FL ARCHIVED April 2017 | Page 203

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 286,700
4 %
15 %
Average List Price of all Current Listings
$ 339,252
6 %
11 %
April Median Sales Price
$ 228,500
20 %
13 %
12 %
14 %
$ 202,250
6 %
1 %
April Average Sales Price
$ 240,923
5 %
5 %
6 %
7 %
$ 228,456
6 %
2 %
Total Properties Currently for Sale ( Inventory )
288 -10%
-28%
April Number of Properties Sold
99
6 %
16 %
324
2 %
April Average Days on Market ( Solds )
122
49 %
21 %
26 %
22 %
101
-2%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 169
-2%
-2%
4 %
3 %
$ 172
8 %
5 %
April Sold Price per Square Foot
$ 171
9 %
7 %
20 %
16 %
$ 160
13 %
8 %
April Month ' s Supply of Inventory
2.9 -16% -21% -38% -38%
4.1
-25%
-12%
April Sale Price vs List Price Ratio
96.5 %
. 9 %
1.2 %
. 5 %
1.3 %
95.4 %
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
April Property sales were 99 , up 16.5 % from 85 in April of 2016
and 6.5 % higher than the 93 sales last month . April 2017 sales
Property were at their Sales highest level compared to April of 2016 and
2015120 .
100
April
April Property YTD sales sales of were 324 are 99 , running up 16.5 % 1.9 from % ahead 85 in April of last of year 2016 ' s yearto-date 6.5 % sales higher of than 318 . the 93 sales last month . April 2017 sales and
100 were at their highest level compared to April of 2016 and 2015 .
80
April YTD sales of 324 are running 1.9 % ahead of last year ' s yearto-date sales of 318 .
80
60

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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 April was $ 228,500 , up 12.3 % from
Prices $ 203,500 in April of 2016 and up 20.3 % from $ 190,000 last The month Median . The Sales Average Price Sales in April Price was in $ 228,500 April was , up $ 240,923 12.3 % from , up 6.4 % $ from 203,500 $ 226,526 in April in of April 2016 of and 2016 up 20.3 and % up from 4.9 % $ 190,000 from $ 229,777 last last 290
month . . The April Average 2017 Sales ASP was Price at in the April highest was $ level 240,923 compared , up 6.4 % to from $ 226,526 in April of 2016 and up 4.9 % from $ 229,777 last 270 April of 2016 and 2015 . month . April 2017 ASP was at the highest level compared to 250
April of 2016 and 2015 . 230
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 288 , Inventory down 10.3 of % Properties from 321 available last month for and sale down as of April 28.0 % was from 288400 , down in April 10.3 % of from last year 321 last . April month 2017 and Inventory down 28.0 was % at its 700 from lowest 400 level in April compared of last year with . April of 2017 2016 Inventory and 2015 was . at its 600 lowest level compared with April 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 April for 2017 sellers MSI while of 2.9 a 200
higher months
MSI was is better at its lowest for buyers level
. The compared
April 2017 with MSI April of 2.9 of 2016 and months was at its lowest level compared with April of 2016 and
100 2015 . 2015 . 0
40
20
0
210 190 170 150
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
14
15
16
17
M
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
290
Median Sales Price and Average Sales Price
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 71 93 99
270 250 230 210 190 170 150
M 14
700 600 500
562
400 300 200 100
0
J
14J
A S O N D
J
15
567
M J 14
92
M
562 584
82 567 579
75 576
86
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 )
574 68
545 517
81 518
63 495
91 505
61
J J A S O N D J
584 579 576 574 545 517 518
78
524 495 550
87 84 92 97 83 88 90 95
3 Mo Avg
505
548 524 576
550 553
548
511 496
576
470 553
452 511
454 496
421 470
411 452
400 454
407 421
397 411
401 400
373 407 348 397
337 401
333 373
327 348
330 337
330 333
321 327
288 330
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 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 15
16
17
71 82 68 69 96
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
F M A17
85 91 86 96 85 87 86 74 75
10.0 8.0 6.0
330
4.0 2.0
61 321
71
288 93 99
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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