St . Petersburg Community Information | School District
St . Petersburg Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 51 , down 7.3 % from 55 days last month and down 7.3 % from 55 days in March of last year . The March 2017 DOM was at its lowest level compared with March of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2017 Selling Price per Square Foot of $ 168 was down 6.1 % from $ 178 last month and up 16.6 % from 144 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2017 Selling Price vs Original List Price of 94.0 % was down from 94.4 % last month and down from 94.6 % in March of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in March 2017 was 808 , up 12.7 % from 717 last month and up 6.5 % from 759 in March of last year .
Days On Market for Sold Properties
90 |
80 |
71 |
70 |
|
|
60 |
55 |
51 |
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
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 |
|
Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
125
|
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 |
|
144
Selling Price versus Listing Price Ratio
92.2 %
88 % |
|
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 / New Listings / Sales |
2,500
2,000
1,500
1,000
500
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,176 2,075 1,997 1,963 1,945 1,914 1,979 1,972 1,965 1,925 1,904 1,834 1,755 1,708 1,640 1,622 1,599 1,587 1,602 1,627 1,584 1,584 1,628 1,583 1,541 1,454 1,508
1,190 1,302 1,401 1,473 1,522 1,490 1,554 1,523
1,379
94.6 %
3 Mo Avg
3 Mo Avg
168
94.0 %
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 |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
34 | c o l d w e l l b a n k e r h o m e s . c o m