Market Action Report
County: Pinellas
Pinellas County
Agent Name
Market Action Report
County: Pinellas
February 2016
February 2016
Title
Phone
Agent
Name
Website
TitleOther
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Website
Month
Other
$244,900
Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
4%
32%
Trending versus*:
$413,312 Trending
0% versus*:
21%
Month
LM -3%
L3M -1%
PYM 18%
LY
Prior YTD 20%
Prior Year
$164,900
2% YTD
$168,000
$244,900 4%
32%
$231,885 -1% 1% 19% 4%
$233,058
16%
$413,312 0%
21%
6595 11%
-4%
$164,900 -3% -1% 18% 2%
$168,000
20%
4%
1539 24%
2%
2785
2%
$231,885 -1% 1% 19% 4%
$233,058
16%
4%
68 1% 5%
67 -13%
6595 11%
-4% -9% -1%
1539$173
24% 2% 2%
2% 12% 9%
2785 $171
2% 12%
$142
0%
0%
14%
4%
$142
68 1% 5% -9% -1%
67 -13% 13%-3%
4.3
-10%
6%
-5%
18%
4.5
$173 2% 2% 12% 9%
$171
12% -12%8%
1% 4%
$14293.4%
0% .0%
0% -.2%
14% 1.6%
4% .0% $142 93.4%
13%
Average List Price of all Current Listings
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median List Price of all Current Listings
February Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
February Median Sales Price
February Number of Properties Sold
February Average Sales Price
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price
per of
Square
Foot Sold
(based on New Listings)
February
Number
Properties
FebruaryAverage
Sold Price
February
Daysper
on Square
Market Foot
(Solds)
February
Month's
Supply
Inventory
Asking
Price
per Square
Footof(based
on New Listings)
FebruarySold
SalePrice
Price
vsSquare
List Price
February
per
FootRatio
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
4%
4%
-3%
8%
4%
25%
0%
4.3 -10% 6% -5% 18%
4.5 -12%
25%
93.4% .0% -.2% 1.6% Number
.0%
1% Sold 0%
of93.4%
Properties
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property Sales
2,500
February Property sales were 1,539, up 1.5% from 1,516 in
February of 2015 and 23.5% higher than the 1,246 sales last
Property Sales
2,5002,000
month. February 2016 sales were at their highest level
February Property sales were 1,539, up 1.5% from 1,516 in
compared to February of 2015 and 2014. February YTD sales of
February of 2015 and 23.5% higher than the 1,246 sales last
2,785 are
running
2.2%
ahead
year's
year-to-date
sales of
2,0001,500
month.
February
2016
sales
wereof
atlast
their
highest
level
2,725. to February of 2015 and 2014. February YTD sales of
compared
1,539
1,246
1,833
1,376
1,765
1,782
2,010
1,739
1,539
1,246
1,833
1,376
2,095
1,739
1,765
2,010 1,991
1,782 1,916
1,916 1,516
2,095 1,923
1,923 1,753
1,991 1,209
1,516 1,324
1,209 1,667
1,753 1,543
1,324 1,615
1,667 1,637
1,741
1,659
1,532
1,543 1,679
1,615
1,637
1,679
1,068
1,309
1,197
1,207
1,741
1,659
1,532
1,207
1,309 1,321
1,068
1,321 1,592
1,197 1,441
1,592 1,528
1,441 1,620
1,595
0
0
1,620 1,732
500
1,528 1,671
500
1,732 1,595
1,000
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 M J J A S O N D J F
13
14
15
16
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 M J J A S O N D J F
Median
Sales Price and Average
Sales Price
13
14
15
16
3 Mo Avg
Prices
The Median Sales Price in February was $164,900, up 17.8%
Prices
from $140,000 in February of 2015 and down 3.0% from
240
The
Medianlast
Sales
Price inThe
February
wasSales
$164,900,
upFebruary
17.8% was
$170,000
month.
Average
Price in
from $140,000 in February of 2015 and down 3.0% from
220
240
$231,885, up 18.5% from $195,642 in February of 2015 and
$170,000 last month. The Average Sales Price in February was
down 1.1% from $234,506 last month. February 2016 ASP was220 200
$231,885, up 18.5% from $195,642 in February of 2015 and
at the highest level compared to February of 2015 and 2014.
down 1.1% from $234,506 last month. February 2016 ASP was
200 180
at the highest level compared to February of 2015 and 2014.
3 Mo Avg
1,5001,000
1,671
2,785 are running 2.2% ahead of last year's year-to-date sales of
2,725.
Number of Properties Sold
Median Sales Price and Average Sales Price
3 Mo Avg
180 160
160 140
140 120
120 100
100
Inventory & MSI
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 M J J A S O N D J F
16
M A 13
M J J A S O N D J F M14A M J J A S O N D J F M 15
A M J J A S O N D J F
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
5,829
5,645
5,956
6,595
6,803
6,639
6,803
6,431
6,372
6,639
6,410
6,431
6,560
6,372
6,790
6,410
7,149
6,560
7,326
6,790
7,321
7,149
7,591
7,326
7,675
7,321
7,467
7,591
7,404
7,675
7,238
7,467
7,050
7,404
6,964
7,238
6,942
7,050
6,903
6,964
7,051
6,942
7,042
6,903
6,900
6,974
7,051
6,872
7,042
6,744
6,900
6,504
6,974
6,394
6,872
6,1776,744
5,993
6,504
5,788
6,394
5,627
6,177
5,812
5,993
5,829
5,788
5,645
5,627
5,956
5,812
6,595
Inventory
& MSI of Properties available for sale as of
The Total Inventory
9,000
The
Total Inventory
of Properties
available
forlast
salemonth
as of and down
February
was 6,595,
up 10.7% from
5,956
9,0008,000
February
was6,872
6,595,inup
10.7% from
5,956
last February
month and2016
down
4.0% from
February
of last
year.
8,000
4.0%
from 6,872
inits
February
lastcompared
year. February
2016
Inventory
was at
lowest of
level
with February
of 7,0007,000
Inventory was at its lowest level compared with February of
6,000
2015 and 2014.
6,000
2015 and 2014.
5,000
5,000
4,000
4,000
A comparatively lower MSI is more beneficial for sellers while 3,000
a 3,000
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
February
2016
of 4.32,0002,000
higher
is is
better
forfor
buyers.
TheThe
F