FL ARCHIVED March 2018 | Page 54

CLEARWATER 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
$ 1,299,950
0 %
-3%
Average List Price of all Current Listings
$ 1,686,617
1 %
4 %
March Median Sales Price
$ 1,165,000
-1%
-9% -49% -10%
$ 1,230,000
-6%
-5%
March Average Sales Price
$ 1,425,000
14 %
-4% -38%
-9%
$ 1,357,808
-22%
-13%
Total Properties Currently for Sale ( Inventory )
84
-5%
2 %
March Number of Properties Sold
3
0 %
50 %
13
30 %
March Average Days on Market ( Solds )
40 -67% -72% -88% -83%
91
-53%
-61%
Asking Price per Square Foot ( based on New Listings )
$ 566
-13% -4%
9 %
-4%
$ 617
14 %
5 %
March Sold Price per Square Foot
$ 486
-2%
-2% -17%
-5%
$ 508
-8%
0 %
March Month ' s Supply of Inventory
28.0
-5%
22 % -32%
10 %
22.9
-20%
-10%
March Sale Price vs List Price Ratio
94.4 %
4.5 % 2.9 % 12.1 % 4.9 %
93.8 %
4 %
4 %
* 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 3 , up 50.0 % from 2 in March of 2017 and the same as the 3 sales last month . March 2018 sales were at a mid level compared to March of 2017 and 2016 . March YTD sales of 13 are running 30.0 % ahead of last year ' s year-to-date sales of 10 .
Prices The Median Sales Price in March was $ 1,165,000 , down 49.3 % from $ 2,300,000 in March of 2017 and down 1.4 % from $ 1,181,000 last month . The Average Sales Price in March was $ 1,425,000 , down 38.0 % from $ 2,300,000 in March of 2017 and up 13.6 % from $ 1,254,500 last month . March 2018 ASP was at the lowest level compared to March of 2017 and 2016 .
Number of Properties Sold
10 9 8 7 6 5 4 3 2 1 0 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
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 2,000 1,800 1,600 1,400 1,200
3 Mo Avg
2 6 6 3 4 7 5 3 1 4 7 6 9 5 8 7 2 6 3 3 1 5 3 2 6 4 7 1 5 4 3 4 8 7 3 3
1,000
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
Inventory & MSI The Total Inventory of Properties available for sale as of March was 84 , down 4.5 % from 88 last month and up 2.4 % from 82 in March of last year . March 2018 Inventory was at its highest level compared with March of 2017 and 2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2018 MSI of 28.0 months was at a mid level compared with March of 2017 and 2016 .
100 80 60 40 20 0
60 55 55
A M J 15
61
54
Total Inventory & Month ' s Supply of Inventory ( MSI )
49 52 56 62 57 58 60 64 67 67
J A S O N D J F M A M J
16
72
71 77 78 78 77 82 85 82 93 90 88
J A S O N D J F M A M J 17
79
72 73 75 85 85 80 88 84
J A S O N D J F M 18
90.0 80.0 70.0 60.0 50.0 40.0 30.0 20.0 10.0 0.0
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