FL ARCHIVED May 2017 | Page 203

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

City : Fort Walton Beach

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
$ 284,925
4 %
14 %
Average List Price of all Current Listings
$ 342,578
3 %
11 %
May Median Sales Price
$ 219,000
-4%
3 %
6 %
10 %
$ 209,000
8 %
5 %
May Average Sales Price
$ 253,805
5 %
5 %
8 %
13 %
$ 235,946
7 %
5 %
Total Properties Currently for Sale ( Inventory )
300
-3%
-26%
May Number of Properties Sold
129
28 %
42 %
455
11 %
May Average Days on Market ( Solds )
79 -37% -20% -25% -21%
96
-7%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 171
2 %
-2%
-3%
4 %
$ 171
5 %
4 %
May Sold Price per Square Foot
$ 169
-2%
2 %
7 %
14 %
$ 163
12 %
10 %
May Month ' s Supply of Inventory
2.3 -24% -22% -48% -50%
3.8
-27%
-19%
May Sale Price vs List Price Ratio
95.9 %
-. 7 %
. 3 %
-. 2 %
. 7 %
95.5 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
May Property sales were 129 , up 41.8 % from 91 in May of 2016
and 27.7 % higher than the 101 sales last month . May 2017 sales
Property were at their Sales highest level compared to May of 2016 and 2015 .
140
120
May
May Property YTD sales sales of were 455 are 129 running , up 41.8 % 11.2 from % ahead 91 in May of last of 2016 year ' s yearto-date
100
27.7 % sales higher of 409 than . the 101 sales last month . May 2017 sales and were at their highest level compared to May of 2016 and 2015 .
120
80
May YTD sales of 455 are running 11.2 % ahead of last year ' s yearto-date
100
sales of 409 .
60
80
60
40

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

40
Number of Properties Sold
20
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
Prices
The Median Sales Price in May was $ 219,000 , up 6.3 % from
J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 206,000 in May of 2016 and down 4.2 % from $ 228,500 last
The month Median . The Sales Average Price Sales in May Price was $ in 219,000 May was , up $ 253,805 6.3 % from , up 7.6 %
$ from 206,000 $ 235,985 in May in of May 2016 of and 2016 down and 4.2 up % 4.9 from % from $ 228,500 $ 242,043 last last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 253,805 compared , up 7.6 % to May from $ 235,985 in May of 2016 and up 4.9 % from $ 242,043 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
250
230
of 2016 and 2015 .
230
210
210 190
190 170
170 150 150
20
82 75 86 68 81 63 91 61 78 87 84 92 97 83 88 90 95 71 82 68 69 96 85 91 86 96 85 87 86 74 75 61 71 93 101 129
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
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 300 Inventory , down 2.9 of % Properties from 309 available last month for and sale down as of 26.5 May % from was 408300 in , May down of 2.9 last % year from . 309 May last 2017 month Inventory and down was 26.5 at its % lowest from
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
10.0
408 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest level compared with May of 2016 and 2015 .
600
500
400
500
400
300
8.0
6.0
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial May 2017 for sellers MSI of while 2.3 a
200 higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI
May of 2.3 of 2016 and months was at its lowest level compared with May of 2016 and
100
2015 .
2015 .
0
200
4.0
100
2.0
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
567
82 75 86 68 81 63 91 61 78
584
579
567
576
584
574
579
545
576
517
574
518
545
495
517
505
518
524
495
87
550 548
84
Number of Properties Sold
92 97 83 88 90 95 71 82 68 69
3 Mo Avg
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
505
524
576
550
553
511
548
496
576
470
553
452
511
454
496
421
470
411
452
401
454
408
421
398
411
402
401
375
408
350
398
339
402
335
375
329
350
334
339
335
335
331
309
329
300
334
335
96 85 91 86 96 85 87 86 74 75 61
331 71 309
3 Mo Avg
93
300 101 129
10.0 8.0
6.0 4.0 2.0 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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