Market Action Report June 2017
Community Information | School District
Market Action Report June 2017
City : Panama City Beach
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 |
$ 399,450 |
-2% |
|
17 % |
|
|
|
|
Average List Price of all Current Listings |
$ 642,043 |
4 % |
|
27 % |
|
|
|
|
June Median Sales Price |
$ 325,000 |
7 % |
14 % |
11 % |
16 % |
$ 290,000 |
9 % |
4 % |
June Average Sales Price |
$ 483,422 |
-3% |
13 % |
54 % |
39 % |
$ 407,388 |
29 % |
18 % |
Total Properties Currently for Sale ( Inventory ) |
198 |
-3% |
|
-21% |
|
|
|
|
June Number of Properties Sold |
33 -31% |
65 % |
|
229 |
70 % |
|
June Average Days on Market ( Solds ) |
141 -11% -9% |
-1% |
8 % |
145 |
-6% |
12 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 306 |
-2% |
2 % |
24 % |
10 % |
$ 287 |
12 % |
4 % |
June Sold Price per Square Foot |
$ 273 |
-0% |
5 % |
20 % |
16 % |
$ 255 |
14 % |
8 % |
June Month ' s Supply of Inventory |
6.0 |
41 % |
19 % -52% -51% |
6.2 |
-52% |
-50% |
June Sale Price vs List Price Ratio |
95.1 % |
. 6 % |
. 1 % |
1.5 % |
. 8 % |
94.8 % |
1 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales June Property sales were 33 , up 65.0 % from 20 in June of 2016
and 31.3 % lower than the 48 sales last month . June 2017 sales Property were at their Sales highest level compared to June of 2016 and 2015 . 60
June Property YTD sales sales of were 229 are 33 , running up 65.0 % 69.6 from % 20 ahead in June of last of 2016 year ' s and year-to-date 31.3 % lower sales than of the 13548 . sales last month . June 2017 sales
50 were at their highest level compared to June of 2016 and 2015 . June YTD sales of 229 are running 69.6 % ahead of last year ' s
40 year-to-date sales of 135 .
Panama City Agent NameBeach Title Phone Website Other
Community Information | School District
30
60
50
40
30
20
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in June was $ 325,000 , up 10.6 % from
Prices $ 293,750 in June of 2016 and up 7.5 % from $ 302,450 last The month Median . The Sales Average Price Sales in June Price was in $ 325,000 June was , up $ 483,422 10.6 % from , up
500
$ 53.8 293,750 % from in June $ 314,351 of 2016 in and June up of 7.5 2016 % from and $ down 302,450 2.8 last % from month $ 497,571 . The last Average month Sales . June Price 2017 in June ASP was $ at 483,422 the highest , up level 450 53.8 compared % from $ to 314,351 June of in 2016 June and of 2016 2015 and . down 2.8 % from $ 497,571 last month . June 2017 ASP was at the highest level 400 compared to June of 2016 and 2015 .
350
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of June The was Total 198 , Inventory down 2.9 of % Properties from 204 last available month for and sale down as of 20.8 June % from was 250198 in , June down of 2.9 last % from year . 204 June last 2017 month Inventory and down was 20.8 at % its from lowest 350 250 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest 300 level compared with June of 2016 and 2015 . 250 200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 6.0 a 100
higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 6.0 of 2016 and months was at its lowest level compared with June of 2016 and
50
2015 . 2015 .
0
20
10
0
300 250 200
10
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
J A S O N D J F M AMedian M J J ASales S O NPrice D J Fand M AAverage M J J A Sales S O N Price D J F M A M J 14
15 16
17 3 Mo Avg
500 Median Sales Price and Average Sales Price
20 20 26 17 16 25 11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 24 32 20 21 46 23 26 16 24 26 33 47 42 48 33
450 400 350 300 250
200 |
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 |
J |
A
14 S O N D
|
J |
F M
15 A M J
|
J |
A S O N D |
J |
F M
16 A M J
|
J |
A S O N D |
J |
F M A
17 M J
|
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
350 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
25.0 |
300 |
25.0 |
20.0 |
250 |
20.0 |
|
|
200
150
|
15.0 |
15.0
10.0
|
100 |
10.0 |
|
50 |
5.0 |
5.0 |
|
0
0.0
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
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
14
15
16
17
|
0.0 |
215
20 20 26 17 16 25 11 23 36
225
237 215
255 225
255 237
241 255
254 255
240 241
239 254 260
240 275 239
24 29 22 22 21 27 40 26 35 12
281 260 283 275 297
281 295
283 279
297
268 266
295
268 279
273 268
268 266
268 268
262 273
250 268
265 268
265 262
279 250
293 265 284
265 272 279
257 293
250 284
21 26 24 32 20 21 46 23 26 16
272 24
257 26
221 205 204 198
33
3 Mo Avg
250 221 205
47 204
42
198 48 33
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 Ass 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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