FL ARCHIVED May 2018 | Page 22

Market Action Report
May 2018
County: Pinellas
PINELLAS
COUNTY
Agent Name
Title
Phone
Website
Other
0
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16
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The May 2018 MSI of 0.0
months was at a mid level compared with May of 2017 and 2016.
5
25.0
Total Inventory & Month's Supply of Inventory (MSI)
20
30
15
25
10
20
5
15
0
10
25
30
100
Total Inventory & Month's Supply of Inventory (MSI)
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16
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30.0
200
1,000
300
400
Inventory & MSI
The Total Inventory of Properties available for sale as of May
was 23, down 11.5% from 26 last month and down 8.0% from 25
in May of last year. May 2018 Inventory was at its lowest level
Inventory
& MSI
compared with
May of 2017 and 2016.
The Total Inventory of Properties available for sale as of May
was 23, down 11.5% from 26 last month and down 8.0% from 25
in May of last year. May 2018 Inventory was at its lowest level
A comparatively
lower
MSI and
is more
beneficial for sellers while a
compared
with May
of 2017
2016.
higher MSI is better for buyers. The May 2018 MSI of 0.0
months was at a mid level compared with May of 2017 and 2016.
600
500
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2,000
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in May 2018 was 79, up 5.3% from 75 last month and up 2.6%
from 77 in May of last year.
1,000
3,000
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82%
84%
86%
88.3%
88%
90%
92.8%
92%
93.0%
94%
Median Sales Price and Average Sales Price
Prices
0
3 Mo Avg
The Median Sales Price in May was $0, down 100.0% from
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 A M
$1,725,000 in May of 2017 and down 100.0% from $1,280,000
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6,000
last month. The Average Sales Price in May was $0, down
Median
Sales
Price
and
Average
Sales
Price
Prices
100.0% from $1,743,750 in May of 2017 and down 100.0% from
3 Mo Avg
5,000
The
Median Sales
Price in May
May 2018
was $0,
100.0%
from
$1,280,000
last month.
ASP down
was at
a mid range
$1,725,000
in May
May of
of 2017
2017 and
and 2016.
down 100.0% from $1,280,000
compared to
4,000
6,000
last month. The Average Sales Price in May was $0, down
100.0% from $1,743,750 in May of 2017 and down 100.0% from
3,000
5,000
$1,280,000 last month. May 2018 ASP was at a mid range
compared to May of 2017 and 2016.
2,000
4,000
96%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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 A M
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16
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428
427
486
3 Mo Avg
5
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
May Property sales were 0, down 100.0% from 4 in May of 2017
4
and 100.0% lower than the 2 sales last month. May 2018 sales
3 Mo Avg
Number of Properties Sold
were at their lowest level compared to May of 2017 and 2016.
4
Property
Sales
May YTD sales
of 7 are running 40.0% ahead of last year's year- 5
3
May
Property
sales
to-date
sales of
5. were 0, down 100.0% from 4 in May of 2017 4
and 100.0% lower than the 2 sales last month. May 2018 sales
3
were at their lowest level compared to May of 2017 and 2016.
4
2
May YTD sales of 7 are running 40.0% ahead of last year's year-
3
2
to-date sales of 5.
3
1
2
1
2
0
1
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1 15
3 Mo Avg
550
530
510
490
470
450
430
410
390
370
350
Selling Price per Square Foot
Selling Price per Square Foot
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0
99
Trending versus*:
Prior YTD Prior Year
Trending versus*:
$2,931,952 5% Trending versus*:
2%
Month
LM -100%
L3M -100%
PYM -100%
LY
YTD
Prior
YTD Prior
Year
$0 -100%
$1,310,000
-6%
-7%
$1,799,000
-0% -100% -100%
9% -100% $1,894,286
$0 -100%
16%
23%
$2,931,952
5%
2%
23 -12%
-8%
$0 0 -100%
-100%
-100%
-6%
-7%
-100%
-100% -100% $1,310,000 7
40%
May
Average
Sales
Price
$0
-100%
-100%
-100%
-100%
$1,894,286
16%
23%
May Average Days on Market (Solds)
0 -100% -100% -100% -100%
354
8%
35%
Total
Properties
for Sale
(Inventory)
23 -12%
-8% 5%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$414
8% -9% 10%
$502
42%
27%
May
of Properties
40%
May Number
Sold Price
per Square Sold
Foot
$0 0 -100%
-100% -100% -100%
-100% -100%
$393 7
11%
18%
May
on of
Market
(Solds)
0 -100%
354
8%
35%
May Average
Month's Days
Supply
Inventory
0.0
-100% -100%
-100% -100%
-100% -100%
-100%
15.4
-2%
-6%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$414
8%
-9%
10%
5%
$502
42%
27%
May Sale Price vs List Price Ratio
0.0% -100.0% -100.0% -100.0% -100.0%
80.5%
-8%
-7%
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$0 -100% -100% -100% -100%
$393
11%
18%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May Month's Supply of Inventory
0.0 -100% -100% -100%
-100% of Properties
15.4 Sold
-2%
-6%
Number
May
Sale Price
vs List Price Ratio
0.0% -100.0% -100.0% -100.0% -100.0%
80.5%
-8%
-7%
Property
Sales
122
YTD
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median List Price of all Current Listings
May Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
May
Median Sales Price
May Number of Properties Sold
158
98%
May 2018
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -0%
$1,799,000
9%
Market Profile & Trends Overview
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Median
List Price
all Current
Listings
50
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The May 2018 Selling Price vs Original List
Price of 92.8% was up from 90.4% last month and up from
88.3% in May of last year.
Agent Name
3 Mo Avg
250
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
200
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for May was 99, up 1.0% from 98 days 150
last month and down 37.3% from 158 days in May of last year.
The May 2018 DOM was at its lowest level compared with May of
100
2017 and 2016.
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $486 was up
17.0% from $415 last month and up 13.5% from 428 in May of
last year.
City: Belleair
BELLEAIR
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
May 2018
City: Belleair Information | School District
Community
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
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 A M
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20.0
30.0
15.0
25.0
10.0
20.0
5.0
15.0
0.0
10.0
5.0
0.0
0
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 REALTORS, 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
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 A M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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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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.
22 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 23
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 REA
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.