FL ARCHIVED October 2016 | Page 21

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Pinellas

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
$ 269,000
2 %
20 %
Average List Price of all Current Listings
$ 445,351
0 %
13 %
October Median Sales Price
$ 180,250
-4%
-3%
9 %
12 %
$ 180,000
13 %
12 %
October Average Sales Price
$ 244,746
-3%
-3%
9 %
10 %
$ 245,566
11 %
10 %
Total Properties Currently for Sale ( Inventory )
5,989
6 %
2 %
October Number of Properties Sold
1,600
-9%
-8%
17,860
-0%
October Average Days on Market ( Solds )
56
2 %
-2% -19% -19%
59
-16%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 181
2 %
2 %
5 %
15 %
$ 172
11 %
10 %
October Sold Price per Square Foot
$ 152
-1%
-1%
10 %
11 %
$ 151
12 %
10 %
October Month ' s Supply of Inventory
3.7
17 %
14 %
11 %
3 %
3.3
-8%
-9%
October Sale Price vs List Price Ratio
94.7 %
-. 1 % -. 1 % 1.3 % 1.4 %
94.5 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
2,500 October Property sales were 1,600 , down 8.0 % from 1,739 in October of 2015 and 9.3 % lower than the 1,765 sales last month . Property October 2016 Sales sales were at their lowest level compared to 2,5002,000
October October Property of 2015 sales and 2014 were . 1,600 October , down YTD 8.0 sales % from of 1,739 17,860 in are October running of 0.5 2015
% behind and 9.3 % last lower year than ' s year-to-date the 1,765 sales sales last of month 17,946
.
. October 2016 sales were at their lowest level compared to 2,0001,500 October of 2015 and 2014 . October YTD sales of 17,860 are running 0.5 % behind last year ' s year-to-date sales of 17,946 .
1,5001,000

Pinellas Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
1,000
Prices The Median Sales Price in October was $ 180,250 , up 9.2 % from
Prices $ 165,000 in October of 2015 and down 3.6 % from $ 187,000 The last Median month Sales . The Price Average in October Sales Price was $ in 180,250 October , up was 9.2 $ % 244,746 from ,
300 $ up 165,000 8.7 % in from October $ 225,205 of 2015 in October and down of 3.6 2015 % from and $ down 187,000 3.4 % from last month . The Average Sales Price in October was $ 244,746 ,
280 $ 253,270 last month . October 2016 ASP was at the highest level up 8.7 % from $ 225,205 in October of 2015 and down 3.4 % from 260 compared to October of 2015 and 2014 . $ 253,270 last month . October 2016 ASP was at the highest level 240 compared to October of 2015 and 2014 .
220 200 180 160 140 120 100
500
0
500
0
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 J
J
A S O
13
14
15
16
D
J
F M A M J
14
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
Median Sales Price and Average Sales Price
15
16
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
1,197 1,309 1,068 1,207 1,532 1,659 1,741 1,679 1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923 1,991 1,916 2,095 2,010 1,782 1,765 1,739 1,376 1,834 1,246 1,546 1,939 2,043 1,967 2,075 1,776 1,903 1,765 1,600
N
13 300 280 260 240 220 200 180 160 140 120 100
1,197 1,309 1,068 1,207
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 J
J
A S O
13
14
15
16
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
October Total Inventory was 5,989 of , up Properties 6.2 % from available 5,641 last for sale month as of and up 2.4 %
9,000
October from 5,846 was 5,989 in October , up 6.2 of % last from year 5,641 . October last month 2016 and Inventory up 2.4 % was
9,0008,000 from at a 5,846 mid level in October compared of last with year October . October of 2015 2016 Inventory and 2014 . was
8,0007,000 at a mid level compared with October of 2015 and 2014 .
7,0006,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
6,0005,000
5.0
5,0004,000
4.0
4,000
A comparatively lower MSI is more beneficial for sellers while a
3,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
3,000 higher MSI is better for buyers . The October 2016 MSI of 3.7
2,000 higher MSI is better for buyers . The October 2016 MSI of 3.7
2,000
2.0 months was at a mid level compared with October of 2015 and
1,000 months was at a mid level compared with October of 2015 and
1,000
1.0
2014 .
0
2014 .
0
0.0
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 J
J A S O
N
D J
F M A 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
13
13
14
14
15
15
16
16
1,532 1,659 1,741 1,679
7,330 7,326 7,597 7,681 7,473 7,411 7,244 7,057 6,972 6,951 6,913 7,062 7,055 6,912 6,989 6,893 6,770 6,532 6,422 6,209
1,637 1,615 1,543 1,667 1,324 1,753 1,209 1,516 1,923 1,991 1,916 2,095 2,010 1,782 1,765 1,739 1,376 1,834 1,246 1,546 1,939 2,043 1,967
3 Mo Avg
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 J
J
A S O
13
14
15
16
7,330 7,326 7,597 7,681 7,473 7,411 7,244 7,057 6,972 6,951 6,913 7,062 7,055 6,912 6,989 6,893 6,770 6,532 6,422 6,209 6,024 5,825 5,660 5,846
6,024 5,825 5,660 5,846 5,863 5,688 5,939 6,068 5,991 5,847 5,752 5,629 5,532 5,521 5,641 5,989 2,075 1,776
5,863 5,688 5,939 6,068 5,991 5,847 5,752 5,629 5,532 5,521
1,903 1,765
5,641 5,989
1,600
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 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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