Florida Market Viewpoint June 2017 - Page 192

Market Action Report City: Pensacola Pensacola June 2017 Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 June was 68, equal to 68 days last month and down 17.1% from 82 days in June of last year. The June 2017 DOM was at its lowest level compared with June of 2016 and 2015. 3 Mo Avg 120 100 88 82 80 68 60 40 20 0 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 14 15 16 17 Selling Price per Square Foot 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 June 2017 Selling Price per Square Foot of $101 was up 2.7% from $98 last month and up 7.1% from 94 in June of last year. 150 140 130 (ΔΘΐ(ΔΔΐ(Δΐΐ(δΐ(ΰΐ(άΐ(Ψΐ(Τΐ(́5Όٜ(ΔΐΔ(δΠ(άΰ)(L<8(44((L<8(44((L<8(44((ΔΠ(ΔΤ(ΔΨ(Δά)M•±±₯ΉœAΙ₯”Ω•ΙΝΎ1₯ΝΡ₯ΉœAΙ₯”I…Ρ₯Ό)M•±±₯ΉœAΙ₯”Ώ=Ι₯₯Ή…°1₯ΝΡ₯ΉΜAΙ₯”)Q‘”M•±±₯ΉœAΙ₯”Ώ=Ι₯₯Ή…°1₯ΝΡ₯ΉœAΙ₯”Ι•Ω•…±ΜΡ‘”…Ω•Ι…”(δΰ”)…΅½ΥΉΠΡ‘…ЁM•±±•Ί…Ι”…Ι••₯ΉœΡΌ½΅”‘½έΈ™Ι½΄Ρ‘•₯Θ)½Ι₯₯Ή…°±₯ΝЁΑΙ₯”ΈQ‘”±½έ•ΘΡ‘”Ι…Ρ₯Ό₯́‰•±½ά€Δΐΐ”Ρ‘”΅½Ι”½˜(δΨ”)„ Υε•ΘΜ΅…Ι­•Π•α₯ΝΡΜ°„Ι…Ρ₯Ό…Ё½Θ…‰½Ω”€Δΐΐ”₯Ή‘₯…ѕ́΅½Ι”)½˜„M•±±•ΘΜ΅…Ι­•ΠΈQ‘”)ΥΉ”€ΘΐΔ܁M•±±₯ΉœAΙ₯”Ώ=Ι₯₯Ή…°1₯ΝΠ)AΙ₯”½˜€δάΈΐ”έ…́Υΐ™Ι½΄€δΤΈά”±…ΝЁ΅½ΉΡ …ΉΥΐ™Ι½΄€δΤΈΐ”€δΠ”)₯Έ)ΥΉ”½˜±…ΝЁ啅ȸ(δΘ”(́5Όٜ)ٜM•±±₯ΉœAΙ₯”‘₯Ω₯‘•‰δٜ1₯ΝΡ₯ΉœAΙ₯”™½ΘΝ½±ΑΙ½Α•ΙΡ₯•Μ‘ΥΙ₯ΉœΡ‘”΅½ΉΡ (δάΈΐ”(δΤΈΐ”(δΔΈΨ”(δΐ”(ΰΰ”(ΰΨ”)(L<8(44((L<8(44((L<8(44((ΔΠ(ΔΤ(ΔΨ(Δά(Θ°ΐΐΐ(Δ°ΰΐΐ(Δ°Ψΐΐ(Δ°Πΐΐ(Δ°Θΐΐ(Δ°ΐΐΐ(ΰΐΐ(Ψΐΐ(Πΐΐ(Θΐΐ(ΐ)%ΉΩ•ΉΡ½Ιδ€Ό9•ά1₯ΝΡ₯ΉΜ€ΌM…±•Μ)%ΉΩ•ΉΡ½Ιδ€Ό9•ά1₯ΝΡ₯ΉΜ€ΌM…±•Μ)Q‘₯́±…ΝЁΩ₯•ά½˜Ρ‘”΅…Ι­•Π½΅‰₯Ή•Μ΅½ΉΡ‘±δ₯ΉΩ•ΉΡ½Ι䁽˜)AΙ½Α•ΙΡ₯•Μ™½ΘΝ…±”…±½Ήœέ₯Ρ 9•ά1₯ΝΡ₯ΉΜ…ΉM…±•ΜΈQ‘”Ι…Α )Ν‘½έ́ё”‰…Ν₯Œ…ΉΉΥ…°Ν•…Ν½Ή…±₯Ρ䁽˜Ρ‘”΅…Ι­•Π…́ݕ±°…́ё”)Ι•±…Ρ₯½ΉΝ‘₯ΐ‰•Ρέ••ΈΡ‘•Ν”₯Ρ•΅ΜΈQ‘”ΉΥ΅‰•Θ½˜9•ά1₯ΝΡ₯ΉΜ)₯Έ)ΥΉ”€ΘΐΔ܁݅̀ΠΠ䰁‘½έΈ€ΔΠΈΔ”™Ι½΄€ΤΘ́±…ΝЁ΅½ΉΡ …Ή)•ΕΥ…°ΡΌ€ΠΠδ₯Έ)ΥΉ”½˜±…ΝЁ啅ȸ)(L<8(44((L<8(44((L<8(44((ΔΠ(ΔΤ(ΔΨ(Δά) ½ΑεΙ₯‘Πƒ € ½±‘έ•±° …Ή­•ΘI•Ν₯‘•ΉΡ₯…°I•…°ΝΡ…Ρ”€Ό ½±‘έ•±° …Ή­•ΘUΉ₯Ρ•°I•…±Ρ½ΊπAΙ₯”I…Ή”聱°πAΙ½Α•ΙΡδQεΑ•ΜθM €΄ ½Έ)…Ρ„₯́ΑΙ½Ω₯‘•½ΥΙΡ•Ν䁽˜Ι•…ѕȁ½ΙЁ1…Υ‘•Ι‘…±”I1Q=IL°I1Q=HΝΝ½₯…Ρ₯½Έ½˜5…ΙΡ₯Έ ½ΥΉΡ䰁5₯…΅€ΝΝ½₯…Ρ₯½Έ½˜I1Q=IL°5䁱½Ι₯‘„I•₯½Ή…°51L°9…Α±•ΜΙ•„ ½…ɐ½˜I1Q=IL°I1Q=ILΝΝ½₯…Ρ₯½Έ½˜Ρ‘”A…±΄ •…‘•Μ°MΑ…” ½…ΝЁΝΝ½₯…Ρ₯½Έ½˜I1Q=IL)‘½•ΜΉ½Πέ…ΙΙ…ΉΠ½ΘΥ…Ι…ΉΡ•”Ρ‘”…ΥΙ…δ½˜Ρ‘₯́₯Ή™½Ι΅…Ρ₯½ΈΈ%Ё₯́ё”Ι•ΝΑ½ΉΝ₯‰₯±₯Ρ䁽˜…Ήδ‰Υε•Θ½ΘΝ•±±•ΘΡΌΩ•Ι₯™δ…Ήδ…Ή…±°₯Ή™½Ι΅…Ρ₯½ΈΙ•±•Ω…ΉΠΡΌΝՍ ½ΉΝΥ΅•ΛŠéɕ…°•ΝΡ…Ρ”ΡΙ…ΉΝ…Ρ₯½ΈΈ(ΔδΘπŒΌ°ά”°°ˆ„Έ¬”Θ Ό΄”Μ€ΈŒΌ