FL ARCHIVED April 2018 | Page 60

Market Action Report April 2018

ST City :. St PETE Pete Beach BEACH

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
$ 1,699,000
-1%
-10%
Average List Price of all Current Listings
$ 2,087,480
-1%
-4%
April Median Sales Price
$ 1,200,000
-20% -22% -17%
-6%
$ 1,537,500
11 %
20 %
April Average Sales Price
$ 1,391,268
-24% -18% -3%
-9%
$ 1,688,092
20 %
10 %
Total Properties Currently for Sale ( Inventory )
25
4 %
-17%
April Number of Properties Sold
7
133 %
250 %
15
200 %
April Average Days on Market ( Solds )
99
13 %
0 %
1550 % -18%
99
175 %
-18%
Asking Price per Square Foot ( based on New Listings )
$ 785
57 %
30 %
8 %
45 %
$ 604
-5%
12 %
April Sold Price per Square Foot
$ 546
35 %
11 %
17 %
18 %
$ 490
1 %
6 %
April Month ' s Supply of Inventory
3.6 -55% -39% -76% -69%
10.6
-47%
-8%
April Sale Price vs List Price Ratio
88.4 % -4.2% -1.1% -11.4%
. 3 %
89.3 %
-3%
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 7 , up 250.0 % from 2 in April of 2017 and 133.3 % higher than the 3 sales last month . April 2018 sales were at their highest level compared to April of 2017 and 2016 . Property April YTD sales Sales of 15 are running 200.0 % ahead of last year ' s April year-to-date Property sales sales of were 5 . 7 , up 250.0 % from 2 in April of 2017 and 133.3 % higher than the 3 sales last month . April 2018 sales were at their highest level compared to April of 2017 and 2016 . April YTD sales of 15 are running 200.0 % ahead of last year ' s year-to-date sales of 5 .
Prices The Median Sales Price in April was $ 1,200,000 , down 16.7 % from $ 1,440,000 in April of 2017 and down 20.0 % from $ 1,500,000 last month . The Average Sales Price in April was
Prices $ 1,391,268 , down 3.4 % from $ 1,440,000 in April of 2017 and The down Median 23.8 % Sales from Price $ 1,826,667 in April last was month $ 1,200,000 . April , 2018 down ASP 16.7 was % from at the $ 1,440,000 lowest level in compared April of 2017 to April and of down 201720.0 and % 2016 from . $ 1,500,000 last month . The Average Sales Price in April was $ 1,391,268 , down 3.4 % from $ 1,440,000 in April of 2017 and down 23.8 % from $ 1,826,667 last month . April 2018 ASP was at the lowest level compared to April of 2017 and 2016 .
6 8 5 7 4 6 3 5 2 4 1 3 0 2
1
0 M 15 3,500
3,500 2,500
3,000 2,000
2,500 1,500
Agent Name 8 7
0
3,000
5 1
Title Phone Website Other
2 0 0 1 0 1 1 2 0
Number of Properties Sold
Number of Properties Sold
Median Sales Price and Average Sales Price
J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
1 2 2 1 0 2 0
F M A M J
J
A
S O N D
J
18
Median Sales Price and Average Sales Price
1 1 0 2 2 4 7 3 3 0 0 0 3 1
3 Mo Avg
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
4 3 7
3 Mo Avg F M A
3 Mo Avg
0 5 1 2 0 0 1 0 1 1 2 0 1 2 2 1 0 2 0 1 1 0 2 2 4 7 3 3 0 0 0 3 1 4 3 7
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
15
16
17
18
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of April was 25 , up 4.2 % from 24 last month and down 16.7 % from 30 in
1,000
35
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
35.0
April of last year . April 2018 Inventory was at a mid level
30
30.0
Inventory compared with & MSI April of 2017 and 2016 .
The Total Inventory of Properties available for sale as of April was 25 , up 4.2 % from 24 last month and down 16.7 % from 30 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 higher MSI is better for buyers . The April 2018 MSI of 3.6 months was at its lowest level compared with April of 2017 and
25
35
20
30
15
25
10
205
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2016 .
150
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2018 MSI of 3.6 months was at its lowest level compared with April of 2017 and 2016 .
10
5
0
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 M J
17
J
A S O N D J
F M A
18
10.0
5.0
0.0
M
J
J
A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
16
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS
J
A S O N D J
F M A M J
17 Naples Area Board of REALTORS , REALTORS
J Association
A S O N D J
F M A
18 of the Palm Beaches , Space
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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15 15
12 12
16 16
13
13 15 15
15 15
14 14
17 17
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18 18
23 23
21 21
19 19
18 18
25
25 31 31
31 31
28 28
31 31
30 30
28 28
30 30
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20 20
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25 25
27 27
28 28
27 27
25
25 24 24
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