Market Action Report
City: St Petersburg
St. Petersburg
April 2017
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | 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 56, up 9.8% from 51
days last month and down 11.1% from 63 days in April of last
year. The April 2017 DOM was at its lowest level compared with
April of 2016 and 2015.
3 Mo Avg
90
80
68
70
63
56
60
50
40
30
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
14
15
16
17
Selling Price per Square Foot
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 2017 Selling Price per Square Foot of $162 was down
3.3% from $168 last month and up 13.7% from 143 in April of
last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
162
143
139
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
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 2017 Selling Price vs Original List
Price of 94.8% was up from 94.0% last month and up from
94.3% in April of last year.
3 Mo Avg
Avg Selling Price divided by Av