FL ARCHIVED October 2017 | Page 199

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 325,000
7 %
18 %
Average List Price of all Current Listings
$ 391,178
7 %
19 %
October Median Sales Price
$ 236,000
21 %
7 %
20 %
19 %
$ 213,900
9 %
7 %
October Average Sales Price
$ 266,371
16 %
7 %
26 %
19 %
$ 241,921
8 %
8 %
Total Properties Currently for Sale ( Inventory )
242
-7%
-29%
October Number of Properties Sold
80
-5%
-7%
923
8 %
October Average Days on Market ( Solds )
79
39 %
8 %
-15% -21%
87
-13%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 180
-4%
1 %
2 %
9 %
$ 172
4 %
4 %
October Sold Price per Square Foot
$ 168
11 %
6 %
17 %
13 %
$ 161
10 %
8 %
October Month ' s Supply of Inventory
3.0
-3%
2 %
-23% -35%
3.5
-26%
-25%
October Sale Price vs List Price Ratio
95.8 %
1.6 %
. 5 %
. 6 %
. 6 %
95.6 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
160
October Property sales were 80 , down 7.0 % from 86 in October
of 2016 and 4.8 % lower than the 84 sales last month . October
140
Property
2017 sales Sales were at their lowest level compared to October of
October
2016 and Property 2015 . sales October were YTD 80 , down sales of 7.0923 % from are 86 running October 7.6 % of ahead 2016 and of last 4.8 year % lower ' s year-to-date than the 84 sales of last 858 month . . October
2017 sales were at their lowest level compared to October of
2016 and 2015 . October YTD sales of 923 are running 7.6 %
160
140
120
120
100
80
ahead of last year ' s year-to-date sales of 858 .
100
60
80
40
60
20
40
0
20
Prices
The Median Sales Price in October was $ 236,000 , up 19.5 %
Prices from $ 197,450 in October of 2016 and up 21.3 % from $ 194,500
The last Median month Sales . The Price Average in October Sales Price was $ in 236,000 October , up was 19.5 $ % 266,371 , from up 26.2 $ 197,450 % from in $ October 211,108 of in 2016 October and up of 2016 21.3 % and from up $ 16.0 194,500 % from
290
290
270
last
$ 229,723 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 266,371 highest , level up 26.2 % from $ 211,108 in October of 2016 and up 16.0 % from
270 compared to October of 2016 and 2015 .
$ 229,723 last month . October 2017 ASP was at the highest level
250
250
230
compared to October of 2016 and 2015 .
230
210

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

0
Number of Properties Sold
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
J
F M A M J
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
Median Sales Price and Average Sales Price
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
63 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 84 80
N D 14
210 190
190 170
170
150
150
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
14J
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
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
October Total Inventory was 242 , down of Properties 7.3 % from available 261 last for month sale as of and down
October
28.6 % was from 242 339 , down in October 7.3 % from of last 261 year last . month October and 2017 down Inventory
700
28.6 was % at from its lowest 339 in level October compared of last year with . October 2017 of 2016 Inventory and
2015600 . was at its lowest level compared with October of 2016 and 2015 .
500
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 October for 2017 sellers MSI while of a 3.0
200 higher months MSI was is better at its lowest for buyers level . The compared
October with 2017 October MSI of 3.0 of 2016 months was at its lowest level compared with October of 2016
100 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
600
10.0
500
8.0
400
6.0
300
200
4.0
100
2.0
0
0.0
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
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
14
15
16
17
14
15
16
17
10.0
8.0
6.0
4.0
2.0
0.0
542
63 91 61 78 87 83 92 97 83
514
515 542
493 514
503 515
521 493
548 503
547 521
575 548 552 547
507
575 552
88
493 466
90
Number of Properties Sold
95 70 82 69 69 97 85 98 86 96
3 Mo Avg
3 Mo Avg
507 448
493 450
466 416
448
407 398
450
404 416
394 407
400 398
373 404
349 394
339 400
339 373
333 349
340 339
342 339 338
333 320
340 321
342 305
338 297
320 288
321 261
305 242
297
85 87 86 74 75 61 71 93 101 134 109
288 86 261
3 Mo Avg
104
242 84 80
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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