FL ARCHIVED March 2017 | Page 215

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

County : Walton

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
$ 583,872
2 %
22 %
Average List Price of all Current Listings
$ 1,048,410
2 %
22 %
March Median Sales Price
$ 420,000
8 %
9 %
23 %
20 %
$ 390,000
13 %
11 %
March Average Sales Price
$ 675,484
5 %
11 %
27 %
17 %
$ 630,755
15 %
9 %
Total Properties Currently for Sale ( Inventory )
1,899
1 %
-9%
March Number of Properties Sold
307
40 %
15 %
720
18 %
March Average Days on Market ( Solds )
154
12 %
7 %
4 %
8 %
144
-5%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 378
11 %
8 %
10 %
17 %
$ 354
13 %
10 %
March Sold Price per Square Foot
$ 299
-6%
5 %
19 %
11 %
$ 297
14 %
10 %
March Month ' s Supply of Inventory
6.2 -28% -24% -21% -28%
8.2
-22%
-5%
March Sale Price vs List Price Ratio
93.5 % -1.4% -. 7 % -1.4% -. 6 %
94.1 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
March Property sales were 307 , up 14.6 % from 268 in March of
2016 and 39.5 % higher than the 220 sales last month . March
300
Property
2017 sales Sales were at their highest level compared to March of 2016
350
March and 2015 Property . March sales YTD were sales 307 , of up 720 14.6 are % from running 26817.6 in March % ahead of of
250
2016 last and year 39.5 ' s year-to-date % higher than sales the of 220 612 sales . last month . March
2017 sales were at their highest level compared to March of 2016
300
200
and 2015 . March YTD sales of 720 are running 17.6 % ahead of
250
last year ' s year-to-date sales of 612 .
150
200
100
150
100
50

Walton Agent County

Name
Title Phone Website Other

Community Information | School District

200 258 226 231 247 238
Number of Properties Sold
0
50 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 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 Prices
Median Sales Price and Average Sales Price
14 15
16
17 3 Mo Avg The Median Sales Price in March was $ 420,000 , up 22.6 % from
700
Prices $ 342,450 in March of 2016 and up 7.9 % from $ 389,150 last Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in March Price was in $ March 420,000 was , up $ 675,484 22.6 % from , up 650
700 $ 27.1 342,450 % from in March $ 531,608 of 2016 in March and up of 7.9 2016 % from and $ up 389,150 5.0 % from last 600 month . The Average Sales Price in March $ 675,484 , up 650
$ 643,271 last month . March 2017 ASP was at the highest level 550 27.1 compared % from $ to 531,608 March in of March 2016 and of 2016 2015 and . up 5.0 % from 600
500
$ 643,271 last month . March 2017 ASP was at the highest level 550 compared to March of 2016 and 2015 .
450 500
400
450 400
350
350 300
300 250
250 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 1,899 Inventory , up 0.9 % of from Properties 1,882 available last month for and sale down as of March 9.2 % from 3,000
14.0 was 2,092 1,899 in , March up 0.9 % of from last year 1,882 . March last month 2017 and Inventory down 9.2 was % from at its 3,000 14.0
2,500 12.0
2,092 lowest in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was at . its 2,500 12.0
10.0 lowest level compared with March of 2016 and 2015 .
2,000 10.0
2,000 8.0
1,500 8.0
1,500 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 higher MSI is better for buyers . The March 2017 MSI of 6.2
4.0 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 6.2
500 of 2016 and
2.0 500 months was at its lowest level compared with March of 2016 and 2.0
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
226 197 239 176 216
200 258 226 231 247 238 226 197 239 176 216 260 263 303 306 250 241 271 226 206 259 156 188 268 281 268 319 286 263 244 217 262 254 193 220 307
2,492 2,499 2,507 2,501 2,499 2,456 2,393 2,351 2,199 2,220 2,234 2,247 2,233 2,204 2,161 2,200 2,176
Number of Properties Sold
260 263 303 306 250 241
2,492 2,499 2,507 2,501 2,499 2,456 2,393 2,351 2,199 2,220 2,234 2,247 2,233 2,204 2,161 2,200 2,176 2,182 271 226 206 259 156 188 268 281 268 319 286 263 244
2,182 2,124 2,070 2,016 2,012 2,052 2,092 2,111 2,170 2,159 2,118 2,110 2,093 2,084 2,063 1,974 1,887 1,882 1,899
3 Mo Avg
217 262 254 193
2,124 2,070 2,016 2,012 2,052 2,092 2,111 2,170 2,159 2,118 2,110 2,093 2,084 2,063 1,974 1,887 1,882 1,899
3 Mo Avg
220
307
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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