FL ARCHIVED June 2017 - Page 183

Bay County Community Information | School District

Bay County Community Information | School District

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
$ 365,900
0 %
18 %
Average List Price of all Current Listings
$ 560,357
3 %
26 %
June Median Sales Price
$ 269,000
1 %
2 %
5 %
5 %
$ 260,000
2 %
2 %
June Average Sales Price
$ 358,368
-2%
6 %
11 %
13 %
$ 325,569
5 %
2 %
Total Properties Currently for Sale ( Inventory )
255
-7%
-37%
June Number of Properties Sold
47 -15%
31 %
288
43 %
June Average Days on Market ( Solds )
143
1 %
-4%
11 %
4 %
144
-3%
5 %
Asking Price per Square Foot ( based on New Listings )
$ 273
5 %
3 %
22 %
17 %
$ 256
15 %
10 %
June Sold Price per Square Foot
$ 223
-5%
-2%
3 %
5 %
$ 225
8 %
6 %
June Month ' s Supply of Inventory
5.4
9 %
6 %
-52% -54%
6.3
-51%
-47%
June Sale Price vs List Price Ratio
94.8 %
. 0 %
-. 2 % -. 1 %
. 6 %
94.8 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 47 , up 30.6 % from 36 in June of 2016 and 14.5 % lower than the 55 sales last month . June 2017 sales were at their highest level compared to June of 2016 and 2015 . June YTD sales of 288 are running 42.6 % ahead of last year ' s year-to-date sales of 202 .
60
50
40
Number of Properties Sold
3 Mo Avg
30
20
10
Prices The Median Sales Price in June was $ 269,000 , up 4.7 % from $ 257,000 in June of 2016 and up 0.7 % from $ 267,000 last month . The Average Sales Price in June was $ 358,368 , up 11.2 % from $ 322,209 in June of 2016 and down 2.0 % from $ 365,844 last month . June 2017 ASP was at the highest level compared to June of 2016 and 2015 .
0
400 380 360 340 320 300 280 260 240 220 200
24 32 29 24 30 31 14 28 45 36 39 36 37 29 45 53 42 42 18 38 34 33 43 36 31 56 37 38 25 35 33 45 55 53 55 47
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
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of June was 255 , down 6.6 % from 273 last month and down 37.3 % from 407 in June of last year . June 2017 Inventory was at its lowest level compared with June of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2017 MSI of 5.4 months was at its lowest level compared with June of 2016 and 2015 .
450 400 350 300 250 200 150 100 50 0
283 301 306 326 323
Total Inventory & Month ' s Supply of Inventory ( MSI )
285 316 299 305
341 374
J
A S O N D J
F M A M J
14
15
371 384 389 395 372 359 362
391
J A S O N D J F M A M J
16
398 398 406 419 407 409 387 382 391 368 354 334 330 284 266 273 255
J A S O N D J F M A M J 17
25.0 20.0 15.0 10.0 5.0 0.0
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