FL ARCHIVED March 2017 | Page 23

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 769,000
3 %
36 %
Average List Price of all Current Listings
$ 1,405,053
-1%
44 %
March Median Sales Price
$ 300,000
-17%
0 %
41 %
9 %
$ 299,000
14 %
9 %
March Average Sales Price
$ 318,514
-32% -11% -47% -25%
$ 331,962
-47%
-22%
Total Properties Currently for Sale ( Inventory )
65
-2%
-20%
March Number of Properties Sold
11
22 %
-39%
35
-3%
March Average Days on Market ( Solds )
73
1 %
-12% 16 %
-10%
74
-4%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 211
-18%
0 %
3 %
1 %
$ 214
20 %
3 %
March Sold Price per Square Foot
$ 184
-3%
2 %
17 %
3 %
$ 175
-7%
-2%
March Month ' s Supply of Inventory
5.9 -19% -2%
31 %
-2%
6.0
-21%
-0%
March Sale Price vs List Price Ratio
94.3 %
. 5 %
1.1 % 1.2 % 2.1 %
94.3 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales March Property sales were 11 , down 38.9 % from 18 in March of 2016 and 22.2 % higher than the 9 sales last month . March 2017 Property sales were
Sales at their lowest level compared to March of 2016 and 30 March Property sales were 11 , down 38.9 % from 18 in March of 2015 . March YTD sales of 35 are running 2.8 % behind last 2016 and 22.2 % higher than the 9 sales last month . March 2017 year ' s year-to-date sales of 36 .
25 sales were at their lowest level compared to March of 2016 and 2015 . March YTD sales of 35 are running 2.8 % behind last
20 year ' s year-to-date sales of 36 .
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 March was $ 300,000 , up 41.2 % from
Prices $ 212,500 in March of 2016 and down 16.7 % from $ 360,000 The last Median month Sales . The Price Average in March Sales was Price $ 300,000 in March , up was 41.2 $ 318,514 % from , 800 $ down 212,500 46.8 in % March from of $ 599,128 2016 and in down March 16.7 of % 2016 from and $ 360,000 down 31.8 % last month . The Average Sales Price in March was $ 318,514 , 700 from $ 466,722 last month . March 2017 ASP was at a mid range down 46.8 % from $ 599,128 in March of 2016 and down 31.8 % compared to March of 2016 and 2015 .
600 from $ 466,722 last month . March 2017 ASP was at a mid range compared to March of 2016 and 2015 .
500 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March
The was Total 65 , down Inventory 1.5 % of from Properties 66 last available month and for sale down as 19.8 of March % from 81 was 65 , down 1.5 % from 66 last month and down 19.8 % from 81 120
in March of last year . March 2017 Inventory was at its lowest in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest 100
level compared with March 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 March 2017 MSI of 5.9 higher MSI is better for buyers . The March 2017 MSI of 5.9 months was at a mid level compared with March of 2016 and 20 months was at a mid level compared with March of 2016 and 2015
2015 .
. 0
10
5
0
300 200 100
0
5
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
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
F M
15Median
Sales Price and 16Average 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
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 M14J
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
F M
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
100
60 40 20
102 15
100 96
13
0 A M AJ
14 14
102 94
11 96 98
14 94 92
15 13 11 14 10 9
10 98 87
9 92 97
12 87 92
10 97
88 92
MJ AJ
S O N D J 15
10 92
12 10 10 9 9
9 9 14 104
11
98
104 88 98 92 98
101 99
13
98 90
14 11 13 14 6
101 82
J A S O N FD MJ
AFMM J A M J 15
14 99
6 90
14
93
89
86 82 20 93 78
24
J A S O N D J 16
89 86
9
14 20 24 9 9 8
86 81
9 78 71
8 86 75
10 81
18
68 68
19 75
13
71 73
73 68 76 68
J A S O NF MD AJ
MF MJ A M J
16
10 18 19 13 22 12 9 22 12
73 9
73
69 70 73 66 65
J A S O N D J 17
15
76 69
11 70
11
15 11 11 13 15 9 11
J A S OF NM
D J
13
15
10.0 8.0 6.0 4.0 2.0 0.0
F M
17
73 66 65 9 11
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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