FL ARCHIVED February 2018 | Page 182

Title Phone Agent Name Website Title Other Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Profile & Sales Trends Overview February Median Price Median List Average Price of Sales all Current February Price Listings Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) February Sales Price February Median Number of Properties Sold February Average Sales Price February Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) February Number of Properties Sold February Sold Price per Square Foot February Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date Property Sales 95.8% 96% 92.7% 93% 92% 91% 89% Inventory / New Listings / Sales Inventory & MSI 200 250 300 350 450 400 The Total Inventory Inventory & MSI of Properties available for sale as of February was 75, down 9.6% from 83 last The Total Inventory of Properties available for month sale as and of down 20.2% from 94 down in February of last February 2018 February was 75, 9.6% from 83 year. last month and down 20.2% from was 94 in at February of level last year. February Inventory its lowest compared with 2018 February of Inventory at its lowest level compared with February of 2017 and was 2016. 450 400 350 300 250 200 150 100 -2% $151 -6% -13% -44% 5.0 -52% -32% Number of 95.2% Properties .9% -0% Sold 0% 3 Mo Avg 3 Mo Avg 0 2 4 4 6 Prices 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 15 16 17 18 Inventory / New Listings / Sales 6 8 15 600 550 500 450 400 350 300 250 200 150 100 16 17 Median Sales Price and Average Sales Price 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 15 16 17 18 M A M J J A S O N D Median J F M A Sales M J J Price A S O and N D Average J F M A Sales M J J Price A S O N D J F 0 11.4% from $232,426 last month. February 2018 ASP was at a mid range compared to February of 2017 and 2016. 90% 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 February 2018 was 73, down 14.1% from 85 last month and up 12.3% from 65 in February of last year. 8 10 The Median Sales Price in February was $217,500, down 10.5% Prices from $242,900 in February of 2017 and down 4.6% from The Median last Sales Price in The February was $217,500, down 10.5% was $227,950 month. Average Sales Price in February 600 from $242,900 February of 2017 and down 4.6% of from $259,004, up in 8.6% from $238,517 in February 2017 and up 550 $227,950 last month. The Average Sales Price in February was 11.4% from $232,426 last month. February 2018 ASP was at a 500 $259,004, up 8.6% from $238,517 in February of 2017 and up mid range compared to February of 2017 and 2016. 94.5% 94% 10 12 2 97% 95% 12 14 Avg Selling Price divided by Avg Listing Price for sold properties during the month 98% -19% -7% -13% -32% 0% 14 16 3 Mo Avg 60% 4% -15% -5% -1% $172 -15% 32 60% -2% $151 -6% 88 -15% -19% -44% 5.0 -52% $172 -15% -7% .9% 95.2% -0% 16 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price -9% 32 1% 88 Number of Properties Sold 18 February 2018 sales were at their highest level compared to February of 2017 and 2016. February YTD sales of 32 are running 60.0% ahead of last year's year-to-date sales of 20. 4% -5% 1% 20 February Property sales were 18, up 38.5% from 13 in February of 2017 and 28.6% higher than the 14 sales last month. Property Sales February 2018 sales were at their highest level compared to 20 February were 18, up 38.5% from 13 in of February February Property of 2017 sales and 2016. February YTD sales 32 are 18 of running 2017 and 28.6% ahead higher of than 14 sales last month. 60.0% last the year's year-to-date sales of 20. 213 216 218 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 15 16 17 18 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 February 2018 Selling Price vs Original List Price of 95.8% was down from 96.1% last month and up from 94.5% in February of last year. $170 34% 9% 3% 4.2 -30% -18% -42% 95.8% 1.5% 1.1% .4% February Month's Supply of Inventory 250 240 230 220 210 200 190 180 170 160 150 February Sale Price vs List Price Ratio February Sold Price per Square Foot * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date 3 Mo Avg 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 February 2018 Selling Price per Square Foot of $213 was down 1.3% from $216 last month and down 1.1% from 216 in Fe bruary of last year. February Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) Selling Price per Square Foot Selling Price per Square Foot February Average Days on Market (Solds) $247,376 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 15 16 17 18 Trending versus*: YTD Prior YTD -9% Prior Year $217,500 $217,500 $247,376 -7% 0 Trending versus*: Prior YTD Prior Year YTD 4% 0% 50 111 127 Trending versus*: L3M PYM LY 169 LM $239,637 1% -9% Other $380,985 Trending -3% versus*: -3% Month LM -5% L3M 4% PYM -10% LY $217,500 $239,637 1% 11% 14% -9% 9% $259,004 $380,985 -3% 75 -10% -3% -20% $217,500 -5% 4% -10% 38% 4% 18 29% $259,004 100 11% 39% 14% 14% 9% -12% 0% 75 -10% -20% $184 12% 8% -5% 18 29% 38% $170 34% 9% 3% 100 39% 14% -12% -7% 4.2 -30% -18% -42% $184 12% 8% -5% -1% 95.8% 1.5% 1.1% .4% Average List Price of all Current Listings Market Time 250 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 200 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 February was 111, up 40.5% from 150 79 days last month and down 12.6% from 127 days in February of last year. The February 2018 DOM was at its lowest level 100 compared with February of 2017 and 2016. 3 Mo Avg Days On Market for Sold Properties February 2018 Community Information | School District City: Panama City Panama City Community Information | School District February 2018 Agent Name Market Action Report Title Phone Website Other Price Range: All | Properties: SFH - Con City: Panama City Agent Name Bay County Market Action Report County: Bay February 2018 Market Action Report 18 3 Mo Avg 3 Mo Avg 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 18 M A 15 M J J A S O N D J F M 16 A M J J A S O N D J F M 17 A M J J A S O N D J F 15 16 17 18 Total Inventory & Month's Supply of Inventory (MSI) 180 Total Inventory & Month's Supply of Inventory (MSI) 25.0 180 160 25.0 150 20.0 160 140 20.0 100 140 120 15.0 120 100 50 2017 and 2016. 15.0 100 80 0 10.0 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 A comparatively lower MSI is more beneficial for sellers while a 80 60 10.0 60 40 A higher comparatively lower MSI is more beneficial for sellers while a 15 16 17 18 MSI is better for buyers. The February 2018 MSI of 4.2 5.0 40 20 higher MSI is better for buyers. February 2018 MSI of 4.2 5.0 months was at its lowest level The compared with February of 2017 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con 20 months was at its lowest level compared with February of 2017 0 0.0 and 2016. 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 Association of REALTORS, Flagler County Association of REALTORS, Bonita Springs-Estero Association of REALTORS, Royal Palm Coast REALTOR 0 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant 0.0 real estate activity. and 2016. 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 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. 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 15 16 17 18 15 16 17 18 182 | c o l d w e l l b a n k e r h o m e s . c o m Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential Real Real Estate / Coldwell Banker United, Realtors | Price | Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es . c o m | 183 C Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, Florida MLS, Regional MLS, Board of REALTORS, REALTORS of Association of the Palm Beaches, Space Coast Ass Data is is provided courtesy of Greater Fort Fort Lauderdale REALTORS, REALTOR Association of Martin County, County, Miami Association of REALTORS, My Florida My Regional Naples Area Naples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does warrant or guarantee accuracy of information. this information. It is responsibility the responsibility any or buyer verify and all information to such consumer’s estate transaction. does not not warrant or guarantee the the accuracy of this It is the of any of buyer seller or to seller verify to any and any all information relevant to relevant such consumer’s real estate real transaction.