Market Action Report
City: St Petersburg
October 2016
St. Petersburg
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 75, down 48.3% from
145 days last month and down 14.8% from 88 days in October of
last year. The October 2016 DOM was at its lowest level
compared with October of 2015 and 2014.
3 Mo Avg
350
300
250
200
150
96
100
88
75
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
16
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 $428 was up
7.3% from $399 last month and up 17.0% from 366 in Octob