FL ARCHIVED February 2017 | Page 197

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 309,000
3 %
13 %
Average List Price of all Current Listings
$ 496,127
3 %
15 %
February Median Sales Price
$ 220,500
2 %
1 %
10 %
0 %
$ 219,000
10 %
0 %
February Average Sales Price
$ 273,784
-14% -6%
-2%
-3%
$ 293,700
7 %
4 %
Total Properties Currently for Sale ( Inventory )
1,593
-3%
-28%
February Number of Properties Sold
298
16 %
4 %
554
7 %
February Average Days on Market ( Solds )
105
11 %
3 %
-11%
2 %
100
-14%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 177
5 %
4 %
14 %
7 %
$ 173
10 %
5 %
February Sold Price per Square Foot
$ 153
-7%
-2%
7 %
4 %
$ 159
14 %
8 %
February Month ' s Supply of Inventory
5.3 -17% -3% -31%
-8%
5.9
-32%
1 %
February Sale Price vs List Price Ratio
94.2 %
-. 4 % -. 6 % 1.5 %
-. 6 %
94.4 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
February Property sales were 298 , up 4.2 % from 286 in
February of 2016 and 16.4 % higher than the 256 sales last
450
Property month . February Sales 2017 sales were at their highest level
500
400
February compared Property to February sales were of 2016 298 and , up 4.2 2015 % . from February 286 in YTD sales of
450
February
554 are running of 2016 and 7.4 % 16.4 ahead % higher of last than year the ' s 256 year-to-date sales last sales of month . February 2017 sales were at their highest level
400
516 . compared to February of 2016 and 2015 . February YTD sales of
350
350
300
250
554 are running 7.4 % ahead of last year ' s year-to-date sales of
516 .
300
250
200
150

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 220,500 , up 10.3 %
Prices from $ 200,000 in February of 2016 and up 1.6 % from
The
$ 217,000 Median last Sales month Price . in The February Average was Sales $ 220,500 Price , in up February 10.3 % was
350 from
$ 273,784 $ 200,000 , down in 1.8 February % from of $ 2016 278,901 and in up February 1.6 % from of 2016 and
$ 217,000 last month . The Average Sales Price in February was
330 down 13.6 % from $ 316,884 last month . February 2017 ASP was
$ 273,784 , down 1.8 % from $ 278,901 in February of 2016 and
310 at a mid range compared to February of 2016 and 2015 . down 13.6 % from $ 316,884 last month . February 2017 ASP was
290 at a mid range compared to February of 2016 and 2015 .
270
250
230
210
190
170
150
M
A M J
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
14
15
16
17
3 Mo Avg
350
Median Sales Price and Average Sales Price
330
3 Mo Avg
310
290
270
250
230
210
190
170
150
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 M 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
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
The
February Total Inventory was 1,593 of , down Properties 3.2 % available from 1,645 for sale last as month of and down
3,000
February
27.8 % from was 1,593 2,207 , down in February 3.2 % from of last 1,645 year last . February month and 2017 down
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
27.8
Inventory % from was 2,207 at in its February lowest level of last compared year . February with February 2017 of
Inventory
2016 and was 2015 at . its lowest level compared with February of
2016 and 2015 .
2,500
2,000
2,000
1,500
10.0
8.0
8.0
6.0
1,500
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 higher MSI is better for buyers . The February 2017 MSI of 5.3 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of 5.3
500 of 2016
500 months and 2015 was
. at its lowest level compared with February of 2016
0 and 2015 .
0
M
A M J
A J
14
J A S O N D J
F M A M J
F M A M J
15
J A S O N D J
F M A M J
F M A M J
16
6.0
4.0
2.0
0.0
J A S O N D J
F
F
17
4.0
2.0
0.0
280 300 362 385 366 333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 400 448 402 369 324 364 256 298
2,701 2,691 2,714 2,735 2,779 2,767 2,714 2,698 2,624 2,535 2,525 2,454 2,474 2,484 2,523 2,551 2,601 2,542 2,456 2,402 2,309 2,234 2,221 2,207
M
14
280 300 362 385 366 333 340 363 259
J A S O N D J
15
347 243
Number of Properties Sold
295 387 388 399 466 410 399
2,701 2,691 2,714 2,735 2,779 2,767 2,714 2,698 2,624 2,535 2,525 2,454 2,474 2,484 2,523 2,551 2,601 2,542 2,456
367
J A S O N D J
16
320 267 341 230 286 377 391 405 451 400
2,402 2,309 2,234 2,221 2,207 2,230 2,276 2,239 2,214 2,161 2,015
2,230 2,276 2,239 2,214 2,161 2,015 1,924 1,881 1,814 1,714
448
1,645 1,593
J A S O N D J 17
3 Mo Avg
402 369
1,924 1,881 1,814 1,714
324
3 Mo Avg
364
1,645
1,593 256 298
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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