FL ARCHIVED March 2017 | Page 203

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 279,000
-2%
9 %
Average List Price of all Current Listings
$ 326,019
-0%
7 %
March Median Sales Price
$ 190,000
-10% -5%
4 %
-5%
$ 196,580
6 %
-2%
March Average Sales Price
$ 228,746
-4%
-2%
12 %
2 %
$ 222,947
6 %
-1%
Total Properties Currently for Sale ( Inventory )
297
-6%
-27%
March Number of Properties Sold
89
27 %
-7%
220
-6%
March Average Days on Market ( Solds )
79 -35% -20% -30% -21%
91
-13%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 175
-4%
2 %
18 %
7 %
$ 172
8 %
5 %
March Sold Price per Square Foot
$ 157
-3%
-1%
14 %
6 %
$ 155
10 %
5 %
March Month ' s Supply of Inventory
3.3 -26% -23% -22% -28%
4.4
-23%
-6%
March Sale Price vs List Price Ratio
95.6 %
2.4 %
. 2 %
. 1 %
. 4 %
94.8 %
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
March Property sales were 89 , down 7.3 % from 96 in March of
2016 and 27.1 % higher than the 70 sales last month . March
Property
2017 sales Sales were at a mid level compared to March of 2016 and
120
100
March
2015 . Property March YTD sales sales were of 89220 , down are 7.3 running % from 5.6 96 % in behind March of last
2016 year and ' s year-to-date 27.1 % higher sales than of the 233 70 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
100
80
2015 . March YTD sales of 220 are running 5.6 % behind last year ' s year-to-date sales of 233 .
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 March was $ 190,000 , up 3.9 % from
Prices $ 182,945 in March of 2016 and down 10.1 % from $ 211,250 last The month Median . The Sales Average Price Sales in March Price was in $ March 190,000 was , up $ 228,746 3.9 % from , up $ 11.6 182,945 % from in March $ 205,060 of 2016 in March and down of 2016 10.1 % and from down $ 211,250 3.7 % from last 290 month $ 237,440 . The last Average month Sales . March Price 2017 in March ASP was $ at 228,746 the highest , up level 11.6 % from $ 205,060 in March of 2016 and down 3.7 % from 270 compared to March of 2016 and 2015 . $ 237,440 last month . March 2017 ASP was at the highest level 250
compared to March of 2016 and 2015 . 230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 297 , Inventory down 5.7 % of from Properties 315 last available month for and sale down as of 27.4 March % from was 409297 in , March down 5.7 of % last from year 315 . March last month 2017 and Inventory down 27.4 was % at from its 700 409 lowest in March level compared of last year . with March March 2017 of Inventory 2016 and was 2015 at . its 600 lowest level compared with March of 2016 and 2015 . 500 400 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 March for 2017 sellers MSI while of 3.3 a 200
higher months
MSI was is better at its lowest for buyers level
. The compared
March 2017 with MSI March of 3.3 of 2016 and months was at its lowest level compared with March of 2016 and
100 2015 . 2015 . 0
40
20
0
210 190 170 150
20
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
14
15
16
17
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
F M
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
290
Median Sales Price and Average Sales Price
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 75 61 70 89
270 250 230 210 190 170 150
A 14
700 600 500 400
531
300 200 100
M14J
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 )
562
567 531
584 562
579 567
576 584
574 579
545 576
517 574 518 545
495
517 505 524 495 550 505 547 524 575
550 552
510
547
495 575
469 552
451 510
453 495
420 469
409 451
396 453
402 420
392 409
396 396 368 402
343 392
332 396
327 368
318 343
319 332
315 327
297 318
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
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 15
16 17
A
14
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
3 Mo Avg
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
F M
17
518
10.0 8.0 6.0
319
4.0 2.0
75 315
61
297 70 89
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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