FL ARCHIVED June 2017 | Page 185

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

City : Panama City

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
$ 301,990
16 %
21 %
Average List Price of all Current Listings
$ 504,130
5 %
52 %
June Median Sales Price
$ 204,516
19 %
2 %
-4%
-6%
$ 210,000
-7%
-3%
June Average Sales Price
$ 224,141
-6%
-9% -34% -19%
$ 246,393
-17%
-11%
Total Properties Currently for Sale ( Inventory )
69
-9%
-54%
June Number of Properties Sold
16
78 %
14 %
67
10 %
June Average Days on Market ( Solds )
127
123 %
9 %
2 %
-15%
112
-22%
-25%
Asking Price per Square Foot ( based on New Listings )
$ 228
18 %
3 %
51 %
28 %
$ 216
26 %
21 %
June Sold Price per Square Foot
$ 168
-1%
-4% -21%
-1%
$ 170
-8%
1 %
June Month ' s Supply of Inventory
4.3 -49% -35% -59% -67%
7.5
-50%
-43%
June Sale Price vs List Price Ratio
93.1 % -2.3% -1.1% -2.7% -. 9 %
94.5 %
-1%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
18
June Property sales were 16 , up 14.3 % from 14 in June of 2016 and 77.8 % higher than the 9 sales last month . June 2017 sales
16
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to June of 2016 and 2015 .
18
14
June Property YTD sales sales of were 67 are 16 running , up 14.3 % 9.8 from % ahead 14 in June of last of year 2016 ' s yearto-date sales of 61 . and 77.8 % higher than the 9 sales last month . June 2017 sales
16
12
were at their highest level compared to June of 2016 and 2015 .
14
10
June YTD sales of 67 are running 9.8 % ahead of last year ' s yearto-date sales of 61 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in June was $ 204,516 , down 3.7 % from
400
Prices
$ 212,450 in June of 2016 and up 19.3 % from $ 171,400 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 204,516 June was , down $ 224,141 3.7 % from , down
400
350
$
34.4 212,450 % from in June $ 341,644 of 2016 in and June up of 19.3 2016 % from and $ down 171,400 5.9 % last from
3 Mo Avg
month
$ 238,222 . The last Average month Sales . June Price 2017 in June ASP was $ at 224,141 the lowest , down level
350
34.4 compared % from $ to 341,644 June of in 2016 June and of 2016 2015 and . down 5.9 % from
300
$ 238,222 last month . June 2017 ASP was at the lowest level
300
250
compared to June of 2016 and 2015 .
250
200
A comparatively lower MSI is more beneficial for sellers while a 60 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 4.3 a
higher MSI is better for buyers . The June 2017 MSI of 4.3
40 months was at its lowest level compared with June of 2016 and months was at its lowest level compared with June of 2016 and 20 2015 . 2015 .
0

Panama Agent Name City Title Phone Website Other

Community Information | School District

200 150
150
100
100
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
A
14 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 A
17 M J
14
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 June
The was Total 69 , down Inventory 9.2 % of from Properties 76 last available month and for sale down as 53.7 of June % from was 14969 in , down June of 9.2 last % from year 76 . June last month 2017 Inventory and down was 53.7 % at from its lowest
160
160
140
Total Inventory & Month ' s Supply of Inventory ( MSI )
45.0
149 level in June compared of last with year . June of 2017 2016 Inventory and 2015 was . at its lowest
140
120
40.0
level compared with June of 2016 and 2015 .
120
100
80
100
80
60
35.0
30.0
25.0
81
40 20 0
J 14
2 81
7 86
4 86
86 86 87 84
7 87 57
8 84
5
67
69 57 2
67 69 85
75
3 6
98 75 93
2 7 4 7 8 5 2 3 6 8 8
8 8
85
109 98 111 93
J A S O N D J F M A M J A S O N D J F M A M J
14 15
15
11
Number of Properties Sold
11 11 7
11 7 14 12
14 12 14 9 6 14
124 109 119 111 109 112
124
133 119
109 138
112 138
139 133
150 138
149 138
144 139
127 150
113 149
107 144 102 127
98 113
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
14 9 6 14
8 8
8 8
11 14 8 11 14 8 13 16 107
90 86
J A S O N D J 17
13
102
13 16 13 9 8 7
9
98
70 71
8
90 76
86 7 69
J A S O N D J F M A M J
17
13
13 12 10 9 16 12 10
20.0 15.0 10.0 5.0 0.0
F M A M J
70 71 76
3 Mo Avg
69 9 16
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 185