FL ARCHIVED April 2017 - Page 185

Bay County Community Information | School District

Bay County Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 369,000
0 %
23 %
Average List Price of all Current Listings
$ 548,340
6 %
26 %
April Median Sales Price
$ 257,500
-7%
1 %
7 %
1 %
$ 255,426
4 %
0 %
April Average Sales Price
$ 315,837
0 %
3 %
16 %
-1%
$ 305,461
4 %
-4%
Total Properties Currently for Sale ( Inventory )
239 -11%
-41%
April Number of Properties Sold
52
-5%
58 %
185
50 %
April Average Days on Market ( Solds )
140 -17% -3%
9 %
2 %
145
-6%
6 %
Asking Price per Square Foot ( based on New Listings )
$ 276
4 %
8 %
15 %
18 %
$ 256
13 %
10 %
April Sold Price per Square Foot
$ 229
1 %
3 %
17 %
8 %
$ 222
8 %
5 %
April Month ' s Supply of Inventory
4.6
-6% -17% -63% -61%
6.7
-53%
-44%
April Sale Price vs List Price Ratio
94.7 %
-. 7 %
. 0 %
-. 2 %
. 5 %
94.7 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 52 , up 57.6 % from 33 in April of 2016 and 5.5 % lower than the 55 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 185 are running 50.4 % ahead of last year ' s year-to-date sales of 123 .
60
50
40
Number of Properties Sold
3 Mo Avg
30
20
10
Prices The Median Sales Price in April was $ 257,500 , up 6.8 % from $ 241,000 in April of 2016 and down 6.7 % from $ 276,000 last month . The Average Sales Price in April was $ 315,837 , up 16.2 % from $ 271,764 in April of 2016 and up 0.4 % from $ 314,681 last month . April 2017 ASP was at a mid range compared to April of 2016 and 2015 .
32 26 24 32 29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 43 36 31 56 37 38 25 35 33 45 55 52
0
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 N D
J
F M A
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
400 380 360 340 320 300 280 260 240 220 200
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 N D
J
F M A
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of April was 239 , down 11.5 % from 270 last month and down 41.3 % from 407 in April of last year . April 2017 Inventory was at its lowest level compared with April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 4.6 months was at its lowest level compared with April of 2016 and 2015 .
450 400 350 300 250 200 150 100 50 0
294
285
M J
14
284 302 308
Total Inventory & Month ' s Supply of Inventory ( MSI )
328 325
287 318 301 307
343 376 373
J A S O N D J F M A M J
15
386 391 397 374 361 364
393
J A S O N D J F M A M J
16
400 400 407 420 408 409 387 382 390 367 351 328 322
270 239
J A S O N D J F M A 17
25.0 20.0 15.0 10.0 5.0 0.0
c o l d w e l l b a n k e r h o m e s . c o m | 185