FL ARCHIVED January 2017 | Page 201

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

City : Destin

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
$ 579,900
1 %
10 %
Average List Price of all Current Listings
$ 783,766
-1%
9 %
January Median Sales Price
$ 410,000
19 %
14 %
40 %
15 %
$ 410,000
40 %
15 %
January Average Sales Price
$ 585,056
46 %
21 %
7 %
20 %
$ 585,056
7 %
20 %
Total Properties Currently for Sale ( Inventory )
623
-7%
-26%
January Number of Properties Sold
71 -20%
58 %
71
58 %
January Average Days on Market ( Solds )
133
9 %
9 %
-16%
-5%
133
-16%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 272
-4%
-3%
-5%
-2%
$ 272
-5%
-2%
January Sold Price per Square Foot
$ 287
20 %
13 %
15 %
16 %
$ 287
15 %
16 %
January Month ' s Supply of Inventory
8.8
17 %
2 %
-53% -16%
8.8
-53%
-16%
January Sale Price vs List Price Ratio
92.9 %
-. 2 % -. 4 % 1.3 %
. 1 %
92.9 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
January Property sales were 71 , up 57.8 % from 45 in January of
2016 and 20.2 % lower than the 89 sales last month . January
Property
2017 sales Sales were at their highest level compared to January of
120
100
January
2016 and Property 2015 . sales January were YTD 71 , up sales 57.8 of % 71 from are 45 running January 57.8 % of
2016 ahead and of 20.2 last % year lower ' s year-to-date than the 89 sales last of 45 month . . January
2017 sales were at their highest level compared to January of
100
80
2016 and 2015 . January YTD sales of 71 are running 57.8 % ahead of last year ' s year-to-date sales of 45 .
80
60
60
40
40 20
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 410,000 , up 40.4 %
Prices from $ 292,000 in January of 2016 and up 18.8 % from
The
$ 345,000 Median last Sales month Price . in The January Average was Sales $ 410,000 Price , up in 40.4 January % was
600 from
$ 585,056 $ 292,000 , up 6.7 in January % from of $ 548,347 2016 and in up January 18.8 % of from 2016 and up
$
45.7 345,000 % from last $ month 401,594 . The last Average month . Sales January Price 2017 in January ASP was at the
550
F
M A M J
14
600
550
500
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
$ highest 585,056 level , up 6.7 compared % from $ to 548,347 January in January of 2016 of and 2016 2015 and . up
45.7 % from $ 401,594 last month . January 2017 ASP was at the
500
450
highest level compared to January of 2016 and 2015 .
450
400
400 350
350 300

Destin

44 63
Agent Name
89
Title Phone Website Other

Community Information | School District

93 84 89
Number of Properties Sold
44 63 89 93 84 89 77 92 80 55 83 59 62 104 86 84 103 72 92 77 61 56 68 45 56 92 84 94 85 69 108 81 79 77 89 71
300 250 250
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 623 , down of Properties 6.6 % from available 667 last for sale month as of and down 1,200
25.0
January 25.9 % from was 623 841 , down in January 6.6 % from of last 667 year last . month January and 2017 down Inventory 1,200 25.0
1,000 20.0
25.9 was % at from its lowest 841 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 1,000 . 20.0 was at its lowest level compared with January of 2016 and 2015 . 800 800
15.0
600 15.0
600 10.0
A comparatively lower MSI is more beneficial for sellers while a 400
10.0 A comparatively lower MSI is more beneficial for sellers while a 400 higher MSI is better for buyers . The January 2017 MSI of 8.8 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 8.8 200
5.0 of 2016 200
5.0 months and 2015 was . at its lowest level compared with January of 2016
0 0.0 and 2015 . 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
77 92 80 55 83
987 1,006 999 999 977 985 958 953 941 919 890 874 879 894 888 885 884 901 904 919 899 877 852 841 815 842
59
987 1,006 999 999 977 985 958 953 941 919 890 874 879 894 888 885 884 901 904 919 899 877 852
62 104 86 84 103 72 92 77 61 56 68 45 56 92 84 94 85 69
842 816 832 795 769 750 754 727 667 623
3 Mo Avg
108 81
841 815 842 842 816 832 795 769 750 754 727
79
3 Mo Avg
77
667
623 89 71
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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