FL ARCHIVED May 2017 | Page 197

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

County : Okaloosa

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
$ 319,000
2 %
16 %
Average List Price of all Current Listings
$ 508,394
2 %
11 %
May Median Sales Price
$ 235,500
-5%
2 %
8 %
7 %
$ 227,000
8 %
3 %
May Average Sales Price
$ 313,328
4 %
6 %
13 %
11 %
$ 298,111
9 %
6 %
Total Properties Currently for Sale ( Inventory )
1,646
-3%
-27%
May Number of Properties Sold
507
31 %
25 %
1,878
11 %
May Average Days on Market ( Solds )
95
-4%
-4%
-1%
-8%
99
-10%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 171
0 %
-3%
2 %
4 %
$ 174
7 %
5 %
May Sold Price per Square Foot
$ 165
1 %
2 %
9 %
12 %
$ 162
13 %
10 %
May Month ' s Supply of Inventory
3.2 -26% -18% -42% -45%
4.9
-30%
-17%
May Sale Price vs List Price Ratio
95.9 %
-. 6 %
. 2 %
. 6 %
1.2 %
95.6 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
May Property sales were 507 , up 25.2 % from 405 in May of
2016 and 31.3 % higher than the 386 sales last month . May 2017
Property sales were Sales at their highest level compared to May of 2016 and
600
500
May
2015 Property . May YTD sales sales were of 507 1,878 , up 25.2 are running % from 405 11.2 in % May ahead of of last
2016 year and ' s year-to-date 31.3 % higher sales than of the 1,689 386 . sales last month . May 2017
500 sales were at their highest level compared to May of 2016 and
400
2015 . May YTD sales of 1,878 are running 11.2 % ahead of last year ' s year-to-date sales of 1,689 .
400
300
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
385 366 333 340 363 259
Number of Properties Sold
100 0 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 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
Prices Median Sales Price and Average Sales Price
14 15
16 17
3 Mo Avg The Median Sales Price in May was $ 235,500 , up 7.5 % from
350
Prices $ 219,000 in May of 2016 and down 5.4 % from $ 249,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in May Price was $ in 235,500 May was , up $ 313,328 7.5 % from , up 13.1 %
330
350 $ from 219,000 $ 276,932 in May in of 2016 May of and 2016 down and 5.4 up % 4.1 from % from $ 249,000 $ 301,123 last last 310
. The Average Sales Price in May was $ 313,328 , up 13.1 %
330
month . May 2017 ASP was at the highest level compared to May 290 from $ 276,932 in May of 2016 and up 4.1 % from $ 301,123 last 310 of 2016 and 2015 .
270 month . May 2017 ASP was at the highest level compared to May 290 250 of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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
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
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 1,646 Inventory , down 3.1 of % Properties from 1,699 available last month for sale and as down of May 27.5 % 3,000
12.0 was from 1,646 2,270 , down in May 3.1 % of from last 1,699 year . last May month 2017 and Inventory down 27.5 was % at its 3,000 12.0
2,500 10.0 from lowest 2,270 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its 2,500 10.0 lowest level compared with May of 2016 and 2015 . 2,000
8.0
2,000 8.0
1,500 6.0
1,500 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 higher MSI is better for buyers . The May 2017 MSI of 3.2 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.2
500 2.0 of 2016 and 500
2.0 months 2015 . was at its lowest level compared with May of 2016 and 0
0.0 2015 .
0
0.0 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 J A S O N D J F M A M 14
15 16
17 14
15 16
17
347 243 295 387 388
385 366 333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 400 448 402 369 324 365 257 311 417 386 507
2,738 2,782 2,770 2,717 2,701 2,627 2,538 2,528 2,457 2,477 2,488 2,528 2,557 2,607 2,551 2,465 2,411 2,318 2,246
Number of Properties Sold
399 466 410 399 367
2,738 2,782 2,770 2,717 2,701 2,627 2,538 2,528 2,457 2,477 2,488 2,528 2,557 2,607 2,551 2,465 2,411 320 267 341 230 286 377 391 405 451 400 448
2,318 2,246 2,236 2,230 2,254 2,305 2,270 2,244 2,189 2,048 1,965
2,236 2,230 2,254 2,305 2,270 2,244 2,189 2,048 1,965 1,923 1,868 1,785 1,749 402 369 324
1,747 1,789 1,699 1,646
3 Mo Avg
365 257 311
1,923 1,868 1,785 1,749 1,747 1,789 1,699
3 Mo Avg
417
1,646 386 507
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 .
c o l d w e l l b a n k e r h o m e s . c o m | 197