Panama City Community Information | School District
Panama City Community Information | School District
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 June was 127 , up 122.8 % from 57 days last month and up 1.6 % from 125 days in June of last year . The June 2017 DOM was at a mid level compared with June of 2016 and 2015 .
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 June 2017 Selling Price per Square Foot of $ 168 was down 1.2 % from $ 170 last month and down 21.1 % from 213 in June of last year .
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 June 2017 Selling Price vs Original List Price of 93.1 % was down from 95.3 % last month and down from 95.7 % in June of last year .
Days On Market for Sold Properties
900 |
|
|
800 |
|
|
700 |
|
|
600 |
|
|
500 |
|
|
400 |
|
|
300 |
|
|
200 |
125 |
127 |
100 |
74 |
0 |
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 |
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
240 220 200 180 160 140 120 100
105 % 100 % 95 % 90 %
202
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 |
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
213
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.5 %
95.7 %
3 Mo Avg
3 Mo Avg
168
93.1 %
85 % 80 %
Inventory / New Listings / Sales 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 June 2017 was 12 , down 42.9 % from 21 last month and down 40.0 % from 20 in June of last year .
75 %
160 140 120 100 80 60 40 20 0
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 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
81 86 86 87 84
57 67 69 75
85 98 93 109 111 124 119 109 112 133 138 138 139 150 149 144
127
113 107 102 98 90 86
70 71
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 |
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
76 69
186 | c o l d w e l l b a n k e r h o m e s . c o m