FL ARCHIVED March 2017 | Page 21

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 299,900
5 %
25 %
Average List Price of all Current Listings
$ 498,146
3 %
20 %
March Median Sales Price
$ 195,000
-3%
1 %
11 %
7 %
$ 192,000
13 %
5 %
March Average Sales Price
$ 260,833
-3%
1 %
11 %
6 %
$ 260,189
11 %
5 %
Total Properties Currently for Sale ( Inventory )
5,107
-6%
-15%
March Number of Properties Sold
2,185
47 %
13 %
5,124
8 %
March Average Days on Market ( Solds )
62
-7%
-2%
2 %
3 %
65
0 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 186
-1%
1 %
12 %
8 %
$ 186
11 %
8 %
March Sold Price per Square Foot
$ 164
-1%
1 %
12 %
8 %
$ 164
14 %
8 %
March Month ' s Supply of Inventory
2.3 -36% -29% -25% -29%
3.3
-17%
-1%
March Sale Price vs List Price Ratio
94.5 %
. 3 %
. 3 %
. 1 %
. 1 %
94.4 %
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 March Property sales were 2,185 , up 12.7 % from 1,939 in March of 2016 and 46.8 % higher than the 1,488 sales last month . Property March 2017 Sales sales were at their highest level compared to March 2,5002,000
March of 2016 Property and 2015 sales . March were 2,185 YTD , up sales 12.7 of % 5,124 from are 1,939 running March 8.3 % of ahead 2016 and of last 46.8 year % higher
' s year-to-date than the 1,488 sales of sales
4,731 last
. month . March 2017 sales were at their highest level compared to March 2,0001,500 of 2016 and 2015 . March YTD sales of 5,124 are running 8.3 % ahead of last year ' s year-to-date sales of 4,731 .
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 March was $ 195,000 , up 11.4 % from
Prices $ 175,000 in March of 2016 and down 2.5 % from $ 200,000 last The month Median . The Sales Average Price Sales in March Price was in $ March 195,000 was , up $ 11.4 260,833 % from , up
300
$ 10.7 175,000 % from in March $ 235,692 of 2016 in March and down of 2016 2.5 % and from down $ 200,000 2.6 % from last month . The Average Sales Price in March $ 260,833 , up
280 $ 267,841 last month . March 2017 ASP was at the highest level 10.7 % from $ 235,692 in March of 2016 and down 2.6 % from 260 compared to March of 2016 and 2015 . $ 267,841 last month . March 2017 ASP was at the highest level 240 compared to March of 2016 and 2015 .
220 200 180 160 140 120 100
500
0
500
0
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
14
15
16
17
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
1,659 1,741 1,679 1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923 1,992 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 1,777 1,903 1,765 1,602 1,640 1,749 1,451 1,488 2,185
A
14 300 280 260 240 220 200 180 160 140 120 100
1,659 1,741 1,679 1,637
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
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 March
The was Total 5,107 Inventory , down 6.0 of % Properties from 5,431 available last month for sale and as down of March 15.0 %
8,000 was from 5,107 6,006 , down in March 6.0 % from of last 5,431 year last . March month 2017 and down Inventory 15.0 % was at
8,0007,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
from its lowest 6,006 level in March compared of last year with . March of 2017 2016 Inventory and 2015 was . at its lowest level compared with March of 2016 and 2015 .
7,0006,000
6,000
5,000
6.0
5.0
5,000
4,000
4.0
4,000
3,000
A comparatively lower MSI is more beneficial for sellers while
3.0
3,000 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
March for 2017 sellers MSI while of 2.3 a
2,000
2.0 higher MSI is better for buyers . The March 2017 MSI of 2.3
2,000 months was at its lowest level compared with March of 2016 and
1,000 months was at its lowest level compared with March of 2016 and
1,000
1.0
2015 .
0
2015 .
0
0.0
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
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
14
14
15
15
16
16
17
17
1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923
7,411 7,245 7,058 6,973 6,952 6,915 7,065 7,058 6,915 6,999 6,903 6,780 6,542 6,432 6,220 1,992 1,916 2,095 2,010 1,782 1,765 1,739 1,376 1,834 1,246
3 Mo Avg
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
14
15
16
17
7,411 7,245 7,058 6,973 6,952 6,915 7,065 7,058 6,915 6,999 6,903 6,780 6,542 6,432 6,220 6,035 5,838
6,035 5,838 5,674 5,862 5,880 5,707 5,957 6,084 6,006 5,866 5,773 5,653 5,560 5,537 5,573 5,625 5,727 5,487 5,545 5,431 5,107
1,546
5,674 5,862 5,880 5,707 5,957 6,084 6,006 1,939 2,044 1,967 2,075 1,777 1,903 1,765 1,602 1,640 1,749
5,866 5,773 5,653 5,560 5,537 5,573 5,625 5,727 5,487 5,545
1,451 1,488
5,431 5,107
2,185
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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