FL ARCHIVED April 2017 | Page 23

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
1 %
28 %
Average List Price of all Current Listings
$ 1,416,679
4 %
30 %
April Median Sales Price
$ 251,250
-16% -7%
-3%
-9%
$ 271,500
4 %
-1%
April Average Sales Price
$ 330,109
4 %
0 %
-4%
-23%
$ 331,288
-37%
-22%
Total Properties Currently for Sale ( Inventory )
59 -12%
-17%
April Number of Properties Sold
20
82 %
5 %
55
0 %
April Average Days on Market ( Solds )
56 -23% -16% -16% -31%
67
-8%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 204
-2%
-3% -24%
-1%
$ 211
6 %
2 %
April Sold Price per Square Foot
$ 170
-8%
-2%
1 %
-5%
$ 173
-4%
-3%
April Month ' s Supply of Inventory
3.0 -52% -46% -21% -51%
5.3
-20%
-12%
April Sale Price vs List Price Ratio
93.6 %
-. 7 % -. 5 %
. 5 %
1.3 %
94.0 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 20 , up 5.3 % from 19 in April of 2016 and 81.8 % higher than the 11 sales last month . April 2017 sales Property were at their
Sales highest level compared to April of 2016 and 201530
.
April Property sales were 20 , up 5.3 % from 19 in April of 2016 April YTD sales of 55 are running equal to last year ' s year-todate sales of 55 .
25 and 81.8 % higher than the 11 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 55 are running equal to last year ' s year-todate sales of 55
20 .
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 April was $ 251,250 , down 3.0 % from
Prices $ 259,100 in April of 2016 and down 16.3 % from $ 300,000 last The month Median . The Sales Average Price Sales in April Price was in $ 251,250 April was , down $ 330,109 3.0 % from , down 800 $ 3.7 259,100 % from in April $ 342,768 of 2016 in April and down of 2016 16.3 and % from up 3.6 $ 300,000 % from last month . The Average Sales Price in April was $ 330,109 , down 700 $ 318,514 last month . April 2017 ASP was at a mid range 3.7 % from $ 342,768 in April of 2016 and up 3.6 % from compared to April of 2016 and 2015 .
600
$ 318,514 last month . April 2017 ASP was at a mid range compared to April of 2016 and 2015 .
500 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April
The was Total 59 , down Inventory 11.9 % of from Properties 67 last available month and for sale down as of 16.9 April % from 71 was 59 , down 11.9 % from 67 last month and down 16.9 % from 71 120
in April of last year . April 2017 Inventory was at its lowest level in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its lowest level 100
compared with April 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 April 2017 MSI of 3.0 higher MSI is better for buyers . The April 2017 MSI of 3.0 months was at its lowest level compared with April of 2016 and 20 months was at its lowest level compared with April of 2016 and 2015
2015 .
. 0
10
5
0
300 200 100
0
5
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
14
15
16
17
M
14
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
15
Median Sales Price and
16 Average 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
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
M
J
14J
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
A17
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
102
60 40 20 0
96
M J 14
13 102 94
11 96 98
14 94 92
13 11 14 10 9
10 98 87
9 92 97
12 87 92
10 97 88
10
92
12 10 10 9 9
9
92 104 88
9 92
98 98
14 104
11 98
101 99
13
98
14 11 13 14 6
90
MJ AJ SJ OA NS DO JN FD MJ
AF MJ A M J
14
15 15
14
101 82
99 6
90
14 20
93
89
86 82 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 67
J A S O N D J 17
15
76 11
69 70
11 59
J A S OFNM DA J
15 11 11 13 15 9
13
11
20 15 9
10.0 8.0 6.0 4.0 2.0 0.0 F M A
17
73 66 67
59 11 20
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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