FL ARCHIVED April 2017 | Page 187

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

City : Panama City

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
$ 289,450
1 %
22 %
Average List Price of all Current Listings
$ 436,636
7 %
28 %
April Median Sales Price
$ 189,850
-33% -20% -16% -13%
$ 238,162
8 %
10 %
April Average Sales Price
$ 204,060
-36% -20% -21% -26%
$ 256,621
-1%
-8%
Total Properties Currently for Sale ( Inventory )
58
-3%
-58%
April Number of Properties Sold
10 -17%
25 %
42
17 %
April Average Days on Market ( Solds )
133
1 %
12 % 108 % -11%
119
-24%
-20%
Asking Price per Square Foot ( based on New Listings )
$ 258
17 %
15 %
26 %
45 %
$ 225
26 %
26 %
April Sold Price per Square Foot
$ 160
-19% -7%
-3%
-6%
$ 171
-2%
1 %
April Month ' s Supply of Inventory
5.8
16 %
3 %
-66% -56%
7.3
-56%
-44%
April Sale Price vs List Price Ratio
94.7 %
. 5 %
-. 2 % 2.4 %
. 8 %
94.9 %
-0%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Panama Agent Name City Title Phone Website Other

Community Information | School District

Property Sales
18
April Property sales were 10 , up 25.0 % from 8 in April of 2016 and 16.7 % lower than the 12 sales last month . April 2017 sales
16
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to April of 2016 and
201518 .
14
April Property YTD sales sales of were 42 are 10 running , up 25.0 % 16.7 from % ahead 8 in April of last of 2016 year ' s yearto-date sales of 36 . and 16.7 % lower than the 12 sales last month . April 2017 sales
16
12
were at their highest level compared to April of 2016 and 2015 .
14
10
April YTD sales of 42 are running 16.7 % ahead of last year ' s yearto-date sales of 36 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
M
J
Prices
14
The Median Sales Price in April was $ 189,850 , down 15.6 % from
400
Prices
$ 224,902 in April of 2016 and down 32.7 % from $ 282,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 189,850 April was , down $ 204,060 15.6 % , from down
400
350
$
20.8 224,902 % from in April $ 257,601 of 2016 in and April down of 2016 32.7 % and from down $ 282,000 36.4 % from last
J
A S O N D
J
FMedian M A M J Sales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 320,869 . The last Average month Sales . April Price 2017 in April ASP was $ at 204,060 the lowest , down level
350
20.8 compared % from to $ 257,601 April of in 2016 April and of 2016 2015 and . down 36.4 % from
300
$ 320,869 last month . April 2017 ASP was at the lowest level
300
250
compared to April of 2016 and 2015 .
250
200
200 150
150
100
100
M
M
J
14
J
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
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
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 April
The was Total 58 , down Inventory 3.3 % of from Properties 60 last available month and for sale down as 58.0 of April % from was 13858 in , down April 3.3 of last % from year 60 . April last month 2017 Inventory and down 58.0 was % at from its lowest
160
138 level in April compared of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest
140
160
140
120
Total Inventory & Month ' s Supply of Inventory ( MSI )
45.0
40.0
45.0
40.0
35.0
level compared with April of 2016 and 2015 .
120
100
80
A comparatively lower MSI is more beneficial for sellers while a
60
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 5.8 a higher MSI is better for buyers . The April 2017 MSI of 5.8
40 months was at its lowest level compared with April of 2016 and months was at its lowest level compared with April of 2016 and
20
2015 .
2015 .
0
35.0
100
30.0
80
25.0
60
20.0
40
15.0
20
10.0
5.0
0
0.0
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 J
J A S O N D J
F M A
14
15
16
17
14
15
16
17
30.0
25.0
20.0
15.0
10.0
5.0
0.0
84 8
84
81 81
3 81
2 81
7 86
4 86
86 86 87 84
7 87 57
8 84
5
67 69 57
2 67 85 69
75 3
98 6 75 93
8 3 2 7 4 7 8 5 2 3 6 8 8
8
Number of Properties Sold
8 11
11 11 7
11 7 14 12 14
14 12 14 9 6 14 9 6
85
109 98 111 93 124 119
109
109 111
112 124
133 119
109 138
112 138
138 133
149 138
148 138
143 138
126 149 112 148
106 143
101 126
96 112
8
8 14 8 8
11 14 8 11 14 8 13 86
16
106 80
13
101
13 16 13 9 8 7
9
13 12 10
96
60 58
86 8
80 7
60
3 Mo Avg
13
58 12 10
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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