FL ARCHIVED January 2018 | Page 199

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 316,171
3 %
22 %
Average List Price of all Current Listings
$ 390,937
4 %
25 %
January Median Sales Price
$ 250,000
22 %
14 %
45 %
17 %
$ 250,000
45 %
17 %
January Average Sales Price
$ 252,360
5 %
1 %
28 %
4 %
$ 252,360
28 %
4 %
Total Properties Currently for Sale ( Inventory )
236
-5%
-31%
January Number of Properties Sold
65
-3%
7 %
65
7 %
January Average Days on Market ( Solds )
70
32 %
13 %
-3%
-14%
70
-3%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 179
9 %
2 %
15 %
4 %
$ 179
15 %
4 %
January Sold Price per Square Foot
$ 163
-3%
-1%
16 %
1 %
$ 163
16 %
1 %
January Month ' s Supply of Inventory
3.6
-2%
2 %
-35%
3 %
3.6
-35%
3 %
January Sale Price vs List Price Ratio
96.0 %
-. 3 %
. 1 %
. 6 %
. 4 %
96.0 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

Property Sales
160
January Property sales were 65 , up 6.6 % from 61 in January of
2017 and 3.0 % lower than the 67 sales last month . January
140
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at a mid level compared to January of 2017 and
160
January
2016 . January Property YTD sales sales were of 65 65 , up are 6.6 running % from 61 6.6 in % January ahead of of last
2017 and 3.0 % lower than the 67 sales last month . January
140 year ' s year-to-date sales of 61 .
2018 sales were at a mid level compared to January of 2017 and
120
2016 . January YTD sales of 65 are running 6.6 % ahead of last
120
100
80
year ' s year-to-date sales of 61 .
100
60
80
40
60
20
40
0
20
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 250,000 , up 45.3 %
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
J
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Prices from $ 172,000 in January of 2017 and up 22.0 % from
The
$ 205,000 Median last Sales month Price . in The January Average was Sales $ 250,000 Price , up in 45.3 January % was from
$ 252,360 $ 172,000 , up in 27.5 January % from of $ 2017 197,855 and in up January 22.0 % from of 2017 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
5.2 205,000 % from last $ 239,847 month . The last Average month . Sales January Price 2018 in January ASP was was at the
$ 252,360 , up 27.5 % from $ 197,855 in January of 2017 and up
270 highest level compared to January of 2017 and 2016 .
5.2 % from $ 239,847 last month . January 2018 ASP was at the
250
250
230
highest level compared to January of 2017 and 2016 .
230
210
210 190
190 170
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 65
170
150
150
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
M15 A M J
J
A S O N D
J
F M16A 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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 236 , down of Properties 4.8 % from available 248 last for sale month as of and down
January
31.2 % from was 236 343 , down in January 4.8 % from of last 248 year last . January month and 2018 down Inventory
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
8.0
7.0
31.2 was % at from its lowest 343 in January level compared of last year with . January 2018 of 2017 Inventory and
201600 . was at its lowest level compared with January of 2017 and 2016 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 3.6
200 higher months MSI was is better at its lowest for buyers level . The compared
January with 2018
January MSI of 3.6 of 2017 months was at its lowest level compared with January of 2017
100 and 2016 . and 2016 .
0
7.0
500
6.0
400
5.0
300
4.0
200
3.0
100
2.0
1.0
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
6.0
5.0
4.0
3.0
2.0
1.0
0.0
493
78 87
504
522 493
549 504 83 92 97 83 88 90 95 70 82
Number of Properties Sold
69 69 97 85 98 86
548 522
576 549
554 548
509 576
495 554 468 509
450 495
452 468
418 450
409 452
400
418 406
409
396 402
400
375 406
351 396
341 402
341 375
335 351
343 341
345 341
341 335
323 343
325 345 309 341
301 323
296 325
277 309
265 301
266 296
248 277
236 265
96 85 87 86 74 75 61 71 93 101 134 109 86 104 86 86 266
3 Mo Avg
79
248 67
236
65
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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