FL ARCHIVED February 2016 | Page 23

Market Action Report

Belleair

City: Belleair

Agent Name

Market Action Report

City: Belleair

February 2016
February 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$499,000
-17%
28%

Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
$875,344 Trending
-9% versus*:
-2%
L3M 31%
PYM 29%
LY 15% YTD
Prior YTD 36%
Prior Year 15%
-45%
$323,750
$499,000 -17%
28%
$579,515 -21% 26% 66% 39%
$646,028
129%
55%
$875,344 -9%
-2%
93 15%
2%
$323,750 -45% 31% 29% 15%
$323,750
36%
15%
10 25%
11%
18
0%
$579,515 -21% 26% 66% 39%
$646,028
129%
55%
90
11%
-27%
93 103
15% 37% -31%
2% 20% -17%
$160
-18%
-17%
5%
-22%
$172
-7%
-16%
10 25%
11%
18
0%
$200
-17%
19%
25%
21%
$218
56%
103 37% -31% 20% -17%
90
11%
-27% 31%
9.3
-8%
-3%
-8%
11%
9.7
-2%
$160 -18% -17% 5% -22%
$172
-7%
-16% 16%
3%
$20089.1%
-17%####
19% ####
25% ####
21% -1.6% $218 92.8%
56% -1%31%

Average List Price of all Current Listings

Month
LM
$323,750

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)

9.3 -8% -3% -8% 11%
9.7
-2%
16%
89.1% #### #### #### -1.6%
-1% Sold 3%
Number of92.8%
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

30

February Property sales were 10, up 11.1% from 9 in February of
2015 and 25.0% higher than the 8 sales last month. February
Property Sales
2016 sales were at their highest level compared to February of 30
February Property sales were 10, up 11.1% from 9 in February of
2015 and 2014. February YTD sales of 18 are running equal to
2015 and 25.0% higher than the 8 sales last month. February
25
last sales
year'swere
year-to-date
sales of
18.compared to February of
2016
at their highest
level

Prices

The Median Sales Price in February was $323,750, up 29.2%
Prices
from $250,500 in February of 2015 and down 44.7% from
The
Medianlast
Sales
Price inThe
February
was
$323,750,
upFebruary
29.2% was
$585,450
month.
Average
Sales
Price in
800
from $250,500 in February of 2015 and down 44.7% from
$579,515, up 66.4% from $348,222 in February of 2015 and
700
$585,450 last month. The Average Sales Price in February was
down 20.5% from $729,170 last month. February 2016 ASP was
$579,515, up 66.4% from $348,222 in February of 2015 and
600
at a mid range compared to February of 2015 and 2014.

10

8

9

24

9

20

14

14

6

13

11

14

9

10

9

10

12

10

9

14

11

13

15

11

10

7

6

9

6

0

13

5

7

5
19

10

11

10

14

15

9

15

11

20

10

8

9

9

24

20

14

6

14

13

11

14

9

9

10

10

12

10

9

14

11

13

15

11

10

7

6

9

6

13

7

19

11

14

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
9

0

down 20.5% from $729,170 last month. February 2016 ASP was
at a mid range compared to February of 2015 and 2014.

3 Mo Avg

20

11

2015 and 2014. February YTD sales of 18 are running equal to
last year's year-to-date sales of 18.

Number of Properties Sold

25

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

800

Median Sales Price and Average Sales Price

700

3 Mo Avg

600
500

500 400
400 300
300 200

200 100
100
0

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

Inventory & MSI

80
60

A comparatively lower MSI is more beneficial for sellers while a40
A comparatively lower MSI is more beneficial for sellers while a
higherMSI
MSI
better
buyers.
February
2016
of 9.3
higher
is is
better
forfor
buyers.
TheThe
February
2016
MSIMSI
of 9.3
monthswas
was
lowest
level
compared
February
of 2015 20
months
atat
itsits
lowest
level
compared
withwith
February
of 2015
and2014.
2014.
0
and

Copyright
© Coldwell
Banker
| Price
Range:
All |All
Property
Types:
SFH -SFH
Con - Con
Copyright
© Coldwell
Banker
| Price
Range:
| Property
Types:

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

90
97
90
98
91 97
85
98
83 91
77 85
8283
7793
82 99
99
93
100
99
101
99
99
100
101
101
95
99
93
97101
91 95
86 93
96 97
9191
8786
91 96
103
91
97
87
97
91
100103
9897
89
97
81
100
92
98
88
89
85
81
81
92
93

Inventory
& MSI of Properties available for sale as of
The Total Inventory
120
The
Total Inventory
of Properties
available
sale and
as ofup 2.2%
February
was 93, up
14.8% from
81 last for
month
120
February
93, up 14.8%
from
81 last
month2016
and up
2.2%
from 91 was
in February
of last
year.
February
Inventory
was
100
from
in level
February
of last with
year. February
February of
2016
Inventory
was
100
at a 91
mid
compared
2015
and 2014.
at a mid level compared with February of 2015 and 2014.
80

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

88
85
81
93

0

60
40

20
0

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

D AJ MF M
M AM
M AJ M
J AJ SJ OA NS DO JN FDMJ A FMMJ AJ MA JS JO AN SD OJ N
F M
J JA AM S J O J