FL ARCHIVED July 2017 | Page 21

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
$ 2,200,000
1 %
62 %
Average List Price of all Current Listings
$ 2,428,524
1 %
50 %
July Median Sales Price
$ 1,125,000
-13% -16% -25%
-8%
$ 1,295,000
7 %
6 %
July Average Sales Price
$ 1,218,175
-38% -26% -19% -25%
$ 1,609,396
-10%
-1%
Total Properties Currently for Sale ( Inventory )
21
-5%
11 %
July Number of Properties Sold
3 -57%
50 %
19
111 %
July Average Days on Market ( Solds )
284
274 % 95 %
1 %
107 %
131
-11%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 487
10 % -22% 57 %
-14%
$ 613
18 %
8 %
July Sold Price per Square Foot
$ 384
-29% -20% -26% -19%
$ 484
-3%
1 %
July Month ' s Supply of Inventory
7.0 123 % 30 % -26% -57%
12.7
-9%
-21%
July Sale Price vs List Price Ratio
87.6 % -1.1% -. 3 % -2.7% -4.8%
87.8 %
-5%
-5%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name
Title Phone Website Other
3 Mo Avg
8
Property Sales July Property sales were 3 , up 50.0 % from 2 in July of 2016 and 57.1 % lower than the 7 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 19 are running 111.1 % ahead of last year ' s year-to-date sales of 9 .
Prices The Median Sales Price in July was $ 1,125,000 , down 25.5 % from $ 1,510,000 in July of 2016 and down 13.1 % from $ 1,295,000 last month . The Average Sales Price in July was $ 1,218,175 , down 19.3 % from $ 1,510,000 in July of 2016 and down 37.8 % from $ 1,957,143 last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .
7 6 8 5 7 4 6 3 5 2 4 1 3 0 2
1
0
Number of Properties Sold
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
14
3,500
15
16
17
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
3,500 2,500
3,000 2,000
2,500 1,500
0 1 0 3 1 0 1 1 0 4 1 2 0 0 1 0 1 1 2 0 1 2 2 1 0 2 0 1 1 0 2 2
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
4 7 3
J
0 0 1 0 3 1 0 1 1 0 4 1 2 0 0 1 0 1 1 2 0 1 2 2 1 0 2 0 1 1 0 2 2 4 7 3
2,000 1,000 1,500
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
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 21 , down 4.5 % from 22 last month and up 10.5 % from 19 in July of last year . July 2017 Inventory was at its highest level compared with July of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 7.0 months was at its lowest level compared with July of 2016 and 2015 .
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
35
14
15
16
17
35.0
30
30.0
25
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
35
20
20.0
35.0
30
15
15.0
30.0
25
10
10.0
25.0
205
5.0
20.0
150
0.0
15.0
10
5
A
S O N D J
F M A M J
14
15
J
A S O N D J
F M A M J
16
J
A S O N D J
F M A M J
17
J
10.0
5.0
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
J
A S O N D J
F M A M J
J
14
15
16
17
20 20
20 20
21 21
19 19
20 20
19 19
16 16
15
15 17 17
17 17
16 16
15 15
12 12
16 16
13
13 15 15
15 15
14 14
17 17
19 19
18 18
23 23
21 21
19 19
18 18
25
25 31 31
31 31
28 28
31 31
30 30
28 28
30 30
24 24
22 22
21
21
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