FL ARCHIVED January 2017 | Page 33

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 245,000
0 %
30 %
Average List Price of all Current Listings
$ 423,575
4 %
29 %
January Median Sales Price
$ 164,000
-12% -4%
8 %
-1%
$ 164,000
8 %
-1%
January Average Sales Price
$ 230,096
-5%
-1%
6 %
1 %
$ 230,096
6 %
1 %
Total Properties Currently for Sale ( Inventory )
1,451
-1%
-8%
January Number of Properties Sold
447 -24%
16 %
447
16 %
January Average Days on Market ( Solds )
61
20 %
13 %
3 %
9 %
61
3 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 181
2 %
2 %
15 %
8 %
$ 181
15 %
8 %
January Sold Price per Square Foot
$ 153
-6%
-1%
10 %
2 %
$ 153
10 %
3 %
January Month ' s Supply of Inventory
3.2
30 %
7 %
-21%
12 %
3.2
-21%
12 %
January Sale Price vs List Price Ratio
95.1 %
1.0 %
. 4 %
2.3 %
. 8 %
95.1 %
2 %
1 %
* 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
January Property sales were 447 , up 16.4 % from 384 in January of 2016 and 23.6 % lower than the 585 sales last month . January
Property
2017 sales Sales were at their highest level compared to January of
700
600
Number of Properties Sold
3 Mo Avg
January
2016 and Property 2015 . sales January were YTD 447 , sales up 16.4 of % 447 from are 384 running January 16.4 % of ahead 2016 and of last
23.6 year
% lower ' s year-to-date than the 585 sales sales of 384 last
. month . January
600
2017 sales were at their highest level compared to January of
500
400
2016 and 2015 . January YTD sales of 447 are running 16.4 %
500
ahead of last year ' s year-to-date sales of 384 .
400
300
300
200
200
100
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 164,000 , up 8.1 % from
Prices
$ 151,750 in January of 2016 and down 11.8 % from $ 186,000
The last Median month Sales . The Price Average in January Sales Price was $ in 164,000 January , up was 8.1 $ % 230,096 from
300
,
$ up 151,750 6.0 % in from January $ 216,991 of 2016 in January and down of 11.8 2016 % from and down $ 186,000 5.5 % from last month . The Average Sales Price in January was $ 230,096 ,
280
$ 243,385 last month . January 2017 ASP was at the highest level up 6.0 % from $ 216,991 in January of 2016 and down 5.5 % from
260 compared to January of 2016 and 2015 .
$ 243,385 last month . January 2017 ASP was at the highest level
240 compared to January of 2016 and 2015 .
220
200
180
160
F
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
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
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
375 472 503 562 506
375 472 503 562 506 483 506 495 533 406 555 374 485 593 589 560 628 601 537 510 535 403 551 384 503 572 652 604 633 474 505 447 436 446 585 447
14
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 1,451 , of down Properties 0.5 % from available 1,459 for last sale month as of and down
2,500
January
8.3 % from was 1,583 1,451 , in down January 0.5 % from of last 1,459 year last . January month 2017 and down
2,500
8.3 % from 1,583 in January of last year . January 2017
2,000
Inventory was at its lowest level compared with January of 2016
2,000
Inventory and 2015 was . at its lowest level compared with January of 2016
1,500 and 2015 .
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while
1,000 a
3.0
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
January for 2017 sellers MSI while of a 3.2
500
2.0 higher MSI is better for buyers . The January 2017 MSI of 3.2 months was at its lowest level compared with January of 2016
500 months was at its lowest level compared with January of 2016
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
2,239 2,220 2,176 2,075 1,997 1,963 1,945 483 506 495 533
2,239 2,220 2,176 2,075 1,997 1,963 1,945 1,914 1,979 406 555 374
15
485 593 589 560
1,972 1,965 1,925 1,904 1,834 1,755 1,708
1,914 1,979 1,972 1,965 1,925 1,904 1,834 1,755 1,708 1,640 1,622 1,599 628 601 537 510 535 403 551
1,640 1,622 1,599 1,586 1,601 1,626 1,583 1,583
384
16
503 572 652 604
1,627 1,582 1,539 1,452 1,506
1,586 1,601 1,626 1,583 1,583 1,627 1,582 1,539 1,452 1,506 1,187 1,298 1,395 1,464 633 474 505
1,506 1,459 1,451
1,187 1,298
447 436
1,395 1,464 1,506
446 585
1,459 1,451
447
17
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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