Dilip Chauhan
Coldwell Banker Realty

  

Area
Report
PINELLAS COUNTY
DECEMBER 2019 | ALL PROPERTY TYPES
 
 
Dilip Chauhan
Direct: (727) 415-8363
Cell: (727) 415-8363
dilip.chauhan@floridamoves.com
www.dilipc.com/
 

 

 

Area
Report
Pinellas County
 
FULL MARKET SUMMARY
December 2019 | All Property Types
  Month to Date Year to Date
  December 2019 December 2018 % Change YTD 2019 YTD 2018 % Change
New Listings 1464 1722 -14.98%  26780 28530 -6.13% 
Sold Listings 1881 1671 12.57%  22042 22356 -1.4% 
Median Listing Price $259,000 $240,000 7.92%  $249,500 $234,900 6.22% 
Median Selling Price $250,000 $235,900 5.98%  $240,000 $228,000 5.26% 
Median Days on Market 25 23 8.7%  27 24 12.5% 
Average Listing Price $335,624 $334,631 0.3%  $332,718 $307,270 8.28% 
Average Selling Price $323,151 $323,248 -0.03%  $321,192 $296,594 8.29% 
Average Days on Market 53 51 3.92%  53 50 6% 
List/Sell Price Ratio 96.8% 96.8% 0.01%  96.8% 96.9% -0.08% 
SOLD AND NEW PROPERTIES (UNITS)
December 2019 | All Property Types
Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

 

MEDIAN SALES PRICE AND NUMBER OF SALES
December 2019 | All Property Types
Median Sales Price | Price of the ""middle"" property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.
AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET
December 2019 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

 

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE
December 2019 | All Property Types
Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.
AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE
December 2019 | All Property Types
Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

 

PROPERTIES FOR SALE AND SOLD PROPERTIES
December 2019 | All Property Types
Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.
AVERAGE ASKING/SOLD/UNSOLD PRICE
December 2019 | All Property Types
Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

 

ABSORPTION RATE
December 2019 | All Property Types
Absorption Rate | Looks at the past year's monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
MONTHS SUPPLY OF INVENTORY
December 2019 | All Property Types
Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.

 

 
The statistics presented in the Area Report are compiled based on figures and data generated by IDC Global and Datafloat and may not be completely accurate. All information should be independently verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Not intended as a solicitation if your property is already listed by another broker. Real estate agents affiliated with Coldwell Banker Residential Real Estate are independent contractor agents and are not employees of the Company.
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