FL ARCHIVED October 2016 | Page 16
Market Action Report
City: Clearwater Beach
October 2016
Clearwater Beach
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | 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 475, up 779.6% from
54 days last month and up 64.4% from 289 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
475
500
450
400
350
289
300
250
200
150
100
50
2
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 $632 was
down 4.7% from $664 last month and up 21.1% from 522 in
October of last year.
3 Mo Avg
700
632
650
600
563
550
522
500
450
400
350
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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 87.4% was down from 94.9% last month and down
from 90.6% in October of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
97.7%
100%
90.6%
87.4%
80%
60%
40%
20%
0%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
90
30
70
69
67
66
65
60
58
62
57
56
52
49
61
54
55
55
64
60
55
54
54
54
52
51
51
49
47
47
42
40
47
50
50
66
60
64
76
70
77
80
45
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 10, down 23.1% from 13 last month and up
25.0% from 8 in October of last year.
20
10
0
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | 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 REALTO
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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