FL ARCHIVED March 2017 | Page 187

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

City : Panama City

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
$ 285,000
2 %
22 %
Average List Price of all Current Listings
$ 408,618
-1%
22 %
March Median Sales Price
$ 282,000
13 %
13 %
17 %
30 %
$ 248,700
13 %
14 %
March Average Sales Price
$ 326,818
35 %
17 %
28 %
18 %
$ 276,162
6 %
-1%
Total Properties Currently for Sale ( Inventory )
59 -25%
-57%
March Number of Properties Sold
11
-8%
38 %
30
7 %
March Average Days on Market ( Solds )
144
18 %
-2% -12%
-3%
122
-33%
-18%
Asking Price per Square Foot ( based on New Listings )
$ 227
18 %
13 %
9 %
27 %
$ 211
22 %
18 %
March Sold Price per Square Foot
$ 201
22 %
17 %
0 %
19 %
$ 176
-1%
4 %
March Month ' s Supply of Inventory
5.4 -19% -34% -69% -59%
8.1
-51%
-38%
March Sale Price vs List Price Ratio
93.7 % -1.4% -1.3% -2.1% -. 3 %
94.6 %
-1%
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Panama Agent Name City Title Phone Website Other

Community Information | School District

Property Sales
18
March Property sales were 11 , up 37.5 % from 8 in March of 2016 and 8.3 % lower than the 12 sales last month . March 2017 sales
16
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to March of 2016 and 2015 18.
14
March Property YTD sales sales of were 30 are 11 , running up 37.5 % 7.1 from % ahead 8 in March of last of year 2016 ' s yearto-date sales of 28 . and 8.3 % lower than the 12 sales last month . March 2017 sales
16
12
were at their highest level compared to March of 2016 and 2015 .
14
10
March YTD sales of 30 are running 7.1 % ahead of last year ' s yearto-date sales of 28 .
12
8
10
6
8
4
6
2
4
0
2
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
0
14
15
16
17
A
M J
Prices
14
The Median Sales Price in March was $ 282,000 , up 17.0 % from
400
Prices
$ 241,100 in March of 2016 and up 13.4 % from $ 248,700 last
The month Median . The Sales Average Price Sales in March Price was in $ March 282,000 was , up $ 326,818 17.0 % from , up
400
350
$
28.5 241,100 % from in March $ 254,361 of 2016 in March and up of 13.4 2016 % from and $ up 248,700 35.1 % from last
J
A S O N D
JMedian
F M A MSales J
J APrice S O Nand D
J Average
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 241,960 . The last Average month Sales . March Price 2017 in March ASP was $ at 326,818 the highest , up level
350
28.5 compared % from $ to 254,361 March in of March 2016 and of 2016 2015 and . up 35.1 % from
300
$ 241,960 last month . March 2017 ASP was at the highest level
300
250
compared to March of 2016 and 2015 .
250
200
200 150
87 84
7 87
8 84
81 81
3 81
2 81
7 86
4 86
86 86 87 84
6 87 57
8 84
5
67 69 57 67 85 69
75
2 3 98
6 75 93
Number of Properties Sold
150 100
100 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 M
14 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 F M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 59 , down Inventory 25.3 of % Properties from 79 last available month for and sale down as of 57.2 March % from 160
45.0 was 13859 in , down March 25.3 of % last from year 79 . March last month 2017 and Inventory down 57.2 was % from at its 160 140
45.0 40.0
138 lowest in March level of compared last year . with March March 2017 of Inventory 2016 and was 2015 at its . 140 120
40.0 35.0 lowest level compared with March of 2016 and 2015 . 120
35.0 100
30.0
100
30.0 25.0 80
25.0 80
20.0 60
A comparatively lower MSI is more beneficial for sellers while a 20.0
60
15.0
A comparatively lower MSI is more beneficial for sellers while a 15.0 higher MSI is better for buyers . The March 2017 MSI of 5.4 40
10.0 higher MSI is better for buyers . The March 2017 MSI of 5.4 40
10.0 months was at its lowest level compared with March of 2016 and 20
5.0 months was at its lowest level compared with March of 2016 and 20
5.0 2015 .
0 0.0
2015 . 0
0.0 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 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
15 16
17 14
15 16
17
7 8 3 2 7 4 6 8 5 2 3 6 8 8
8 8 11
11 11 7
11 7 14 12 14
14 12 14 9 6 14 9 6
85
109 98 111 93
124
119 109
109 111
112 124
133 119
109 138
112 138
138 133
149 138
148 138
143 138
126 149
112 148
106 143
101 126
96 112
8
8 14 8 8
11 14 8 11 14 8 13 86
16
106 79
101 13 59
13 16 13 9 8 7
9
12 11
96 86
8 79
3 Mo Avg
7
59 12 11
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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