FL ARCHIVED August 2017 | Page 193

Market Action Report Okaloosa County County: Okaloosa Agent Name Market Action Report Title Phone Agent Name Website Title Other August 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $330,000 1% 13% Other $525,515 Trending 2% versus*: 12% Month LM 5% L3M 2% PYM -1% LY $237,500 $330,000 1% 13% 4% 13% 9% $317,387 $525,515 1,566 2% -5% 12% -23% $237,500 472 5% 19% 2% -1% 6% 8% $317,387 13% 4% 9% 12% 92 8% 2% -2% 1,566 -5% -23% $172 1% 1% 4% 472 19% 6% $160 7% 2% 5% 92 8% 2% -2% -10% 3.3 -21% -6% -28% $172 1% 1% 4% 4% 95.4% -.7% -.7% -.2% Average List Price of all Current Listings Market Trends August Profile Median & Sales Price Overview Median Price of all Current August List Average Sales Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) August Sales Price August Median Number of Properties Sold August Average Sales Price August Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) August Number of Properties Sold August Sold Price per Square Foot August Average Days on Market (Solds) August Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) August Sale Price vs List Price Ratio August Sold Price per Square Foot August Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 600 August Property sales were 472, up 6.3% from 444 in August of 2016 and 19.2% higher than the 396 sales last month. August 500 Property 2017 sales Sales were at their highest level compared to August of 600 August Property sales were 472, up 6.3% from 444 in August of 2016 and 2015. August YTD sales of 3,318 are running 10.3% 400 2016 and higher than the 396 sales sales of last month. August ahead of 19.2% last year's year-to-date 3,007. 500 3 Mo Avg 3 Mo Avg Prices 14 350 330 310 290 270 250 230 210 190 170 150 443 388 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 Inventory & MSI 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 10.0 8.0 1,500 1,500 12.0 The Total Inventory Inventory & MSI of Properties available for sale as of August 3,000 was Total 1,566, down 5.3% from 1,654 last month and 23.2% The Inventory of Properties available for sale as down of August from 2,038 in August of last year. 2017 Inventory at 2,500 was 1,566, down 5.3% from 1,654 last August month and down 23.2% was 3,000 from 2,038 level in August of last with year. August August of 2017 Inventory was at 2,500 its lowest compared 2016 and 2015. 2,000 its lowest level compared with August of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a 340 264 15 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 Median J J A S O Sales N D J Price F M A and M J Average J A S O Sales N D J Price F M A M J J A 0 290 270 250 230 210 190 170 150 0 100 $279,716 last month. August 2017 ASP was at the highest level compared to August of 2016 and 2015. 200 100 The Median Sales Price in August was $237,500, down 0.8% Prices from $239,500 in August of 2016 and up 5.3% from $225,500 The in August was $237,500, last Median month. Sales The Price Average Sales Price in August down was 0.8% $317,387, up 350 from in August 2016 of and up 5.3% from $225,500 8.7% $239,500 from $291,909 in of August 2016 and up 13.5% from 330 last month. The Average Sales Price in August was $317,387, up $279,716 last month. August 2017 ASP was at the highest level 310 8.7% from $291,909 in August of 2016 and up 13.5% from compared to August of 2016 and 2015. -8% 4% 7% -25% 1% 200 300 4% $172 3,318 10% 8% $159 94 -8% -43% 4.4 $172 6% .6% 95.8% 10% 5% -8% 6% 6% 9% -8% -29% 4% 1% 300 400 $229,950 3,318 5% $300,234 7% -10% 94 Number of Properties Sold 2017 sales were at their highest level compared to August of 2016 and 2015. August YTD sales of 3,318 are running 10.3% ahead of last year's year-to-date sales of 3,007. Trending versus*: $160 7% 2% 5% 8% $159 9% 7% 3.3 -21% -6% -28% -43% 4.4 -29% -25% of 95.8% Properties 95.4% -.7% -.7% -.2% Number .6% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date August Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Prior YTD 5% Prior