FL ARCHIVED May 2017 | Page 187

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

City : Panama City

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
$ 301,990
4 %
26 %
Average List Price of all Current Listings
$ 524,853
11 %
69 %
May Median Sales Price
$ 179,450
-5% -17% -23% -17%
$ 217,000
-4%
0 %
May Average Sales Price
$ 248,875
22 %
-3% -32% -10%
$ 255,381
-11%
-8%
Total Properties Currently for Sale ( Inventory )
61
-3%
-59%
May Number of Properties Sold
8 -20%
-27%
50
6 %
May Average Days on Market ( Solds )
52 -61% -53% -58% -65%
108
-28%
-28%
Asking Price per Square Foot ( based on New Listings )
$ 201
-20% -8%
20 %
13 %
$ 218
24 %
22 %
May Sold Price per Square Foot
$ 176
10 %
1 %
-3%
4 %
$ 172
-2%
2 %
May Month ' s Supply of Inventory
7.6
21 %
19 % -44% -42%
7.5
-53%
-42%
May Sale Price vs List Price Ratio
95.9 %
1.3 % 1.0 %
. 4 %
2.1 %
95.1 %
-0%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
18
May Property sales were 8 , down 27.3 % from 11 in May of 2016 and 20.0 % lower than the 10 sales last month . May 2017 sales
16
Number of Properties Sold
3 Mo Avg
Property were at their Sales lowest level compared to May of 2016 and 2015 .
18
14
May
May Property YTD sales sales of were 50 are 8 , running down 27.3 6.4 %% from ahead 11 in of May last of year 2016 ' s yearto-date sales of 47 . and 20.0 % lower than the 10 sales last month . May 2017 sales
16
12
were at their lowest level compared to May of 2016 and 2015 .
14
10
May YTD sales of 50 are running 6.4 % ahead of last year ' s yearto-date sales of 47 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 179,450 , down 23.2 % from
Prices
$ 233,805 in May of 2016 and down 5.5 % from $ 189,850 last
J
J
14
400
The month Median . The Sales Average Price Sales in May Price was $ in 179,450 May was , down $ 248,875 23.2 %, from down
400
$
32.5 233,805 % from in May $ 368,460 of 2016 in and May down of 2016 5.5 % and from up $ 189,850 22.0 % from last
350
A S O N D
J
F
MMedian A M J
J Sales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 204,060 . The last Average month Sales . May Price 2017 in May ASP was was $ 248,875 at a mid , range down
32.5 compared % from $ to 368,460 May of in 2016 May and of 2016 2015 and . up 22.0 % from
350
300
$ 204,060 last month . May 2017 ASP was at a mid range
300
250
compared to May of 2016 and 2015 .
250
200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of May The was Total 61 , down Inventory 3.2 % of from Properties 63 last available month and for sale down as 59.1 of May % from was 14961 in , down May of 3.2 last % from year 63 . May last 2017 month Inventory and down was 59.1 at % its from lowest 149 level in May compared of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest level compared with May of 2016 and 2015 .
200 150
160 140 120 100
80 A comparatively lower MSI is more beneficial for sellers while a 60 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 7.6 a
higher MSI is better for buyers . The May 2017 MSI of 7.6
40 months was at its lowest level compared with May of 2016 and months was at its lowest level compared with May of 2016 and 20 2015 . 2015 .
0

Panama Agent Name City Title Phone Website Other

Community Information | School District

81
81
J
14
3 2 7 4
86 86 87 84
7
57 8 5
67
69 57 2
67 85 69
75
3 6
98 93 85
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
15
3 2 7 4 7 8 5 2 3 6 8 8
8 8
Number of Properties Sold
11
11 11 7
11 7 14 12
150
100
100
J
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
A 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
160
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
120
100
80
60
40 20 0
81 81 86 86 87 84
75
14 12 14 9 6 14
109 98 111 93 124 109 119
109
111
112 124
133 119
109 138
112 138
138 133
149 138
148 138
143 138
126 149
112 148 106 143
101 126
96 112
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
14 9 6 14
8 8
8 8
11 14 8 11 14 8 13 86
J A S O N D J 17
16
106 81
13
101
13 16 13 9 8 7
9
96 86
8
63 63 61
J A S O N D J F M A M
17
7 13
13 12 10 8
12
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
F M A M
81
63 63
3 Mo Avg
61 10 8
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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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