FL ARCHIVED April 2016 | Page 29

Community Information | School District

St . Petersburg Agent Name

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Community Information | School District

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
$ 1,395,000
0 %
-13%
Average List Price of all Current Listings
$ 1,836,188
-2%
-10%
April Median Sales Price
$ 1,242,500
16 % #### -19% 775 %
$ 150,000
12 %
6 %
April Average Sales Price
$ 1,534,375
1 %
####
-2%
652 %
$ 210,577
8 %
3 %
Total Properties Currently for Sale ( Inventory )
105
15 %
52 %
April Number of Properties Sold
8
####
-20%
28
0 %
April Average Days on Market ( Solds )
146
47 % #### 54 %
128 %
62
-13%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 445
14 %
3 %
-2%
1 %
$ 431
-2%
-2%
April Sold Price per Square Foot
$ 393
-8%
#### -14% 200 %
$ 140
12 %
7 %
April Month ' s Supply of Inventory
13.1
-42% -19% 90 %
26 %
14.4
9 %
39 %
April Sale Price vs List Price Ratio
92.2 %
. 5 %
#### -. 6 % -1.1%
93.8 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
12
Property Sales April Property sales were 8 , down 20.0 % from 10 in April of 2015 and 100.0 % higher than the 4 sales last month . April 2016 sales were at a mid level compared to April of 2015 and 2014 . April YTD sales of 28 are running equal to last year ' s year-todate sales of 28 .
10 128
106
84
Number of Properties Sold
3 Mo Avg
62
40
2
10 7 5 7 5 5 2 9 2 4 6 5 10 8 11 6 6 11
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
13
14
15
16
11 5 3 5 10 10 10 10 9 4 9 6 7 8 9 7 4 8
Prices The Median Sales Price in April was $ 1,242,500 , down 18.7 % from $ 1,527,500 in April of 2015 and up 15.6 % from $ 1,075,000 last month . The Average Sales Price in April was $ 1,534,375 , down 1.8 % from $ 1,563,000 in April of 2015 and up 1.0 % from $ 1,518,750 last month . April 2016 ASP was at the lowest level compared to April of 2015 and 2014 .
10
0
3 Mo Avg
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
2,00013
14
15
16
1,800
Median Sales Price and Average Sales Price
3 Mo Avg
2,000 1,600
1,800 1,400
1,600 1,200
7 5 7 5 5 2 9 2 4 6 5 10 8 11 6 6 11 11 5 3 5 10 10 10 10 9 4 9 6 7 8 9 7 4 8
1,400 1,000 1,200
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
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of April was 105 , up 15.4 % from 91 last month and up 52.2 % from 69 in April of last year . April 2016 Inventory was at its highest level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 13.1 months was at a mid level compared with April of 2015 and 2014 .
1,000 120 100
80 120 60 100 40 80 20 60 0 40
20 0
65 65
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
13
14
15
16
M 13
66 66
65 65
59 59
57 57
Total Inventory & Month ' s Supply of Inventory ( MSI )
64 64
68 68
74 74
83 83
J
J
A S O N D
J
14
84 84
80
80 71 71
71
71 65 67
65
67 71 72
71 72
65 72
65 72 76 73 72 73 69 65 60 64 58 61 68 70 75
82 88 91
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
13
14
15
16
76 73
F M A M J
J
A S O N D
J
15
72 73 69 65 60 64 58 61 68 70 75
82
F M A M J
J
A S O N D
J
16
88 91
F M A 45.0
105 105
F M A
40.0 35.0 30.0
25.0 45.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 29