Fort Walton Beach Community Information | School District
Fort Walton Beach Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for January was 62 , down 49.6 % from 123 days last month and down 34.7 % from 95 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The January 2017 Selling Price per Square Foot of $ 138 was down 20.6 % from $ 174 last month and up 0.9 % from 137 in January of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The January 2017 Selling Price vs Original List Price of 95.7 % was down from 97.0 % last month and up from 91.6 % in January of last year .
Days On Market for Sold Properties
200 |
|
|
180 |
|
|
160 |
|
|
140 |
|
|
120 |
|
|
100 |
86 |
95 |
80 |
62 |
60 |
40 |
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 |
|
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|
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15 |
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|
16 |
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17 |
Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
98 % 96 % 94 % 92 % 90 % 88 %
142
Selling Price versus Listing Price Ratio
137 138
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 |
|
|
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15 |
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16 |
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|
17 |
Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.0 % 91.6 %
3 Mo Avg
3 Mo Avg
95.7 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in January 2017 was 99 , up 26.9 % from 78 last month and down 8.3 % from 108 in January of last year .
86 %
700 600 500 400 300 200 100
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 |
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|
15 |
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|
|
16 |
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|
|
17 |
Inventory / New Listings / Sales |
516 532 530 561 566 583 578 575 573 544 516 517 494 504 523 547 544 572 549
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 |
|
|
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|
15 |
|
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16 |
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|
17 |
507 492 466 448 450 417 406 392 398 388 392 362 334 322 308 295 287
204 | c o l d w e l l b a n k e r h o m e s . c o m