FL ARCHIVED July 2016 | Page 25

St . Pete Beach Community Information | School District

St . Pete Beach Community Information | School District

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
$ 1,337,500
-3%
-23%
Average List Price of all Current Listings
$ 1,616,495
-0%
-28%
July Median Sales Price
$ 1,510,000
-60% -11% 36 %
36 %
$ 1,215,000
10 %
9 %
July Average Sales Price
$ 1,510,000
-60% -35% 36 %
12 %
$ 1,786,111
38 %
33 %
Total Properties Currently for Sale ( Inventory )
22
-4%
57 %
July Number of Properties Sold
2
0 %
100 %
9
13 %
July Average Days on Market ( Solds )
282
100 % 67 % 143 %
89 %
147
11 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 320
-61% -40% -34% -44%
$ 550
-2%
-3%
July Sold Price per Square Foot
$ 523
-16% -14% 20 %
11 %
$ 499
3 %
6 %
July Month ' s Supply of Inventory
11.0
-4%
-31% -21% -10%
14.7
12 %
20 %
July Sale Price vs List Price Ratio
90.0 % -1.0% -2.5% 5.3 %
1.8 %
92.8 %
2 %
5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , up 100.0 % from 1 in July of 2015 and the same as the 2 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 9 are running 12.5 % ahead of last year ' s year-to-date sales of 8 .
Prices The Median Sales Price in July was $ 1,510,000 , up 36.0 % from $ 1,110,000 in July of 2015 and down 59.7 % from $ 3,750,000 last month . The Average Sales Price in July was $ 1,510,000 , up 36.0 % from $ 1,110,000 in July of 2015 and down 59.7 % from $ 3,750,000 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
Number of Properties Sold
5 4 4 3 3 2 2 1 1 0
3 Mo Avg 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 M J J 13
14 15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3,500 3,000 2,500
3 Mo Avg
0 1 0 0 0 2 0 1 1 1 1 1 0 0 1 0 3 1 0 1 1 0 4 1 2 0 0 1 0 1 1 2 0 1 2 2
2,000 1,500
Inventory & MSI The Total Inventory of Properties available for sale as of July was 22 , down 4.3 % from 23 last month and up 57.1 % from 14 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 11.0 months was at its lowest level compared with July of 2015 and 2014 .
1,000 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 M J J
30 13 14
15 16
30.0
25
20 30 15 25 10 20 5 15 0 10
5 0
14 14
13
13 12 12
12 12
15
15
A S O N D 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
17 17
J 14
18 18
23 23
22
22 18 18
18 18
20
20 19 19
19 19
20 20
18 18
19 19
18 18
F M A M J
J
A
S O N D
J
15
15
14 16 16 15 14
11 15
12 14 14 14
17 19 19
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 M J
13
14
15
16
15
14 16 16 15 14
11 15
12 14 14 14
17 19 19
25 25
23 23
22
F M A M J
J
A
S O N D
J
F M A M J
J
16
22
J
25.0 20.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0
15.0 10.0
5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 25