FL ARCHIVED February 2017 | Page 31

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

City : St Pete Beach

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
$ 515,000
-1%
25 %
Average List Price of all Current Listings
$ 788,031
0 %
33 %
February Median Sales Price
$ 327,450
-13% -6%
-8%
-5%
$ 330,000
-11%
-4%
February Average Sales Price
$ 365,746
-18% -16% -15% -15%
$ 403,680
-7%
-6%
Total Properties Currently for Sale ( Inventory )
161
-2%
-4%
February Number of Properties Sold
24
14 %
-11%
45
-6%
February Average Days on Market ( Solds )
71 -42% -24% 18 %
-14%
95
44 %
14 %
Asking Price per Square Foot ( based on New Listings )
$ 329
-5%
-7%
-3%
-5%
$ 338
-4%
-2%
February Sold Price per Square Foot
$ 299
2 %
0 %
-5%
-1%
$ 295
-4%
-3%
February Month ' s Supply of Inventory
6.7 -15%
5 %
8 %
32 %
7.3
9 %
44 %
February Sale Price vs List Price Ratio
91.5 %
-. 8 % -. 8 % -. 3 % -2.3%
91.8 %
-1%
-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 24 , down 11.1 % from 27 in February of 2016 and 14.3 % higher than the 21 sales last month . Property February 2017 Sales sales were at a mid level compared to February 50 of
February 2016 and Property 2015 . February sales were YTD 24 , down sales 11.1 of 45 % from are running 27 6.3 % 45 February behind last of 2016 year and ' s year-to-date
14.3 % higher sales than of the 48 21 . sales last month . February 2017 sales were at a mid level compared to February of 40 2016 and 2015 . February YTD sales of 45 are running 6.3 % 35 behind last year ' s year-to-date sales of 48 .
30

St . Pete Agent Beach

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
25
15
20
10
15
5
10
0
5
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
0
14
15
16
17
M
A M J
Prices
14
The Median Sales Price in February was $ 327,450 , down 7.8 %
Prices
600 from $ 355,000 in February of 2016 and down 12.7 % from
The
$ 375,000 Median last Sales month Price . in The February Average was Sales $ 327,450 Price , in down February 7.8 % was
550
600 from
$ 365,746 $ 355,000 , down in February 14.8 % from of 2016 $ 429,459 and down in February 12.7 % from of 2016 and
500
$ down 375,000 18.2 last % month from $ . 447,034 The Average last month Sales Price . February in February 2017 was ASP was
550
$ at 365,746 a mid , range down 14.8 compared % from to $ 429,459 February in of February 2016 and of 2016 2015 . and
500
450 down 18.2 % from $ 447,034 last month . February 2017 ASP was at a mid range compared to February of 2016 and 2015 .
450
400
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
400
350
350 300
300 250
250 200 200
50 45 40 35 30 25 20
25 18 35 23 26 29 29 28 29 35 19 23 32 47 36 28 32 25 33 21 23 31 21 27 38 39 40 39 36 37 18 21 22 31 21 24
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 161 , of down Properties 2.4 % from available 165 last for sale month as of and down
February
4.2 % from was 168 161 in , down February 2.4 % from of last 165 year last . February month and 2017 down
200
4.2
Inventory % from 168 was in at February a mid level of last compared year . February with February 2017 of 2016
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
Inventory and 2015 was . at a mid level compared with February of 2016 and 2015 .
150
100
8.0
100
6.0
A comparatively lower MSI is more beneficial for sellers while a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
February for sellers
2017 MSI while of a 6.7 higher MSI is better for buyers . The February 2017 MSI of 6.7
50 months was at its highest level compared with February of 2016 months was at its highest level compared with February of 2016 and 2015 . and 2015 .
0
50
4.0
2.0
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
180 173
25 164
18 146
35
134 23 26 29 29 28 29
135 146
126 134
128 135
131 126 138
128 150 131
35
149
148 19 23
Number of Properties Sold
32 47 36 28 32 25 33 21 23 31 21
150 145
149 140
148 135
145
134 127
140
135 135
128 134
131 127
134 135
128 150
131 168
134 167
151 150 155
27 148
38
120 113
39
131 40 39
135 120
150 36 37
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
180 173 164
138
168
167 151 155 148
113
18
144 131
165 135 161 150
21 144
22 165
3 Mo Avg
31
161 21 24
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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