FL ARCHIVED April 2017 | Page 189

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

City : Panama City 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
$ 399,900
0 %
16 %
Average List Price of all Current Listings
$ 601,623
1 %
22 %
April Median Sales Price
$ 265,000
-4%
-7%
7 %
-5%
$ 285,000
10 %
2 %
April Average Sales Price
$ 344,584
-11% -5%
25 %
-1%
$ 361,678
17 %
4 %
Total Properties Currently for Sale ( Inventory )
188 -12%
-30%
April Number of Properties Sold
41 -13%
71 %
147
77 %
April Average Days on Market ( Solds )
139 -21% -1%
-7%
7 %
141
-12%
8 %
Asking Price per Square Foot ( based on New Listings )
$ 284
-7%
3 %
12 %
3 %
$ 275
5 %
-1%
April Sold Price per Square Foot
$ 247
0 %
0 %
18 %
5 %
$ 246
12 %
4 %
April Month ' s Supply of Inventory
4.6
1 %
-17% -59% -63%
6.6
-54%
-47%
April Sale Price vs List Price Ratio
94.7 % -1.0% -. 1 % -. 9 %
. 4 %
94.8 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 41 , up 70.8 % from 24 in April of 2016
and 12.8 % lower than the 47 sales last month . April 2017 sales Property were at their Sales highest level compared to April of 2016 and 201550
.
April Property YTD sales sales of were 147 are 41 , running up 70.8 % 77.1 from % ahead 24 in April of last of 2016 year ' s 45 and year-to-date 12.8 % lower sales than of the 83 . 47 sales last month . April 2017 sales
were at their highest level compared to April of 2016 and 2015 . 40 April YTD sales of 147 are running 77.1 % ahead of last year ' s 35 year-to-date sales of 83 .
30

Panama City Agent NameBeach Title Phone Website Other

Community Information | School District

25
50 45 40 35 30 25 20 15
Number of Properties Sold
Number of Properties Sold
20
10
15
5
10
0
5
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 $ 265,000 , up 6.9 % from
500
Prices
$ 248,000 in April of 2016 and down 4.0 % from $ 276,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 265,000 April was , up $ 344,584 6.9 % from , up
500
450
$
24.7 248,000 % from in April $ 276,354 of 2016 in April and down of 2016 4.0 % and from down $ 276,000 11.0 % 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
$ 387,147 . The last Average month Sales . April Price 2017 in April ASP was $ at 344,584 a mid range , up
24.7 compared % from $ to 276,354 April of in 2016 April and of 2016 2015 and . down 11.0 % from
450
400
$ 387,147 last month . April 2017 ASP was at a mid range
400
350
compared to April of 2016 and 2015 .
350
300
22 23 20 20 26 17 16 25 11 23 36 24 29 22 22 21
3 Mo Avg
22 23 20 20 26 17 16 25 11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 24 32 20 21 46 23 26 16 24 26 33 47 41
27 40 26 35 12 21 26 24 32 20 21 46 23 26 16 24 26
3 Mo Avg
33 47 41
300 250 200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 188 , Inventory down 12.1 of % Properties from 214 last available month for and sale down as of 29.9 April % from was 268188 in , April down of 12.1 last % from year . 214 April last 2017 month Inventory and down was 29.9 at % its from lowest 350 268 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest 300 level compared with April of 2016 and 2015 . 250 200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 4.6 a 100
higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 4.6 of 2016 and months was at its lowest level compared with April of 2016 and
50
2015 . 2015 .
0
250
200
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
14
J
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
300
25.0
20.0
250
20.0
200
150
15.0
15.0
10.0
100
10.0
50
5.0
5.0
215 212
215 215
225 212
238 215
256 225
256 238
242 256
255 256 241
242 240
255 261 241 276 240 282 261 283 276 297
282 295 279
283
268 297
266 295
268 279
273 268
268 266
268 268
262 273
250 268
264 268
264 262 278
250 291 264 282 264
268 278
253 291
246 282
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
214 268
188
253 246
214 188
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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