FL ARCHIVED January 2018 | Page 183

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

City : Panama City

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
$ 238,900
1 %
-4%
Average List Price of all Current Listings
$ 395,438
8 %
5 %
January Median Sales Price
$ 227,950
46 %
14 %
-4%
9 %
$ 227,950
-4%
9 %
January Average Sales Price
$ 232,426
39 %
5 %
-9%
-11%
$ 232,426
-9%
-11%
Total Properties Currently for Sale ( Inventory )
82
2 %
-15%
January Number of Properties Sold
14 -13%
100 %
14
100 %
January Average Days on Market ( Solds )
72 -16% -17% -17% -33%
72
-17%
-33%
Asking Price per Square Foot ( based on New Listings )
$ 165
-2%
-1% -21% -11%
$ 165
-21%
-11%
January Sold Price per Square Foot
$ 126
-23% -19% -19% -27%
$ 126
-20%
-27%
January Month ' s Supply of Inventory
5.9
17 %
4 %
-58% -21%
5.9
-58%
-21%
January Sale Price vs List Price Ratio
94.4 %
-. 1 % -. 5 % -1.3% -. 5 %
94.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 14 , up 100.0 % from 7 in January of
2017 and 12.5 % lower than the 16 sales last month . January Property 2018 sales Sales were at their highest level compared to January of 20
January 2017 and Property 2016 . sales January were YTD 14 , up sales 100.0 of % 14 from are running 7 January 100.0 of % 18 2017 ahead and of 12.5 last % year lower ' s year-to-date than the 16 sales sales last of month 7 . . January 2018 sales were at their highest level compared to January of 16 2017 and 2016 . January YTD sales of 14 are running 100.0 % 14 ahead of last year ' s year-to-date sales of 7 .
12

Panama Agent Name City Title Phone Website Other

Community Information | School District

10
20 18 16 14 12 10 8 6
3 6 8 8 11 11 7
Number of Properties Sold
8
4
6
2
4
0
2
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
0
15
16
17
18
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
Prices
Median Sales Price and Average Sales Price
15
16
17
18
3 Mo Avg
The Median Sales Price in January was $ 227,950 , down 4.3 %
600
Prices from $ 238,162 in January of 2017 and up 45.6 % from $ 156,581
Median Sales Price and Average Sales Price
3 Mo Avg
The last Median month Sales . The Price Average in January Sales Price was $ in 227,950 January , down was 4.3 $ 232,426 % ,
550
600 from down $ 238,162 8.9 % from in January $ 255,189 of 2017 in January and up of 45.6 2017 % from and up $ 156,581 38.6 %
500 last month . The Average Sales Price in January was $ 232,426 ,
550 from $ 167,720 last month . January 2018 ASP was at a mid
450 down 8.9 % from $ 255,189 in January of 2017 and up 38.6 %
500 range compared to January of 2017 and 2016 .
400 from $ 167,720 last month . January 2018 ASP was at a mid
450
350 range compared to January of 2017 and 2016 .
400
300
350
250
300
200
250
150
200
150
100
100
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
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 82 , up of 2.5 Properties % from 80 available last month for sale and as down of 15.5 %
January from 97 was in January 82 , up 2.5 of % last from year 80 . last January month 2018 and down Inventory 15.5 % was at
180 from its lowest 97 in January level compared of last year with . January 2018 of 2017 Inventory and 2016 was . at
160 its lowest level compared with January of 2017 and 2016 .
140
120
100
A comparatively lower MSI is more beneficial for sellers while a
80
A comparatively lower MSI is more beneficial for sellers while a
60 higher MSI is better for buyers . The January 2018 MSI of 5.9 higher MSI is better for buyers . The January 2018 MSI of 5.9
40 months was at its lowest level compared with January of 2017 months was at its lowest level compared with January of 2017
20 and 2016 . and 2016 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
180
160
140
120
100
80
60
40
20
0
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
M A J
F M A M J
F M A M J
15
16
17
25.0
20.0
15.0
10.0
5.0
0.0
J A S O N D J
18
25.0
20.0
15.0
10.0
5.0
0.0
71
F 15
77 3
71 87 6 8 8 11 11 7 14 12 14
14 12 14 9 6 15
77 99
94 87
110 99
112 94
126 110
121 112 111 126
114
121 136 111
142 114
142 136
143 142 154 142 153 147
143
131 154
117 153
113 147
108 131
104 117
97 113
94 108
J A S O N D J
16
9 6
Number of Properties Sold
15
8 7
8 7 12
12 16 8
16 8 13 16
J A S O N D J 17
14
13 16 14 9 8 7 9 8 7 13 13 10 10 19 18
3 Mo Avg
12
13 13 10 10 19 18 12 13 13 14 16 14
81 104
86 97
95 94 90
81 87 86
92
95 103 90
90 87
85 92
80 103
82 90
J A S O N D J 18
13 85
13 80
3 Mo Avg
14
82 16 14
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 Ass 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 .
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