FL ARCHIVED July 2017 | Page 185

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

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
$ 287,000
-3%
14 %
Average List Price of all Current Listings
$ 481,424
-1%
37 %
July Median Sales Price
$ 216,000
6 %
9 %
-12%
-1%
$ 207,500
-8%
-5%
July Average Sales Price
$ 329,049
52 %
36 %
38 %
19 %
$ 255,177
-12%
-8%
Total Properties Currently for Sale ( Inventory )
68
-8%
-53%
July Number of Properties Sold
10 -41%
25 %
78
13 %
July Average Days on Market ( Solds )
142
14 %
21 %
14 %
-5%
116
-18%
-22%
Asking Price per Square Foot ( based on New Listings )
$ 160
-28% -23%
1 %
-10%
$ 208
22 %
17 %
July Sold Price per Square Foot
$ 228
34 %
27 %
39 %
35 %
$ 178
-2%
5 %
July Month ' s Supply of Inventory
6.8
56 %
1 %
-62% -48%
7.6
-51%
-42%
July Sale Price vs List Price Ratio
93.6 %
. 5 %
-. 4 % -5.6% -. 4 %
94.4 %
-1%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
18
July Property sales were 10 , up 25.0 % from 8 in July of 2016 and 41.2 % lower than the 17 sales last month . July 2017 sales
16
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to July of 2016 and 2015 . July
18
14
July
YTD Property sales of sales 78 are were running 10 , up 13.0 25.0 % ahead from 8 of in last July year of 2016 ' s year-todate sales of 69 . and 41.2 % lower than the 17 sales last month . July 2017 sales
16
12
were at a mid level compared to July of 2016 and 2015 . July
14
10
YTD sales of 78 are running 13.0 % ahead of last year ' s year-todate sales of 69 .
12
8
10
6
8
4
6
2
4
0
2
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 M J
J
0
14
15
16
17
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 M J
J
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in July was $ 216,000 , down 12.5 % from
400
Prices
$ 246,794 in July of 2016 and up 5.9 % from $ 204,031 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was $ in 216,000 July was , down $ 329,049 12.5 %, from up 37.5 %
400
$ from 246,794 $ 239,234 in July of in 2016 July of and 2016 up 5.9 and % up from 51.5 $ 204,031 % from $ last 217,133 last
350
3 Mo Avg
month . . The July Average 2017 ASP Sales was Price at in the July highest was $ level 329,049 compared , up 37.5 to % July from $ 239,234 in July of 2016 and up 51.5 % from $ 217,133 last
350 of 2016 and 2015 .
300
month . July 2017 ASP was at the highest level compared to July
of 2016 and 2015 .
300
250
250 200
200
150
150
A
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 M J
S
14 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 A
17 M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 68 , down Inventory 8.1 % of from Properties 74 last available month and for sale down as 52.8 of July % from
was 14468 in , down July of 8.1 last % from year . 74 July last 2017 month Inventory and down was 52.8 at % its from lowest
160
144 level in July compared of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July of 2016 and 2015 .
40.0
35.0
30.0
25.0
140 120 100
80 A comparatively lower MSI is more beneficial for sellers while a 60 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 6.8 a
higher MSI is better for buyers . The July 2017 MSI of 6.8
40 months was at its lowest level compared with July of 2016 and months was at its lowest level compared with July of 2016 and 20 2015 . 2015 .
0

Panama Agent Name City Title Phone Website Other

Community Information | School District

160 140 120 100 80 60
86 86 87 84
40 20 0
A 14
7 86
4 86
7 87 57
8 84
5
67
69 57 2
67
69 85
75 3 6
98
75 93
7 4 7 8 5 2 3 6 8 8
8 85
8 98
11
109 111 93
A S O N D J F M A M J S O N D J F M A M J
14 15
15
11 11 7
11
Number of Properties Sold
7 14
109 112
12
14 12 14 9 6 14
124 109 119 111
124
133
119
109 138
112 138
139 133
150 138
149 138
144 139
127
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
14 9 6 14
8 8
8 8 150
11 14 8
11 149
14 144
8 127
13 113
113 107 102 98
16 107
90 87
J A S O N D J 17
13 102
13 16 13 9 8 7
9
98
72 75
8
90 82
7
87 74
J A S O N D J F M A M J
17
13 68
13 12 10 9
12
17 10
10
20.0 15.0 10.0 5.0 0.0
F M A M J J
72 75 82 74
3 Mo Avg
9 68
J
17 10
J
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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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