FL ARCHIVED January 2017 | Page 189

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 389,900
3 %
15 %
Average List Price of all Current Listings
$ 543,263
-3%
16 %
January Median Sales Price
$ 289,975
-16% -5%
26 %
4 %
$ 289,975
26 %
4 %
January Average Sales Price
$ 337,111
-19% -16% 45 %
-3%
$ 337,111
45 %
-3%
Total Properties Currently for Sale ( Inventory )
233
-9%
-13%
January Number of Properties Sold
24
0 %
100 %
24
100 %
January Average Days on Market ( Solds )
126
25 %
2 %
-19%
-4%
126
-19%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 267
-7%
-7%
14 %
-4%
$ 267
14 %
-4%
January Sold Price per Square Foot
$ 237
-11% -6%
17 %
1 %
$ 237
16 %
0 %
January Month ' s Supply of Inventory
9.7
-9% -22% -56% -20%
9.7
-56%
-20%
January Sale Price vs List Price Ratio
94.0 %
. 2 %
-. 3 % -1.9% -. 3 %
94.0 %
-2%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 24 , up 100.0 % from 12 in January
of 2016 and the same as the 24 sales last month . January 2017 Property sales were Sales at their highest level compared to January of 2016 50
January and 2015 Property . January sales YTD were sales 24 , up of 24 100.0 are % running from 12100.0 in January % ahead 45 of of last 2016 year and ' s year-to-date the same as the sales 24 of sales 12 . last month . January 2017 sales were at their highest level compared to January of 2016 40 and 2015 . January YTD sales of 24 are running 100.0 % ahead of 35 last year ' s year-to-date sales of 12 .
30

Panama City Agent NameBeach Title Phone Website Other

Community Information | School District

25
50 45 40 35 30 25 20 15
Number of Properties Sold
Number of Properties Sold
20
10
15
5
10
0
5
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 $ 289,975 , up 25.7 %
500
Prices from $ 230,750 in January of 2016 and down 15.9 % from
The
$ 345,000 Median last Sales month Price . in The January Average was Sales $ 289,975 Price , up in 25.7 January % was
500
450 from
$ 337,111 $ 230,750 , up 44.5 in January % from of $ 233,283 2016 and in down January 15.9 % of from 2016 and down
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
$
18.6 345,000 % from last $ month 414,110 . The last Average month . Sales January Price 2017 in January ASP was was at the
450
$ highest 337,111 , level up 44.5 compared % from $ to 233,283 January in January of 2016 and of 2016 2015 and . down
400
18.6 % from $ 414,110 last month . January 2017 ASP was at the
400
350
highest level compared to January of 2016 and 2015 .
350
300
13 11 15 22 23 20 20 26 17 16 25 11 23 36 24 29
3 Mo Avg
13 11 15 22 23 20 20 26 17 16 25 11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 24 31 20 21 45 23 26 16 24 24
22 22 21 27 40 26 35 12 21 26 24 31 20 21 45 23 26
3 Mo Avg
16 24 24
300 250 200
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 233 , down of Properties 8.6 % from available 255 last for sale month as of and down January 12.7 % from was 233 267 , down in January 8.6 % from of last 255 year last . January month and 2017 down Inventory 350 12.7 was % at from its lowest 267 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 300 . was at its lowest level compared with January 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 January for 2017 sellers MSI while of a 9.7 100
higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 9.7 of 2016 months was at its lowest level compared with January of 2016
50 and 2015 . and 2015 .
0
250
200
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
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
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
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
0.0
183 193
203 183
215 193
212 203
215 215
225 212
238 215
256 225 256
238 242
256 255
256
241 242
240
255 261 241 276 240 282 283
261
297 276
295 282
278 283
267 297
265 295
267 278
272 267
267 265
267 267
262 272 250 267
263 267
263
262 274 250 283 263
272 263
255 274
233
283 272
255
233
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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