FL ARCHIVED January 2017 | Page 187

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 272,378
0 %
17 %
Average List Price of all Current Listings
$ 398,565
6 %
23 %
January Median Sales Price
$ 142,000
-44% -29% -33% -34%
$ 142,000
-33%
-34%
January Average Sales Price
$ 262,000
-9% -11% 26 %
-6%
$ 262,000
26 %
-6%
Total Properties Currently for Sale ( Inventory )
84 -11%
-36%
January Number of Properties Sold
5 -38%
-17%
5
-17%
January Average Days on Market ( Solds )
121 -50% -40% -38% -20%
121
-38%
-20%
Asking Price per Square Foot ( based on New Listings )
$ 216
32 %
14 %
47 %
21 %
$ 216
47 %
21 %
January Sold Price per Square Foot
$ 144
-10% -5%
-3%
-15%
$ 144
-3%
-15%
January Month ' s Supply of Inventory
16.8
43 %
27 % -24%
28 %
16.8
-24%
28 %
January Sale Price vs List Price Ratio
93.8 % -2.3% 1.9 % -5.9% -. 1 %
93.8 %
-6%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Panama Agent Name City Title Phone Website Other

Community Information | School District

Property Sales
18
January Property sales were 5 , down 16.7 % from 6 in January of
2016 and 37.5 % lower than the 8 sales last month . January 2017
16
Number of Properties Sold
3 Mo Avg
Property sales were Sales at a mid level compared to January of 2016 and 2015 18.
14
January Property YTD sales sales of were 5 are 5 running , down 16.7 16.7 %% from behind 6 January last year of ' s yearto-date sales of 6 .
2016 and 37.5 % lower than the 8 sales last month . January 2017
16
12
sales were at a mid level compared to January of 2016 and 2015 .
14
10
January YTD sales of 5 are running 16.7 % behind last year ' s yearto-date sales of 6 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
F
M A M J
Prices
14
The Median Sales Price in January was $ 142,000 , down 32.6 %
400
Prices from $ 210,617 in January of 2016 and down 43.8 % from
The
$ 252,500 Median last Sales month Price . in The January Average was Sales $ 142,000 Price , down in January 32.6 % was
400
350 from
$ 262,000 $ 210,617 , up in 26.1 January % from of 2016 $ 207,706 and down in January 43.8 % of from 2016 and
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 252,500 9.4 last % from month $ 289,104 . The Average last month Sales . Price January in January 2017 ASP was was
350
$ at 262,000 the highest , up 26.1 level % from compared $ 207,706 to January in January of 2016 of 2016 and and 2015 .
300
down 9.4 % from $ 289,104 last month . January 2017 ASP was
300
250
at the highest level compared to January of 2016 and 2015 .
250
200
200 150
76
79 8 3
87 76
84 79 7 8
81
81 3 2 7 4
86 86 87 84
6
57 8
67 69
5 75
2
Number of Properties Sold
150
100
100
F
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
M
14 A 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
17
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 84 , down of Properties 10.6 % from available 94 last for month sale as and of down
January
36.4 % from was 84 132 , down in January 10.6 % from of last 94 year last . month January and 2017 down Inventory
160
36.4 was % at from a mid 132 level in January compared of last with year January . of 2016 2017 Inventory and 2015 .
140
160
140
120
Total Inventory & Month ' s Supply of Inventory ( MSI )
45.0
40.0
45.0
40.0
35.0
was at a mid level compared with January of 2016 and 2015 .
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 January for 2017 sellers MSI while of a 16.8 higher MSI is better for buyers . The January 2017 MSI of 16.8
40 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016
20 and 2015 . and 2015 .
0
35.0
100
30.0
80
25.0
60
20.0
40
15.0
20
10.0
5.0
0
0.0
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 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
14
15
16
17
14
15
16
17
30.0
25.0
20.0
15.0
10.0
5.0
0.0
87 84 81 81 86 86 87 84
57
3 98
67 85 69
6
75 93
8 3 7 8 3 2 7 4 6 8 5 2 3 6 8 8
8 8 11
11 11 7
11 7 14 12
14 12 14 9 6
14
14 9 6
85
109
111 98
93 124
120 109
109 111
111 124
132 120
109 137
111 137
137 132
148 137 148
137 142 137
124 148
110 148
104 142
99 124
8
8 14 8 8
11 14 7
11 14 7 94
110 13 84
104 16
99 13
13 16 13 9 8 5
94
3 Mo Avg
9
84 8 5
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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