FL ARCHIVED November 2017 | Page 23

Market Action Report November 2017
Community Information | School District
Market Action Report November 2017

City : Belleair

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
$ 769,900
-1%
6 %
Average List Price of all Current Listings
$ 1,256,296
-5%
-5%
November Median Sales Price
$ 405,500
45 %
7 %
40 %
47 %
$ 315,000
16 %
15 %
November Average Sales Price
$ 436,750
54 %
-9%
23 %
3 %
$ 448,402
1 %
5 %
Total Properties Currently for Sale ( Inventory )
61
3 %
-12%
November Number of Properties Sold
6 -33%
-45%
135
-9%
November Average Days on Market ( Solds )
83
34 %
-3%
32 %
2 %
83
4 %
2 %
Asking Price per Square Foot ( based on New Listings )
$ 236
-4%
8 %
19 %
14 %
$ 214
1 %
3 %
November Sold Price per Square Foot
$ 179
20 %
-5%
2 %
0 %
$ 188
4 %
5 %
November Month ' s Supply of Inventory
10.2
55 %
39 %
62 %
68 %
6.2
1 %
2 %
November Sale Price vs List Price Ratio
95.8 %
-. 6 % 2.6 % 5.5 % 3.7 %
93.0 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales November Property sales were 6 , down 45.5 % from 11 in November of 2016 and 33.3 % lower than the 9 sales last month . Property November Sales 2017 sales were at their lowest level compared to 30 November Property sales were 6 , down 45.5 % from 11 in November of 2016 and 2015 . November YTD sales of 135 are November of 2016 and 33.3 % lower than the 9 sales last month . running 8.8 % behind last year ' s year-to-date sales of 148 . 25 November 2017 sales were at their lowest level compared to November of 2016 and 2015 . November YTD sales of 135 are
20 running 8.8 % behind last year ' s year-to-date sales of 148 .
15

Belleair

Agent Name
Title Phone Website Other

Community Information | School District

30
25
20
15
10
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in November was $ 405,500 , up 39.8 %
Prices from $ 290,000 in November of 2016 and up 44.8 % from The $ 280,000 Median Sales last month Price in . The November Average was Sales $ 405,500 Price in , up November 39.8 %
900 from was $ 290,000 436,750 , in up November 22.7 % from of 2016 $ 355,818 and up in 44.8 November % from of 2016 $ 280,000 last month . The Average Sales Price in November 800 and up 54.0 % from $ 283,611 last month . November 2017 ASP was $ 436,750 , up 22.7 % from $ 355,818 in November of 2016 700 was at the highest level compared to November of 2016 and and up 54.0 % from $ 283,611 last month . November 2017 ASP 600 2015 . was at the highest level compared to November of 2016 and 500 2015 .
400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The November Total Inventory was 61 , of up Properties 3.4 % from available 59 last for month sale and as of down 11.6 % November was 61 , up 3.4 % from 59 last month and down 11.6 %
120 from 69 in November of last year . November 2017 Inventory from was 69 at its in November lowest level of compared last year . November with November 2017 Inventory of 2016 and 100
was 2015 at . its lowest level compared with November of 2016 and 2015 .
80
60 A comparatively lower MSI is more beneficial for sellers while a A comparatively lower MSI is more beneficial for sellers while a 40 higher MSI is better for buyers . The November 2017 MSI of higher MSI is better for buyers . The November 2017 MSI of 10.2 months was at its highest level compared with November of 20 10.2 months was at its highest level compared with November of 2016 and 2015 . 2016 and 2015 .
0
10
5
0
300 200 100
0
5
0 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 14 15
16
17 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 14 15
Median 16Sales Price and Average 17 Sales Price
3 Mo Avg
900 Median Sales Price and Average Sales Price
3 Mo Avg
800
10
700 600 500 400 300 200 100
92 88
10 92
9
9 9
9
88 104
98 92 14 11 13
98 101 99
14 11 13 14 6
14 90
6
82
14 20
93 89 82 86
24 78
9
14 20 24 9 9 8
9
0 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
D J 14 F 15 M A M J J A S O N D J F M16A M J J A S O N D J F M 17 A M J J A S O N 14 15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
120 18.0
100 16.0
80
14.0 12.0
60
10.0
40 20
92
104 98 98 101 99
90
93 89 86
86 81
8
78 10
86 81
71 75
68
68 71 73
73 68
76 68
69 73
10 18 19 13 22 12 9
70
73 66 68 62
15 11 11 13 15 9
60 61 66 62
11 20 21 19 6 8 11
8.0
6.0
4.0
2.0
F M A M J
J
0.0
A S O N
57 59 61
0
D
J
D
F M
J
A
F M
J
A M
J
A
J
S
J O
A
N
S D
O J
N
F
D M
J A
F M
M J
A
J
M
A
J S O
J
N
A
D
S O J
F
N
M
D
A
J M J
14
1514
15
16
16
17
17
J
A S O N
18 19
75 13 22 12 9 73
15 76
11
69 11 13
70 73
15 66
9 68
11
62 20
60 21
61 19
66 62
6 57
8
9 6
59 11
61 9 6
18.0 16.0 14.0 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 .
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