FL ARCHIVED January 2017 | Page 31

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 519,000
-4%
30 %
Average List Price of all Current Listings
$ 791,401
7 %
36 %
January Median Sales Price
$ 375,000
21 %
7 %
-3%
9 %
$ 375,000
-3%
9 %
January Average Sales Price
$ 447,034
-1%
1 %
2 %
4 %
$ 447,034
2 %
4 %
Total Properties Currently for Sale ( Inventory )
157
10 %
5 %
January Number of Properties Sold
21 -32%
0 %
21
0 %
January Average Days on Market ( Solds )
123
28 %
22 %
68 %
48 %
123
68 %
48 %
Asking Price per Square Foot ( based on New Listings )
$ 349
-7%
-6%
-3%
1 %
$ 349
-3%
1 %
January Sold Price per Square Foot
$ 292
2 %
-3%
-2%
-4%
$ 292
-2%
-4%
January Month ' s Supply of Inventory
7.5
62 %
19 %
5 %
48 %
7.5
5 %
48 %
January Sale Price vs List Price Ratio
92.2 % 1.1 % -. 5 % -1.8% -1.5%
92.2 %
-2%
-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 21 , equal to 21 in January of 2016 and 32.3 % lower than the 31 sales last month . January 2017 Property sales were Sales at their highest level compared to January of 2016 50
January and 2015 Property . January sales YTD were sales 21 , equal of 21 to are 21 running January equal of 2016 to last 45 and year 32.3 ' s year-to-date
% lower than sales the 31 of sales 21 . last month . January 2017 sales were at their highest level compared to January of 2016 40 and 2015 . January YTD sales of 21 are running equal to last 35 year ' s year-to-date sales of 21 .
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
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
0
14
15
16
17
F
M A M J
Prices
14
The Median Sales Price in January was $ 375,000 , down 2.6 %
Prices
600 from $ 385,000 in January of 2016 and up 21.0 % from
The
$ 310,000 Median last Sales month Price . in The January Average was Sales $ 375,000 Price , down in January 2.6 % was
550
600 from
$ 447,034 $ 385,000 , up 2.5 in January % from of $ 436,262 2016 and in up January 21.0 % from of 2016 and down
500
$
1.4 310,000 % from last $ 453,558 month . The last Average month . Sales January Price 2017 in January ASP was was at the
550
$ highest 447,034 level , up 2.5 compared % from $ to 436,262 January in January of 2016 of and 2016 2015 and . down
500
450
1.4 % from $ 453,558 last month . January 2017 ASP was at the highest level compared to January 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
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
18 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
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
The
January Total Inventory was 157 , up of Properties 9.8 % from available 143 last month for sale and as of up 4.7 %
January from 150 was in 157 January , up 9.8 of % last from year 143 . last January month 2017 and Inventory up 4.7 % was
250 at from its highest 150 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
200 its highest level compared with January of 2016 and 2015 .
150
250
200
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
8.0
100
6.0
A comparatively lower MSI is more beneficial for sellers while
100 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
January for 2017 sellers MSI while of a 7.5 higher MSI is better for buyers . The January 2017 MSI of 7.5 months was at a mid level compared with January of 2016 and
50 months was at a mid level compared with January of 2016 and
2015 .
2015 .
0
4.0
50
2.0
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
198 180
18 173
25 164
18 146
35
134 23 26 29 29 28
135 146
126 134
128 135 131
126 138 128
29
150 131 149 35 19
Number of Properties Sold
23 32 47 36 28 32 25 33 21 23 31
138 148
150 145
149 140
148
135 134
145
127 140
135 135
128 134
131 127
134 135
128 150
131 168
134 167
150 150 154 21 27
147
119 38
154 130
147
134 119 149
112 143 130 157 134
112
39 40 39 36
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
198 180 173 164
168 167
150
37 18
149 21
143
3 Mo Avg
22
157 31 21
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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