Market Action Report July 2017

PINELLAS County : Pinellas COUNTY

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	$ 1,550,000	0 %		-2%
Average List Price of all Current Listings	$ 2,031,070	3 %		5 %
July Median Sales Price	$ 1,287,000	-2%	-5%	-4%	-1%	$ 1,350,000	2 %	4 %
July Average Sales Price	$ 1,560,340	-2%	-5% -10%		-5%	$ 1,632,021	-2%	-1%
Total Properties Currently for Sale ( Inventory )	463	-3%	6 %
July Number of Properties Sold	40 -40%			33 %		290	32 %
July Average Days on Market ( Solds )	157	21 %	11 %	-3%	17 %	138	7 %	3 %
Asking Price per Square Foot ( based on New Listings )	$ 464	-3%	-8%	-3%	0 %	$ 489	7 %	6 %
July Sold Price per Square Foot	$ 440	-0%	-1%	-7%	1 %	$ 457	5 %	5 %
July Month ' s Supply of Inventory	11.6	62 %	21 % -21% -27%			12.9	-12%	-19%
July Sale Price vs List Price Ratio	93.2 % 3.2 % 3.1 % 3.2 % 2.8 %					91.1 %	0 %	0 %

* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Property Sales July Property sales were 40 , up 33.3 % from 30 in July of 2016 and 40.3 % lower than the 67 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . Property July YTD sales Sales of 290 are running 32.4 % ahead of last year ' s July year-to-date Property sales of were 21940 . , up 33.3 % from 30 in July of 2016 and 40.3 % lower than the 67 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 290 are running 32.4 % ahead of last year ' s year-to-date sales of 219 .

60 80 50 70 40 60 30 50 20 40 10 30 0 20

1,200

Number of Properties Sold

22 17 30 16 31 21 20 28 27 31 35 26 17 27 26 19 22 25 29 31 35 22 47 30 31 32 23 24 22 30 36 33 35 49 67 40

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
15				16				17

Median Sales Price and Average Sales Price

3 Mo Avg F M A M J J

, Coast Association of REAL Inventory & MSI The Total Inventory of Properties available for sale as of July was 463 , down 3.3 % from 479 last month and up 5.9 % from 437	1,100 600	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 M J J 14 15 16 17 30.0
in July of last year . July 2017 Inventory was at its highest level Inventory compared with & MSI July of 2016 and 2015 . The Total Inventory of Properties available for sale as of July was 463 , down 3.3 % from 479 last month and up 5.9 % from 437 in July of last year . July 2017 Inventory was at its highest level compared A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a	500 400 600 300 500 200		Total Inventory & Month ' s Supply of Inventory ( MSI )							25.0 20.0 30.0 15.0 25.0 10.0
higher MSI is better for buyers . The July 2017 MSI of 11.6 months was at its lowest level compared with July of 2016 and 2015 .	400 100 300 0									20.0 5.0 15.0 0.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 11.6 months was at its lowest level compared with July of 2016 and 2015 .	200 100 0	A 14	S O N D J 15	F M A M J	J A S O N D J 16	F M A M J	J A S O N D J 17	F M A M J	J	10.0 5.0 0.0
A S O N D J F M A 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 14 15 16 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							J A S O N D J F M A M J 17 REALTORS Association of the Palm Beaches ,		J 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 .

377 17 382

30 384

Agent Name

Title Phone Website Other

Prices	0
The Median Sales Price in July was $ 1,287,000 , down 4.1 % from $ 1,342,500 in July of 2016 and down 1.9 % from $ 1,312,500 last month . The Average Sales Price in July was $ 1,560,340 , down	2,000A S O N D 14 1,900
Prices 10.4 % from $ 1,740,885 in July of 2016 and down 2.2 % from	1,800
The $ 1,594,930 Median Sales last month Price . in July July 2017 was ASP $ 1,287,000 was at a , down mid range 4.1 % from $ compared 1,342,500 to in July of 2016 and and 2015 down . 1.9 % from $ 1,312,500 last month . The Average Sales Price in July was $ 1,560,340 , down 10.4 % from $ 1,740,885 in July of 2016 and down 2.2 % from	2,000 1,700 1,900 1,600 1,800 1,500
$ 1,594,930 last month . July 2017 ASP was at a mid range	1,700 1,400
compared to July of 2016 and 2015 .	1,600 1,300
1,500 1,200
1,400 1,100
1,300		A S O N D 14

80 70

16 397

31 392

21 396

20 398

28 396

Median Sales Price and Average Sales Price

401 31 391

397 26

389

Number of Properties Sold

363 356

27 416

26 422

19 403

22 411

25 428

29 438

31 455

35 435

22 442

47 437

30 433

31 438

32 459

23 471

24 475

506 30

532 36

507 504

33 483

35 479

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
14		15				16				17

377 382 384 397 392 396

3 Mo Avg

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
15				16				17

398 396 401 391 397 389 363 356 416 422 403 411 428 438 455 435 442 437 433 438 459 471 475 506 532 507 504 483 479

3 Mo Avg

Coldwell Banker Global Luxury SM | 13

463

463 67 40

FL ARCHIVED July 2017 | Page 13

PINELLAS County : Pinellas COUNTY