Panama City Community Information | School District
Panama City Community Information | School District
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 October was 64 , up 36.2 % from 47 days last month and down 58.7 % from 155 days in October of last year . The October 2017 DOM was at a mid level compared with October of 2016 and 2015 .
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 October 2017 Selling Price per Square Foot of $ 180 was up 18.3 % from $ 152 last month and up 20.1 % from 150 in October of last year .
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 October 2017 Selling Price vs Original List Price of 96.9 % was up from 96.4 % last month and up from 90.3 % in October of last year .
900 800 700 600 500 400 300 200 100
0
240 220 200 180 160 140 120 100
105 % 100 % 95 % 90 %
Days On Market for Sold Properties
23
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 |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
158
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 |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
155
150
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
98.2 %
90.3 %
3 Mo Avg
3 Mo Avg
64
180
96.9 %
85 % 80 %
Inventory / New Listings / Sales 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 October 2017 was 8 , down 61.9 % from 21 last month and down 20.0 % from 10 in October of last year .
75 %
180 160 140 120 100 80 60 40 20 0
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 |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory / New Listings / Sales |
85
58 68 70 76
86 99 94 110 112 126 121 111 114 134 139 139 141 153 152 146
129 115 110 105 101 93 91
76 80 85 78 74 75
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 |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
86 76
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