MARKET INSIGHT 33785 Condos:TH Nov 2018

MARKET INSIGHT 33785 Condos:TH Nov 2018, updated 1/5/19, 12:52 AM

categoryOther
collectionsMarket Insights
visibility75

About Barb Dinda Ulrich

Pinellas Beaches Real Estate Expert for ​Keller Williams Gulfside Realty.

Barb has enjoyed the last 38 years living in our beautiful Gulf Beach communities. She spent her childhood in South Tampa. In her free time, Barb most enjoys spending time with her friends and family: daughter 21, and son, 19, relaxing at their Condo on Indian Rocks Beach or embracing art and culture in vibrant Downtown St. Pete. Barb truly loves people-  listening and learning about her clients goals and working to assure that she exceeds their expectations. It's really all about the client, and providing personalized, discretionary service. Almost 100% of Barb's clients are former buyers or sellers she represented or referrals from clients, friends, family.

Barb feels so fortunate to work in a business she enjoys so much. 

Mobile: (727) 251-1954
 

Tag Cloud

November 2018
33785 - Condo/Co-op/TH
Presented by
BARB ULRICH
KELLER WILLIAMS GULFSIDE RLTY
Email: barb@barbulrichrealty.com
Work Phone: 727-251-1954
Mobile Phone: 727-251-1954
New Listings
29
-6.5%
3.6%
from Oct 2018:
31
from Nov 2017:
28
YTD
2018
2017
+/-
314
294
6.8%
5-year Nov average: 29
New Pendings
18
-18.2%
-35.7%
from Oct 2018:
22
from Nov 2017:
28
YTD
2018
2017
+/-
284
310
-8.4%
5-year Nov average: 21
Closed Sales
19
-36.7%
5.6%
from Oct 2018:
30
from Nov 2017:
18
YTD
2018
2017
+/-
257
284
-9.5%
5-year Nov average: 20
Median
Sold Price
$525,000
-6.2%
47.7%
from Oct 2018:
$559,750
from Nov 2017:
$355,500
YTD
2018
2017
+/-
$443,000 $434,500 2.0%
5-year Nov average: $400,900
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
November was $525,000, representing a decrease of 6.2% compared
to last month and an increase of 47.7% from Nov 2017. The average
days on market for units sold in November was 61 days, 48% below
the 5-year November average of 117 days. There was an 18.2%
month over month decrease in new contract activity with 18 New
Pendings; a 17.9% MoM decrease in All Pendings (new contracts +
contracts carried over from October) to 23; and a 5.7% increase in
supply to 93 active units.
This activity resulted in a Contract Ratio of 0.25 pendings per active
listing, down from 0.32 in October and a decrease from 0.41 in
November 2017. The Contract Ratio is 29% lower than the 5-year
November average of 0.35. A higher Contract Ratio signifies a
relative increase in contract activity compared to supply, and indicates
the market is moving in the seller's favor. A lower Contract Ratio
signifies a relative decrease in contract activity compared to supply,
and indicates the market is moving in the buyer's favor.
Active Listings
93
Min
86
Max
121
5-year Nov average
93
105
Oct 2018
Nov 2017
88
86
Avg DOM
61
Min
53
Max
310
5-year Nov average
61
117
Oct 2018
Nov 2017
YTD
162
53
89
Avg Sold to
OLP Ratio
96.1%
Min
90.6%
Max
97.0%
5-year Nov average
96.1%
95.0%
Oct 2018
Nov 2017
YTD
96.9%
96.6%
95.9%
Copyright 2019 MarketStats by ShowingTime. All Rights Reserved.
Data Source: MFRMLS. Statistics calculated December 10, 2018.