FL ARCHIVED March 2018 | Page 212

Market Action Report
County: Walton
Walton County
March 2018
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 March was 124, down 9.5% from
137 days last month and down 18.4% from 152 days in March of
last year. The March 2018 DOM was at its lowest level compared
with March of 2017 and 2016.
3 Mo Avg
180
152
150
160
140
124
120
100
80
60
40
20
0
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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 March 2018 Selling Price per Square Foot of $320 was up
7.7% from $297 last month and up 8.9% from 294 in March of
last year.
3 Mo Avg
340
320
320
294
300
280
257
260
240
220
200
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The March 2018 Selling Price vs Original
List Price of 95.5% was up from 93.8% last month and up from
93.8% in March of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
96%
95%
95%
94%
94%
93%
93%
92%
92%
91%
95.5%
94.9%
93.8%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
This is where long stormy nights and lazy Sunday
mornings bring the family together.
1,500
2,000
2,500
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in March 2018 was 530, up 25.0% from 424 last month and
down 0.2% from 531 in March of last year.
1,000
500
0
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
ColdwellBankerHomes.com
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 Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate activity. C
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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