FL ARCHIVED April 2018 | Page 40

Market Action Report April 2018

PINELLAS County : Pinellas COUNTY

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
$ 1,494,500
-0%
-4%
Average List Price of all Current Listings
$ 1,937,016
-1%
-1%
April Median Sales Price
$ 1,299,500
0 %
-2% -17%
-4%
$ 1,327,500
-5%
-2%
April Average Sales Price
$ 1,424,901
-16% -11% -28% -12%
$ 1,594,685
-7%
-1%
Total Properties Currently for Sale ( Inventory )
479
-0%
-5%
April Number of Properties Sold
46 -12%
31 %
161
20 %
April Average Days on Market ( Solds )
101 -38% -28% -15% -34%
140
9 %
-8%
Asking Price per Square Foot ( based on New Listings )
$ 493
6 %
3 %
-16%
2 %
$ 478
-6%
-1%
April Sold Price per Square Foot
$ 415
-3%
-5% -12%
-8%
$ 435
-9%
-4%
April Month ' s Supply of Inventory
10.4
13 % -11% -28% -27%
12.5
-19%
-13%
April Sale Price vs List Price Ratio
89.9 % -1.3% . 1 %
-. 8 % -1.2%
89.8 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales April Property sales were 46 , up 31.4 % from 35 in April of 2017 and 11.5 % lower than the 52 sales last month . April 2018 sales were at their highest level compared to April of 2017 and 2016 . Property April YTD sales Sales of 161 are running 20.1 % ahead of last year ' s April year-to-date Property sales sales of were 134 . 46 , up 31.4 % from 35 in April of 2017 and 11.5 % lower than the 52 sales last month . April 2018 sales were at their highest level compared to April of 2017 and 2016 . April YTD sales of 161 are running 20.1 % ahead of last year ' s year-to-date sales of 134 .
Prices The Median Sales Price in April was $ 1,299,500 , down 17.5 % from $ 1,575,000 in April of 2017 and up 0.2 % from $ 1,296,700 last month . The Average Sales Price in April was $ 1,424,901 ,
Prices down 27.9 % from $ 1,977,543 in April of 2017 and down 15.9 % The from Median $ 1,694,352 Sales last Price month in April . April was 2018 $ 1,299,500 ASP was , down at the 17.5 lowest % from level $ compared 1,575,000 to in April of of 2017 and and 2016 up 0.2 . % from $ 1,296,700 last month . The Average Sales Price in April was $ 1,424,901 , down 27.9 % from $ 1,977,543 in April of 2017 and down 15.9 % from $ 1,694,352 last month . April 2018 ASP was at the lowest level compared to April of 2017 and 2016 .
60 80 50 70 40 60 30 50 20 40 10 30 0 20
10
0 2,000M
15 1,900
2,000 1,700
1,900 1,600
1,800 1,500
1,700 1,400
1,600 1,300
1,500 1,200
1,400 1,100
1,300 1,200
31
Number of Properties Sold
31 36 26 16 27 26 20 22 25 29 31 35 22 47 30 31 32 23 24 21 30 36 33 35 49 67 40 33 30 29 20 30 32 31 52 46
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
Inventory & MSI
The Total Inventory of Properties available for sale as of April was 479 , down 0.4 % from 481 last month and down 5.0 % from
1,100
600
M
15
J
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
25.0
504 in April of last year . April 2018 Inventory was at a mid level
Inventory compared with & MSI April of 2017 and 2016 . The Total Inventory of Properties available for sale as of April was 479 , down 0.4 % from 481 last month and down 5.0 % from
504 in April of last year . April 2018 Inventory was at a mid level compared
A comparatively with April lower of 2017 MSI is and more 2016 beneficial . for sellers while a
500
400
600
300
500
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
15.0
25.0
10.0
20.0
higher MSI is better for buyers . The April 2018 MSI of 10.4 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 10.4 months was at its lowest level compared with April of 2017 and 2016 .
400
100
300
0
200
100
0
M
15
J
J A S O N D J
16
F M A M J
J A S O N D J
17
F M A M J
J A S O N D J
18
F M A
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
EALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR
15 Association , Navarre Area 16Board of REALTORS , Emerald Coast Association
17 of REALTORS , Pensacola Association of REALTORS
18 and may not reflect all relevant re
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 .
393 36 399
26 391
Agent Name
Title Phone 80 70
1,800
Website Other
16 366
27 358
26 418
20 423
22 405
25
Median Sales Price and Average Sales Price
412 29 430
31
440 35
454
Number of Properties Sold
22
434 441
47 437
30 434
31 439
32 462
23 475
24
479 21 30
509 534
36 509
33 504
35 478
49 473
67 454
40 432
33 429
30
445 29
471 20
467 474
30 477
32
3 Mo Avg F M A
481
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
15
16
17
18
393
31
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
15
16
17
18
399 391 366 358 418 423 405 412 430 440 454 434 441 437 434 439 462 475 479 509 534 509 504 478 473 454 432 429 445 471 467 474 477 481
3 Mo Avg
Coldwell Banker Global Luxury ® | 21
479
479 52 46