Market Action Report December 2017
Community Information | School District
Market Action Report December 2017
City : Panama City Beach
Price Range : All | Properties : SFH - Con
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 |
$ 476,500 |
9 % |
|
31 % |
|
|
|
|
Average List Price of all Current Listings |
$ 689,924 |
6 % |
|
26 % |
|
|
|
|
December Median Sales Price |
$ 305,000 |
-2% |
0 % |
-12% |
9 % |
$ 300,000 |
7 % |
7 % |
December Average Sales Price |
$ 302,076 |
-9% |
-21% -27% -14% |
$ 399,694 |
14 % |
14 % |
Total Properties Currently for Sale ( Inventory ) |
154 -12% |
-44% |
|
|
December Number of Properties Sold |
31 -24% |
29 % |
449 |
54 % |
December Average Days on Market ( Solds ) |
135 |
-9% |
-12% 34 % |
3 % |
144 |
10 % |
10 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 298 |
2 % |
6 % |
-1% |
8 % |
$ 283 |
2 % |
2 % |
December Sold Price per Square Foot |
$ 260 |
11 % |
4 % |
-2% |
9 % |
$ 251 |
5 % |
5 % |
December Month ' s Supply of Inventory |
5.0 |
16 % |
7 % |
-56% -60% |
5.7 |
-54% |
-54% |
December Sale Price vs List Price Ratio |
99.1 %
5.8 % 4.8 % 5.7 % 5.0 %
|
94.7 % |
0 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 31 , up 29.2 % from 24 in
December of 2016 and 24.4 % lower than the 41 sales last month . Property December Sales 2017 sales were at a mid level compared to December 60
December of 2016 and Property 2015 . sales December were 31 YTD , up 29.2 sales % of from 44924 are in running December 54.3 % ahead of 2016 of last and year 24.4 ' s % year-to-date lower than the sales 41 sales of 291 last . month . 50 December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 449 are running
40
54.3 % ahead of last year ' s year-to-date sales of 291 .
Panama City Agent NameBeach Title Phone Website Other
Community Information | School District
30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in December was $ 305,000 , down 11.6 %
Prices from $ 345,000 in December of 2016 and down 1.6 % from The $ 310,000 Median last Sales month Price . in The December Average was Sales $ 305,000 Price in , down December 11.6 % was
600 from $ 302,076 $ 345,000 , down in December 27.1 % from of $ 2016 414,110 and in down December 1.6 % from of 2016 and $ down 310,000 8.6 last % from month $ 330,434 . The Average last month Sales Price . December in December 2017 ASP was was 550 $ at 302,076 the lowest , down level 27.1 compared % from $ 414,110 to December in December of 2016 of 2016 and 2015 and . 500 down 8.6 % from $ 330,434 last month . December 2017 ASP was
450 at the lowest level compared to December of 2016 and 2015 .
400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 154 of , down Properties 12.0 % available from 175 for last sale month as of and down December 43.8 % from was 274 154 , in down December 12.0 % from of last 175 year last . month December and 2017 down
350
43.8 Inventory % from was 274 in at December its lowest level of last compared year . December with December 2017 of 300 Inventory 2016 and was 2015 at . its lowest level compared with December of 250 2016 and 2015 .
200
A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 5.0 100
higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 5.0 of 201650 months and 2015 was . at its lowest level compared with December of 2016 and 2015 .
0
20
10
0
350 300 250 200
10
0 |
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 M J |
J |
A |
S O N D |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
|
J
F M A M J
15
|
J |
A |
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
|
S O N D |
3 Mo Avg |
|
600
550
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
500 |
|
|
450 |
|
|
400 |
|
|
350 |
|
|
300 |
|
|
250 |
|
|
200 |
|
|
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 M J |
J |
A S O N D |
J |
15
F M A M J
|
J |
A S O N D |
J |
16
F M A M J
|
J |
A S O N D |
J |
17
F M A M J
|
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
350 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
25.0 |
300 |
25.0 |
20.0 |
250 |
20.0 |
|
200 |
|
15.0 |
150 |
15.0 |
10.0 |
100 |
10.0 |
|
50 |
5.0 |
5.0 |
|
0
0.0
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 M J
J
A S O N D
J
F M A 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
15
16
17
15
16
17
|
0.0 |
11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 22 35 20 21 46 23 25 16 24 28 34 47 42 48 37 31 39 35 36 41 31
254 241
11 254
23 241
36 240
240 260 275
24 260
29 275
281 282
22 281
22 282
296 294
21 296
278 266
27 294
40 278
26 266
264 266 271
35 264
12
266
269 269
21
271 269
26
262 251
269 22
262 35
266
267 251
20 266
21 267
281 296 288
46 281
23 296
274 262
25 288
16 274
256 230
24 262
28 256
218 219
34 230
47 218
215 204 194
42 219
48
215
184 171
37
204 194
31
175 154
184 39
171 35
175 36
154 41 31
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 185