FL ARCHIVED January 2017 | Page 23

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 716,950
-2%
26 %
Average List Price of all Current Listings
$ 1,388,259
-1%
44 %
January Median Sales Price
$ 271,500
-35% -6% -54%
-1%
$ 271,500
-54%
-1%
January Average Sales Price
$ 260,967
-40% -25% -64% -39%
$ 260,967
-64%
-39%
Total Properties Currently for Sale ( Inventory )
70
1 %
-10%
January Number of Properties Sold
15
15 %
88 %
15
88 %
January Average Days on Market ( Solds )
75 -29%
4 %
0 %
-7%
75
0 %
-7%
Asking Price per Square Foot ( based on New Listings )
$ 178
-8%
-4%
-7%
-16%
$ 178
-7%
-16%
January Sold Price per Square Foot
$ 159
-20% -12% -34% -11%
$ 159
-34%
-11%
January Month ' s Supply of Inventory
4.7 -12% -14% -52% -23%
4.7
-52%
-23%
January Sale Price vs List Price Ratio
94.6 %
4.3 % 1.8 % -3.0% 2.4 %
94.6 %
-3%
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 15 , up 87.5 % from 8 in January of 2016 and 15.4 % higher than the 13 sales last month . January Property 2017 sales
Sales were at their highest level compared to January of 30 January Property sales were 15 , up 87.5 % from 8 in January of 2016 and 2015 . January YTD sales of 15 are running 87.5 % 2016 and 15.4 % higher than the 13 sales last month . January ahead of last year ' s year-to-date sales of 8 .
25
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 15 are running 87.5 %
20 ahead of last year ' s year-to-date sales of 8 .
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 January was $ 271,500 , down 53.6 %
Prices from $ 585,450 in January of 2016 and down 35.4 % from The $ 420,000 Median last Sales month Price . in The January Average was Sales $ 271,500 Price , down in January 53.6 % was 800 from $ 260,967 $ 585,450 , down in January 64.2 % from of 2016 $ 729,170 and down in January 35.4 % from of 2016 and $ 420,000 last month . The Average Sales Price in January was 700 down 39.9 % from $ 433,915 last month . January 2017 ASP was $ 260,967 , down 64.2 % from $ 729,170 in January of 2016 and at a mid range compared to January of 2016 and 2015 . 600 down 39.9 % from $ 433,915 last month . January 2017 ASP was at a mid range compared to January of 2016 and 2015 .
500 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of
The January Total Inventory was 70 , up of 1.4 Properties % from 69 available last month for sale and as down of 10.3 % January was 70 , up 1.4 % from 69 last month and down 10.3 % 120
from 78 in January of last year . January 2017 Inventory was at from its lowest 78 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at 100
its lowest level compared with January 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 January 2017 MSI of 4.7 higher MSI is better for buyers . The January 2017 MSI of 4.7 months was at its lowest level compared with January of 2016 20 months was at its lowest level compared with January of 2016 and
and 2015
2015 .
. 0
10
5
0
300 200 100
0
5
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
F
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
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
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
M14 A 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
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
101
60 40 20
102 10
101 100
11 102 102
15 100 96
0 F M FA M J
14 14
13 102 94
11 96 98
M A M J
14 94 92
10 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
J A SJ OA NS DO JN FDM JA M J
15 15
98 11
98 13
90
14 11 13 14 6
101 14
82
F M A M J
99 6 90
14
93 89
86 82 20 93 78
24 89 86
14 20 24 9 9 8
9 86 81
9 78 71
8 86 75
J A S JO AN DS OJ
NF MD AJ
M J
16 16
10 81
68
68 18 19 75
13
71 73
73 68 76 68
F M A M J
10 18 19 13 22 12 9
22 12 9
15 11 11 13 15
10.0 8.0 6.0 4.0 2.0 0.0
J A S O N D J
73 73
69 69 70
76
J A S O N D J 17
15 69
11 69
11 70
17
13 15
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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