FL ARCHIVED July 2017 | Page 23

Market Action Report July 2017

ST City :. St PETERSBURG

Petersburg

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
$ 1,524,500
2 %
-8%
Average List Price of all Current Listings
$ 1,828,773
0 %
-4%
July Median Sales Price
$ 1,390,000
-23%
3 %
7 %
7 %
$ 1,300,000
-1%
0 %
July Average Sales Price
$ 1,771,732
-14%
3 %
42 %
4 %
$ 1,630,289
-3%
-4%
Total Properties Currently for Sale ( Inventory )
114
-3%
46 %
July Number of Properties Sold
18
29 %
500 %
93
94 %
July Average Days on Market ( Solds )
84 -12% -10%
2 %
-18%
90
-20%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 524
9 %
9 %
16 %
15 %
$ 490
11 %
8 %
July Sold Price per Square Foot
$ 469
-13%
3 %
50 %
7 %
$ 471
11 %
8 %
July Month ' s Supply of Inventory
6.3 -24% -27% -76% -55%
10.2
-37%
-28%
July Sale Price vs List Price Ratio
91.6 %
. 5 %
1.0 %
. 8 %
-. 4 %
93.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
25
July Property sales were 18 , up 500.0 % from 3 in July of 2016
and 28.6 % higher than the 14 sales last month . July 2017 sales
were at their highest level compared to July of 2016 and 2015 .
Property
July YTD sales Sales of 93 are running 93.8 % ahead of last year ' s yearto-date Property sales of sales 48 . were 18 , up 500.0 % from 3 in July of 2016
July and 28.6 % higher than the 14 sales last month . July 2017 sales
20
25
15
were at their highest level compared to July of 2016 and 2015 .
20
July YTD sales of 93 are running 93.8 % ahead of last year ' s yearto-date
10
sales of 48 .
15
Prices The Median Sales Price in July was $ 1,390,000 , up 6.9 % from $ 1,300,000 in July of 2016 and down 22.6 % from $ 1,795,000 last month . The Average Sales Price in July was $ 1,771,732 , up
Prices 41.5 % from $ 1,251,933 in July of 2016 and down 14.3 % from The $ 2,067,500 Median Sales last month Price in . July 2017 was $ ASP 1,390,000 was at the , up highest 6.9 % from level $ compared 1,300,000 to in July of of 2016 and and 2015 down . 22.6 % from $ 1,795,000 last month . The Average Sales Price in July was $ 1,771,732 , up 41.5 % from $ 1,251,933 in July of 2016 and down 14.3 % from $ 2,067,500 last month . July 2017 ASP was at the highest level compared to July of 2016 and 2015 .
5 10 0 5
6 6 11 11 5 3 5
Number of Properties Sold
0
Median Sales Price and Average Sales Price
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
15
16
17
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
2,500
6
3,000 2,000
2,500
1,500
6 11
Agent Name
Title Phone Website Other
11 5 3 5 10 10 10 10 9
Number of Properties Sold
4 9 6 7 8 9 7 4 8 3
10 10 10 10 9 4 9 6 7 8 9 7 4 8 3
14
14 3 17 10 9 5
3 17 10 9 5
10 10
8
8 21 12 10
3 Mo Avg
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
10 14 18
21 12 10 10 14 18
J
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 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of July
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 was 114 , down 2.6 % from 117 last month and up 46.2 % from 78 140 14
15 16
17 30.0 in July of last year . July 2017 Inventory was at its highest level 120 25.0
Inventory compared with & MSI July of 2016 and 2015 . 100
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of July 20.0 was 114 , down 2.6 % from 117 last month and up 46.2 % from 78 140 80
30.0 15.0 in July of last year . July 2017 Inventory was at its highest level 120 60 25.0 compared A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a 10.0
100 40 higher MSI is better for buyers . The July 2017 MSI of 6.3
20.0 months was at its lowest level compared with July of 2016 and 80 20
5.0 15.0
2015 . 600
0.0
A comparatively lower MSI is more beneficial for sellers while a 10.0
40 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 higher MSI is better for buyers . The July 2017 MSI of 6.3 14 15
16 17
5.0 months was at its lowest level compared with July of 2016 and
20
2015 . 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14 15 16
17 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 REAL
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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71 71
64 64
71 71
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64 64
59
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Coldwell Banker Global Luxury SM | 23
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