FL ARCHIVED February 2017 | Page 203

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

City : Fort Walton 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
$ 295,000
10 %
20 %
Average List Price of all Current Listings
$ 333,200
5 %
11 %
February Median Sales Price
$ 210,000
22 %
2 %
11 %
5 %
$ 199,950
5 %
0 %
February Average Sales Price
$ 235,229
19 %
2 %
10 %
5 %
$ 217,692
1 %
-3%
Total Properties Currently for Sale ( Inventory )
296
-4%
-29%
February Number of Properties Sold
69
13 %
0 %
130
-5%
February Average Days on Market ( Solds )
122
69 %
16 %
20 %
22 %
99
0 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 179
13 %
7 %
-1%
8 %
$ 169
2 %
2 %
February Sold Price per Square Foot
$ 161
14 %
1 %
8 %
9 %
$ 152
6 %
3 %
February Month ' s Supply of Inventory
4.3 -15% -4% -29%
-6%
4.7
-26%
2 %
February Sale Price vs List Price Ratio
93.5 % -2.0% -1.8% . 9 %
-1.8%
94.4 %
2 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
February Property sales were 69 , equal to 69 in February of
2016 and 13.1 % higher than the 61 sales last month . February
Property
2017 sales Sales were at their lowest level compared to February of
120
100
February
2016 and Property 2015 . February sales were YTD 69 , equal sales to of 69 130 in are February running of 5.1 %
2016 behind and last 13.1 year % higher ' s year-to-date than the 61 sales sales of last 137 month . . February
2017 sales were at their lowest level compared to February of
100
80
2016 and 2015 . February YTD sales of 130 are running 5.1 % behind last year ' s year-to-date sales of 137 .
80
60

Fort Walton Agent Name Beach Title Phone Website Other

Community Information | School District

60
40
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in February was $ 210,000 , up 10.5 %
Prices from $ 190,000 in February of 2016 and up 22.1 % from The $ 172,000 Median last Sales month Price . in The February Average was Sales $ 210,000 Price , in up February 10.5 % was from $ 235,229 $ 190,000 , up in 10.2 February % from of $ 213,475 2016 and in up February 22.1 % from of 2016 and up 290 $ 18.9 172,000 % from last $ month 197,855 . The last Average month Sales . February Price in 2017 February ASP was at the $ 235,229 , up 10.2 % from $ 213,475 in February of 2016 and up 270 highest level compared to February of 2016 and 2015 . 18.9 % from $ 197,855 last month . February 2017 ASP was at the 250
highest level compared to February of 2016 and 2015 . 230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The February Total Inventory was 296 , of down Properties 3.9 % from available 308 for last sale month as of and down February 29.2 % from was 296 418 , in down February 3.9 % from of last 308 year last . month February and 2017 down 700 29.2 Inventory % from was 418 in at February its lowest of level last compared year . February with 2017 February of 600 Inventory 2016 and was 2015 at . its lowest level compared with February of
500 2016 and 2015 .
400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2017 MSI while of a 4.3200
higher months
MSI was is better at its lowest for buyers level
. The compared
February with
2017 February
MSI of 4.3 of 2016 months was at its lowest level compared with February of 2016
100 and 2015 . and 2015 . 0
40
20
0
210 190 170 150
20
0
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
14
15
16
17
M
A M J
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
290
Median Sales Price and Average Sales Price
78 71 92 82 75 86 68 81 63 91 61 78 87 84 92 97 83 88 90 95 71 82 68 69 96 85 91 86 96 85 87 86 74 75 61 69
270 250 230 210 190 170
M 14
532
A
14 M J
J
A S O N D
J
15
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
530
561 532
566 530
583 561
578 566
575 583
573 578
544 575 516 573
517
544 494 504
517 523 494 548 504 545 523 573 550
548
508 545
493 573
467 550
449 508
451 493
418 467
407 449
393 451
399 418
389 407 393 393
363 399
337 389
326 393
321 363
309 337
308 326
296 321
0
0.0 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
A 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 14
15 16
17 15
16 17
M
14
78 71 92 82 75 86 68 81 63 91 61 78 87 84 92 97 83 88 90 95 71 82 68 69 96 85 91 86 96 85 87 86
3 Mo Avg
150
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
F
17
700 600 500 400 300 200 100
516
10.0 8.0 6.0 4.0
309
2.0
74 308
75
296 61 69
10.0 8.0
6.0 4.0 2.0 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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