Market Action Report March 2018
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 |
$ 1,500,000 |
0 % |
|
-4% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,973,375 |
1 % |
|
1 % |
|
|
|
|
March Median Sales Price |
$ 1,296,700 |
-7% |
-5% |
-7% |
-5% |
$ 1,365,000 |
4 % |
0 % |
March Average Sales Price |
$ 1,694,352 |
-1% |
3 % |
1 % |
5 % |
$ 1,662,598 |
3 % |
3 % |
Total Properties Currently for Sale ( Inventory ) |
482 |
1 % |
|
-5% |
|
|
|
|
March Number of Properties Sold |
52 |
68 % |
|
58 % |
|
115 |
16 % |
|
March Average Days on Market ( Solds ) |
163 |
30 % |
2 % |
17 % |
7 % |
156 |
17 % |
2 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 471 |
-5% |
-1% |
4 % |
-3% |
$ 476 |
1 % |
-2% |
March Sold Price per Square Foot |
$ 427 |
-3% |
-5% |
-1% |
-6% |
$ 443 |
-8% |
-2% |
March Month ' s Supply of Inventory |
9.3 -40% -30% -40% -35% |
13.2 |
-16% |
-8% |
March Sale Price vs List Price Ratio |
91.1 %
4.1 % 1.7 % 1.3 %
|
. 1 % |
89.7 % |
-3% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales March Property sales were 52 , up 57.6 % from 33 in March of 2017 and 67.7 % higher than the 31 sales last month . March 2018 sales were at their highest level compared to March of Property 2017 and 2016 Sales . March YTD sales of 115 are running 16.2 % March ahead Property of last year sales ' s year-to-date were 52 , up sales 57.6 % of from 99 . 33 in March of 2017 and 67.7 % higher than the 31 sales last month . March 2018 sales were at their highest level compared to March of 2017 and 2016 . March YTD sales of 115 are running 16.2 % ahead of last year ' s year-to-date sales of 99 .
Prices The Median Sales Price in March was $ 1,296,700 , down 7.4 % from $ 1,400,000 in March of 2017 and down 7.4 % from $ 1,400,000 last month . The Average Sales Price in March was
Prices $ 1,694,352 , up 0.7 % from $ 1,681,963 in March of 2017 and The down Median 0.9 % Sales from $ Price 1,708,919 in March last was month $ 1,296,700 . March 2018 , down ASP 7.4 was % from at the $ 1,400,000 highest level in compared March of 2017 to March and down of 2017 7.4 and % from 2016 . $ 1,400,000 last month . The Average Sales Price in March was $ 1,694,352 , up 0.7 % from $ 1,681,963 in March of 2017 and down 0.9 % from $ 1,708,919 last month . March 2018 ASP was at the highest level compared to March of 2017 and 2016 .
60 80 50 70 40 60 30 50 20 40 10 30 0 20
Inventory & MSI |
1,100 |
The Total Inventory of Properties available for sale as of March |
was 482 , up 0.8 % from 478 last month and down 5.1 % from 508 |
600 |
|
in March of last year . March 2018 Inventory was at a mid level
Inventory compared with & MSI March of 2017 and 2016 .
|
500 |
The Total Inventory of Properties available for sale as of March |
400 |
|
was 482 , up 0.8 % from 478 last month and down 5.1 % from 508 in March of last year . March 2018 Inventory was at a mid level compared
A comparatively with March lower of MSI 2017 is and more 2016 beneficial . for sellers while a
|
600
300
500
200
|
|
higher MSI is better for buyers . The March 2018 MSI of 9.3
400
100 months was at its lowest level compared with March of 2017 and
300
2016 .
0
|
A comparatively lower MSI is more beneficial for sellers while a |
200 |
higher MSI is better for buyers . The March 2018 MSI of 9.3 months was at its lowest level compared with March of 2017 and |
100 |
2016 . |
0 |
10
0 2,000A
15 1,900
2,000 1,700
1,900 1,600
1,800 1,500
1,700 1,400
1,600 1,300
1,500 1,200
1,400 1,100
1,300 1,200
Number of Properties Sold
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 33 30 29 20 30 32 31 52
402
M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
J |
|
|
|
16 |
|
|
|
17 |
A 15
392
398
Agent Name
Title Phone 80 70
1,800
27 31 35
Website Other
26 390
17 364
27
F M A M J |
J |
A S O N D |
J |
|
|
|
18 |
Median Sales Price and Average Sales Price
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
F M A M J |
J |
A S O N D |
J 17 |
F M A M J |
J |
A S O N D |
J |
|
|
|
18 |
Total Inventory & Month ' s Supply of Inventory ( MSI )
357 417 423 404 412 429 439
Number of Properties Sold
Median Sales Price and Average Sales Price
456 436 443 438 435 440 462 475 479 509 534 508 503 478 474 455 433 430 446 472 469 475
3 Mo Avg F M
0.0 ORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 .
26 19 22 25 29 31 35 22 47 30 31 32 23 24 22 30 36 33 35 49 67 40 33 30 29 20 30
478
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
402
32
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 |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
392
398
A M J
15
390 364 357 417 423 404 412 429 439 456 436 443
J A S O N D J F M A M J
16
438 435 440 462 475 479 509 534 508 503 478 474
J A S O N D J F M A M J
17
455 433 430 446 472 469 475 478
3 Mo Avg
482 482
J A S O N D J F M
18
31
52
F M 25.0
20.0
15.0 25.0
10.0 20.0
5.0 15.0
0.0 10.0
Coldwell Banker Global Luxury ® | 21
5.0