FL ARCHIVED September 2017 | Page 197

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

City : Destin

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
$ 609,000
-1%
5 %
Average List Price of all Current Listings
$ 833,422
2 %
11 %
September Median Sales Price
$ 415,000
12 %
11 %
-1%
17 %
$ 369,950
5 %
4 %
September Average Sales Price
$ 534,787
-3%
1 %
8 %
10 %
$ 511,290
5 %
5 %
Total Properties Currently for Sale ( Inventory )
609
-3%
-21%
September Number of Properties Sold
72 -32%
-11%
822
14 %
September Average Days on Market ( Solds )
159
-8%
3 %
-7%
14 %
145
-1%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 308
6 %
4 %
14 %
12 %
$ 289
5 %
5 %
September Sold Price per Square Foot
$ 277
0 %
4 %
10 %
12 %
$ 264
7 %
6 %
September Month ' s Supply of Inventory
8.5
42 %
8 %
-11% -20%
7.5
-32%
-29%
September Sale Price vs List Price Ratio
92.2 %
-. 4 % -1.1%
. 3 %
-. 8 %
93.4 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
September Property sales were 72 , down 11.1 % from 81 in
September of 2016 and 32.1 % lower than the 106 sales last
120
Property month . September Sales 2017 sales were at their lowest level
September compared Property to September sales were of 2016 72 , down and 2015 11.1 %. from September 81 in YTD
140
100
September sales of 822 of 2016 are running and 32.113.5 % lower % ahead than of the last 106 year sales ' s year-to-date last
120 month sales . of September 724 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD
100 sales of 822 are running 13.5 % ahead of last year ' s year-to-date sales of 724 .
80
80
60
40
60
20
40
Number of Properties Sold
20
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
Prices
The Median Sales Price in September was $ 415,000 , down 1.2 %
Prices from $ 420,000 in September of 2016 and up 11.9 % from
The
$ 371,000 Median last Sales month Price . in The September Average was Sales $ 415,000 Price in , down September 1.2 % was
600 from
$ 534,787 $ 420,000 , up 7.8 in September % from $ 496,220 of 2016 in and September up 11.9 % from of 2016 and
$ down 371,000 3.1 last % from month $ 551,906 . The Average last month Sales . Price September in September 2017 ASP was was
550
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
3 Mo Avg
$ at 534,787 the highest , up 7.8 level % from compared $ 496,220 to in September of of 2016 and 2015 .
500 down 3.1 % from $ 551,906 last month . September 2017 ASP was
450
at the highest level compared to September of 2016 and 2015 .
450
400
400 350
350 300

Destin

80 55
Agent Name
83
Title Phone Website Other

Community Information | School District

59 62 104
Number of Properties Sold
80 55 83 59 62 104 86 84 103 72 92 77 62 56 68 45 56 92 84 105 85 68 108 81 78 77 89 73 75 104 94 116 109 73 106 72
300
250
250
O
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
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
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
The
September Total Inventory was 609 of , Properties down 3.3 % available from 630 for last sale month as of and down
1,000
September
20.8 % from was 769 609 in , down September 3.3 % from of last 630 year last . month September and down 2017
1,000
800
20.8
Inventory % from was 769 at in September its lowest level of last compared year . September with September 2017 of
800
Inventory
2016 and was 2015 at . its lowest level compared with September of
600
2016 and 2015 .
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
15.0
20.0
15.0
10.0
400
10.0
A comparatively lower MSI is more beneficial for sellers while a
400
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 8.5 higher months MSI was is better at its lowest for buyers level . The compared September with 2017 September MSI of 8.5 of
2016200 months and 2015 was . at its lowest level compared with September of 2016 and 2015 .
0
200
5.0
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
5.0
0.0
86 84 103 72
938 916 888 872 877 892 886 883 882 899 905 920 899 877 853 844 827 854 856 828 844 811 785 769 774
92 77
938 916 888 872 877 892 886 883 882 899 905 920 899 877 853 844 827 854 856 828 844 811 785
62 56 68 45 56 92 84 105 85 68 108 81 78 77 89 73 75 104
755 701 678 673 693 685 673 673 657 630 609
3 Mo Avg
94 116
769 774 755 701 678 673 693 685 673 673 657
109
3 Mo Avg
73
630
609 106 72
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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