Market Action Report March 2017
Community Information | School District
Market Action Report March 2017
City : St Pete Beach
Price Range : All | 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 |
$ 499,000 |
0 % |
|
22 % |
|
|
|
|
Average List Price of all Current Listings |
$ 806,497 |
4 % |
|
29 % |
|
|
|
|
March Median Sales Price |
$ 330,000 |
1 % |
0 % |
16 % |
-4% |
$ 330,000 |
3 % |
-4% |
March Average Sales Price |
$ 429,198 |
17 % |
1 % |
18 % |
0 % |
$ 415,688 |
3 % |
-3% |
Total Properties Currently for Sale ( Inventory ) |
162 |
-2% |
|
-3% |
|
|
|
|
March Number of Properties Sold |
40 |
67 % |
|
5 % |
|
85 |
-1% |
|
March Average Days on Market ( Solds ) |
52 -27% -36% -2% |
-37% |
75 |
25 % |
-10% |
Asking Price per Square Foot ( based on New Listings ) |
$ 367 |
13 % |
5 % |
18 % |
6 % |
$ 347 |
2 % |
1 % |
March Sold Price per Square Foot |
$ 326 |
9 % |
7 % |
7 % |
7 % |
$ 310 |
1 % |
2 % |
March Month ' s Supply of Inventory |
4.1 -41% -35% -8% |
-20% |
6.3 |
6 % |
24 % |
March Sale Price vs List Price Ratio |
93.8 %
2.5 % 1.6 %
|
. 1 % |
. 2 % |
92.7 % |
-0% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales March Property sales were 40 , up 5.3 % from 38 in March of 2016 and 66.7 % higher than the 24 sales last month . March Property 2017 sales Sales were at their highest level compared to March of 2016 50
March and 2015 Property . March sales YTD were sales 40 , up of 85 5.3 are % from running 38 in 1.2 March % behind of last 45 2016 year and ' s year-to-date
66.7 % higher sales than of the 86 24 . sales last month . March 2017 sales were at their highest level compared to March of 2016 40 and 2015 . March YTD sales of 85 are running 1.2 % behind last 35 year ' s year-to-date sales of 86 . 30
25 |
15 |
20 |
10 |
15 |
5 |
10 |
0 |
5 |
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 M |
0 |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
A
M J
Prices
14
The Median Sales Price in March was $ 330,000 , up 15.8 % from
Prices
600
$ 285,000 in March of 2016 and up 0.8 % from $ 327,450 last
The month Median . The Sales Average Price Sales in March Price was in $ March 330,000 was , up $ 429,198 15.8 % from , up
550
600
$
17.6 285,000 % from in March $ 364,866 of 2016 in March and up of 0.8 2016 % from and $ up 327,450 17.3 % last from
500 month
$ 365,746 . The last Average month Sales . March Price 2017 in March ASP was was $ at 429,198 the highest , up level
550
17.6 compared % from $ to 364,866 March in of March 2016 and of 2016 2015 and . up 17.3 % from
500
450
$ 365,746 last month . March 2017 ASP was at the highest level compared to March of 2016 and 2015 .
450
400
|
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 M
Median Sales Price and Average Sales Price
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
400 |
350 |
350 300
300 250
250 200
A
14
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 162 , Inventory down 1.8 % of from Properties 165 last available month for and sale down as of 3.0 March % from 200 was 167162 in , March down 1.8 of % last from year 165 . March last month 2017 and Inventory down 3.0 was % from at a mid
200
167 level in March compared of last with year March . March of 2016 2017 Inventory and 2015 . was at a mid 150 level compared with March of 2016 and 2015 .
150
St . Pete Agent Beach
Name
Title Phone Website Other
Community Information | School District
100
100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
March for 2017 sellers MSI while of 4.1 a 50 higher MSI is better for buyers . The March 2017 MSI of 4.1
50 months was at its lowest level compared with March of 2016 and months was at its lowest level compared with March of 2016 and 2015 .
0 2015 .
0
A M J J A S O N D J F M A M J
A M J J A S O N D J F M A M J 14
14 15
15
200
50 45 40 35 30 25 20
Number of Properties Sold
18 35 23 26 29 29 28 29 35 19 23 32 47 36 28 32 25 33 21 23 31 21 27 38 39 40 39 36 37 18 21 22 31 21 24 40
173
164 18
146 35
134 23 26 29 29 28 29 35
F M15A M J |
J |
A S O N D |
J |
F M
16 A M J
|
J |
A S O N D |
J |
|
|
|
16 |
|
|
|
17 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
135 146
126 134
128 135
131 126
138 128 131
150 149 138
19
148
145 23 32
Number of Properties Sold
47 36 28 32 25 33 21
149 140
148 135
145 134
140
127 135
135
128 134
131 127
134 135
128 150
131 168
134 167
151 150 155 148
120
113 131 136 120 151
145 131
166
136 165 151 162 145
12.0 10.0
0.0 J A S O N D J F M A M J J A S O N D J F M F M A M J J A S O N D J F M
16 17
17
J A S O N D J
16
23 31 21 27 38 39 40 39 36 37 18
3 Mo Avg
|
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 M |
|
|
|
|
|
|
|
|
|
|
F M |
17 |
|
173 164
150
168
167 151 155 148
113
21 22
166
31
8.0 6.0 4.0 2.0
165
3 Mo Avg
21
162 24 40
12.0 10.0
8.0 6.0 4.0 2.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | 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 Asso 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 31