Market Action Report January 2018
Community Information | School District
Market Action Report January 2018
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 |
$ 479,450 |
7 % |
|
30 % |
|
|
|
|
Average List Price of all Current Listings |
$ 671,681 |
1 % |
|
24 % |
|
|
|
|
January Median Sales Price |
$ 308,000 |
1 % |
0 % |
7 % |
3 % |
$ 308,000 |
7 % |
3 % |
January Average Sales Price |
$ 329,921 |
7 % |
-1% |
-3% |
-16% |
$ 329,921 |
-3% |
-16% |
Total Properties Currently for Sale ( Inventory ) |
162 |
-1% |
|
-38% |
|
|
|
|
January Number of Properties Sold |
38 |
15 % |
|
36 % |
|
38 |
36 % |
|
January Average Days on Market ( Solds ) |
83 -35% -41% -37% -40% |
83 |
-37% |
-40% |
Asking Price per Square Foot ( based on New Listings ) |
$ 283 |
1 % |
2 % |
8 % |
1 % |
$ 283 |
8 % |
1 % |
January Sold Price per Square Foot |
$ 246 |
-4% |
-1% |
4 % |
-2% |
$ 246 |
4 % |
-2% |
January Month ' s Supply of Inventory |
4.3 -14% -7% -55% -26% |
4.3 |
-55% |
-26% |
January Sale Price vs List Price Ratio |
97.1 % -1.8% 1.8 % 3.6 % 2.3 % |
97.1 % |
4 % |
2 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales January Property sales were 38 , up 35.7 % from 28 in January of
2017 and 15.2 % higher than the 33 sales last month . January Property 2018 sales Sales were at their highest level compared to January of 60
January 2017 and Property 2016 . sales January were YTD 38 , up sales 35.7 of % 38 from are 28 running January 35.7 % of 2017 ahead and of 15.2 last % year higher ' s year-to-date than the 33 sales last of 28 month . . January
50
2018 sales were at their highest level compared to January of 2017 and 2016 . January YTD sales of 38 are running 35.7 %
40 ahead of last year ' s year-to-date sales of 28 .
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 January was $ 308,000 , up 7.0 % from
Prices $ 287,750 in January of 2017 and up 1.0 % from $ 305,000 last The month Median . The Sales Average Price Sales in January Price was in January $ 308,000 was , up $ 329,921 7.0 % from , down
600
$ 3.2 287,750 % from in January $ 340,791 of in 2017 January and up of 1.0 2017 % from and up $ 305,000 7.2 % from last month $ 307,685 . The last Average month Sales . January Price in 2018 January ASP was was $ 329,921 at a mid , range down 550 3.2 compared % from $ to 340,791 January in January of 2017 of and 2017 2016 and . up 7.2 % from 500 $ 307,685 last month . January 2018 ASP was at a mid range compared to January of 2017 and 2016 .
450 400
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 162 , down of Properties 0.6 % from available 163 last for month sale as of and down January 38.4 % from was 162 263 , down in January 0.6 % from of last 163 year last . month January and 2018 down 350 38.4 Inventory % from was 263 in at January its lowest of level last year compared . January with 2018 January of 2017 300 Inventory and 2016 was . at its lowest level compared with January of 2017
250 and 2016 .
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 January for 2018 sellers MSI while of a 4.3 100
higher months MSI was is better at its lowest for buyers level . The compared January with 2018 January MSI of 4.3 of 2017 months was at its lowest level compared with January of 2017
50 and 2016 . and 2016 .
0
20
10
0
350 300 250 200
10
0 |
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
F
M A M J
15
|
J |
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
|
3 Mo Avg |
|
600
550
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
500 |
|
|
450 |
|
|
400 |
|
|
350 |
|
|
300 |
|
|
250 |
|
|
200 |
|
|
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
15 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 |
J |
18 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
|
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
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 J
15
16
17
18
15
16
17
18
|
0.0 |
23 36 24 29 22 22 21 27 40 26 35 12 21 26 22 35 20 21 46 23 25 16 24 28 34 47 42 48 37 31 39 35 36 41 33 38
241
23 36
240
260 241
240 275 24 29 22 22 21 27 40
281 260
282 275
296 281
294 282
278 296 266 294
264 278
26 266
266
271 35 12 21 26 22 35 20 21 46 23 25
264 269
266 269
271 262
269
251 266
269
267 262
282 251
297 266
289 267
275 282
263 297
257 289
231 275
219 263
220 257 216 231
205 219
195 220
189 216
176 205
185 195
163 189
162 176
16 24 28 34 47 42 48 37 31 39 35
185 36
163 41
162 33 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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