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 January was 67 , up 13.6 % from 59 days last month and equal to 67 days in January of last year . The January 2017 DOM was at its lowest level compared with January 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 January 2017 Selling Price per Square Foot of $ 160 was up 0.7 % from $ 159 last month and up 12.7 % from 142 in January 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 January 2017 Selling Price vs Original List Price of 94.3 % was up from 94.0 % last month and up from 93.4 % in January of last year .
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 January 2017 was 2,370 , up 41.7 % from 1,673 last month and down 4.6 % from 2,485 in January of last year .
Days On Market for Sold Properties
90 |
80 |
80 |
|
|
70 |
67 |
67 |
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
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 |
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 % 89 %
129
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 |
142
Selling Price versus Listing Price Ratio
92.1 %
88 % |
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 / New Listings / Sales |
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0
7,680 7,472 7,410 7,244 7,057 6,972
Avg Selling Price divided by Avg Listing Price for sold properties during the month
6,951 6,914 7,064 7,057 6,914 6,998 6,902 6,779 6,541 6,431 6,218 6,033 5,834 5,669 5,857 5,875 5,702
93.4 %
5,951 6,078 5,999 5,856 5,763 5,641 5,546 5,519 5,553
3 Mo Avg
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 |
5,593 5,678 5,386
160
94.3 %
5,202
22 | c o l d w e l l b a n k e r h o m e s . c o m