FL ARCHIVED January 2017 | Page 21

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 284,900
4 %
24 %
Average List Price of all Current Listings
$ 485,738
5 %
22 %
January Median Sales Price
$ 179,900
-9%
-4%
6 %
-2%
$ 179,900
6 %
-2%
January Average Sales Price
$ 250,189
-2%
0 %
7 %
1 %
$ 250,189
7 %
1 %
Total Properties Currently for Sale ( Inventory )
5,202
-3%
-13%
January Number of Properties Sold
1,447 -17%
16 %
1,447
16 %
January Average Days on Market ( Solds )
67
14 %
12 %
0 %
12 %
67
0 %
12 %
Asking Price per Square Foot ( based on New Listings )
$ 186
1 %
2 %
11 %
7 %
$ 186
11 %
7 %
January Sold Price per Square Foot
$ 160
1 %
2 %
13 %
5 %
$ 160
13 %
5 %
January Month ' s Supply of Inventory
3.6
17 %
6 %
-25%
9 %
3.6
-25%
9 %
January Sale Price vs List Price Ratio
94.3 %
. 3 %
-. 1 % 1.0 %
-. 1 %
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 January Property sales were 1,447 , up 16.1 % from 1,246 in January of 2016 and 17.2 % lower than the 1,748 sales last Property month . January Sales 2017 sales were at their highest level compared 2,5002,000
January to January Property of 2016 sales and were 2015 1,447 . January , up 16.1 YTD % from sales 1,246 of 1,447 in are January running of 16.1 2016
% and ahead
17.2 of % last lower year than
' s year-to-date the 1,748 sales sales last of 1,246 . month . January 2017 sales were at their highest level compared 2,0001,500 to January of 2016 and 2015 . January YTD sales of 1,447 are running 16.1 % ahead of last year ' s year-to-date sales of 1,246 .
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 January was $ 179,900 , up 5.8 % from
Prices $ 170,000 in January of 2016 and down 8.7 % from $ 197,000 The last Median month Sales . The Price Average in January Sales Price was $ in 179,900 January , up was 5.8 $ % 250,189 from ,
300 $ up 170,000 6.7 % in from January $ 234,507 of 2016 in January and down of 8.7 2016 % from and $ down 197,000 2.0 % from last month . The Average Sales Price in January was $ 250,189 ,
280 $ 255,211 last month . January 2017 ASP was at the highest level up 6.7 % from $ 234,507 in January of 2016 and down 2.0 % from 260 compared to January of 2016 and 2015 . $ 255,211 last month . January 2017 ASP was at the highest level 240 compared to January of 2016 and 2015 .
220 200 180 160 140 120 100
500
0
500
0
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 M J
J
A S O N D
J
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
1,207 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 1,639 1,748 1,447
F
14 300 280 260 240 220 200 180 160 140 120 100
1,207 1,532 1,659 1,741
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 M J
J
A S O N D
J
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
January Total Inventory was 5,202 of , down Properties 3.4 % available from 5,386 for sale last month as of and down
9,000
January
12.6 % from was 5,202 5,951 , down in January 3.4 % from of last 5,386 year last . January month 2017 and down
9,0008,000
7.0
12.6
Inventory % from 5,951 was at in its January lowest of level last compared year . January with 2017 January of 2016
8,0007,000
6.0
Inventory was at its lowest level compared with January of 2016
7,000 and 2015 .
6,000
5.0 and 2015 .
6,0005,000
5,000
4.0
4,000
4,000
A comparatively lower MSI is more beneficial for sellers while a
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
3,000 higher MSI is better for buyers . The January 2017 MSI of 3.6
2,000
2.0 higher MSI is better for buyers . The January 2017 MSI of 3.6
2,000 months was at its lowest level compared with January of 2016
1,000 months was at its lowest level compared with January of 2016
1,000
1.0 and 2015 .
0 and 2015 .
0
0.0
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 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
14
14
15
15
16
16
17
17
1,679 1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516
7,680 7,472 7,410 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
1,923 1,991 1,916 2,095 2,010 1,782 1,765 1,739 1,376
3 Mo Avg
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 M J
J
A S O N D
J
14
15
16
17
7,680 7,472 7,410 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 6,218 6,033
6,218 6,033 5,834 5,669 5,857 5,875 5,702 5,951 6,078 5,999 5,856 5,763 5,641 5,546 5,519 5,553 5,593 5,678 5,386 5,202
1,834
5,834 5,669 5,857 5,875 5,702 5,951 1,246 1,546 1,939 2,044 1,967 2,075 1,776 1,903 1,765 1,602
6,078 5,999 5,856 5,763 5,641 5,546 5,519 5,553 5,593 5,678
1,639 1,748
5,386 5,202
1,447
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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