FL ARCHIVED May 2018 | Page 184

Market Action Report
May 2018
County: Bay COUNTY
BAY
Agent Name
Title
Phone
Website
Other
3 Mo Avg
May 2018
Title
Phone
Agent
Name
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other -1%
$1,410,000
-6%
Market Profile & Trends Overview
Median
List Price
all Current
Listings
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
1,200
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,706,583 2% Trending -13%
Month
LM -100%
L3M PYM -100%
LY
YTD
Prior
Year
$0 -100%
$1,375,000
0% YTD Prior
-28%
$1,410,000
-1% -100% -6% -100% $1,375,000
$0 -100%
0%
-28%
Average
List Price Currently
of all Current
Listings
$1,706,583 6 -14%
2%
-13%
Total Properties
for Sale
(Inventory)
-14%
May
Median
Sales
Price
$0
-100%
-100%
-100% $1,375,000 1
0%
-28%
May Number of Properties Sold
0 -100%
0%
May
Average
Sales
Price
$0
-100%
-100%
-100%
$1,375,000
0%
-28%
May Average Days on Market (Solds)
0 -100% -100%
-100%
30
0%
-91%
Total
Properties
Currently
for
Sale
(Inventory)
6
-14%
-14%
Asking Price per Square Foot (based on New Listings)
$0 -100% -100% -100% -100%
$402
-5%
10%
May
of Properties
0%
May Number
Sold Price
per Square Sold
Foot
$0 0 -100%
-100% -100%
-100%
$329 1
0%
-24%
May
on of
Market
(Solds)
0 -100%
30
0%
-91%
May Average
Month's Days
Supply
Inventory
0.0
-100% -100%
-100% 0% -100%
-100%
7.0
0%
27%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$0
-100%
-100%
-100%
-100%
$402
-5%
10%
May Sale Price vs List Price Ratio
0.0% -100.0% -100.0%
-100.0%
86.0%
0%
2%
* LM=Last
Month
/ L3M=Last
Months / PYM=Same
May
Sold
Price
per 3 Square
Foot Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
$0 -100% -100%
-100%
$329
0%
-24%
May Month's Supply of Inventory
0.0 -100% -100% 0%
-100% of Properties
7.0 Sold
0%
27%
Number
May
Sale Price
vs List Price Ratio
0.0% -100.0% -100.0%
-100.0%
86.0%
0%
2%
Property
Sales
Average List Price of all Current Listings
Market
Profile
& Price
Trends Overview
May Median
Sales
Median
List Price
of Price
all Current Listings
May Average
Sales
1,000
800
600
400
223
200
120
89
0
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
15
16
17
18
Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
750
3 Mo Avg
1
700
* LM=Last
Month / L3M=Last
Months 0,
/ PYM=Same
Month
Prior
Year of
/ LY=Last
May Property
sales 3 were
up from
0 in
May
2017 Year
and (2017) / YTD = Year-to-date
650
600
533
550
492
500
450
400
352
350
100.0% lower than the 1 sales last month. May 2018 sales were
at their lowest level compared to May of 2017 and 2016. May
Property
Sales
YTD sales of
1 are running ahead of last year's year-to-date sales
May
of 0. Property sales were 0, up from 0 in May of 2017 and
100.0% lower than the 1 sales last month. May 2018 sales were
at their lowest level compared to May of 2017 and 2016. May
YTD sales of 1 are running ahead of last year's year-to-date sales
of 0.
Number of Properties Sold
1
3 Mo Avg
1
1
1
1
1 0
Median Sales Price and Average Sales Price
0
Prices
The Median Sales Price in May was $0, up from $0 in May of
2017 and down 100.0% from $1,375,000 last month. The
Average Sales Price in May was $0, up from $0 in May of 2017
Prices
and down 100.0% from $1,375,000 last month. May 2018 ASP
The
Price
in May to
was
$0,
from
in May of
was Median
at a mid Sales
range
compared
May
of up
2017
and $0
2016.
2017 and down 100.0% from $1,375,000 last month. The
Average Sales Price in May was $0, up from $0 in May of 2017
and down 100.0% from $1,375,000 last month. May 2018 ASP
was at a mid range compared to May of 2017 and 2016.
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
15
16
17
18
Avg Selling Price divided by Avg Listing Price for sold properties during the month
0 0
3 Mo Avg
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
120%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
100%
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The May 2018 Selling Price vs Original List
Price of 94.7% was up from 86.0% last month and up from 93.1% 80%
in May of last year.
60%
0 0
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
15
16
17
18
1 0
300
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The May 2018 Selling Price per Square Foot of $533 was up
61.9% from $329 last month and up 8.3% from 492 in May of
last year.
Agent Name
Market Time
City: Panama City
PANAMA
CITY
Market Action Report
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for May was 223, up 643.3% from 30
days last month and up 85.8% from 120 days in May of last year.
The May 2018 DOM was at a mid level compared with May of
2017 and 2016.
May 2018
City: Panama Information
City
Community
| School District
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Action Report
3 Mo Avg
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
93.1%
15
16
17
18
0 2,800
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
2,200
2,800
2,000
2,600
40%
1,800
2,400
1,600
20%
2,200
1,400
2,000
1,200
0%
1,800
1,000
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
1,600
15
16
17
18
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
1,400 15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
1,200
This last view of the market combines monthly inventory of
40
1,000
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
Properties for sale along with New Listings and Sales. The graph
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
The Total Inventory of Properties available for sale as of May
35
shows the basic annual seasonality of the market as well as the
8.0
15
16
17
18
was 6, down 14.3% from 7 last month and down 14.3% from 7 in 8
relationship between these items. The number of New Listings
30
7
7.0
May of last year. May 2018 Inventory was at a mid level
in May 2018 was 1, down 85.7% from 7 last month and down
25
compared with
May of 2017 and 2016.
6
6.0
Total Inventory & Month's Supply of Inventory (MSI)
75.0% from 4 in May of last year.
Inventory
& MSI
The Total Inventory of Properties available for sale as of May
5
5.0
20
8.0
was 6, down 14.3% from 7 last month and down 14.3% from 7 in 8 4
4.0
15
7
7.0
May of last year. May 2018 Inventory was at a mid level
3
3.0
A comparatively
lower
MSI and
is more
beneficial for sellers while a 6
compared
with May
of 2017
2016.
6.0
10
2
2.0
higher MSI is better for buyers. The May 2018 MSI of 0.0
5
5.0
5
1
1.0
months was at a mid level compared with May of 2017 and 2016.
4
4.0
0
0.0
0
3
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 3.0
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
A comparatively lower MSI is more beneficial for sellers while a
2 15
2.0
16
17
18
15
16
17
18
higher MSI is better for buyers. The May 2018 MSI of 0.0
1.0
months was at a mid level compared with May of 2017 and 2016. 1
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
0
0.0
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 REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate ac
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
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.
15
16
17
18
94.7%
93.7%
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 REA
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.
184 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Coldwell Banker Global Luxury ® | 185
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 REA
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.