FL ARCHIVED March 2018 | Page 182

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
March Median
Price Overview
Median
Price Sales
of all Price
Current Listings
March List
Average
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
March
Sales
Price
March Median
Number
of Properties
Sold
March Average Sales Price
March Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
March Number of Properties Sold
March Sold Price per Square Foot
March 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
97%
96%
95.4%
95.3%
94%
Prices
93.3%
92%
91%
$247,203 last month. March 2018 ASP was at a mid range
compared to March of 2017 and 2016.
90%
89%
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
15
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
350
400
450
Inventory & MSI
450
400
350
300
250
200
150
100
3 Mo Avg
0
5 5
The Median Sales Price in March was $242,007, down 14.2%
Prices
from $282,000 in March of 2017 and up 13.9% from $212,500
The
in March
$242,007,
14.2%
last Median
month. Sales
The Price
Average
Sales was
Price
in March down
was $286,404,
600
from
$282,000
in March
of 2017
and up of 13.9%
$212,500
down
8.3% from
$312,340
in March
2017 from
and up
15.9% from
550
last
month.
The
Average
Sales
Price
in
March
was
$286,404,
$247,203 last month. March 2018 ASP was at a mid range
500
down
8.3%
from
$312,340
in
March
of
2017
and
up
15.9%
from
compared to March of 2017 and 2016.
95%
300
10
15
600
550
500
450
400
350
300
250
200
150
100
16
17
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
15
16
17
18
A M J J A S O N D J Median
F M A M Sales
J J A Price
S O N and
D J Average
F M A M Sales
J J A Price
S O N D J F M
0
93%
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 March 2018 was 90, up 16.9% from 77 last month and up
55.2% from 58 in March of last year.
10
98%
15
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
15
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 March 2018 Selling Price vs Original
List Price of 95.4% was down from 95.7% last month and up
from 95.3% in March of last year.
20
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
15
16
17
18
Number of Properties Sold
20
sales were at their highest level compared to March of 2017 and
2016. March YTD sales of 53 are running 60.6% ahead of last
year's year-to-date sales of 33.
3 Mo Avg
25
March Property sales were 19, up 46.2% from 13 in March of
2017 and 5.0% lower than the 20 sales last month. March 2018
Property
sales were Sales
at their highest level compared to March of 2017 and
25
March
sales sales
were of
19, 53
up are
46.2%
from 60.6%
13 in March
2016. Property
March YTD
running
ahead of of last
2017
and
5.0%
lower
than
the
20
sales
last
month.
March
2018
year's year-to-date sales of 33.
213
234
226
1%
-3%
-9%
-35%
-1%
$174 6% 10% -11% 1%
$158
-10%
-9%
4.6 17% -6% -26% -39%
4.9 -46%
-35%
Number of 94.1%
Properties
92.5% -3.0% -1.8% -1.7% -2.5%
-1% Sold -1%
March Month's Supply of Inventory
250
240
230
220
210
200
190
180
170
160
150
March Sale Price vs List Price Ratio
March 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 March 2018 Selling Price per Square Foot of $234 was up
12.1% from $209 last month and up 3.6% from 226 in March of
last year.
March Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
Selling Price per Square Foot
Selling Price per Square Foot
March Average Days on Market (Solds)
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
15
16
17
18
-3%
53
-5%
109
0
61% 13%
-3% -1%
4%
$178
-13%
53
61%
1%
$158
-10%
109
-3%
1%
-39%
4.9 -46%
$178
-13%
-3%
-2.5%
94.1%
-1%
50
$235,000
$257,353
39%
91
100
Trending versus*:
150
Trending versus*:
Prior YTD Prior Year
YTD
Prior YTD -3%
Prior Year 13%
16% YTD
$235,000
10%
$257,353
-5%
-1%
165
158
Trending versus*:
L3M PYM
LY
$262,500
10%
1%
Other
$388,344 Trending
5% versus*:
-6%
Month
LM 14%
L3M 15%
PYM -14%
LY
$242,007
$262,500
10% 16% 21%
1% -8%
$286,404
$388,344 5%
88 11% -6% 9%
$242,007 14%
15% -14% 46%
16%
19 -5%
$286,404 150
16% 56%
21% 44%
-8% 21%
10%
88 11%
9%
$191 7% 9% -9%
19 -5%
46%
$174 6% 10% -11%
150 56% 44% 21% 39%
4.6 17% -6% -26%
$191 7% 9% -9% 4%
92.5% -3.0% -1.8% -1.7%
Average List Price of all Current Listings
200
LM
250
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 March was 91, down 15.0% from
107 days last month and down 44.8% from 165 days in March of
last year. The March 2018 DOM was at its lowest level compared
with March of 2017 and 2016.
3 Mo Avg
Days On Market for Sold Properties
March 2018
Community Information | School District
City: Panama City
Title
Phone
Agent
Name
Website
Title Other
Community Information | School District
Panama City
Agent Name
Market Action Report
Title
Phone
Website
Other
Price Range: All | Properties: SFH - Con
City: Panama City
March 2018
Agent Name
Bay County
Market Action Report
County: Bay
March 2018
Market Action Report
3 Mo Avg
18
Median Sales Price and Average Sales Price
3 Mo Avg
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
18
16 A M J J A S O N D J F M 17
A M 15 J J A S O N D J F M
A M J J A S O N D J F M
15
16
17
18
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
& MSI of Properties available for sale as of March
180
25.0
was Total
88, up
11.4% from
79 last month
and for
up sale
8.6%
from
81 in
The
Inventory
of Properties
available
as of
March
200
180 160
25.0
March
of
last
year.
March
2018
Inventory
was
at
a
mid
level
was
88,
up
11.4%
from
79
last
month
and
up
8.6%
from
81
in
150
20.0
160 140
March
of last with
year. March
March of 2018
compared
2017 Inventory
and 2016. was at a mid level
20.0
100
140
120
compared with March of 2017 and 2016.
15.0
120 100
50
15.0
100 80
0
10.0
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 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 March 2018 MSI of 4.6
5.0
40 20
higher
MSI
is better
for buyers.
March 2018
MSI of of
4.6 2017 and
5.0
months
was
at its lowest
level The
compared
with March
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
20
months
0
0.0
2016. was at its lowest level compared with March of 2017 and
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Asso ciation 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
0.0 real estate activity.
2016. 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
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
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.
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
15
16
17
18
250
15
182 | c o l d w e l l b a n k e r h o m e s . c o m
16
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
17
C
18
c o l dw el l b a n k er h o m es . c o m
| 183
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.