FL ARCHIVED April 2017 | Page 145

PANAMA CITY BEACH

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
$ 1,495,000
-2%
9 %
Average List Price of all Current Listings
$ 1,814,826
-7%
12 %
April Median Sales Price
$ 1,150,000
-49% -21%
-10%
$ 1,462,500
-3%
15 %
April Average Sales Price
$ 1,351,667
-41% -21%
1 %
$ 1,713,333
14 %
28 %
Total Properties Currently for Sale ( Inventory )
23
-4%
-15%
April Number of Properties Sold
3
50 %
6
200 %
April Average Days on Market ( Solds )
149 -76% -53%
-17%
315
30 %
76 %
Asking Price per Square Foot ( based on New Listings )
$ 552
-3%
0 %
-14%
-9%
$ 553
6 %
-9%
April Sold Price per Square Foot
$ 481
-20% -9%
-14%
$ 527
-7%
-6%
April Month ' s Supply of Inventory
7.7 -36% -47%
0 %
-52%
14.6
32 %
-9%
April Sale Price vs List Price Ratio
89.5 % -6.9% -1.7%
-2.6%
91.1 %
-3%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales April Property sales were 3 , up from 0 in April of 2016 and 50.0 % higher than the 2 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 6 are running 200.0 % ahead of last year ' s year-todate sales of 2 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in April was $ 1,150,000 , up from $ 0 in April of 2016 and down 49.5 % from $ 2,275,000 last month . The Average Sales Price in April was $ 1,351,667 , up from $ 0 in April of 2016 and down 40.6 % from $ 2,275,000 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
3 Mo Avg 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 -1 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
2,200 2,000 1,800 1,600
0 0 0 0 0 0 0 0 0 1 2 1 0 0 0 1 2 0 0 0 0 2 0 0 2 0 2 2 0 3 1 2 0 1 2 3
Inventory & MSI The Total Inventory of Properties available for sale as of April was 23 , down 4.2 % from 24 last month and down 14.8 % from 27 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 7.7 months was at its lowest level compared with April of 2016 and 2015 .
1,400 1,200 1,000
40 35 30 25
40 20
35 15
30 10 255 200 15 10 5 0
23
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
14
15
16
17
23 24
23 23 24
M 14
26 26
23
23 22
Total Inventory & Month ' s Supply of Inventory ( MSI )
22 20 20 21
20 20 21
23 23
20
20 23 23 24 23 24
23 23 24 23 24 21 22
21 22 20 22 22 22
J
J
A S O N D J
F M A M J
J
A S O N D J
15
16
27 27 26 25
32
35
32 30 31
26
F M A 35.0 30.0 25.0 20.0 35.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0
F M A
15.0 10.0 5.0 0.0
24 24 24 23
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
20 22 22 22 27 27 26 25
32
35
32 30 31
26 24
F M A M J
J
A S O N D J
17
24 24 23
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