FL ARCHIVED February 2018 | Page 212

Market Action Report County: Walton Walton County February 2018 Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 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 138, up 13.1% from 122 days last month and down 0.7% from 139 days in February of last year. The February 2018 DOM was at a mid level compared with February of 2017 and 2016. 3 Mo Avg 200 180 160 139 137 140 138 120 100 80 60 40 20 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 15 16 17 18 Selling Price per Square Foot Selling Price per Square Foot 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 $298 was down 6.1% from $318 last month and down 6.4% from 319 in February of last year. 340 3 Mo Avg 319 320 300 298 288 280 260 240 220 200 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 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price 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 93.7% was down from 94.5% last month and down from 94.8% in February of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 96% 96% 95% 95% 94% 94% 93% 93% 92% 92% 91% 94.8% 93.8% 93.7% 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 Inventory / New Listings / Sales This is where long stormy nights and lazy Sunday mornings bring the family together. 1,500 2,000 2,500 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 415, down 0.2% from 416 last month and down 2.6% from 426 in February of last year. 1,000 500 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 15 16 17 18 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con ColdwellBankerHomes.com 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 Association, Navarre Area Board of REALTORS, Emerald Coast Association of REALTORS, Pensacola Association of REALTORS and may not reflect all relevant real estate activity. C 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. 212 | c o l d w e l l b a n k e r h o m e s . c o m Real estate agents affiliated with Coldwell Banker United, Realtors® are independent contractor agents and are not employees of the Company. ©2018 Coldwell Banker Residential Real Estate. All Rights Reserved. Coldwell Banker Residential Real Estate fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Owned by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.11819FL