FL ARCHIVED April 2016 | 页面 18

Pinellas County Community Information | School District

Pinellas County Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
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 April was 152 , up 20.6 % from 126 days last month and down 14.1 % from 177 days in April of last year . The April 2016 DOM was at its lowest level compared with April of 2015 and 2014 .
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152
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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 April 2016 Selling Price per Square Foot of $ 402 was down 7.6 % from $ 435 last month and down 3.0 % from 414 in April 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 April 2016 Selling Price vs Original List Price of 87.9 % was down from 96.4 % last month and down from 92.4 % in April of last year .
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Selling Price per Square Foot
3 Mo Avg
500 480 460 440 420 400 380 360 340 320 300
100 %
95 %
90 %
85 %
80 %
370
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
86.3 %
92.4 %
3 Mo Avg
402
87.9 %
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 April 2016 was 92 , up 19.5 % from 77 last month and up 43.8 % from 64 in April of last year .
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Inventory / New Listings / Sales
600 500 400 300
355 347 338 337 349 359 358 363 373 380 375 374 377 366 364 378 383 385 398 393 397 400 397 403 393 400 395 369 363 424 431 412 421 438 451
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18 | c o l d w e l l b a n k e r h o m e s . c o m