FL ARCHIVED October 2016 | Page 23

Market Action Report

Belleair

City: Belleair

Agent Name

Market Action Report

October 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$665,000
-17%
16%

Market Profile & Trends Overview
Median
Price
all Current Listings
Price Range: AllList
| Properties:
SFHof
- Con

$1,234,830 Trending
-10% versus*:
46%
Month
LM 38%
L3M 15%
PYM -17%
LY
$281,000
$665,000
-17%-39% -12%
16% -32%
$357,000
$1,234,830 -10%
46%
81 9%
-13%
$281,000 38% 15% -17% 0%
11 -27%
-54%
$3 57,000 -39% -12% -32% -14%
34 -76% -60% -63%
81 9%
-13%
$180
-20% -20%
-7%
11 -27%
-54%
$195
7%
11%
34 -76% -60% -63% -3%
-73%
7.4 49%
$180 -20%
-20% 9%
-7% 90%
-12%
$19595.6%
7% 6.6%
11% 3.2%
-3% 6.0%
18%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median List Price of all Current Listings

October Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

October Median Sales Price

October Number of Properties Sold

October Average Sales Price

October Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

October Number of Properties Sold

October Sold Price per Square Foot

October Average Days on Market (Solds)

October
Month's
Supply
of (based
Inventory
Asking
Price
per Square
Foot
on New Listings)
OctoberSold
SalePrice
Price
vsSquare
List Price
October
per
FootRatio

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

October Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

30

-8%

-6%

137
2%
7%
8%
81 -30%
$216
7%
137
2%
$180
81 -30% 7%-35%
6.1
$216
7% -26%6%
2% 8%
$180 92.4%
7%

-73%
-12%
18%
-13%
5.6%

-35%
6%
8%
-28%
2%
3 Mo Avg

3 Mo Avg

Prices

The Median Sales Price in October was $281,000, down 17.2%
Prices
from $339,500 in October of 2015 and up 38.1% from
The
Median last
Salesmonth.
Price inThe
October
was Sales
$281,000,
17.2% was
$203,500
Average
Pricedown
in October
800
from
$339,500
in October
of 2015
and up 38.1%
from of 2015 and
$357,000,
down
32.2% from
$526,204
in October
700
$203,500
last
month.
The
Average
Sales
Price
in
October
was
down 38.7% from $582,113 last month. October 2016 ASP was
$357,000, down 32.2% from $526,204 in October of 2015 and
600
at the lowest level compared to October of 2015 and 2014.

11

15

12

9

22

13

19

18

10

8

9

24

9

20

14

14

6

13

11

14

9

10

9

10

12

10

9

14

0

11

5

13

5
15

10

11

10

10

15

7

15

6

20

9

20

13

11

15

9

12

22

13

19

18

10

8

9

9

24

20

14

6

14

13

11

9

10

9

10

12

Median Sales
Price and Average 16
Sales Price
15

14

800

9

10

14

11

13

15

11

10

7

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
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
6

0

down 38.7% from $582,113 last month. October 2016 ASP was
at the lowest level compared to October of 2015 and 2014.

$265,000
$448,878

Number of Properties Sold

25

9

2016 sales were at their lowest level compared to October of
2015 and 2014. October YTD sales of 137 are running 2.2%
ahead of last year's year-to-date sales of 134.

Trending versus*:

7.4 49% 9% 90% -13%
6.1 -26%
-28%
Number of92.4%
Properties
95.6% 6.6% 3.2% 6.0% 5.6%
2% Sold 2%

October Month's Supply of Inventory

October Property sales were 11, down 54.2% from 24 in October
of 2015 and 26.7% lower than the 15 sales last month. October
Property
2016 salesSales
were at their lowest level compared to October of 30
October Property sales were 11, down 54.2% from 24 in October
2015 and 2014. October YTD sales of 137 are running 2.2%
of 2015 and 26.7% lower than the 15 sales last month. October
25
ahead of last year's year-to-date sales of 134.

Trending versus*:
Prior YTD Prior Year

YTD

Prior YTD -8%
Prior Year -6%
0% YTD
$265,000
-14%
$448,878
7%
8%

14

City: Belleair

October 2016

Median Sales Price and Average Sales Price

700

3 Mo Avg
3 Mo Avg

600
500

500 400
400 300
300 200
200 100
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

16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16

Inventory & MSI

80
60

A comparatively lower MSI is more beneficial for sellers while a

40
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The October 2016 MSI of 7.4
higher MSI is better for buyers. The October 2016 MSI of 7.4
months was at its highest level compared with October of 2015 20
months was at its highest level compared with October of 2015
and2014.
2014.
0
and

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

94
100
94
100
101100
102
100
100101
102102
96 100
94 102
9896
92
94
87
98
97
92
92
87
88
97
92
92
104
88
98
92
98
101104
99 98
90 98
101
82
93 99
89 90
8582
77
93
85 89
80 85
70
77
74
85
67
80
67
70
72
74
74
67
81

Inventory
& MSI of Properties available for sale as of
The Total Inventory
120
The
Total Inventory
Properties
available
for sale
of
October
was 81, upof9.5%
from 74
last month
andasdown
12.9%
October
81, up 9.5%
fromyear.
74 last
month2016
and down
12.9%was at120
from 93was
in October
of last
October
Inventory
100
from
93 in October
of last year.
Inventory
was at
its lowest
level compared
withOctober
October2016
of 2015
and 2014.
100
its lowest level compared with October of 2015 and 2014.
80

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

67
72
74
81

100

60
40
20

0

18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

J AF M
M JA JM AJ S J OA NS DO J NF DM JA FM MJ AJ M
A DS JO FN MD AJ MF JM J AAMS JO J A S O
N D NJ D
F M
A SJ OJ N
15
16
13 13
14 14
15
16

Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
RealReal
Estate
/ Coldwell
Banker
United,
Realtors
| Price| Range:
All | Property
Types: SFH
- Con

c o l dw el l b a n k er h o m es.c o m

| 23

Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
FloridaMLS,
Regional
MLS,
Board of REALTORS,
REALTORSofAssociation
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
FortFort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County,County,
Miami Association
of REALTORS,
My FloridaMy
Regional
Naples
AreaNaples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.