FL ARCHIVED February 2017 | Page 33

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

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
$ 249,000
4 %
31 %
Average List Price of all Current Listings
$ 439,635
7 %
32 %
February Median Sales Price
$ 188,900
16 %
8 %
30 %
15 %
$ 176,000
19 %
7 %
February Average Sales Price
$ 282,876
23 %
15 %
37 %
24 %
$ 256,653
21 %
12 %
Total Properties Currently for Sale ( Inventory )
1,433
-6%
-12%
February Number of Properties Sold
467
4 %
-7%
915
3 %
February Average Days on Market ( Solds )
55 -10%
0 %
-21%
-2%
58
-11%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 191
6 %
7 %
19 %
14 %
$ 185
16 %
11 %
February Sold Price per Square Foot
$ 178
17 %
11 %
33 %
20 %
$ 166
22 %
11 %
February Month ' s Supply of Inventory
3.1 -10%
2 %
-5%
6 %
3.2
-12%
12 %
February Sale Price vs List Price Ratio
94.4 %
-. 8 % -. 2 % 1.7 %
. 0 %
94.8 %
2 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

St . Petersburg

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
February Property sales were 467 , down 7.2 % from 503 in
February of 2016 and 4.2 % higher than the 448 sales last
Property month . February Sales 2017 sales were at their lowest level compared
700
600
Number of Properties Sold
3 Mo Avg
February to February Property of 2016 sales and were 2015 467 . , February down 7.2 % YTD from sales 503 of in 915 are
February running of
3.2 2016 % ahead and 4.2 of % last higher year ' than s year-to-date the 448 sales sales last of 887 .
600 month . February 2017 sales were at their lowest level compared
500
400
to February of 2016 and 2015 . February YTD sales of 915 are
500
running 3.2 % ahead of last year ' s year-to-date sales of 887 .
400
300
300
200
200
100
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 188,900 , up 30.3 %
Prices from $ 145,000 in February of 2016 and up 16.1 % from
The
$ 162,750 Median last Sales month Price . in The February Average was Sales $ 188,900 Price , in up February 30.3 % was
300 from
$ 282,876 $ 145,000 , up in 36.7 February % from of $ 206,882 2016 and in up February 16.1 % from of 2016 and up $ 162,750 last month . The Average Sales Price in February
280
23.4 % from $ 229,319 last month . February 2017 ASP was at the
$ 282,876 , up 36.7 % from $ 206,882 in February of 2016 and up
260 highest level compared to February of 2016 and 2015 .
23.4 % from $ 229,319 last month . February 2017 ASP was at the
240 highest level compared to February of 2016 and 2015 .
220
200
180
160
M
A M J
14
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
Median Sales Price and Average Sales Price
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
140
120
120
100
100
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
472 503 562 506 483
472 503 562 506 483 506 495 533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 474 505 447 436 446 586 448 467
14
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 1,433 of , Properties down 6.3 % available from 1,529 for sale last as month of and down
2,500
February
11.9 % from was 1,627 1,433 , in down February 6.3 % from of last 1,529 year last . February month and 2017 down
2,500
11.9 % from 1,627 in February of last year . February 2017
2,000
Inventory was at its lowest level compared with February of
2,000
Inventory
2016 and was 2015 at . its lowest level compared with February of
1,500
2016 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
4.0
1,000
3.0
A comparatively lower MSI is more beneficial for sellers while
1,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
February for sellers
2017 MSI while of a 3.1 higher MSI is better for buyers . The February 2017 MSI of 3.1 months was at its lowest level compared with February of 2016
500 months was at its lowest level compared with February of 2016 and 2015 . and 2015 .
0
2.0
500
1.0
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
2,220 2,176 2,075 1,997 1,963 1,945 1,914 506 495 533 406
2,220 2,176 2,075 1,997 1,963 1,945 1,914 1,979 1,972 555 374
15
485 593 589
1,979 1,972 1,965 1,925 1,904 1,834 1,755 1,708 1,640 1,622 560 628 601 537 510 535 403 551 384
16
1,965 1,925 1,904 1,834 1,755 1,708 1,640 1,622 1,599 1,587 1,601 1,626 1,583 1,583 1,627 503 572 652 604
1,582 1,539 1,452 1,506
1,599 1,587 1,601 1,626 1,583 1,583 1,627 1,582 1,539 1,452 1,506 1,188 1,300 1,398 1,469 633 474 505 447
1,514 1,479 1,529 1,433
1,188 1,300
436 446
1,398 1,469 1,514 1,479
586 448
1,529 1,433
17
467
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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