FL ARCHIVED April 2018 | Page 182

Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
Market
Profile
& Trends
April Median
Sales
Price Overview
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Sale Price vs List Price Ratio
97%
96.0%
95.6%
96%
94.8%
95%
Prices
The Median Sales Price in April was $234,750, up 23.7% from
Prices
$189,850 in April of 2017 and down 2.2% from $240,085 last
The
Median
Sales
Price Sales
in April
was in
$234,750,
up $316,424,
23.7% from
month.
The
Average
Price
April was
up
600
$189,850
in April
of 2017 in and
down
2.2% and
from
last
55.1% from
$204,060
April
of 2017
up $240,085
11.8% from
550
month.
The
Average
Sales
Price
in
April
was
$316,424,
up
$283,091 last month. April 2018 ASP was at the highest level
500
55.1%
from
$204,060
in
April
of
2017
and
up
11.8%
from
compared to April of 2017 and 2016.
94%
93%
92%
91%
$283,091 last month. April 2018 ASP was at the highest level
compared to April of 2017 and 2016.
90%
89%
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
15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
300
350
400
450
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in April 2018 was 102, up 3.0% from 99 last month and up 41.7%
from 72 in April of last year.
Inventory & MSI
450
400
350
300
250
200
150
100
10
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
15
16
17
18
0
5
0
15
5
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
20
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to co me down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The April 2018 Selling Price vs Original List
Price of 96.0% was up from 95.4% last month and up from
94.8% in April of last year.
10
3 Mo Avg
3 Mo Avg
25
Selling Price versus Listing Price Ratio
20
15
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
15
16
17
18
Selling Price vs Original Listings Price
25
Number of Properties Sold
30
sales were at their highest level compared to April of 2017 and
2016. April YTD sales of 86 are running 100.0% ahead of last
year's year-to-date sales of 43.
3 Mo Avg
35
209
April Property sales were 30, up 200.0% from 10 in April of
2017 and 36.4% higher than the 22 sales last month. April 2018
Property
sales were Sales
at their highest level compared to April of 2017 and 35
April
Property
sales sales
were of
30,
200.0%
from
10 in April
of of last
2016.
April YTD
86 up are
running
100.0%
ahead
2017
and
36.4% higher
than of the
year's
year-to-date
sales
43. 22 sales last month. April 2018 30
222
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
227
-5%
1%
-2%
-39%
0%
$186 3% 10% 16% 7%
$169
-1%
-2%
3.6 -18% -12% -59% -53%
4.7 -48%
-39%
Number of 95.1%
Properties
96.5% 3.2% 1.5% 1.9% 1.7%
0% Sold 0%
April Month's Supply of Inventory
250
240
230
220
210
200
190
180
170
160
150
April Sale Price vs List Price Ratio
April Sold Price per Square Foot
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
3 Mo Avg
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The April 2018 Selling Price per Square Foot of $222 was down
4.5% from $233 last month and down 2.3% from 227 in April of
last year.
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
April Average Days on Market (Solds)
-1%
86
9%
103
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
15
16
17
18
13%
100%
-12% 7%
-2%
$184
-14%
86 100%
7%
$169
-1%
103 -12%
-5%
-53%
4.7 -48%
$184
-14%
1%
1.7%
95.1%
0%
0
$235,788
$278,125
-16%
50
Trending versus*:
Prior YTD -1%
Prior Year 13%
12% YTD
$235,788
22%
$278,125
9%
7%
80
100
Trending versus*:
Prior YTD Prior Year
YTD
143
135
150
Trending versus*:
L3M PYM
LY
$241,581
-9%
-7%
Other
$375,246 Trending
-7% versus*:
-11%
Month
LM -2%
L3M 0%
PYM 24%
LY
$234,750
$241,581
-9% 12% 14%
-7% 55%
$316,424
$375,246 108
-7% 11% -11% 24%
$234,750 -2%
0% 24% 200%
12%
30 36%
$316,424 12%
14%
55%
22%
91 -37% -12% -32%
108 11%
24%
$179 -17% -3% -24%
30 36%
200%
$186 3% 10% 16%
91 -37% -12% -32% -16%
3.6 -18% -12% -59%
$179 -17% -3% -24% -2%
96.5% 3.2% 1.5% 1.9%
Average List Price of all Current Listings
200
LM
250
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 80, down 13.0% from 92
days last month and down 44.1% from 143 days in April of last
year. The April 2018 DOM was at its lowest level compared with
April of 2017 and 2016.
3 Mo Avg
Days On Market for Sold Properties
April 2018
Community Information | School District
City: Panama City
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Panama City
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Panama City
April 2018
Agent Name
Bay County
Market Action Report
County: Bay
April 2018
Market Action Report
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
15
16
17
18
600
550
500
450
400
350
300
250
200
150
100
Median Sales Price and Average Sales Price
3 Mo Avg
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
16 A M J J A S O N D J F M 17
M J 15 J A S O N D J F M
A M J J A S O N D J F M A 18
15
16
17
18
Total Inventory & Month's Supply of Inventory (MSI)
15
182 | c o l d w e l l b a n k e r h o m e s . c o m
16
Copyright
© Coldwell
Banker
Residential
Estate
/ Coldwell
Banker
United,
Realtors
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Residential
Real Real
Estate
/ Coldwell
Banker
United,
Realtors
| Price | Range:
All | Property
Types: SFH
- Con
17
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of April
180
25.0
was Total
108, Inventory
up 11.3% of
from
97 last available
month and
24.1%
The
Properties
for up
sale
as of from
April 87 in
200
25.0
180 160
April
of
last
year.
April
2018
Inventory
was
at
a
mid
level
was
108,
up
11.3%
from
97
last
month
and
up
24.1%
from
87
in
150
20.0
160 140
April
of last year.
April of
2018
Inventory
was at a mid level
compared
with April
2017
and 2016.
20.0
100
140
120
compared with April of 2017 and 2016.
15.0
120 100
50
15.0
100 80
0
10.0
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
A comparatively lower MSI is more beneficial for sellers while a 80 60
10.0
60 40
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
15
16
17
18
MSI is better for buyers. The April 2018 MSI of 3.6
5.0
higher
MSI
is better
for buyers.
April 2018
of of
3.6 2017 and 40 20
5.0
months
was
at its lowest
level The
compared
with MSI
April
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
20
months
0
0.0
2016. was at its lowest level compared with April of 2017 and
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTO R 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 REALTORS, Flagler County Association
0.0 real estate activity.
2016. of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR 0 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant
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
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.
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
15
16
17
18
250
C
18
c o l dw el l b a n k er h o m es . c o m
| 183
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Ass
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.