FL ARCHIVED April 2017 | Page 151

Market Action Report April 2017 OKALOOSA COUNTY County: Okaloosa Market Action Report Agent Name April 2017 Title Phone Agent Name Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month $1,599,000 7% Other 0% Community Information | School District County: Okaloosa Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings Price Range: $1,000,000 and Up | Properties: SFH - Con Trending versus*: Prior YTD Prior Year YTD $1,923,920 -0% Trending versus*: 2% Trending versus*: $1,100,000 -8% -11% $1,200,000 -21% -12% Month -48% LM L3M PYM -19% LY YTD Prior YTD Prior Year $1,599,000 0% -19% -10% 7% -29% $1,495,648 $1,213,200 -34% -22% -12% Average List Price Currently of all Current Listings $1,923,920 2% Total Properties for Sale (Inventory) 141 -0% -2% -18% April Price $1,100,000 -12% April Median Number Sales of Properties Sold 10 -48% 233% -8% -11% 11% -19% $1,200,000 27 -21% 17% April $1,213,200 -12% April Average Average Sales Days Price on Market (Solds) 178 -34% 107% -19% 9% -10% 23% -29% -15% $1,495,648 164 -22% 29% -22% Total Properties for Sale (Inventory) 141 -18% -2% -9% -18% Asking Price per Currently Square Foot (based on New Listings) $435 5% 0% $479 9% 10% A pril of Properties 10 233% 27 17% April Number Sold Price per Square Sold Foot $367 -24% -12% 11% -9% -10% $417 -2% 2% April on of Market (Solds) 178 107% 9% -27% 23% -15% 164 -30% 29% -22% April Average Month's Days Supply Inventory 14.1 -71% -54% -56% 26.5 -18% Asking Price per vs Square Foot Ratio (based on New Listings) $435 -18% -9% -9.3% 5% -.3% 0% $479 9% 10% April Sale Price List Price 88.1% -2.7% -2.7% 90.6% -2% 2% * LM=Last Month Price / L3M=Last / PYM=Same April Sold per 3 Months Square Foot Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date $367 -24% -12% -9% -10% $417 -2% 2% April Month's Supply of Inventory 14.1 -71% -54% -27% -56% 26.5 -30% -18% Number of Properties Sold April Sale Price vs List Price Ratio 88.1% -2.7% -2.7% -9.3% -.3% 90.6% -2% 2% Property Sales 12 Average List Price of all Current Listings April Median Sales Price Market Profile & Trends Overview Median List Price of all Current Listings April Average Sales Price 3 Mo Avg * LM=Last Month / L3M=Last 3 Months PYM=Same Month from Prior Year / LY=Last (2016) / YTD = Year-to-date April Property sales were / 10, up 11.1% 9 in April Year of 2016 and 233.3% higher than the 3 sales last month. April 2017 sales 10 were at their highest level compared to April of 2016 and 2015. April YTD sales of 27 are running 17.4% ahead of last year's year- 12 Property Sales 8 to-date sales of sales 23. were 10, up 11.1% from 9 in April of 2016 April Property and 233.3% higher than the 3 sales last month. April 2017 sales 10 6 were at their highest level compared to April of 2016 and 2015. April YTD sales of 27 are running 17.4% ahead of last year's year- 8 4 to-date sales of 23. Number of Properties Sold 3 Mo Avg 5 2 Median Sales Price and Average Sales Price 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 2 Prices 4 0 6 2 3 Mo Avg 0 The Median Sales Price in April was $1,100,000, down 11.2% 4,500 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 from $1,238,500 in April of 2016 and down 48.2% from 14 15 16 17 $2,125,000 last month. The Average Sales Price in April was 4,000 $1,213,200, down 10.2% from $1,351,222 in April of 2016 and Median Sales Price and Average Sales Price Prices 3 Mo Avg down 34.1% Sales from Price $1,841,667 last month. April 2017 was at 3,500 The Median in April was $1,100,000, down ASP 11.2% 4,500 the lowest level compared to April of 2016 and 2015. 3,000 from $1,238,500 in April of 2016 and down 48.2% from $2,125,000 last month. The Average Sales Price in April was 4,000 2,500 $1,213,200, down 10.2% from $1,351,222 in April of 2016 and down 34.1% from $1,841,667 last month. April 2017 ASP was at 3,500 2,000 the lowest level compared to April of 2016 and 2015. 3,000 1,500 2,500 1,000 2,000 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 1,500 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 14.1 months was at its lowest level compared with April of 2016 and 2015. Total Inventory & Month's Supply of Inventory (MSI) 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 200 180.0 14 15 16 17 160.0 140.0 150 Total Inventory & Month's Supply of Inventory (MSI) 120.0 100.0 200 180.0 100 80.0 160.0 60.0 140.0 150 50 40.0 120.0 20.0 100.0 100 0 0.0 80.0 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 60.0 15 16 17 50 14 40.0 The Total Inventory of Properties available for sale as of April was 141, down 2.1% from 144 last month and down 18.5% from 173 in April of last year. April 2017 Inventory was at its lowest A comparatively lower MSI more beneficial level compared with April of is 2016 and 2015. for sellers while a higher MSI is better for buyers. The April 2017 MSI of 14.1 months was at its lowest level compared with April of 2016 and 2015. 1,000 Inventory & MSI The Total Inventory of Properties available for sale as of April was 141, down 2.1% from 144 last month and down 18.5% from 173 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. Inventory & MSI 20.0 0.0 0 M J and J Up A | S Property O N Types: D J SFH F - M Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 Con 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 Association of REALTORS, 15 17 Beaches, Space Coast Association of REA Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami My Florida Regional MLS, Naples Area Board of 16 REALTORS, REALTORS Association of the Palm does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con Coldwell Banker Global Luxury SM | 151 Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REA does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.