FL ARCHIVED April 2016 | Page 24
Market Action Report
City: Clearwater Beach
April 2016
Clearwater Beach
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 93, up 5.7% from 88
days last month and down 56.3% from 213 days in April of last
year. The April 2016 DOM was at its lowest level compared with
April of 2015 and 2014.
3 Mo Avg
450
400
331
350
300
250
213
200
150
93
100
50
0
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
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
600
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 550
more normalized indicator on the direction of Property values.
The April 2016 Selling Price per Square Foot of $430 was down
500
26.2% from $582 last month and down 18.9% from 530 in April
of last year.
450
545
3 Mo Avg
530
430
400
350
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14
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Selling Price versus Listing Price Ratio
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 91.7% was down from 93.4% last month and up from
91.6% in April of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
100%
91.7%
91.6%
88.5%
80%
60%
40%
20%
0%
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
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
80
30
62
59
56
58
62
49
52
61
54
55
64
60
55
55
54
54
54
52
52
52
50
48
48
47
43
50
49
48
45
41
40
45
50
51
66
60
64
74
70
44
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 15, up 15.4% from 13 last month and up
200.0% from 5 in April of last year.
20
10
0
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
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Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | 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 Association of REALTO
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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