FL ARCHIVED December 2017 | Page 199

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

City : Fort Walton 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
$ 315,000
-0%
17 %
Average List Price of all Current Listings
$ 386,834
3 %
20 %
December Median Sales Price
$ 205,000
3 %
-2%
-12%
3 %
$ 212,000
6 %
7 %
December Average Sales Price
$ 239,847
3 %
-1%
-8%
7 %
$ 241,312
7 %
7 %
Total Properties Currently for Sale ( Inventory )
233 -11%
-30%
December Number of Properties Sold
67 -15%
-11%
1,077
7 %
December Average Days on Market ( Solds )
53
13 %
-9%
-57% -47%
81
-21%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 165
-7%
-7%
-2%
1 %
$ 172
4 %
5 %
December Sold Price per Square Foot
$ 168
7 %
5 %
-3%
13 %
$ 161
8 %
8 %
December Month ' s Supply of Inventory
3.5
5 %
6 %
-22% -25%
3.5
-25%
-25%
December Sale Price vs List Price Ratio
96.3 %
-. 4 %
. 6 %
-. 7 %
1.1 %
95.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

Property Sales
160
December Property sales were 67 , down 10.7 % from 75 in
December of 2016 and 15.2 % lower than the 79 sales last month .
140
Number of Properties Sold
3 Mo Avg
Property
December Sales 2017 sales were at their lowest level compared to
160
December Property of 2016 sales and were 2015 . 67 December , down 10.7 YTD % from sales 75 of in 1,077 are
December of 2016 and 15.2 % lower than the 79 sales last month .
140 running 7.0 % ahead of last year ' s year-to-date sales of 1,007 .
December 2017 sales were at their lowest level compared to
120
December of 2016 and 2015 . December YTD sales of 1,077 are
120
100
80
running 7.0 % ahead of last year ' s year-to-date sales of 1,007 .
100
60
80
40
60
20
40
0
20
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 $ 205,000 , down
J
F M A M J
15
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
Median Sales Price and Average Sales Price
16
17
3 Mo Avg
Prices
12.0 % from $ 233,000 in December of 2016 and up 2.6 % from
The
$ 199,900 Median last Sales month Price . in The December Average was Sales $ 205,000 Price in , down December was
12.0
$ 239,847 % from , $ down 233,000 8.1 % in from December $ 260,902 of 2016 in December and up 2.6 % of from 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ up 199,900 3.1 % from last month $ 232,545 . The last Average month Sales . December Price in December 2017 ASP was was at
$ 239,847 , down 8.1 % from $ 260,902 in December of 2016 and
270 a mid range compared to December of 2016 and 2015 . up 3.1 % from $ 232,545 last month . December 2017 ASP was at
250
250
230
a mid range compared to December of 2016 and 2015 .
230
210
210 190
190 170
61 78 87 83 92 97 83 88 90 95 70 82 69 69 97 85 98 86 96 85 87 86 74 75 61 71 93 101 134 109 86 104 86 86 79 67
170
150
150
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
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
17 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 233 of , down Properties 10.7 % available from 261 for last sale month as of and down
December
30.2 % from was 334 233 , in down December 10.7 % from of last 261 year last . December month and 2017 down
700
30.2
Inventory % from was 334 in at December its lowest level of last compared year . December with December 2017 of
600
Inventory
2016 and was 2015 at . its lowest level compared with December of
500
2016 and 2015 .
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 3.5
200 higher months MSI was is better at its lowest for buyers level . The compared December with 2017 December MSI of 3.5 of 2016
100 months and 2015 was
. at its lowest level compared with December of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
600
9.0
8.0
500
7.0
400
6.0
300
5.0
4.0
200
3.0
100
2.0
0
1.0
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 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
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
515
61 78
493
504 515
522 493 87 83 92 97 83 88 90 95 70
Number of Properties Sold
82 69 69 97 85 98
549 504
548 522
576 549
553 548
508 576 494 553
467 508
449 494
451 467
417 449
408 451
399
417 405 395
408
401 399
374 405
350 395
340 401
340 374
334 350
342 340
344 340
340 334
322 342 323 344
307 340
299 322
292 323
273 307
261 299
261 292
233 273
86 96 85 87 86 74 75 61 71 93 101 134 109 86 104 86 261
3 Mo Avg
86
261 79
233
67
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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