FL ARCHIVED November 2017 | Page 199

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 314,950
-0%
17 %
Average List Price of all Current Listings
$ 377,888
1 %
17 %
November Median Sales Price
$ 199,900
-15% -7%
-2%
0 %
$ 212,700
8 %
7 %
November Average Sales Price
$ 233,728
-12% -5%
4 %
4 %
$ 241,156
8 %
7 %
Total Properties Currently for Sale ( Inventory )
254
-2%
-25%
November Number of Properties Sold
77
-7%
4 %
1,004
8 %
November Average Days on Market ( Solds )
48 -38% -30% -51% -52%
84
-16%
-16%
Asking Price per Square Foot ( based on New Listings )
$ 177
-1%
-3%
12 %
8 %
$ 172
4 %
5 %
November Sold Price per Square Foot
$ 157
-7%
-1%
-1%
6 %
$ 161
10 %
8 %
November Month ' s Supply of Inventory
3.3
6 %
3 %
-28% -29%
3.5
-25%
-25%
November Sale Price vs List Price Ratio
96.6 %
. 8 %
1.3 % 1.9 % 1.4 %
95.7 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

Property Sales
160
November Property sales were 77 , up 4.1 % from 74 in November of 2016 and 7.2 % lower than the 83 sales last month . November
140
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to November of
160
November
2016 and Property 2015 . November sales were YTD 77 , up sales 4.1 % of from 1,00474 are in November running 7.7 % of 2016 and 7.2 % lower than the 83 last month . November
140 ahead of last year ' s year-to-date sales of 932 .
2017 sales were at their highest level compared to November of
120
2016 and 2015 . November YTD sales of 1,004 are running 7.7 %
120
100
80
ahead of last year ' s year-to-date sales of 932 .
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 199,900 , down 2.5 %
D
J
F M A M J
14
15
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
Median Sales Price and Average Sales Price
16
17
A S O N
3 Mo Avg
Prices from $ 205,000 in November of 2016 and down 14.9 % from
The
$ 235,000 Median last Sales month Price . in The November Average was Sales $ 199,900 Price in , down November 2.5 % from was $ 205,000 233,728 , in up November 4.1 % from of $ 2016 224,622 and down in November 14.9 % from of 2016 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 235,000 11.9 last % from month $ . 265,297 The Average last month Sales Price . November in November 2017 ASP was $ 233,728 , up 4.1 % from $ 224,622 in of
270 was at the highest level compared to November of 2016 and down 201511.9 . % from $ 265,297 last month . November 2017 ASP
250 was at the highest level compared to November of 2016 and
2015 .
230
250
230
210
210
190
190 170
91 61 78 87 83 92 97 83 88 90 95 70 82 69 69 97 85 98 86 96 85 87 86 74 75 61 71 93 101 134 109 86 104 85 83 77
170
150
150
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
14
F
15 M A M J
J
A S O N D
J
F M16A M J
J
A S O N D
J
F M A17M J
J
A S O N
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
The
November Total Inventory was 254 of , down Properties 1.6 % available from 258 for last sale month as of and down
November
25.3 % from was 340 254 in , down November 1.6 % from of last 258 year last . month November and down 2017
700
25.3
Inventory % from 340 was in at November its lowest level of last compared year . November with November 2017 of
600
Inventory
2016 and was 2015 at . its lowest level compared with November of
500
2016 and 2015 .
400
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 November for sellers 2017 while MSI a of 3.3
200 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November
MSI of 3.3 of 2016 months was at its lowest level compared with November of 2016
100 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
600
9.0
8.0
500
7.0
400
6.0
300
5.0
4.0
200
3.0
100
2.0
1.0
0
0.0
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 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
14
15
16
17
14
15
16
17
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
514 515
91 514 493
61 515
504 78 87 83 92 97 83 88 90 95
Number of Properties Sold
70 82 69 69 97 85
522 493
549 504
548 522
576 549
553 548 508 576
494 553
467 508
449 494
451 467
417 449
408
451 399 405
417
395 408
401 399
374 405
350 395
340 401
340 374
334 350
341 340
343 340
339 334 321 341
322 343
306 339
298 321
291 322
271 306
258 298
254 291
98 86 96 85 87 86 74 75 61 71 93 101 134 109 86 104 271
3 Mo Avg
85
258 83
254
77
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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