FL ARCHIVED April 2018 | Page 22

Market Action Report
April 2018
County: Pinellas
PINELLAS
COUNTY
Agent Name
Title
Phone
Website
Other
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
1,000
3,000
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
15
16
17
18
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Total Inventory & Month's Supply of Inventory (MSI)
5
Total Inventory & Month's Supply of Inventory (MSI)
20
30
15
25
10
20
5
15
0
10
25
30
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
15
16
17
18
30.0
200
1,000
300
400
500
The Total Inventory of Properties available for sale as of April
was 26, up 4.0% from 25 last month and up 13.0% from 23 in
April of last year. April 2018 Inventory was at its highest level
Inventory
& MSI
compared with
April of 2017 and 2016.
The Total Inventory of Properties available for sale as of April
was 26, up 4.0% from 25 last month and up 13.0% from 23 in
April of last year. April 2018 Inventory was at its highest level
A comparatively
lower
MSI is
more
beneficial for sellers while a
compared
with April
of 2017
and
2016.
higher MSI is better for buyers. The April 2018 MSI of 13.0
months was at its lowest level compared with April of 2017 and
2016.
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2018 MSI of 13.0
months was at its lowest level compared with April of 2017 and
2016.
Inventory & MSI
600
Inventory / New Listings / Sales
Inventory / New Listings / Sales
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 2018 was 77, down 15.4% from 91 last month
and down 2.5% from 79 in April of last year.
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
15
16
17
18
2,000
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
15
16
17
18
82%
2,000
4,000
84%
3,000
5,000
86%
3 Mo Avg
4,000
6,000
87.9%
88%
90%
89.9%
3 Mo Avg
Median Sales Price and Average Sales Price
5,000
90.6%
92%
94%
Median Sales Price and Average Sales Price
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
15
16
17
18
6,000
96%
0
Prices
The Median Sales Price in April was $1,280,000, up from $0 in
April of 2017 and down 41.8% from $2,200,000 last month.
The Average Sales Price in April was $1,280,000, up from $0 in
Prices
April of 2017 and down 41.8% from $2,200,000 last month.
The
Median
Sales was
Price
in April
was
$1,280,000,
from of
$0 2017
in
April
2018 ASP
at the
lowest
level
compared up
to April
April
of 2017 and down 41.8% from $2,200,000 last month.
and 2016.
The Average Sales Price in April was $1,280,000, up from $0 in
April of 2017 and down 41.8% from $2,200,000 last month.
April 2018 ASP was at the lowest level compared to April of 2017
and 2016.
98%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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
15
16
17
18
415
404
471
3 Mo Avg
5
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
April Property sales were 2, up from 0 in April of 2017 and
4
100.0% higher than the 1 sales last month. April 2018 sales
3 Mo Avg
Number of Properties Sold
were at their highest level compared to April of 2017 and 2016.
4
Property
Sales
5
April YTD sales
of 7 are running 600.0% ahead of last year's
3
April
Property sales
sales of were
year-to-date
1. 2, up from 0 in April of 2017 and
4
100.0% higher than the 1 sales last month. April 2018 sales
3
were at their highest level compared to April of 2017 and 2016.
4
2
April YTD sales of 7 are running 600.0% ahead of last year's
3
2
year-to-date sales of 1.
3
1
2
1
2
0
1 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
16
17
18
1 15
3 Mo Avg
550
530
510
490
470
450
430
410
390
370
350
Selling Price per Square Foot
Selling Price per Square Foot
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
15
16
17
18
101
100
119
Trending versus*:
Prior YTD Prior Year
Trending versus*:
$2,828,525 -2% Trending versus*:
-0%
Month -42%
LM L3M
LY
YTD
Prior
Year
$1,280,000
-2% PYM -10%
$1,310,000
7% YTD Prior
-7%
$1,807,000
-0% -32% 20% -17% $1,894,286
$1,280,000 -42%
55%
23%
$2,828,525
-0%
26 -2%
4%
13%
$1,280,000 2 -42%
-2%
-10% $1,310,000 7 600%
7%
-7%
100%
April
Average
Sales
Price
$1,280,000
-42%
-32%
-17%
$1,894,286
55%
23%
April Average Days on Market (Solds)
51 -95% -86%
-81%
354
23%
35%
Total
Properties
for Sale
(Inventory)
26 -46%
4% -27% 13%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$385
36% -3%
$528
53%
33%
April
of Properties
April Number
Sold Price
per Square Sold
Foot
$381 2 100%
-22% -3%
15%
$393 7 600%
31%
18%
April
on of
Market
(Solds)
51 -95%
354 -39%
23%
35%
April Average
Month's Days
Supply
Inventory
13.0
-48% -86%
-22% 0% -81%
-20%
15.4
-6%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$385
-46%
-27%
36%
-3%
$528
53%
33%
April Sale Price vs List Price Ratio
85.1% -5.2% 5.7%
-1.5%
80.5%
-8%
-7%
April
Sold
per 3 Months
Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date $381 -22% -3%
15%
$393
31%
18%
* LM=Last
Month Price
/ L3M=Last
/ PYM=Same
April Month's Supply of Inventory
13.0 -48% -22% 0%
-20% of Properties
15.4 Sold
-39%
-6%
Number
April
Sale
Price
vs
List
Price
Ratio
85.1%
-5.2%
5.7%
-1.5%
80.5%
-8%
-7%
Property Sales
152
150
YTD
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
April Median
Sales
Price
Median List Price of all Current Listings
April Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
April
Median Sales Price
April Number of Properties Sold
200
250
0
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 2018 Selling Price vs Original
List Price of 89.9% was down from 91.1% last month and down
from 90.6% in April of last year.
April 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -0%
$1,807,000
20%
3 Mo Avg
50
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 2018 Selling Price per Square Foot of $415 was down
2.7% from $427 last month and down 11.9% from 471 in April of
last year.
Agent Name
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 101, down 38.0% from
163 days last month and down 15.1% from 119 days in April of
last year. The April 2018 DOM was at its lowest level compared
with April of 2017 and 2016.
City: Belleair
BELLEAIR
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
April 2018
City: Belleair Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
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
15
16
17
18
0
25.0
20.0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
10.0
5.0
0.0
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | 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 REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR
Association, Navarre Area
and may not reflect all relevant re
15
16 Board of REALTORS, Emerald Coast Association
17 of REALTORS, Pensacola Association of REALTORS
18
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 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.
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.
22 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 23
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 REA
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.