FL ARCHIVED November 2016 | Page 15

Clearwater Beach Market Action Report City: Clearwater Beach November 2016 Agent Name Market Action Report Title Phone Agent WebsiteName Title Other Phone Trending versus*: Month WebsiteLM L3M PYM LY $1,370,000 -2% Other -2% November 2016 Community Information | School District City: Clearwater Beach Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con Trending versus*: Prior YTD Prior Year YTD $1,736,729 3%Trending versus*: 1% Trending versus*: $1,125,000 7% -8% $1,297,500 7%YTD Prior 6%Year Month -18% LM -24% L3M PYM LY YTD Prior $1,308,333 -23% -7% -4% $1,370,000 -2% -20% 24% -2% -13% $1,436,305 Total Properties for Sale (Inventory) 75 -3% 34% Average List PriceCurrently of all Current Listings $1,736,729 3% 1% NovemberMedian NumberSales of Properties Sold 0% -24% 7% 0% -8% $1,297,500 60 36% November Price $1,125,0003 -18% 7% 6% NovemberAverage AverageSales DaysPrice on Market (Solds) 370 -23% -22% -20% 75% 157% 146 -8% -8% November $1,308,333 24% 134% -13% $1,436,305 -7% -4% Asking Price perCurrently Square Foot (based on New Listings) $606 -6% 2% 34% 15% 13% $551 6% 2% Total Properties for Sale (Inventory) 75 -3% NovemberNumber Sold Price per Square Sold Foot $4443 -30% $518 -2% -2% November of Properties 0% -26% -16% 0% -16% 60 36% NovemberAverage Month'sDays Supply Inventory 25.0 -3% 75% 18% 157% 34% 134% -7% 15.4 -42% November on of Market (Solds) 370 -22% 146 -34% -8% -8% November vs Foot List Price Ratio 84.6% 90.5% -2% -1% Asking PriceSale per Price Square (based on New Listings) $606 -3.2% -6% -6.7% 2% -9.5% 15% -7.5% 13% $551 6% 2% * LM=Last Mont h / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date November Sold Price per Square Foot $444 -30% -26% -16% -16% $518 -2% -2% Number November Month's Supply of Inventory 25.0 -3% 18% 34% -7% of Properties 15.4 Sold -34% -42% PropertySale Sales November Price vs List Price Ratio 84.6% -3.2% -6.7% -9.5% -7.5% 90.5% -2% -1% 10 Average List Price of all Current Listings November Median Sales Price Market Profile & Trends Overview November Price Listings Median ListAverage Price of Sales all Current 3 Mo Avg November sales/ were 3, equal to 3Year in /November of / YTD = Year-to-date * LM=Last Month /Property L3M=Last 3 Months PYM=Same Month Prior LY=Last Year (2015) 9 Number of Properties Sold 8 was $1,308,333, up 23.8% from $1,056,667 in November of 2015 and down 23.0% from $1,700,000 last month. November 2016 ASP was at a mid range compared to November of 2015 and 2014. The Total Inventory of Properties available for sale as of November was 75, down 2.6% from 77 last month and up 33.9% from 56 in November of last year. November 2016 Inventory was at its highest level compared with November of 2015 and Inventory & MSI 2014. The Total Inventory of Properties available for sale as of November was 75, down 2.6% from 77 last month and up 33.9% from 56 in November of last year. November 2016 Inventory A comparatively lower MSI is more beneficial for sellers while a was at its highest level compared with November of 2015 and higher MSI is better for buyers. The November 2016 MSI of 2014. 25.0 months was at a mid level compared with November of 2015 and 2014. 3 3 6 2 7 8 5 9 6 7 4 1 3 5 7 4 3 6 6 2 6 1 1 5 2 3 1 3 2 4 2 4 3 3 3 6 2 7 8 5 9 6 7 4 1 3 5 7 4 3 6 6 2 6 1 1 5 2 3 1 3 2 4 2 4 Median Sales Price and Average Sales Price 3 Mo Avg 0 2,200D 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 A S O N 13 14 15 16 2,000 Median Sales Price and Average Sales Price 1,800 2,200 1,600 2,000 1,400 1,800 1,200 1,600 1,000 1,400 3 Mo Avg 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 A S O N 13 14 15 16 1,200 Inventory & MSI 3 1 2 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 A S O N 13 14 15 16 3 Prices 2 3 63 2 5 1 4 0 3 4 85 74 2 The Median Sales Price in November was $1,125,000, up 7.1% from $1,050,000 in November of 2015 and down 18.2% from $1,375,000 last month. The Average Sales Price in November was $1,308,333, up 23.8% from $1,056,667 in November of Prices 2015 and down $1,700,000 month. November The Median Sales23.0% Price from in November waslast $1,125,000, up 7.1% 2016$1,050,000 ASP was at in a mid range compared to November of 2015 from November of 2015 and down 18.2% from and 2014. $1,375,000 last month. The Average Sales Price in November 3 Mo Avg 107 96 4 2015 and the same as the 3 sales last month. November 2016 sales were at their highest level compared to November of 2015 and 2014. November YTD sales of 60 are running 36.4% ahead Property Sales of last year's year-to-date sales3,ofequal 44. to 3 in November of November Property sales were 2015 and the same as the 3 sales last month. November 2016 sales were at their highest level compared to November of 2015 and 2014. November YTD sales of 60 are running 36.4% ahead of last year's year-to-date sales of 44. Total Inventory & Month's Supply of Inventory (MSI) 1,000 76 77 75 77 75 70 76 70 66 71 66 71 67 67 60 60 65 58 58 65 57 57 62 62 56 52 52 54 56 49 49 54 61 55 55 61 55 54 55 55 60 54 54 60 55 54 64 54 52 64 52 51 64 51 50 64 50 51 66 51 49 66 49 54 47 47 47 47 45 45 42 42 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 A S O N 90 80.0 13 14 15 16 80 70.0 70 60.0 Total Inventory & Month's Supply of Inventory (MSI) 60 50.0 50 80.0 90 40.0 40 80 70.0 30.0 30 70 60.0 20.0 20 60 50.0 10.0 10 50 40.0 0 0.0 40 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 A S O N 30.0 A comparatively lower MSI is more beneficial for sellers while a 30 13 14 15 16 20.0 20 higher MSI is better for buyers. The November 2016 MSI of 10.0 10 25.0 months was at a mid level compared with November of 0 0.0 2015 and 2014. D J FandM M J Types: J A SFH S -OConN D J F M A M J J A S O N D J F M A M J J A S O N Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 Up A | Property 14Association of REALTORS, My Florida Regional15MLS, Naples Area Board of REALTORS, REALTORS 16 Association of the Palm Beaches, Space Coast Association of REAL Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County,13 Miami 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con c o l dw el l b a n k er h o m es.c o m | 15 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.