FL ARCHIVED September 2017 | Page 193

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 327,000
1 %
9 %
Average List Price of all Current Listings
$ 528,987
3 %
12 %
September Median Sales Price
$ 215,000
-8%
-6%
-3%
-2%
$ 227,000
3 %
3 %
September Average Sales Price
$ 286,185
-9%
-5%
1 %
1 %
$ 298,537
6 %
6 %
Total Properties Currently for Sale ( Inventory )
1,523
-5%
-22%
September Number of Properties Sold
373 -23%
-6%
3,702
9 %
September Average Days on Market ( Solds )
86
-7%
-2%
-23% -16%
93
-10%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 180
5 %
5 %
7 %
9 %
$ 173
5 %
5 %
September Sold Price per Square Foot
$ 153
-4%
-1%
5 %
4 %
$ 159
9 %
7 %
September Month ' s Supply of Inventory
4.1
23 %
5 %
-17% -30%
4.4
-27%
-25%
September Sale Price vs List Price Ratio
95.4 %
. 0 %
-. 6 % 1.0 %
. 6 %
95.8 %
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
September Property sales were 373 , down 5.8 % from 396 in
September of 2016 and 22.9 % lower than the 484 sales last
Property month . September Sales 2017 sales were at a mid level compared to
600
500
September Property of 2016 sales and were 2015 . 373 September , down 5.8 YTD % from sales 396 of in 3,702 are
September running 8.8 of % 2016 ahead and of 22.9 last % year lower ' s than year-to-date the 484 sales last of 3,403 .
500 month . September 2017 sales were at a mid level compared to
400
September of 2016 and 2015 . September YTD sales of 3,702 are running 8.8 % ahead of last year ' s year-to-date sales of 3,403 .
400
300
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200
100
363 258 347 243 293 387
Number of Properties Sold
100 0
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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in September was $ 215,000 , down 2.6 % 350
Prices from $ 220,719 in September of 2016 and down 8.1 % from Median Sales Price and Average Sales Price
330
3 Mo Avg The $ 234,000 Median last Sales month Price . in The September Average was Sales $ 215,000 Price in , down September 2.6 %
350 from was $ 220,719 286,185 in , up September 0.7 % from of 2016 $ 284,087 and down in September 8.1 % from of 2016
310
330 $ and 234,000 down last 9.1 month % from . The $ 314,717 Average last Sales month Price . September in 2017 ASP 290 was $ 286,185 , up 0.7 % from $ 284,087 in of 310
was at the highest level compared to September of 2016 and 270 and down 9.1 % from $ 314,717 last month . September 2017 ASP 290 2015 .
250 was at the highest level compared to September of 2016 and 270 230
2015 . 250
210 230
190 210
170 190
150
170 150
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 15
16
17
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 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 1,523 of Properties , down 5.5 available % from 1,611 for sale last as month of and
3,000 12.0
September down 22.1 was % from 1,5231,956 , down in 5.5 September % from 1,611 of last year month . September and 3,000
12.0 2,500
10.0 down 201722.1 Inventory % from was 1,956 at in its September lowest level of last compared year . September with September 2,500 10.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with September 2,000 8.0 of 2016 and 2015 . 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 September 2017 MSI of 4.1 500
2.0 higher months MSI was is better at its lowest for buyers level . The compared September with 2017 September MSI of 4.1 of 2016500
2.0 months and 2015 was . at its lowest level compared with September of 2016 0
0.0 and 2015 . 0
0.0 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 A S 14 15
16 17
14 15 16
17
384 398 465 410 399
363 258 347 243 293 387 384 398 465 410 399 365 321 264 340 226 284 375 388 443 451 396 444 396 366 323 365 257 310 418 388 522 554 396 484 373
2,689 2,615 2,525 2,514 2,443 2,465 2,477 2,515 2,544 2,591 2,536 2,447 2,390 2,298 2,225 2,214
Number of Properties Sold
2,689 2,615 2,525 2,514 2,443 2,465 2,477 2,515 2,544 2,591 2,536 2,447 2,390 2,298 2,225 2,214 2,207 2,232 2,286 2,244 2,221
365 321 264 340 226 284 375 388 443 451 396 444 396
2,207 2,232 2,286 2,244 2,221 2,175 2,039 1,956 1,918 1,868 1,788 1,761 1,766 366 323 365 257 310 418
1,822 1,754 1,754 1,738 1,673 1,611 1,523
3 Mo Avg
388 522
2,175 2,039 1,956 1,918 1,868 1,788 1,761 1,766 1,822 1,754 1,754 1,738 1,673
554
3 Mo Avg
396
1,611
1,523 484 373
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 Asso 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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