FL ARCHIVED December 2017 | Page 193

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 320,000
-2%
9 %
Average List Price of all Current Listings
$ 534,762
2 %
12 %
December Median Sales Price
$ 229,950
5 %
1 %
5 %
5 %
$ 228,500
4 %
4 %
December Average Sales Price
$ 295,735
3 %
0 %
8 %
5 %
$ 298,185
6 %
5 %
Total Properties Currently for Sale ( Inventory )
1,409
-8%
-22%
December Number of Properties Sold
338
-1%
-7%
4,766
7 %
December Average Days on Market ( Solds )
72
-1%
-9%
-33% -29%
90
-13%
-12%
Asking Price per Square Foot ( based on New Listings )
$ 166
-6%
-4%
1 %
1 %
$ 172
4 %
4 %
December Sold Price per Square Foot
$ 152
-3%
-3%
-0%
3 %
$ 158
7 %
7 %
December Month ' s Supply of Inventory
4.2
-7%
-3%
-15% -29%
4.4
-25%
-25%
December Sale Price vs List Price Ratio
96.1 %
. 1 %
. 5 %
. 4 %
1.3 %
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
December Property sales were 338 , down 7.4 % from 365 in
December of 2016 and 0.9 % lower than the 341 sales last
Property month . December Sales 2017 sales were at their lowest level
600
500
December compared Property to December sales were of 2016 338 , and down 2015 7.4 .% December from 365 in YTD sales
December of 4,766 are of 2016 running and 0.9 6.9 % lower ahead than of last the year 341 ' sales s year-to-date last sales
500 month of 4,457 . December . 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales
400 of 4,766 are running 6.9 % ahead of last year ' s year-to-date sales
400
300
of 4,457 .
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200
100
Number of Properties Sold
100 0
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
0 15 16
17 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
Prices Median Sales Price and Average Sales Price
15 16
17 3 Mo Avg
The Median Sales Price in December was $ 229,950 , up 5.5 % 350
Prices from $ 218,000 in December of 2016 and up 4.5 % from Median Sales Price and Average Sales Price
330
3 Mo Avg
The $ 220,000 Median last Sales month Price . in The December Average was Sales $ 229,950 Price in , up December 5.5 % was 350 from $ 295,735 $ 218,000 , up 8.0 in December % from $ 273,838 of 2016 and in December up 4.5 % from of 2016 and up 310
330 $ 2.8 220,000 % from last $ 287,564 month . The last Average month . Sales December Price in 2017 December ASP was was at the 290 $ 295,735 , up 8.0 % from $ 273,838 in December of 2016 and up
310 highest level compared to December of 2016 and 2015 .
270
2.8 % from $ 287,564 last month . December 2017 ASP was at the 290 250 highest level compared to December of 2016 and 2015 . 270
230 250
210 230
190 210
170 190
150
170 150
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 15
16
17
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 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 December Total Inventory was 1,409 of , Properties down 7.8 % available from 1,528 for sale last as month of and
3,000 12.0
December down 21.7 was % from 1,4091,800 , down in 7.8 December % from 1,528 of last last year month . December and 3,000
12.0 2,500
10.0 down 201721.7 Inventory % from was 1,800 at in its December lowest level of last compared year . December with December 2,500 10.0
2017 of 2016 Inventory and 2015 was . at its lowest level compared with December 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 December 2017 MSI of 4.2 500
2.0 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 4.2 of 2016500
2.0 months and 2015 was . at its lowest level compared with December of 2016 0
0.0 and 2015 . 0
0.0 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
F M A M J F M A M J
F M A M J J A S O N D 15
16 17
243 293 387 384 398 465 410 399 365 321 264 340 226 284 375 388 443 451 396 444 396 366 323 365 257 311 418 388 522 554 397 484 382 374 341 338
2,514 2,443 2,466 2,478 2,516 2,546 2,593 2,539 2,450 2,393 2,301 2,228 2,217 2,210 2,235 2,289 2,247 2,224 2,179 2,043 1,961
J
15
243 293 387 384 398 465 410 399 365 321 264
J A S O N D J 16
Number of Properties Sold
340 226 284 375 388 443
2,514 2,443 2,466 2,478 2,516 2,546 2,593 2,539 2,450 2,393 2,301 2,228 2,217 2,210 2,235 2,289 2,247 2,224 451 396 444 396
1,925 1,879 1,800 1,774 1,780 1,837 1,773 1,777 1,768 1,716 1,670 1,615 1,583 1,528 1,409
J A S O N D J
17
366 323 365 257 311 418 388 522 554
3 Mo Avg
397 484
2,179 2,043 1,961 1,925 1,879 1,800 1,774 1,780 1,837 1,773 1,777 1,768 1,716 1,670 1,615 1,583
382
3 Mo Avg
374
1,528
1,409 341 338
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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