FL ARCHIVED April 2017 | Page 21

Market Action Report April 2017

ST . PETERSBURG

City : St Petersburg

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,624,000
3 %
16 %
Average List Price of all Current Listings
$ 1,923,203
1 %
5 %
April Median Sales Price
$ 1,355,000
-7%
12 %
9 %
4 %
$ 1,214,900
-7%
-7%
April Average Sales Price
$ 1,463,850
-5%
-3%
-5%
-14%
$ 1,501,749
-3%
-12%
Total Properties Currently for Sale ( Inventory )
120
-6%
25 %
April Number of Properties Sold
10 -17%
25 %
51
82 %
April Average Days on Market ( Solds )
85
0 %
-1% -42% -17%
86
-31%
-17%
Asking Price per Square Foot ( based on New Listings )
$ 468
-3%
-6%
6 %
3 %
$ 496
16 %
9 %
April Sold Price per Square Foot
$ 392
-10% -17% -0%
-11%
$ 471
20 %
8 %
April Month ' s Supply of Inventory
12.0
13 %
25 %
0 %
-15%
11.1
-17%
-21%
April Sale Price vs List Price Ratio
90.6 % -2.2% -4.4% -1.7% -1.5%
94.8 %
4 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
25 April Property sales were 10 , up 25.0 % from 8 in April of 2016 and 16.7 % lower than the 12 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . 20
Property April YTD sales Sales of 51 are running 82.1 % ahead of last year ' s yearto-date Property sales of sales 28 . were 10 , up 25.0 % from 8 in April of 2016 15
25
April and 16.7 % lower than the 12 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . 20 April YTD sales of 51 are running 82.1 % ahead of last year ' s yearto-date sales of 28 .
10
15 5
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in April was $ 1,355,000 , up 9.1 % from $ 1,242,500 in April of 2016 and down 7.4 % from $ 1,462,500 last month . The Average Sales Price in April was $ 1,463,850 ,
Prices down 4.6 % from $ 1,534,375 in April of 2016 and down 5.3 % The from
Median $ 1,545,833
Sales last Price month in April
. April was 2017 $ 1,355,000
ASP was , up at 9.1 the % lowest from
$ level 1,242,500 compared in April to April of 2016 of 2016 and and down
2015
7.4 .
% from $ 1,462,500 last month . The Average Sales Price in April was $ 1,463,850 , down 4.6 % from $ 1,534,375 in April of 2016 and down 5.3 % from $ 1,545,833 last month . April 2017 ASP was at the lowest level compared to April of 2016 and 2015 .
10
0
5
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
17
0
Median Sales Price and Average Sales Price
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
14
3,000
15
16
17
Median Sales Price and Average Sales Price
10
2,500
10
3,000 2,000
2,500 1,500
8 8
11
11 6 6
6
6 11 11 5 3 5
11 11 5 3 5 10 10 10 10 9 4 9 6 7 8 9 7 4 8 3
10 10 10 10 9 4 9 6 7 8 9 7 4 8 3
14
14 3 17 10 9 5
3 17 10 9 5
10 10
8
8 21 12 10
21 12 10
3 Mo Avg
2,000 1,000
1,500
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
Inventory & MSI The Total Inventory of Properties available for sale as of April was 120 , down 5.5 % from 127 last month and up 25.0 % from 96 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 120 , down 5.5 % from 127 last month and up 25.0 % from 96 in April of last year . April 2017 Inventory was at its highest level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 12.0 months was at its highest level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 12.0 months was at its highest level compared with April of 2016 and 2015 .
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
30.0
17
120
25.0
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
80
140
60
120
40
100
20
80
0
60
40
M
J
14
J A S O N D J
F M A M J
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A
17
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
10.0
20
5.0
71 71
65 65
66 66
70 70
71 71
64 64
71 71
75 75
72 72
0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J and J Up A | SProperty O NTypes D : JSFH F - MConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 14 Association of REALTORS , 15 My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17 Beaches , Space Coast Association of REAL 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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72
72 68 64
68 64
59 59
62 62
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96 96
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Coldwell Banker Global Luxury SM | 21
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126 126
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120
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