FL ARCHIVED February 2017 | Page 187

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

City : Panama City

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
$ 279,900
4 %
20 %
Average List Price of all Current Listings
$ 417,315
6 %
25 %
February Median Sales Price
$ 254,500
7 %
7 %
13 %
18 %
$ 240,531
9 %
11 %
February Average Sales Price
$ 245,775
-4%
0 %
-15% -11%
$ 249,436
-5%
-10%
Total Properties Currently for Sale ( Inventory )
79
-8%
-42%
February Number of Properties Sold
11
57 %
-21%
18
-10%
February Average Days on Market ( Solds )
127
46 % -29% -33% -15%
111
-42%
-26%
Asking Price per Square Foot ( based on New Listings )
$ 192
-11%
1 %
-7%
8 %
$ 205
26 %
15 %
February Sold Price per Square Foot
$ 159
2 %
3 %
-10%
-6%
$ 158
-7%
-7%
February Month ' s Supply of Inventory
7.2 -42% -31% -27% -45%
9.7
-39%
-26%
February Sale Price vs List Price Ratio
95.3 %
-. 3 % 1.3 %
. 7 %
1.4 %
95.4 %
-1%
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
18
February Property sales were 11 , down 21.4 % from 14 in
February of 2016 and 57.1 % higher than the 7 sales last month .
16
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at a mid level compared to February
18 of
14
February
2016 and Property 2015 . February sales were YTD 11 , down sales 21.4 of 18 % are from running 14 10.0 %
February of 2016 and 57.1 % higher than the 7 sales last month .
16 behind last year ' s year-to-date sales of 20 .
12
February 2017 sales were at a mid level compared to February of
14
10
2016 and 2015 . February YTD sales of 18 are running 10.0 % behind last year ' s year-to-date sales of 20 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
M
A M J
Prices
14
The Median Sales Price in February was $ 254,500 , up 13.0 %
400
Prices from $ 225,152 in February of 2016 and up 6.9 % from $ 238,162
The last Median month Sales . The Price Average in February Sales Price was in $ 254,500 February , up was 13.0 $ % 245,775 ,
400
350 from down $ 225,152 14.5 % from in February $ 287,551 of 2016 in February and up of 6.92016 % from and $ 238,162 down 3.7 %
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last from month $ 255,189 . The Average last month Sales . February Price in February 2017 ASP was was $ 245,775 at the lowest ,
350 down level 14.5 compared % from to $ 287,551 February in February of 2016 and of 2016 2015 and . down 3.7 %
300
from $ 255,189 last month . February 2017 ASP was at the lowest
300
250
level compared to February of 2016 and 2015 .
250
200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 79 , down of Properties 8.1 % from available 86 last for month sale as and of down February 42.3 % from was 79 137 , down in February 8.1 % from of last 86 last year month . February and down 2017 42.3 Inventory % from was 137 in at February a mid level of last compared year . February with February 2017 of 2016 Inventory and 2015 was . at a mid level compared with February of 2016 and 2015 .
200 150
160 140 120 100
80 A comparatively lower MSI is more beneficial for sellers while a 60 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 7.2
higher MSI is better for buyers . The February 2017 MSI of 7.2
40 months was at its lowest level compared with February of 2016 months was at its lowest level compared with February of 2016 20 and 2015 . and 2015 .
0

Panama Agent Name City Title Phone Website Other

Community Information | School District

79
M 14
87 3
79 84
7 87
8 84
81 81
3 81
M A M J A J 14
2 81
7 86
4 86
86 86 87 84
6 87 57
8 84
67 69 57
J A S O N D J 15
5
67 85 69
75 2 3
98 75 93
J A S O N D J F M A M J F M A M J
15
Number of Properties Sold
6
3 7 8 3 2 7 4 6 8 5 2 3 6 8 8
8 8 11
11 11 7
11
150
100
100
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
14 M J
J
A 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
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
160
Total Inventory & Month ' s Supply of Inventory ( MSI )
140
120
100
80
60
40 20 0
7 14
14 12 14 9 6 14
85 109 111
98
93 124
119 109
109 111
111 124
132 119
109 137
111 137
137 132
148 137
148 137 143 137
125 148
111 148
105 143
100 125
95 111
J A S O N D J F M A M J F M A M J 16
J A S O N D J
16
12 14 9 6
8
8 14 8 8
11 14 7 11 14 7 13
86 79
13 16 13 9 8 7 11
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
J A S O N D J
105
J A S O N D J 17
16
F
100 13
95 9
86
3 Mo Avg
8 79
F
17
7 11
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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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