FL ARCHIVED February 2016 | Page 28
Market Action Report
City: Clearwater Beach
Clearwater Beach
February 2016
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
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 February was 109, down 21.0%
from 138 days last month and up 16.0% from 94 days in
February of last year. The February 2016 DOM was at a mid
level compared with February of 2015 and 2014.
3 Mo Avg
180
160
140
115
120
109
94
100
80
60
40
20
0
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Selling Price per Square Foot
Selling Price per Square Foot
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 February 2016 Selling Price per Square Foot of $360 was up
9.9% from $328 last month and up 23.3% from 292 in February
of last year.
3 Mo Avg
390
360
370
350
330
310
292
282
290
270
250
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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 February 2016 Selling Price vs Original
List Price of 91.3% was down from 92.5% last month and down
from 93.5% in February of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
95%
93.5%
94%
93%
92.1%
92%
91.3%
91%
90%
89%
88%
87%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
400
343
308
286
276
266
275
262
274
281
266
297
292
314
287
298
293
283
281
276
295
277
324
316
323
313
313
282
292
281
286
290
268
200
297
250
293
300
336
350
319
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 February 2016 was 74, down 9.8% from 82 last month and up
29.8% from 57 in February of last year.
150
100
50
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
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Copyright © Coldwell Banker | Price Range: All | 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
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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