Market Action Report August 2017
Community Information | School District
Market Action Report August 2017
City : Panama City Beach
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 |
$ 399,950 |
0 % |
|
6 % |
|
|
|
|
Average List Price of all Current Listings |
$ 647,190 |
4 % |
|
14 % |
|
|
|
|
August Median Sales Price |
$ 335,500 |
3 % |
3 % |
24 % |
19 % |
$ 297,000 |
10 % |
6 % |
August Average Sales Price |
$ 458,128 |
17 % |
-1% |
37 % |
31 % |
$ 412,594 |
25 % |
18 % |
Total Properties Currently for Sale ( Inventory ) |
176 |
-7% |
|
-34% |
|
|
|
|
August Number of Properties Sold |
38 |
27 % |
|
-17% |
|
299 |
47 % |
|
August Average Days on Market ( Solds ) |
96 -46% -32% 17 % |
-27% |
142 |
5 % |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 350 |
19 % |
13 % |
21 % |
26 % |
$ 290 |
7 % |
5 % |
August Sold Price per Square Foot |
$ 260 |
9 % |
-1% |
8 % |
9 % |
$ 254 |
10 % |
7 % |
August Month ' s Supply of Inventory |
4.6 -27% -18% -20% -63% |
6.0 |
-50% |
-51% |
August Sale Price vs List Price Ratio |
95.6 %
2.2 %
|
. 9 % |
-. 1 % |
1.3 % |
94.8 % |
1 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales August Property sales were 38 , down 17.4 % from 46 in August
of 2016 and 26.7 % higher than the 30 sales last month . August Property 2017 sales Sales were at a mid level compared to August of 2016 and 60
August 2015 . Property August YTD sales sales were of 38299 , down are 17.4 running % from 47.3 46 % in ahead August of last of year 2016 ' s year-to-date and 26.7 % higher sales than of 203 the . 30 sales last month . August
50
2017 sales were at a mid level compared to August of 2016 and 2015 . August YTD sales of 299 are running 47.3 % ahead of last
40 year ' s year-to-date sales of 203 .
Panama City Agent NameBeach Title Phone Website Other
Community Information | School District
30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in August was $ 335,500 , up 23.6 % from
Prices $ 271,500 in August of 2016 and up 2.9 % from $ 326,000 last The month Median . The Sales Average Price Sales in August Price was in August $ 335,500 was , up $ 23.6 458,128 % from , up
500
$ 37.3 271,500 % from in August $ 333,763 of 2016 in August and up of 2.9 2016 % from and $ up 326,000 16.8 % last from month $ 392,147 . The last Average month Sales . August Price in 2017 August ASP was $ at 458,128 the highest , up level 450 37.3 compared % from $ to 333,763 August in of August 2016 and of 2016 2015 and . up 16.8 % from $ 392,147 last month . August 2017 ASP was at the highest level 400 compared to August of 2016 and 2015 .
350
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of August The was Total 176 , Inventory down 7.4 % of from Properties 190 last available month for and sale down as of 33.6 August % from was 265176 in , August down 7.4 of % last from year 190 . August last month 2017 and Inventory down 33.6 was % from at its 350 265 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its 300 lowest level compared with August of 2016 and 2015 . 250 200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial August for 2017 sellers MSI while of 4.6 a 100
higher months MSI was is better at its lowest for buyers level . The compared August with 2017 August MSI of 4.6 of 2016 months was at its lowest level compared with August of 2016
50 and 2015 . and 2015 .
0
20
10
0
300 250 200
10
0 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 14 15
16
17
S O N D J F M A M JMedian J A S OSales N D JPrice F M Aand M J Average J A S O Sales N D J Price F M A M J J A 14 15
16 17
3 Mo Avg
500 Median Sales Price and Average Sales Price
26 17 16 25 11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 22 35 20 21 46 23 25 16 24 27 33 47 42 48 34 30 38
450 400 350 300 250
200 |
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
14 N D
|
J |
F
15 M 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 |
A |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
350 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
25.0 |
300 |
25.0 |
20.0 |
250 |
20.0 |
|
|
200
150
|
15.0 |
15.0
10.0
|
100 |
10.0 |
|
50 |
5.0 |
5.0 |
|
0
0.0
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 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
14
15
16
17
14
15
16
17
|
0.0 |
237
26 17 16 25 11 23 36 24 29
255
255 237
241 255
254 255
240 241
239 254
259 240
239 274 280
259 281
274
22 22 21 27 40 26 35 12 21 26 22 35 20 21 46 23
295 280
293 281
277 295
265 293
263
277 265 270
265
268 263
268 265
261 270
249 268
264 268
265 261
279 249
293 264
284 265
271 279 258 293
251 284 25 16 271
24
258 27
251
33 47
3 Mo Avg
223 210 208 204
223 190
210 176
208 42
204 48
190 34
176 30 38
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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