Florida Market Viewpoint June 2017 - Page 206

Market Action Report Santa Rosa County County: Santa Rosa 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 70, down 17.6% from 85 days last month and down 20.5% from 88 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 160 140 120 103 100 88 80 70 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 $123 was up 2.7% from $120 last month and up 12.2% from 109 in June of last year. 150 140 ΔΜΐ(ΔΘΐ(ΔΔΐ(Δΐΐ(δΐ(ΰΐ(άΐ(Ψΐ(Τΐ(́5Όٜ(ΔΘΜ(Δΐδ(ΔΐΜ)(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…”)…΅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˜)„ 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˜€δάΈΨ”έ…́Υΐ™Ι½΄€δάΈΤ”±…ΝЁ΅½ΉΡ …ΉΥΐ™Ι½΄€δΨΈΤ”)₯Έ)ΥΉ”½˜±…ΝЁ啅ȸ(́5Όٜ)ٜM•±±₯ΉœAΙ₯”‘₯Ω₯‘•‰δٜ1₯ΝΡ₯ΉœAΙ₯”™½ΘΝ½±ΑΙ½Α•ΙΡ₯•Μ‘ΥΙ₯ΉœΡ‘”΅½ΉΡ (δδ”(δΰ”(δά”(δΨ”(δΤ”(δΠ”(δΜ”(δΘ”(δΔ”(δΐ”(ΰδ”(δάΈΨ”(δΨΈΤ”(δΤΈΔ”)(L<8(44((L<8(44((L<8(44((ΔΠ(ΔΤ(ΔΨ(Δά)%ΉΩ•ΉΡ½Ιδ€Ό9•ά1₯ΝΡ₯ΉΜ€ΌM…±•Μ)%ΉΩ•ΉΡ½Ιδ€Ό9•ά1₯ΝΡ₯ΉΜ€ΌM…±•Μ(Δ°ΐΐΐ(Δ°Τΐΐ(Θ°ΐΐΐ(Θ°Τΐΐ)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܁݅̀ΠΰΔ°‘½έΈ€ΔΔΈά”™Ι½΄€ΤΠԁ±…ΝЁ΅½ΉΡ …Ή)‘½έΈ€ΔΠΈΨ”™Ι½΄€ΤΨ́₯Έ)ΥΉ”½˜±…ΝЁ啅ȸ(Τΐΐ(ΐ)(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(ΘΐΨπŒΌ°ά”°°ˆ„Έ¬”Θ Ό΄”Μ€ΈŒΌ΄