FL ARCHIVED April 2017 | Page 201

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

City : Destin

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
$ 576,750
3 %
5 %
Average List Price of all Current Listings
$ 793,171
1 %
5 %
April Median Sales Price
$ 371,000
0 %
1 %
8 %
5 %
$ 367,000
15 %
3 %
April Average Sales Price
$ 487,780
7 %
0 %
-1%
0 %
$ 486,179
-1%
0 %
Total Properties Currently for Sale ( Inventory )
642
-3%
-25%
April Number of Properties Sold
91 -12%
8 %
342
23 %
April Average Days on Market ( Solds )
110 -28% -15% 24 %
-21%
129
-12%
-8%
Asking Price per Square Foot ( based on New Listings )
$ 285
-5%
-1%
2 %
3 %
$ 288
4 %
4 %
April Sold Price per Square Foot
$ 254
-5%
-4%
6 %
2 %
$ 263
9 %
6 %
April Month ' s Supply of Inventory
7.1
9 %
-4% -31% -33%
7.8
-41%
-26%
April Sale Price vs List Price Ratio
94.8 %
. 4 %
1.1 %
. 3 %
2.1 %
93.8 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
April Property sales were 91 , up 8.3 % from 84 in April of 2016
and 11.7 % lower than the 103 sales last month . April 2017 sales
Property were at their Sales highest level compared to April of 2016 and
2015120 .
100
April Property YTD sales sales of were 342 are 91 , up running 8.3 % from 23.5 % 84 ahead in April of of last 2016 year ' s and year-to-date 11.7 % lower sales than of the 277 103 . sales last month . April 2017 sales
100 were at their highest level compared to April of 2016 and 2015 .
80
April YTD sales of 342 are running 23.5 % ahead of last year ' s year-to-date sales of 277 .
80
60
60
40
40 20
Number of Properties Sold
20
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 371,000 , up 8.4 % from
Prices
$ 342,300 in April of 2016 and up 0.3 % from $ 370,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 371,000 April was , up $ 8.4 487,780 % from , down
600
$
0.7 342,300 % from in $ April 491,306 of 2016 in April and up of 0.3 2016 % from and up $ 370,000 6.7 % from last month
$ 457,001 . The last Average month Sales . April Price 2017 in April ASP was $ at 487,780 a mid , range down
550
M
J
14
600
550
500
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
0.7 compared % from $ to 491,306 April of in 2016 April of and 2016 2015 and . up 6.7 % from
$ 457,001 last month . April 2017 ASP was at a mid range
500
450
compared to April of 2016 and 2015 .
450
400
400 350
350 300

Destin

93 84
Agent Name
89
Title Phone Website Other

Community Information | School District

77 92 80
Number of Properties Sold
93 84 89 77 92 80 55 83 59 62 104 86 84 103 72 92 77 61 56 68 45 56 92 84 94 85 69 108 81 79 77 89 73 75 103 91
300
250
250
M
M
J
14
J
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 642 , Inventory down 3.3 of % Properties from 664 last available month for and sale down as of 24.9 April % from
1,200 was 855642 in , April down of 3.3 last % from year . 664 April last 2017 month Inventory and down was 24.9 at % its from lowest
1,200
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
855 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 .
1,000
800
15.0
15.0
800
600
10.0
600
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The April 2017 MSI of 7.1 higher months MSI was is better at its lowest for buyers level . The compared April 2017 with MSI April of 7.1 of 2016 and
200 months
2015 . was at its lowest level compared with April of 2016 and
2015 .
0
10.0
400
200
5.0
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
5.0
0.0
55 83 59
1,000 978 986 959 954 942 920 891 875 880 895 889 886 885 902 906 921 901 879 854 844 828 855
62 104
1,000 978 986 959 954 942 920 891 875 880 895 889 886 885 902 906 921 901 879 854 844
86 84 103 72 92 77 61 56 68 45 56 92 84 94 85 69 108 81
828 855 855 829 845 803 777 761 765 744
79
855 829 845 803 777 761 765 744 687 660 648 664
3 Mo Avg
77 642
89 73 75
687 660 648 664 642
3 Mo Avg
103
91
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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