FL ARCHIVED October 2016 | Page 31

Market Action Report

Title
Phone
Agent
Name
Website
TitleOther

October 2016

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Month
Website
$492,000
Other

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

LM

Trending versus*:
L3M PYM
LY

-1%
13%
$756,679 Trending
11% versus*:
26%
Month
LM -42%
L3M -25%
PYM -26%
LY
$259,500
$492,000
-1% -22% -11%
13% 4%
$384,305
$756,679 141
11% 8% 26% 10%
$259,500 -42% -25% -26% -18%
21 17%
0%
$384,305 -22% -11% 4% 0%
104 7% 11% 68%
141 8%
10%
$396 3% 6% 50%
21 17%
0%
$298 -23% -6% -3%
104 7% 11% 68% 28%
$396 6.7
3% -7%
6% 19%
50% 10%
26%
93.3%
-2.5%
-1.4%
$298 -23% -6% -3% .4%
5%

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

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 Inventory

Asking Price per Square Foot (based on New Listings)

OctoberSold
SalePrice
Price
vsSquare
List Price
October
per
FootRatio

Trending versus*:

$336,500
$422,735

6%

7%
10%
-4%
10%
5%
-2%
-2% 9%
1% 6%

-2%
9%
6%
-2%
1%

6.7 -7% 19% 10% 34%
4.9
-2%
-2%
of93.9%
Properties
93.3% -2.5% -1.4% .4% Number
.5%
1% Sold 1%

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

3 Mo Avg

50

October Property sales were 21, equal to 21 in October of 2015
and 16.7% higher than the 18 sales last month. October 2016
Property
50
sales were Sales
at their lowest level compared to October of 2015 and
October
PropertyYTD
salessales
were of
21,316
equal
21 in October
of 2015of last
2014. October
aretorunning
6.8% ahead
45
and
16.7%
higher thansales
the 18
year's
year-to-date
of sales
296. last month. October 2016
40

Number of Properties Sold

45

3 Mo Avg

40

35

21

18

37

36

39

40

39

38

27

21

31

23

21

33

25

32

28

36

47

32

23

19

35

29

28

29

29

26

23

35

0

5

18

5

25

10

15

18

15

20

18

20

25

13

25

30

19

30

35

10

Prices

The Median Sales Price in October was $259,500, down 26.0%
Prices
from $350,760 in October of 2015 and down 42.3% from
The
Median last
Salesmonth.
Price inThe
October
was Sales
$259,500,
26.0% was
$450,000
Average
Pricedown
in October
600
from
$350,760
October
2015 andin
down
42.3%
$384,305,
up in
4.3%
fromof$368,398
October
offrom
2015 and down
$450,000
last$489,818
month. The
Price2016
in October
wasat a 550
21.5% from
lastAverage
month.Sales
October
ASP was
$384,305,
4.3% fromto$368,398
in October
2015 and down 500
mid rangeupcompared
October of
2015 andof2014.

13

550

21

18

37

36

39

40

39

21

31

23

21

33

25

32

28

36

32

23

19

35

29

28

Median Sales
Price and Average 16
Sales Price
15

14

600

29

29

26

23

35

18

25

18

18

13

19

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

0

21.5% from $489,818 last month. October 2016 ASP was at a
mid range compared to October of 2015 and 2014.

5%

316
10%
79
$342
316
7%
$303
79
-4%
4.9
$342
10%
93.9%
$303
5%

28%
26%
5%
34%
.5%

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

October Month's Supply of Inventory

sales were at their lowest level compared to October of 2015 and
2014. October YTD sales of 316 are running 6.8% ahead of last
year's year-to-date sales of 296.

Trending versus*:
Prior YTD Prior Year

YTD

Prior YTD 5%
Prior Year 6%
-18% YTD
$336,500
0%
$422,735
10%
10%

47

City: St Pete Beach

Agent Name

38

Market Action Report

St. Pete Beach

27

City: St Pete Beach

October 2016

Median Sales Price and Average Sales Price

3 Mo Avg

3 Mo Avg

500
450

450 400
400 350
350 300
300 250
250 200

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

its highest level compared with October of 2015 and 2014.

150

A comparatively lower MSI is more beneficial for sellers while 100
a
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a6.7
higher MSI is better for buyers. The October 2016 MSI of 6.7
months was at its highest level compared with October of 2015 50
months was at its highest level compared with October of 2015
and 2014.
and 2014.

0

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

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

169
176
169
190
176
198
180 190
173 198
164 180
146 173
134 164
135 146
126
134
128
135
131
126
138
128
150
131
149
138
148
145150
140 149
135 148
134 145
127 140
135135
128134
131
127
134135
150
128
168
131
167
134
150
150
154
168
147
167
118
150
110
154
130
147
141

The Total Inventory
Inventory
& MSI of Properties available for sale as of
250
The
Total Inventory
of 8.5%
Properties
for saleand
as ofup 10.2%
October
was 141, up
from available
130 last month
October
wasin141,
up 8.5%
fromyear.
130 last
month2016
and Inventory
up 10.2% was 250
from 128
October
of last
October
at
200
from
128 in October
of last year.
Inventory
was at
its highest
level compared
withOctober
October2016
of 2015
and 2014.
200
150

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0

118
110
130
141

200

100
50

0

16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
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 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
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

| 31

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
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
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.