FL ARCHIVED December 2017 | Page 183

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 238,162
-10%
-7%
Average List Price of all Current Listings
$ 376,987
-1%
3 %
December Median Sales Price
$ 156,581
-32% -20% -38% -29%
$ 207,750
-5%
-6%
December Average Sales Price
$ 166,966
-33% -22% -42% -40%
$ 263,566
-5%
-5%
Total Properties Currently for Sale ( Inventory )
77
-3%
-25%
December Number of Properties Sold
14
0 %
75 %
156
18 %
December Average Days on Market ( Solds )
83
-8%
2 %
-66% -43%
111
-25%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 166
-3%
2 %
2 %
-7%
$ 191
9 %
7 %
December Sold Price per Square Foot
$ 174
10 %
6 %
10 %
3 %
$ 178
4 %
5 %
December Month ' s Supply of Inventory
5.5
-3%
-7%
-57% -59%
7.2
-47%
-47%
December Sale Price vs List Price Ratio
94.0 %
-. 1 % -1.4% -2.1%
-. 4 %
94.9 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 14 , up 75.0 % from 8 in December
of 2016 and the same as the 14 sales last month . December Property 2017 sales Sales were at their highest level compared to December of 20
December 2016 and Property 2015 . December sales were YTD 14 , up sales 75.0 of % 156 from are 8 running December 18.2 % 18 of ahead 2016 and of last the year same ' s year-to-date as the 14 sales sales last of month 132 .
December 2017 sales were at their highest level compared to December of 16 2016 and 2015 . December YTD sales of 156 are running 18.2 % 14 ahead of last year ' s year-to-date sales of 132 .
12
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 77 , of down Properties 2.5 % from available 79 last for month sale as and of down December 25.2 % from was 103 77 , in down December 2.5 % from of last 79 last year month . December and down 2017 25.2 Inventory % from was 103 in at December its lowest of level last compared year . December with December 2017 of Inventory 2016 and was 2015 at . its lowest level compared with December of 2016 and 2015 .
10
8
2 3 6 8 8 11 11 7
Number of Properties Sold
6
2
4
0
2
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
0
15
16
17
J
F M A M J
Prices
15
The Median Sales Price in December was $ 156,581 , down 38.0 %
600
Prices from $ 252,500 in December of 2016 and down 31.6 % from
550
The
$ 229,000 Median last Sales month Price . in The December Average was Sales $ 156,581 Price , in down December 38.0 % was
600 from
$ 166,966 $ 252,500 , down in December 42.2 % from of 2016 $ 289,104 and down in December 31.6 % from of 2016 and
500
550
$ down 229,000 32.9 last % month from $ . 248,679 The Average last month Sales Price . December in December 2017 was ASP
450
$ 166,966 , down 42.2 % from $ 289,104 in of 2016 and
500 was at the lowest level compared to December of 2016 and 2015 .
400 down 32.9 % from $ 248,679 last month . December 2017 ASP
450
350 was at the lowest level compared to December of 2016 and 2015 .
400
300
350
250
300
200
250
150
200
100
150
J
A
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
Median Sales Price and Average Sales Price
S O N D
3 Mo Avg
3 Mo Avg
100
180 160 140 120 100
A comparatively lower MSI is more beneficial for sellers while a
80 A comparatively lower MSI is more beneficial for sellers while a 60 higher MSI is better for buyers . The December 2017 MSI of 5.5 higher MSI is better for buyers . The December 2017 MSI of 5.5 40 months was at its lowest level compared with December of 2016 months was at its lowest level compared with December of 2016 20 and 2015 . and 2015 .
0

Panama Agent Name City Title Phone Website Other

Community Information | School District

20 18 16 14 12 10 8 6 4
J 15
69 71
2
14 12 14 9 6 15 8 7 12 16 8
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
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
17
F M A M J
J
A S O N D
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
77 3
87 71 6 8 8 11 11
77 99
94 87
110 99
112 94
126 110 7
121 111
14
114 12 14
136 111
142 9
Number of Properties Sold
6
142
143 15 8 7
147 12
130
16 8
116 112 107 13 16
103 96
14 93
13 16 14 9 8 7
9
13 13 10 10 19 18 12 13 13 14 14
180
160
140
120
100
80
60
40
20
0
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
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
15
16
17
15
16
17
J
A S O N D
69
112 126 121
114 136 142 154 153
142
143 154 153 147
130 116 112 107 103 80
8 96
7
84 91
13 13
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
F M A M J
J
0.0
A S O N D
93
80 84
86 83 86
10 91 97
10
86 85
19
83
3 Mo Avg
86 18
79 77
97 12
85 13
79
3 Mo Avg
13
77 14 14
40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 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 Asso 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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