FL ARCHIVED January 2017 | Page 203

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 269,000
0 %
14 %
Average List Price of all Current Listings
$ 313,707
-1%
5 %
January Median Sales Price
$ 171,000
-28% -15% -9%
-14%
$ 171,000
-9%
-14%
January Average Sales Price
$ 186,362
-29% -16% -14% -17%
$ 186,362
-14%
-17%
Total Properties Currently for Sale ( Inventory )
287
-3%
-36%
January Number of Properties Sold
56 -24%
-18%
56
-18%
January Average Days on Market ( Solds )
62 -50% -35% -35% -38%
62
-35%
-38%
Asking Price per Square Foot ( based on New Listings )
$ 159
-7%
-4%
5 %
-4%
$ 159
5 %
-4%
January Sold Price per Square Foot
$ 138
-21% -10%
1 %
-7%
$ 138
1 %
-7%
January Month ' s Supply of Inventory
5.1
29 %
16 % -23%
13 %
5.1
-23%
13 %
January Sale Price vs List Price Ratio
95.7 % -1.3% . 1 %
4.5 %
. 5 %
95.7 %
4 %
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 56 , down 17.6 % from 68 in January
of 2016 and 24.3 % lower than the 74 sales last month . January
Property
2017 sales Sales were at their lowest level compared to January of
120
100
January
2016 and Property 2015 . sales January were YTD 56 , down sales 17.6 of 56 % are from running 68 January 17.6 % of behind 2016 and last 24.3 year %' s lower year-to-date than the sales 74 sales of 68 last . month . January
2017 sales were at their lowest level compared to January of
100
80
2016 and 2015 . January YTD sales of 56 are running 17.6 % behind last year ' s year-to-date sales of 68 .
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 January was $ 171,000 , down 9.3 %
Prices from $ 188,500 in January of 2016 and down 28.1 % from The $ 237,750 Median last Sales month Price . in The January Average was Sales $ 171,000 Price , down in January 9.3 % was from $ 186,362 $ 188,500 , down in January 13.6 % from of 2016 $ 215,678 and down in January 28.1 % from of 2016 and 290 $ down 237,750 28.7 last % month from $ . 261,455 The Average last month Sales Price . January in January 2017 was ASP was $ 186,362 , down 13.6 % from $ 215,678 in January of 2016 and 270 at the lowest level compared to January of 2016 and 2015 . down 28.7 % from $ 261,455 last month . January 2017 ASP was 250
at the lowest level compared to January of 2016 and 2015 . 230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 287 , down of Properties 2.7 % from available 295 last for sale month as of and down January 36.2 % from was 287 450 , down in January 2.7 % from of last 295 year last . month January and 2017 down Inventory 700 36.2 was % at from its lowest 450 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 600 . was at its lowest level compared with January of 2016 and 2015 .
500
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 January for 2017 sellers MSI while of a 5.1 200
higher months
MSI was is better at its lowest for buyers level
. The compared
January with 2017 January MSI of 5.1 of 2016 months was at its lowest level compared with January of 2016
100 and 2015 . and 2015 . 0
40
20
0
210 190 170 150
400
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
14
15
16
17
F
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
290
Median Sales Price and Average Sales Price
59 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 74 56
270 250 230 210 190 170 150
F 14
700 600 500 400
516
300 200 100
59 78 71 92 82 75 86 68 81
M14 A 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 )
532
530 516
561 532
566 530
583 561
578 566
575 583
573 578 544 575
516 573
63
517
494 91 61 78 87 84 92 97
3 Mo Avg
516 504
517 523 494 547 504 544 572
523
549 547
507 544
492 572
466 549
448 507
450 492
417 466
406 448
392 450
398 417 388 406
392 392
362 398
334 388
322 392
308 362
295 334
287 322
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
83
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
17
544
88 90 95 71 82 68 69 96 85 91 86 96 85 87
10.0 8.0 6.0 4.0
308
2.0
86 295
74
287 74 56
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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