FL ARCHIVED October 2016 | Page 15

Clearwater Beach

Market Action Report

City: Clearwater Beach

October 2016

Agent Name

Market Action Report

Title
Phone
Agent
WebsiteName
Title
Other
Phone
Trending versus*:
Month
WebsiteLM L3M PYM LY
$1,399,000
-3%
Other 0%

October 2016

Community Information | School District

City: Clearwater Beach
Price Range: $1,000,000 and Up | Properties: SFH - Con

Market Profile & Trends Overview
Median List Price of all Current Listings

Price Range: $1,000,000 and Up | Properties: SFH - Con

Trending versus*:
Prior YTD Prior Year

YTD

$1,685,712 3%Trending versus*:
-5%
Trending versus*:
$1,375,000
-6% PYM
-8% 13%
$1,300,000
6%YTD Prior
7%Year
Month -17%
LM L3M
LY
YTD
Prior
$1,700,000 -5%
-8%
-4%
$1,399,000
0% 8% 11%
-3% 13% $1,443,041
Total Properties
for Sale
(Inventory)
77 3%
1%
48%
Average
List PriceCurrently
of all Current
Listings
$1,685,712
-5%
OctoberMedian
NumberSales
of Properties
Sold
-50% -6% -40%
57
39%
October
Price
$1,375,0003 -17%
-8% 13% $1,300,000
6%
7%
OctoberAverage
AverageSales
DaysPrice
on Market (Solds)
475 780%
64% 201%
134 -16%
-15%
October
$1,700,000
-5% 178%
8% 11%
13% $1,443,041
-8%
-4%
Asking
Price perCurrently
Square Foot
(based
on New Listings)
$642
41% 19%
$546
5%
1%
Total
Properties
for Sale
(Inventory)
77 17%
1% 12% 48%
OctoberNumber
Sold Price
per Square Sold
Foot
$6323 -50%
-5% 4% -40%
21% 20%
$522
-2%
-1%
October
of Properties
57
39%
OctoberAverage
Month'sDays
Supply
Inventory
25.7
103% 178%
6% 147%
-4%
14.4
-46%
October
on of
Market
(Solds)
475 780%
64% 201%
134 -40%
-16%
-15%
October
Saleper
Price
vs List
Price
Ratioon New Listings)
87.4%
90.8%
-1%
-1%
Asking
Price
Square
Foot
(based
$642 -7.9%
17% -3.2%
12% -3.5%
41% -4.5%
19%
$546
5%
1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
October
Sold Price per Square Foot
$632 -5% 4% 21% 20%
$522
-2%
-1%
Number
October M onth's Supply of Inventory
25.7 103% 6% 147%
-4% of Properties
14.4 Sold
-40%
-46%
Property
October
SaleSales
Price vs List Price Ratio
87.4% -7.9% -3.2% -3.5% -4.5%
90.8%
-1%
-1%
10
Average List Price of all Current Listings

October Profile
Median Sales
Price Overview
Market
& Trends
OctoberList
Average
Price Listings
Median
Price Sales
of all Current

3 Mo Avg

October
Property
were
3, down
40.0%
from
5 inYear
October
of = Year-to-date
* LM=Last
Month
/ L3M=Lastsales
3 Months
/ PYM=Same
Month
Prior Year
/ LY=Last
(2015) / YTD

$1,665,000 last month. The Average Sales Price in October was
$1,700,000, up 10.6% from $1,536,400 in October of 2015 and
down 4.7% from $1,784,167 last month. October 2016 ASP was
at the highest level compared to October of 2015 and 2014.

3

6

7

8

5

9

6

7

4

1

3

5

7

4

3

6

6

2

6

1

1

5

2

3

1

3

2

4

2

4

3

2

4

3

6

2

7

8

5

9

6

7

4

1

3

5

7

4

3

6

6

2

6

1

1

5

2

3

1

3

2

Median Sales Price and Average Sales Price

4

2

4

3

2

4

3

1

2

Prices

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

2
The Median Sales Price in October was $1,375,000, down 8.0%
from $1,495,000 in October of 2015 and down 17.4% from
$1,665,000 last month. The Average Sales Price in October was
$1,700,000, up 10.6% from $1,536,400 in October of 2015 and
Prices
down
4.7% from
last month.
October 2016
ASP
was
The
Median
Sales $1,784,167
Price in October
was $1,375,000,
down
8.0%
at the
highest level
compared
October
of 2015
and 2014.
from
$1,495,000
in October
ofto
2015
and down
17.4%
from

3

2

Number of Properties Sold

2

9
2015 and 50.0% lower than the 6 sales last month. October
8
2016 sales were at their lowest level compared to October of
2015 and 2014.
October YTD sales of 57 are running 39.0%
Property
Sales
107
ahead ofProperty
last year's
year-to-date
sales40.0%
of 41. from 5 in October of
October
sales
were 3, down
96
2015 and 50.0% lower than the 6 sales last month. October
85
2016 sales were at their lowest level compared to October of
2015 and 2014. October YTD sales of 57 are running 39.0%
74
ahead of last year's year-to-date sales of 41.
63
2
5
1
4
0
3

3 Mo Avg
0
2,400N 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
14
15
16
2,20013

Median Sales Price and Average Sales Price

2,000

3 Mo Avg

2,400
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
1,000
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

1,400
1,200

Inventory & MSI

The Total Inventory of Properties available for sale as of
October was 77, up 1.3% from 76 last month and up 48.1% from
52 in October of last year. October 2016 Inventory was at its
highest level compared with October of 2015 and 2014.

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

1,000

76

77

76

77

70

69

66

70

66

67

69

67

60

60

65

58

58

65

57

57

62

62

56

52

52

54

56

49

49

54

61

61

55

55

54

55

55

55

54

60

54

60

52

64

54

51

64

55

50

64

52

51

64

51

49

66

50

47

66

51

54

47

49

54

47

47

42

42

47

47

45

45

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
90
80.0
13 14
15
16
80
70.0
70
60.0
Total
Inventory
&
Month's
Supply
of
Inventory
(MSI)
Inventory & MSI
60
50.0
The Total Inventory of Properties available for sale as of
50
80.0
40.0
October was 77, up 1.3% from 76 last month and up 48.1% from 90
40
80
70.0
30.0
52 in October of last year. October 2016 Inventory was at its
30
A comparatively lower MSI is more beneficial for sellers while a 70
highest level compared with October of 2015 and 2014.
60.0
20.0
20
higher MSI is better for buyers. The October 2016 MSI of 25.7
60
50.0
10.0
10
months was at its highest level compared with October of 2015
50
40.0
0
0.0
and 2014.
40
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 30.0
A comparatively lower MSI is more beneficial for sellers while a 30
13 14
15
16
20.0
20
higher MSI is better for buyers. The October 2016 MSI of 25.7
10.0
10
months was at its highest level compared with October of 2015
0
0.0
and 2014.
N D Jand FUp M
A M Types:
J J SFH
A -SConO N D J F M A M J J A S O N D J F M A M J J A S O
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
| Property
14
15 Naples Area Board of REALTORS, REALTORS16Association of the Palm Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County,13
Miami Association
of REALTORS, My Florida Regional MLS,
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.

Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con

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

| 15

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 REA
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.