102
60 40 20
100 11
102 102
15 100 96
13 102 94
11 96 98
14 94 92
11 15 13 11 14 10 9
10 98 87
9 92 97
12 87 92
10 97
88 92
10
12 10 10 9 9
9 9 14
104
92 104 88 98 92 98 101 99
90
14 11 13 14 6
82 93 89
86 82 78
86
14 20 24 9 9 8
81
71
75 68 68
71 73
73 68 76 68
0 M A M
AJ
MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ A M J
14 14
15 15
16 16
11
98 98
13 101
14 99
6
90 14 20 93
24 89
9 86
9 78
8 86
10
81 18 19 75
13
10 18 19 13 22 12 9
22 12 9
10.0 8.0 6.0 4.0 2.0 0.0
J A S O N D J
73 73
69 69 72
76
J A S O N D J 17
15 62
F
69 11
69 11
15 11 11 13 15 9
72 13 62
F
17
15 9
18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 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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