FL ARCHIVED October 2016 | Page 28
Market Action Report
City: Clearwater Beach
Clearwater Beach
October 2016
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
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 October was 151, up 55.7% from 97
days last month and up 21.8% from 124 days in October of last
year. The October 2016 DOM was at a mid level compared with
October of 2015 and 2014.
3 Mo Avg
180
151
160
140
124
120
100
82
80
60
40
20
0
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Selling Price per Square Foot
Selling Price per Square Foot
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 October 2016 Selling Price per Square Foot of $353 was
down 2.1% from $360 last month and up 5.6% from 334 in
October of last year.
3 Mo Avg
390
370
353
350
334
330
310
297
290
270
250
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
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 October 2016 Selling Price vs Original
List Price of 92.3% was down from 94.4% last month and down
from 93.1% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
95%
94%
93.1%
93%
92.3%
91.6%
92%
91%
90%
89%
88%
87%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
400
334
318
323
313
327
310
322
317
316
300
285
274
266
275
275
282
262
200
267
297
293
314
287
298
293
283
281
276
295
277
324
316
323
313
250
282
300
313
350
281
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 October 2016 was 69, up 27.8% from 54 last month and up
1.5% from 68 in October of last year.
150
100
50
0
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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 Association of REALTORS
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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