FL ARCHIVED March 2017 | Page 197

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 309,400
3 %
11 %
Average List Price of all Current Listings
$ 496,214
2 %
10 %
March Median Sales Price
$ 212,950
-4%
-2%
4 %
-3%
$ 217,500
9 %
-1%
March Average Sales Price
$ 283,099
3 %
-1%
7 %
1 %
$ 289,427
7 %
3 %
Total Properties Currently for Sale ( Inventory )
1,676
-0%
-25%
March Number of Properties Sold
400
29 %
6 %
967
8 %
March Average Days on Market ( Solds )
98
-8%
-4% -21%
-5%
100
-17%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 184
4 %
5 %
10 %
12 %
$ 177
11 %
7 %
March Sold Price per Square Foot
$ 161
4 %
2 %
12 %
10 %
$ 160
13 %
9 %
March Month ' s Supply of Inventory
4.2 -23% -23% -30% -28%
5.4
-31%
-8%
March Sale Price vs List Price Ratio
96.0 %
1.8 %
. 8 %
2.1 % 1.3 %
95.1 %
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
March Property sales were 400 , up 6.1 % from 377 in March of
2016 and 29.0 % higher than the 310 sales last month . March
450
Property
2017 sales Sales were at their highest level compared to March of 2016
500
400
March and 2015 Property . March sales YTD were sales 400 of , up 967 6.1 are % from running 377 in 8.3 March % ahead of of
450
2016 last and year 29.0 ' s year-to-date % higher than sales the of 310 893 sales . last month . March
2017 sales were at their highest level compared to March of 2016
400
350
300
and 2015 . March YTD sales of 967 are running 8.3 % ahead of
350
250
last year ' s year-to-date sales of 893 .
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 212,950 , up 3.9 % from
Prices
$ 205,000 in March of 2016 and down 4.1 % from $ 222,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 212,950 was , up $ 3.9 283,099 % from , up
350
$
6.6 205,000 % from in $ March 265,663 of 2016 in March and down of 2016 4.1 % and from up $ 2.9 222,000 % from last month . The Average Sales Price in March $ 283,099 , up
330
$ 275,196 last month . March 2017 ASP was at the highest level
6.6 % from $ 265,663 in March of 2016 and up 2.9 % from
310 compared to March of 2016 and 2015 .
$ 275,196 last month . March 2017 ASP was at the highest level
290 compared to March of 2016 and 2015 .
270
250
230
210
190
170
150
A
M J
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
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
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
14 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 M
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 March
The was Total 1,676 Inventory , down 0.2 of % Properties from 1,679 available last month for sale and as down of March 25.3 %
3,000 was from 1,676 2,243 , down in March 0.2 % from of last 1,679 year last . March month 2017 and down Inventory 25.3 % was at
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
12.0
12.0
10.0
from its lowest 2,243 level in March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its lowest level compared with March of 2016 and 2015 .
2,500
2,000
10.0
8.0
2,000
1,500
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 March 2017 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 4.2
500 of 2016 and
500 months
2015 . was at its lowest level compared with March of 2016 and
0
2015 .
0
A
M J
M 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 M
F M
17
4.0
2.0
0.0
300 362 385 366 333 340 363 259 347 243 295 387 388 399 466 410 399 367 320 267 341 230 286 377 391 405 451 400 448 402 369 324 364 257 310 400
2,693 2,716 2,737 2,781 2,769 2,716 2,700 2,626 2,537 2,527 2,456 2,476 2,486 2,526 2,554 2,604 2,547 2,461 2,407 2,314 2,239 2,226 2,220
A
14
300 362 385 366 333 340 363 259
J A S O N D J
15
347 243 295
Number of Properties Sold
387 388 399 466 410 399 367
2,693 2,716 2,737 2,781 2,769 2,716 2,700 2,626 2,537 2,527 2,456 2,476 2,486 2,526 2,554 2,604 2,547 2,461 2,407
320
J A S O N D J
16
267 341 230 286 377 391 405 451 400
2,243 2,291 2,255 2,230 2,173 2,030 1,941 1,898 1,839 1,747
448
2,314 2,239 2,226 2,220 2,243 2,291 2,255 2,230 2,173 2,030 1,941
J A S O N D J 17
402
1,701 1,679 1,676
3 Mo Avg
369 324 364 257
1,898 1,839 1,747 1,701 1,679 1,676
3 Mo Avg
310
400
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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