FL ARCHIVED January 2017 | Page 197

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

County : Okaloosa

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
$ 299,000
3 %
9 %
Average List Price of all Current Listings
$ 489,400
0 %
12 %
January Median Sales Price
$ 218,000
-0%
0 %
12 %
-1%
$ 218,000
12 %
-1%
January Average Sales Price
$ 319,536
16 %
11 %
20 %
13 %
$ 319,536
20 %
13 %
Total Properties Currently for Sale ( Inventory )
1,579
-6%
-29%
January Number of Properties Sold
245 -32%
7 %
245
7 %
January Average Days on Market ( Solds )
95 -12% -4% -17%
-8%
95
-17%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 168
2 %
-2%
6 %
2 %
$ 168
6 %
2 %
January Sold Price per Square Foot
$ 167
9 %
8 %
21 %
13 %
$ 167
22 %
14 %
January Month ' s Supply of Inventory
6.4
39 %
16 % -33%
11 %
6.4
-33%
11 %
January Sale Price vs List Price Ratio
94.5 % -1.3% -. 4 % 2.3 %
-. 3 %
94.5 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
January Property sales were 245 , up 6.5 % from 230 in January of 2016 and 32.3 % lower than the 362 sales last month . January
450
Property
2017 sales Sales were at their highest level compared to January of
500
400
January
2016 and Property 2015 . sales January were YTD 245 , sales up 6.5 of % 245 from are 230 running January 6.5 % of ahead 2016 and of last 32.3 year % lower ' s year-to-date than the 362 sales sales of 230 last . month . January
2017 sales were at their highest level compared to January of
450
400
350
300
2016 and 2015 . January YTD sales of 245 are running 6.5 %
350
250
ahead of last year ' s year-to-date sales of 230 .
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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
Prices
The Median Sales Price in January was $ 218,000 , up 11.7 %
Prices from $ 195,248 in January of 2016 and down 0.1 % from
The
$ 218,320 Median last Sales month Price . in The January Average was Sales $ 218,000 Price , up in January 11.7 % was
350 from
$ 319,536 $ 195,248 , up in 19.9 January % from of $ 2016 266,503 and in down January 0.1 % from of 2016 and up $ 218,320 last month . The Average Sales Price in January
330
16.4 % from $ 274,519 last month . January 2017 ASP was at the
$ 319,536 , up 19.9 % from $ 266,503 in January of 2016 and up
310 highest level compared to January of 2016 and 2015 .
16.4 % from $ 274,519 last month . January 2017 ASP was at the
290 highest level compared to January of 2016 and 2015 .
270
250
230
210
190
170
150
F
M A M J
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
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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
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 1,579 of , down Properties 6.1 % from available 1,681 for last sale month as of and down
3,000
January
28.9 % from was 1,579 2,220 , down in January 6.1 % from of last 1,681 year last . month January and 2017 down
3,000
2,500
28.9
Inventory % from was 2,220 at in its January lowest level of last compared year . January with 2017 January of 2016
2,500
Inventory and 2015 was . at its lowest level compared with January of 2016
2,000 and 2015 .
2,000
1,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
10.0
8.0
12.0
10.0
8.0
6.0
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000 higher MSI is better for buyers . The January 2017 MSI of 6.4 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 6.4
500 of 2016
500 months and 2015 was
. at its lowest level compared with January of 2016
0 and 2015 .
0
F
M A M J
M A J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
6.0
4.0
2.0
0.0
J A S O N D J
17
4.0
2.0
0.0
232 280 300 362 385 366 333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 398 448 402 369 323 362 245
2,585 2,701 2,691 2,714 2,735 2,779 2,767 2,714 2,698 2,623 2,534 2,524 2,453 2,473 2,483 2,521 2,549 2,599 2,540 2,454 2,400 2,307 2,232 2,220 2,205
F
14
232 280 300 362 385 366 333 340 363 259
J A S O N D J 15
347
Number of Properties Sold
2,585 2,701 2,691 2,714 2,735 2,779 2,767 2,714 2,698 2,623 2,534 2,524 2,453 2,473 2,483 2,521 2,549 2,599 2,540 2,454
243 295 387 388 399 466 410 399 367
J A S O N D J
16
320 267 341 230 286 377 391 405 451
2,400 2,307 2,232 2,220 2,205 2,228 2,274 2,236 2,211 2,156 2,010
398
2,228 2,274 2,236 2,211 2,156 2,010 1,912 1,865 1,787 1,681
3 Mo Avg
448 1,579
J A S O N D J
17
402 369
1,912 1,865 1,787 1,681
3 Mo Avg
323
1,579 362 245
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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