FL ARCHIVED June 2017 | Page 199

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

City : Destin

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
$ 600,000
0 %
9 %
Average List Price of all Current Listings
$ 806,039
1 %
7 %
June Median Sales Price
$ 375,000
8 %
1 %
20 %
6 %
$ 369,000
12 %
4 %
June Average Sales Price
$ 549,026
3 %
8 %
7 %
13 %
$ 507,280
3 %
4 %
Total Properties Currently for Sale ( Inventory )
652
-2%
-23%
June Number of Properties Sold
107
-8%
26 %
569
25 %
June Average Days on Market ( Solds )
134 -18% -4% -15%
-4%
136
-9%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 285
-3%
-2%
3 %
3 %
$ 287
4 %
4 %
June Sold Price per Square Foot
$ 261
-2%
0 %
6 %
5 %
$ 263
8 %
6 %
June Month ' s Supply of Inventory
6.1
7 %
-4% -39% -43%
7.3
-39%
-32%
June Sale Price vs List Price Ratio
94.2 %
1.7 %
. 2 %
. 0 %
1.4 %
93.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
June Property sales were 107 , up 25.9 % from 85 in June of 2016
and 7.8 % lower than the 116 sales last month . June 2017 sales
120
Property were at their Sales highest level compared to June of 2016 and 2015 .
140
June Property YTD sales sales of were 569 are 107 , running up 25.9 % 24.8 from % ahead 85 in June of last of 2016 year ' s
100
and year-to-date 7.8 % lower sales than of the 456 116 . sales last month . June 2017 sales were at their highest level compared to June of 2016 and 2015 .
120
80
June YTD sales of 569 are running 24.8 % ahead of last year ' s
100
year-to-date sales of 456 .
60
80
40
60
40
20
Number of Properties Sold
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 375,000 , up 20.4 % from
Prices
$ 311,500 in June of 2016 and up 7.9 % from $ 347,500 last
The month Median . The Sales Average Price Sales in June Price was in $ 375,000 June was , up $ 549,026 20.4 % from , up 7.3 %
600
$ from 311,500 $ 511,902 in June in of June 2016 of and 2016 up 7.9 and % up from 3.3 $ % 347,500 from $ last 531,604 last month . . The June Average 2017 Sales ASP was Price at in the June highest was $ level 549,026 compared , up 7.3 % to
550
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
15
16
17
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
3 Mo Avg
from
June $ 511,902 of 2016 in and June 2015 of . 2016 and up 3.3 % from $ 531,604 last month . June 2017 ASP was at the highest level compared to
500
450
June of 2016 and 2015 .
450
400
400 350
350 300

Destin

89 77
Agent Name
92
Title Phone Website Other

Community Information | School District

80 55 83
89 77 92 80 55 83 59 62 104 86 84 103 72 92 77 61 56 68 45 56 92 84 94 85 69 108 81 79 77 89 73 75 104 94 116 107
300
250
250
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 652 , Inventory down 1.7 % of from Properties 663 last available month for and sale down as of 23.2 June % from
1,200 was 849652 in , June down of 1.7 last % from year 663 . June last 2017 month Inventory and down was 23.2 at % its from lowest
1,200
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
849 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest level compared with June of 2016 and 2015 .
1,000
800
15.0
15.0
800
600
10.0
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The June 2017 MSI of 6.1 higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 6.1 of 2016 and
200 months
2015 . was at its lowest level compared with June of 2016 and
2015 .
0
10.0
400
200
5.0
0
0.0
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
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
14
15
16
17
5.0
0.0
59 62 104 86 84
986 959 954 942 920 893 877 882 897 891 888 887 904 909 924 904 882 858 849 832
Number of Properties Sold
103 72
986 959 954 942 920 893 877 882 897 891 888 887 904 909 924 904 882 858 849 832 859 859 833 849 810
92 77 61 56 68 45 56 92 84 94 85 69 108 81 79
859 859 833 849 810 784 768 772 752 698 674 667 687 77 89
678 663 652
3 Mo Avg
73 75 104 94
784 768 772 752 698 674 667 687 678 663 652
3 Mo Avg
116
107
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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