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
Market Action Report
City: Panama City
Panama City
June 2017
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 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.
3 Mo Avg
900
800
700
600
500
400
300
200
127
125
74
100
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
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.
3 Mo Avg
240
220
213
202
200
180
168
160
140
120
100
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 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 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.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
105%
100%
95.7%
94.5%
95%
93.1%
90%
85%
80%
75%
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
Inventory / New Listings / Sales
40
60
80
100
120
140
160
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