FL ARCHIVED December 2017 | Page 197

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 610,000
2 %
9 %
Average List Price of all Current Listings
$ 864,900
3 %
13 %
December Median Sales Price
$ 357,950
14 %
-3%
4 %
1 %
$ 369,000
5 %
4 %
December Average Sales Price
$ 488,009
4 %
-4%
22 %
0 %
$ 508,769
6 %
5 %
Total Properties Currently for Sale ( Inventory )
559
-7%
-21%
December Number of Properties Sold
68 -13%
-24%
1,048
8 %
December Average Days on Market ( Solds )
118
3 %
-9%
-3%
-15%
139
-1%
0 %
Asking Price per Square Foot ( based on New Listings )
$ 284
-2%
-3%
-2%
3 %
$ 287
4 %
4 %
December Sold Price per Square Foot
$ 255
0 %
-4%
6 %
3 %
$ 264
8 %
6 %
December Month ' s Supply of Inventory
8.2
6 %
2 %
4 %
-23%
7.7
-27%
-27%
December Sale Price vs List Price Ratio
93.5 %
. 2 %
. 6 %
. 4 %
. 6 %
93.4 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
December Property sales were 68 , down 23.6 % from 89 in
December of 2016 and 12.8 % lower than the 78 sales last month .
120
Property
December Sales 2017 sales were at their lowest level compared to
140
December Property of 2016 sales and were 2015 . 68 December , down 23.6 YTD % from sales 89 of in 1,048 are
100
December running 8.3 of 2016 % ahead and 12.8 of last % lower year ' s than year-to-date the 78 sales sales last of month 968 . .
December 2017 sales were at their lowest level compared to
120
80
December of 2016 and 2015 . December YTD sales of 1,048 are
100
running 8.3 % ahead of last year ' s year-to-date sales of 968 .
80
60
40
60
20
40
Number of Properties Sold
20
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
Prices
The Median Sales Price in December was $ 357,950 , up 3.8 %
Prices from $ 345,000 in December of 2016 and up 13.7 % from
The
$ 314,750 Median last Sales month Price . in The December Average was Sales $ 357,950 Price in , up December 3.8 % was
600 from
$ 488,009 $ 345,000 , up in 21.5 December % from $ of 401,594 2016 and in December up 13.7 % from of 2016 and up
$
3.8 314,750 % from last $ month 470,212 . The last Average month . Sales December Price in 2017 December ASP was at the
550
J
F M A M J
15
600
550
500
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ highest 488,009 level , up 21.5 compared % from to $ 401,594 December in December of 2016 and of 2016 2015 and . up
3.8 % from $ 470,212 last month . December 2017 ASP was at the
500
450
highest level compared to December of 2016 and 2015 .
450
400
400 350
350 300

Destin

59 62
Agent Name
104
Title Phone Website Other

Community Information | School District

86 84 103
Number of Properties Sold
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 76 104 94 116 109 74 106 73 77 78 68
300
250
250
J
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
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
The
December Total Inventory was 559 of , down Properties 7.5 % available from 604 for last sale month as of and down
1,000
December
20.8 % from was 706 559 , in down December 7.5 % from of last 604 year last . month December and down 2017
1,000
800
20.8
Inventory % from was 706 at in its December lowest level of last compared year . December with December 2017 of
800
Inventory
2016 and was 2015 at . its lowest level compared with December 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 December for sellers 2017 while MSI of a 8.2 higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 8.2
200 months and 2015 was . at a mid level compared with December of 2016 and 2015 .
0
200
5.0
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
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
15
16
17
5.0
0.0
72 92 77 62
872 877 892 886 883 882 899 906 921 900 878 854 845 828 855 857 829 845 812 786
872 877 892 886 883 882 899 906 921 900 878 854 845 828 855 857 829 845 812 786 771 778 759 706
56 68 45 56 92 84 105 85 68 108 81 78 77 89 73 76 104 94 116 109
684 679 699 692 680 682 669 647 632 637 604 559
3 Mo Avg
74 106
771 778 759 706 684 679 699 692 680 682 669 647 632 637
73
3 Mo Avg
77
604
559 78 68
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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