FL ARCHIVED December 2017 | Page 143

Market Action Report December 2017

DESTIN

City : Destin

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,594,500
-1%
4 %
Average List Price of all Current Listings
$ 1,948,126
1 %
4 %
December Median Sales Price
$ 1,500,000
25 %
8 %
-28%
8 %
$ 1,345,000
-9%
-3%
December Average Sales Price
$ 1,814,800
23 %
17 % -13%
4 %
$ 1,634,792
-7%
-7%
Total Properties Currently for Sale ( Inventory )
135
-2%
-2%
December Number of Properties Sold
5 -29%
150 %
95
40 %
December Average Days on Market ( Solds )
229
15 %
27 % -20%
4 %
245
11 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 398
-22%
-9%
-9%
-9%
$ 453
4 %
3 %
December Sold Price per Square Foot
$ 470
10 %
11 %
6 %
11 %
$ 444
6 %
5 %
December Month ' s Supply of Inventory
27.0
37 %
36 % -61% -19%
21.5
-35%
-35%
December Sale Price vs List Price Ratio
89.5 % -1.1% 1.6 % -. 6 %
. 7 %
88.7 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
4 2
1,000 Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) 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
The Total Inventory of Properties available for sale as of 15
16 17
December was 135 , down 2.2 % from 138 last month and down 180
90.0
2.2 % from 138 in December of last year . December 2017 160 80.0
Inventory was & at MSI its lowest level compared with December of 140 Total Inventory & Month ' s Supply of Inventory ( MSI )
70.0
The 2016 Total and Inventory 2015 . of Properties available for sale as of 120 60.0
December was 135 , down 2.2 % from 138 last month and down
180 100
50.0 90.0
2.2 % from 138 in December of last year . December 2017 160 80
40.0 80.0
Inventory A comparatively was at its lower lowest MSI level is more compared beneficial with for December sellers while of a
140 60
30.0 70.0
2016 higher and MSI 2015 is better . for buyers . The December 2017 MSI of
120 40
20.0 60.0
27.0 months was at a mid level compared with December of 100 20
10.0 50.0
2016 and 2015 . 800
40.0 A comparatively lower MSI is more beneficial for sellers while a 60 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 30.0 higher MSI is better for buyers . The December 2017 MSI of 40 15
16 17
20.0
27.0 months was at a mid level compared with December of 20 10.0
2016 and 2015 . 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17 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 REALT
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 .
158 160
8
Agent Name
Title Phone Website Other
2
157 156
7
147 9 4
148
153 4 3
158
161 4 7
155 151
7
Number of Properties Sold
Property Sales
16
December Property sales were 5 , up 150.0 % from 2 in December
of 2016 and 28.6 % lower than the 7 sales last month . December
14
Number of Properties Sold
3 Mo Avg
2017 sales were at a mid level compared to December of 2016
Property Sales and 2015 . December YTD sales of 95 are running 39.7 % ahead
December Property sales were 5 , up 150.0 % from 2 in December of last year ' s year-to-date sales of 68 . of 2016 and 28.6 % lower than the 7 sales last month . December
12
16
10
14
2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 95 are running 39.7 % ahead of last year ' s year-to-date sales of 68 .
8
12
6
10
4
8
2
6
0
4
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
2
15
16
17
Prices
The Median Sales Price in December was $ 1,500,000 , down
28.1 % from $ 2,087,500 in December of 2016 and up 25.0 %
0
4,500
J
F M A M J
15
J
Median Sales Price and Average Sales Price
A
S O N D
J
F M A M J
J
A
S O N D
J
F M A M J
16
17
J
A
3 Mo Avg
S O N D
from $ 1,200,000 last month . The Average Sales Price in
Prices
December was $ 1,814,800 , down 13.1 % from $ 2,087,500 in
The
December Median of Sales 2016 Price and up in December 23.4 % from was $ 1,470,571 $ 1,500,000 last , month down .
28.1
December % from 2017 $ 2,087,500 ASP was in at December a mid range of 2016 compared and up to December 25.0 % from of 2016 $ 1,200,000 and 2015 . last month . The Average Sales Price in
December was $ 1,814,800 , down 13.1 % from $ 2,087,500 in
December of 2016 and up 23.4 % from $ 1,470,571 last month .
December 2017 ASP was at a mid range compared to December
4,000
3,500
4,500
3,000
4,000
2,500
3,500
2,000
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
of 2016 and 2015 .
1,500
2,500
1,000
2,000
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
1,500
15
16
17
158 160 157 156 147 148 153 158 161 155 151
2
145 142
7
145 142 145 145
4
152 159
9
152 159
4
162 159
162
159 8 7
154 150
154
150 8 6
144 146
4
144 146 143
143 7 2
138 127
138
127 9 5
134 133
134
133 4 10
127 129
127 129
4 2 8 2 7 9 4 4 3 4 7 7 2 7 4 9 4 8 7 8 6 4 7 2 9 5 4
11 11
133 133 132
133 133
4 132
15
10 11 11 4 15
136 140
3
136 140
3
3 Mo Avg
11 11
138 135
138 135
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