Market Action Report July 2017
Community Information | School District
Market Action Report July 2017
City : Panama City 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 |
$ 397,000 |
-1% |
|
10 % |
|
|
|
|
Average List Price of all Current Listings |
$ 626,610 |
2 % |
|
14 % |
|
|
|
|
July Median Sales Price |
$ 326,000 |
5 % |
12 % |
39 % |
16 % |
$ 294,000 |
12 % |
5 % |
July Average Sales Price |
$ 392,147 |
-17% -9% |
2 % |
13 % |
$ 405,965 |
25 % |
17 % |
Total Properties Currently for Sale ( Inventory ) |
190 |
-6% |
-29% |
|
|
|
|
July Number of Properties Sold |
30 -12% |
43 % |
261 |
67 % |
July Average Days on Market ( Solds ) |
179 |
30 % |
17 % |
40 % |
37 % |
149 |
-2% |
14 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 302 |
6 % |
4 % |
-4% |
9 % |
$ 283 |
6 % |
2 % |
July Sold Price per Square Foot |
$ 238 |
-12% -8% |
0 % |
1 % |
$ 253 |
12 % |
7 % |
July Month ' s Supply of Inventory |
6.3 |
6 % |
14 % -50% -49% |
6.2 |
-52% |
-50% |
July Sale Price vs List Price Ratio |
93.5 % -1.9% -1.1% . 6 % |
-. 9 % |
94.7 % |
1 % |
0 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
60 |
July Property sales were 30 , up 42.9 % from 21 in July of 2016 |
|
and 11.8 % lower than the 34 sales last month . July 2017 sales
Property were at their Sales highest level compared to July of 2016 and 2015 .
60
|
50 |
|
July
July Property YTD sales sales of were 261 are 30 , running up 42.9 % 67.3 from % 21 ahead in July of last of 2016 year ' s yearto-date sales of 156 .
50 and 11.8 % lower than the 34 sales last month . July 2017 sales
40 were at their highest level compared to July of 2016 and 2015 .
|
|
July YTD sales of 261 are running 67.3 % ahead of last year ' s yearto-date sales of 156 .
40
|
30 |
30 |
20 |
Panama City Agent NameBeach Title Phone Website Other
Community Information | School District
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in July was $ 326,000 , up 38.7 % from
Prices $ 235,000 in July of 2016 and up 5.3 % from $ 309,500 last The month Median . The Sales Average Price Sales in July Price was $ in 326,000 July was , up $ 392,147 38.7 % from , up 2.1 %
500 $ from 235,000 $ 384,238 in July of in 2016 July of and 2016 up 5.3 and % down from $ 17.1 309,500 % from last $ 473,263 month last month . The . Average July 2017 Sales ASP Price was in at July the was highest $ 392,147 level , up compared 2.1 % to 450 from July $ of 384,238 2016 and in July 2015 of . 2016 and down 17.1 % from $ 473,263 last month . July 2017 ASP was at the highest level compared to 400 July of 2016 and 2015 .
350
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of July The was Total 190 , Inventory down 6.4 of % Properties from 203 last available month for and sale down as of 28.8 July % from was 267190 in , July down of 6.4 last % year from . 203 July last 2017 month Inventory and down was 28.8 at its % lowest from 350 267 level in compared July of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest 300 level compared with July of 2016 and 2015 . 250 200 A comparatively lower MSI is more beneficial for sellers while 150 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 6.3 a 100
higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 6.3 of 2016 and months was at its lowest level compared with July of 2016 and
50
2015 . 2015 .
0
20
10
0
300 250 200
10
0 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 14
15 16
17
A S O N D J F M A MMedian J J A SSales O N DPrice J F Mand A MAverage J J A S Sales O N D Price J F M A M J J 14
15 16
17
500 Median Sales Price and Average Sales Price
20 26 17 16 25 11 23 36 24 29 22 22 21 27 40 26 35 12 21 26 24 32 20 21 46 23 26 16 24 27 33 47 42 48 34 30
450 400 350 300 250
200 |
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
14 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 M J
|
J |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
350 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
25.0 |
300 |
25.0 |
20.0 |
250 |
20.0 |
|
|
200
150
|
15.0 |
15.0
10.0
|
100 |
10.0 |
|
50 |
5.0 |
5.0 |
|
0
0.0
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
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
14
15
16
17
14
15
16
17
|
J |
0.0 |
225
20 26 17 16 25 11 23 36 24
237
255 225
255 237
241 255
254 255
240 241
239 254
260 240 239
275 281 260
29 22 22 21 27 40 26 35 12
283 275 297
281 295
283 279
297 268
295
266 268
279
273 268
270 266
270 268
264 273
252 270
267 270
268 264
282 252
296 267
287 268 274 282
260 296
253 287
21 26 24 32 20 21 46 23 26 16
274 24
260 27
253 33
3 Mo Avg
224 211 207 203
224 190
211 47
207 42
203 48
190 34 30
J
3 Mo Avg
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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