Florida Market Viewpoint June 2017 - Page 195

Market Action Report Okaloosa County County: Okaloosa Agent Name Market Action Report Title Phone Agent Name Website Title Other June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $319,000 2% 14% Other $507,472 Trending 1% versus*: 9% Month LM 4% L3M 3% PYM 2% LY $239,900 $319,000 2% 1% 3% 14% 9% $312,990 $507,472 1,660 1% -3% 9% -26% $239,900 541 4% 4% 3% 2% 20% 9% $312,990 1% 3% 9% 11% 85 -9% -10% -9% 1,660 -3% -26% $172 1% -1% 4% 541 4% 20% $157 -4% -2% 9% 85 -9% -10% -9% -17% 3.1 -7% -15% -38% $172 1% -1% 4% 4% 96.7% .7% .4% .3% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 600 June Property sales were 541, up 20.0% from 451 in June of 2016 and 3.6% higher than the 522 sales last month. June 2017 500 Property sales were Sales at their highest level compared to June of 2016 and 600 June Property sales sales were of 541, up 20.0% from 451 in June of of last 2015. June YTD 2,436 are running 13.8% ahead 2016 and 3.6% higher sales than of the 2,140. 522 sales last month. June 2017 500 400 year's year-to-date 3 Mo Avg 3 Mo Avg Prices 14 350 330 310 290 270 250 230 210 190 170 150 377 286 16 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D J F M A 17 M J 14 15 16 17 Inventory & MSI 2,000 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 12.0 10.0 8.0 1,500 1,500 12.0 The Total Inventory Inventory & MSI of Properties available for sale as of June 3,000 was Total 1,660, down 3.2% from 1,714 last month and 25.7% The Inventory of Properties available for sale as down of June from 2,235 in June last 1,714 year. last June 2017 and Inventory was at its 3,000 2,500 was 1,660, down 3.2% of from month down 25.7% from 2,235 in compared June of last with year. June June of 2017 was at its lowest level 2016 Inventory and 2015. 2,500 2,000 lowest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a 320 367 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 F M A M J 14 15 16 17 J A S O N D J F M A M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J Median 0 290 270 250 230 210 190 170 150 0 100 month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 200 100 The Median Sales Price in June was $239,900, up 1.7% from Prices $235,900 in June of 2016 and up 3.5% from $231,735 last The Median Sales Price Sales in June was in $239,900, 1.7% from up 8.7% month. The Average Price June was up $312,990, 350 $235,900 in June in of June 2016 of and up 3.5% from $231,735 last from $287,892 2016 and up 1.0% from $309,890 last 330 month. The Average Sales Price in June was $312,990, up 8.7% month. June 2017 ASP was at the highest level compared to 310 from $287,892 in June of 2016 and up 1.0% from $309,890 last June of 2016 and 2015. -8% 5% 10% -22% 1% 200 300 14% 5% -10% 7% 4% $173 6% 2,436 14% 7% $161 12% 95 -10% -8% -48% 4.6 -31% $173 6% 5% 2.0% 95.9% 1% 300 400 $230,000 2,436 7% $300,762 8% -17% 95 Number of Properties Sold sales were at their highest level compared to June of 2016 and 2015. June YTD sales of 2,436 are running 13.8% ahead of last year's year-to-date sales of 2,140. Trending versus*: $157 -4% -2% 9% 7% $161 12% 10% 3.1 -7% -15% -38% -48% 4.6 -31% -22% Number of 95.9% Properties 96.7% .7% .4% .3% 2.0% 1% Sold 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD Prior YTD 7% Prior Year 5% 9% YTD $230,000 11% $300,762 8% 7% County: Okaloosa June 2017 1,000 6.0 4.0 A higher comparatively lower MSI is more The beneficial for sellers MSI is better for buyers. June 2017 MSI while of 3.1 a 1,000 500 higher MSI is better for buyers. June 2017 of 3.1 months was at its lowest level The compared with MSI June of 2016 and 500 2.0 months 0 2015. was at its lowest level compared with June of 2016 and 0 0.0 2015. 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