FL ARCHIVED July 2017 | Page 199

Market Action Report July 2017
Community Information | School District
Market Action Report July 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
$ 625,000
4 %
12 %
Average List Price of all Current Listings
$ 820,308
3 %
9 %
July Median Sales Price
$ 355,000
-4%
0 %
8 %
0 %
$ 359,850
9 %
1 %
July Average Sales Price
$ 468,336
-14% -8%
-2%
-4%
$ 501,978
3 %
3 %
Total Properties Currently for Sale ( Inventory )
638
-4%
-22%
July Number of Properties Sold
73 -33%
6 %
644
23 %
July Average Days on Market ( Solds )
147
4 %
4 %
0 %
5 %
139
-7%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 307
8 %
6 %
12 %
11 %
$ 288
4 %
4 %
July Sold Price per Square Foot
$ 246
-6%
-4%
2 %
-1%
$ 261
7 %
5 %
July Month ' s Supply of Inventory
8.7
43 %
27 % -26% -18%
7.5
-37%
-30%
July Sale Price vs List Price Ratio
93.8 %
-. 3 % -. 0 % 2.7 % 1.0 %
93.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
140
July Property sales were 73 , up 5.8 % from 69 in July of 2016
and 33.0 % lower than the 109 sales last month . July 2017 sales
120
Property were at their Sales highest level compared to July of 2016 and 2015 .
140
July
July Property YTD sales sales of were 644 are 73 , up running 5.8 % from 22.7 % 69 ahead in July of of last 2016 year ' s
100
and year-to-date 33.0 % lower sales than of the 525109 . sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 .
120
80
July YTD sales of 644 are running 22.7 % ahead of last year ' s
100
year-to-date sales of 525 .
60
80
40
60
40
20
Number of Properties Sold
20
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
J
0
14
15
16
17
Prices
The Median Sales Price in July was $ 355,000 , up 7.6 % from
Prices
$ 330,000 in July of 2016 and down 4.1 % from $ 370,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 355,000 July was , up $ 468,336 7.6 % from , down
600
$
1.7 330,000 % from in $ July 476,624 of 2016 in July and down of 2016 4.1 and % from down $ 370,000 13.8 % from last month
$ 543,016 . The last Average month Sales . July Price 2017 in July ASP was $ at 468,336 the lowest , down level
550
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
600
Median Sales Price and Average Sales Price
3 Mo Avg
550
500
3 Mo Avg
1.7 compared % from $ 476,624 to July of in 2016 July of and 2016 2015 and . down 13.8 % from
$ 543,016 last month . July 2017 ASP was at the lowest level
500
450
compared to July of 2016 and 2015 .
450
400
400 350
350 300

Destin

77 92
Agent Name
80
Title Phone Website Other

Community Information | School District

55 83 59
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 75 104 94 116 109 73
300
250
250
A
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
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
J
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 July
The was Total 638 , Inventory down 4.1 of % Properties from 665 last available month for and sale down as of 21.5 July % from
1,200 was 813638 in , July down of 4.1 last % year from . 665 July last 2017 month Inventory and down was 21.5 at its % from lowest
1,200
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
813 level in July compared of last with year . July of 2017 2016 Inventory and 2015 was . at its lowest level compared with July 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 July 2017 MSI of 8.7 higher months MSI was is better at its lowest for buyers level . The compared July 2017 with MSI July of 8.7 of 2016 and
200 months
2015 . was at its lowest level compared with July of 2016 and
2015 .
0
10.0
400
200
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
5.0
0.0
62 104 86
959 954 942 920 893 877 882 897 891 888 887 904 909 924 904 882 858 849 832 859 861
84 103
Number of Properties Sold
72
959 954 942 920 893 877 882 897 891 888 887 904 909 924 904 882 858 849 832 859 861 835 851 813
92 77 61 56 68 45 56 92 84 94 85 69 108 81 79
835 851 813 787 771 775 755 701 677 671 691 77 89 73
683 668 665 638
3 Mo Avg
75 104 94 116
787 771 775 755 701 677 671 691 683 668 665 638
3 Mo Avg
109
73
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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