St . Pete Beach Community Information | School District
St . Pete Beach Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 104 , up 7.2 % from 97 days last month and up 67.7 % from 62 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 . |
250
200
150
100
|
72 |
62 |
104 |
|
50 |
|
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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 $ 298 was down 23.4 % from $ 389 last month and down 2.6 % from 306 in October of last year .
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 93.3 % was down from 95.7 % last month and up from 92.9 % in October of last year .
Inventory / New Listings / Sales 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 37 , down 5.1 % from 39 last month and up 5.7 % from 35 in October of last year .
0
400 380 360 340 320 300 280 260 240 220 200
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 %
250
200
150
100
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 |
|
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Selling Price per Square Foot |
3 Mo Avg |
261
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 |
|
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16 |
|
|
|
|
306
Selling Price versus Listing Price Ratio
90.5 %
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 / New Listings / Sales |
169
176 190 198 180 173 164
Avg Selling Price divided by Avg Listing Price for sold properties during the month
146 134 135 126 128 131 138 150 149 148 145 140 135 134 127 135
92.9 %
128 131 134
150 168 167 150 154 147
3 Mo Avg
118 110
130
298
93.3 %
141
50
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 |
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16 |
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32 | c o l d w e l l b a n k e r h o m e s . c o m