Panama City Beach Community Information | School District
Panama City Beach Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for January was 83 , down 35.2 % from 128 days last month and down 36.6 % from 131 days in January of last year . The January 2018 DOM was at its lowest level compared with January of 2017 and 2016 . |
250
200
150
100
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156 |
131 |
83 |
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50 |
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The January 2018 Selling Price per Square Foot of $ 246 was down 4.3 % from $ 257 last month and up 3.7 % from 237 in January of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The January 2018 Selling Price vs Original List Price of 97.1 % was down from 98.9 % last month and up from 93.7 % in January of last year .
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 |
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16 |
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17 |
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18 |
Selling Price per Square Foot |
3 Mo Avg |
350 330 310 290 270 250 230 210 190 170 150
100 % 98 % 96 % 94 % 92 % 90 % 88 %
204
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 |
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16 |
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17 |
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18 |
237
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.8 %
93.7 %
3 Mo Avg
246
97.1 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in January 2018 was 57 , up 119.2 % from 26 last month and up 42.5 % from 40 in January of last year .
86 % |
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 |
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16 |
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17 |
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18 |
Inventory / New Listings / Sales |
350 300 250 200 150 100
241 240
260 275 281 282 296 294 278 266 264 266 271 269 269 262 251 266 267
282 297 289 275 263 257 231 219 220 216 205 195 189 176 185 163 162
50 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 |
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16 |
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17 |
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18 |
186 | c o l d w e l l b a n k e r h o m e s . c o m