FL ARCHIVED April 2017 | Page 197

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

County : Okaloosa

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
$ 319,000
7 %
14 %
Average List Price of all Current Listings
$ 502,347
4 %
11 %
April Median Sales Price
$ 249,000
16 %
12 %
16 %
13 %
$ 223,000
9 %
1 %
April Average Sales Price
$ 300,452
7 %
3 %
7 %
7 %
$ 291,868
7 %
4 %
Total Properties Currently for Sale ( Inventory )
1,617
-7%
-30%
April Number of Properties Sold
381
-8%
-3%
1,365
6 %
April Average Days on Market ( Solds )
98
-3%
-2%
-3%
-5%
100
-12%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 171
-7%
-2%
7 %
4 %
$ 175
9 %
6 %
April Sold Price per Square Foot
$ 163
2 %
1 %
16 %
11 %
$ 161
13 %
10 %
April Month ' s Supply of Inventory
4.2
1 %
-9% -28% -28%
5.2
-29%
-12%
April Sale Price vs List Price Ratio
96.4 %
. 4 %
1.0 % 1.8 % 1.7 %
95.5 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
500
April Property sales were 381 , down 2.6 % from 391 in April of
2016 and 8.4 % lower than the 416 sales last month . April 2017
450
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
500
400
April
2015 Property . April YTD sales sales were of 381 1,365 , down are 2.6 running % from 6.3 391 % in ahead April of last
450
2016 year and ' s year-to-date 8.4 % lower sales than the of 1,284 416 sales . last month . April 2017 sales were at their lowest level compared to April of 2016 and
400
350
300
2015 . April YTD sales of 1,365 are running 6.3 % ahead of last year ' s year-to-date sales of 1,284 .
350
300
250
200
250
150
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 249,000 , up 15.8 % from
Prices
$ 215,000 in April of 2016 and up 16.3 % from $ 214,175 last
The month Median . The Sales Average Price Sales in April Price was in $ 249,000 April was , up $ 300,452 15.8 % from , up 6.5 %
350
$ from 215,000 $ 282,111 in April in of April 2016 of and 2016 up and 16.3 % up from 6.7 % $ from 214,175 $ 281,688 last last . The Average Sales Price in April was $ 300,452 , up 6.5 %
330 month . April 2017 ASP was at the highest level compared to from $ 282,111 in April of 2016 and up 6.7 % from $ 281,688 last
310
April of 2016 and 2015 . month . April 2017 ASP was at the highest level compared to
290
April of 2016 and 2015 .
270
250
230
210
190
170
150
M
J
J
14
350
330
310
290
270
250
230
210
190
170
150
M
M
J
14
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
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
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 A
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 April
The was Total 1,617 Inventory , down 7.3 of % Properties from 1,745 available last month for sale and as down of April 29.7 %
3,000 was from 1,617 2,301 , down in April 7.3 % from of last 1,745 year last . April month 2017 and Inventory down 29.7 was % at its
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from lowest 2,301 level in compared April of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest level compared with April of 2016 and 2015 .
2,500
2,000
10.0
8.0
2,000
1,500
8.0
6.0
1,500
6.0
A comparatively lower MSI is more beneficial for sellers while a
1,000
A comparatively lower MSI is more beneficial for sellers while a
1,000
4.0 higher MSI is better for buyers . The April 2017 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 4.2
500 of 2016 and
500
2.0 months
2015 . was at its lowest level compared with April of 2016 and
0
2015 .
0
0.0
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 A
14
15
16
17
14
15
16
17
4.0
2.0
0.0
362 385 366 333 340 363 259 347 243
362 385 366 333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 400 448 402 369 324 364 257 311 416 381
2,717 2,738 2,782 2,770 2,717 2,701 2,627 2,538 2,528 2,457 2,477 2,488 2,528 2,557 2,607 2,550 2,464 2,410 2,317 2,244 2,233
295 387 388 399 466 410 399 367
2,717 2,738 2,782 2,770 2,717 2,701 2,627 2,538 2,528 2,457 2,477 2,488 2,528 2,557 2,607 2,550 2,464 2,410 320 267 341 230 286 377 391 405 451 400 448
2,317 2,244 2,233 2,227 2,251 2,301 2,266 2,240 2,182 2,040 1,956
2,227 2,251 2,301 2,266 2,240 2,182 2,040 1,956 1,913 1,858 1,772 1,731 402 369 324
1,719 1,745 1,617
364 257
1,913 1,858 1,772 1,731 1,719 1,745
311
1,617 416 381
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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