FL ARCHIVED July 2017 | Page 195

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

County : Okaloosa

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
$ 330,000
6 %
18 %
Average List Price of all Current Listings
$ 521,732
4 %
14 %
July Median Sales Price
$ 225,000
-6%
-4%
2 %
2 %
$ 228,500
6 %
4 %
July Average Sales Price
$ 280,768
-10% -7%
3 %
0 %
$ 297,623
8 %
6 %
Total Properties Currently for Sale ( Inventory )
1,591
-7%
-27%
July Number of Properties Sold
381 -31%
-5%
2,831
11 %
July Average Days on Market ( Solds )
81
-7% -10% -15% -21%
94
-10%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 170
0 %
0 %
6 %
3 %
$ 172
6 %
4 %
July Sold Price per Square Foot
$ 151
-4%
-5%
6 %
2 %
$ 159
10 %
8 %
July Month ' s Supply of Inventory
4.2
35 %
18 % -24% -29%
4.6
-30%
-22%
July Sale Price vs List Price Ratio
96.1 %
-. 6 % -. 2 % 1.1 % 1.4 %
95.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
July Property sales were 381 , down 4.8 % from 400 in July of
2016 and 31.2 % lower than the 554 sales last month . July 2017
Property sales were Sales at their lowest level compared to July of 2016 and
600
500
July
2015 Property . July YTD sales sales were of 381 2,831 , down are 4.8 running % from 11.5 400 % in ahead July of of last
2016 year and ' s year-to-date 31.2 % lower sales than of the 2,540 554 sales . last month . July 2017
500 sales were at their lowest level compared to July of 2016 and
400
2015 . July YTD sales of 2,831 are running 11.5 % ahead of last year ' s year-to-date sales of 2,540 .
400
300
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
333 340 363 259 347 243
Number of Properties Sold
100 0 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
3 Mo Avg The Median Sales Price in July was $ 225,000 , up 2.3 % from
350
Prices $ 219,950 in July of 2016 and down 6.1 % from $ 239,550 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in July Price was $ in 225,000 July was , up $ 280,768 2.3 % from , up 3.3 %
330
350 $ from 219,950 $ 271,669 in July in of 2016 July of and 2016 down and 6.1 down % from 9.7 $ % 239,550 from $ last 310,924 310 month . The Average Sales Price in July was $ 280,768 , up 3.3 %
330
last month . July 2017 ASP was at the highest level compared to 290 from $ 271,669 in July of 2016 and down 9.7 % from $ 310,924 310 July of 2016 and 2015 .
270 last month . July 2017 ASP was at the highest level compared to 290 250
July of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
A 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 1,591 Inventory , down 7.0 of % Properties from 1,710 available last month for sale and as down of July 27.4 % 3,000
12.0 was from 1,591 2,190 , down in July 7.0 % of from last 1,710 year . last July month 2017 and Inventory down 27.4 was % at its 3,000 12.0
2,500 10.0 from lowest 2,190 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its 2,500 10.0 lowest level compared with July of 2016 and 2015 . 2,000
8.0
2,000 8.0
1,500 6.0
1,500 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 higher MSI is better for buyers . The July 2017 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 4.2
500 2.0 of 2016 and 500
2.0 months 2015 . was at its lowest level compared with July of 2016 and 0
0.0 2015 .
0
0.0 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
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 14 15
16 17
14 15 16
17
295 387 388 399 466
333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 400 448 402 369 325 365 257 311 418 388 522 554 381
2,769 2,716 2,700 2,626 2,539 2,529 2,458 2,478 2,489 2,530 2,560 2,608 2,552 2,462 2,406 2,312 2,240
Number of Properties Sold
410 399 367
2,769 2,716 2,700 2,626 2,539 2,529 2,458 2,478 2,489 2,530 2,560 2,608 2,552 2,462 2,406 320 267 341 230
2,230 2,222 2,246 2,299 2,266 286 377 391 405 451 400 448
2,312 2,240 2,230 2,222 2,246 2,299 2,266 2,240 2,190 2,050 1,967
2,240 2,190 2,050 1,967 1,925 1,873 1,792 1,762 402 369 325 365 257
1,764 1,816 1,744 1,739 1,710 1,591
3 Mo Avg
311 418 388
1,925 1,873 1,792 1,762 1,764 1,816 1,744 1,739 1,710
3 Mo Avg
522
1,591 554 381
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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