FL ARCHIVED October 2017 | Page 193

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 329,900
2 %
10 %
Average List Price of all Current Listings
$ 531,429
2 %
11 %
October Median Sales Price
$ 240,000
12 %
5 %
9 %
9 %
$ 229,900
5 %
5 %
October Average Sales Price
$ 311,868
10 %
5 %
17 %
10 %
$ 299,476
7 %
6 %
Total Properties Currently for Sale ( Inventory )
1,511
-4%
-21%
October Number of Properties Sold
363
-4%
-1%
4,072
8 %
October Average Days on Market ( Solds )
85
-1%
-2% -11% -17%
92
-11%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 174
-3%
1 %
-3%
5 %
$ 172
4 %
4 %
October Sold Price per Square Foot
$ 162
6 %
4 %
10 %
9 %
$ 159
9 %
7 %
October Month ' s Supply of Inventory
4.2
0 %
7 %
-21% -29%
4.4
-26%
-25%
October Sale Price vs List Price Ratio
95.2 %
-. 2 % -. 3 %
. 1 %
. 4 %
95.7 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
600
October Property sales were 363 , down 0.8 % from 366 in
October of 2016 and 4.5 % lower than the 380 sales last month .
Property
October 2017 Sales sales were at a mid level compared to October of
600
500
October
2016 and Property 2015 . sales October were YTD 363 , sales down of 0.8 4,072 % from are 366 running 8.0 %
October ahead of of last 2016 year and ' s 4.5 year-to-date % lower than sales the of 380 3,769 sales . last month .
500
October 2017 sales were at a mid level compared to October of
400
2016 and 2015 . October YTD sales of 4,072 are running 8.0 % ahead of last year ' s year-to-date sales of 3,769 .
400
300
300
200

Okaloosa Agent County

Name
Title Phone Website Other

Community Information | School District

200 100
258 347 243 293 387 384
Number of Properties Sold
100 0 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 O
0 14 15 16
17 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 O
Prices Median Sales Price and Average Sales Price
14 15 16
17 3 Mo Avg
The Median Sales Price in October was $ 240,000 , up 8.9 % from 350
Prices $ 220,375 in October of 2016 and up 11.9 % from $ 214,450 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in October Price was in October $ 240,000 was , up $ 311,868 8.9 % from , up
330
350 $ 16.9 220,375 % from in October $ 266,796 of 2016 in October and up of 11.9 2016 % from and $ up 214,450 9.9 % from last 310 month . The Average Sales Price in October $ 311,868 , up
330
$ 283,731 last month . October 2017 ASP was at the highest level 290 16.9 % from $ 266,796 in October of 2016 and up 9.9 % from 310 compared to October of 2016 and 2015 .
270
$ 283,731 last month . October 2017 ASP was at the highest level 290 250 compared to October of 2016 and 2015 . 270
230 250
210 230
190 210
170
190 170
150
150 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 O
N D
14 J F
15 M 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 A S O
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 1,511 , of down Properties 4.1 % from available 1,575 for last sale month as of and down 3,000
12.0
October 21.3 % from was 1,511 1,920 , down in October 4.1 % from of last 1,575 year last . October month and 2017 down 3,000 12.0
2,500 10.0
21.3 Inventory % from 1,920 was at in its October lowest of level last compared year . October with 2017 October of 2016 2,500 10.0
Inventory and 2015 was . at its lowest level compared with October of 2016 2,000 8.0 and 2015 . 2,000
8.0 1,500
6.0
1,500 6.0
A comparatively lower MSI is more beneficial for sellers while a 1,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 1,000
4.0 higher MSI is better for buyers . The October 2017 MSI of 4.2 higher months MSI was is better at its lowest for buyers level . The compared October with 2017 October MSI of 4.2
500 2.0 of 2016 500
2.0 months and 2015 was . at its lowest level compared with October of 2016
0 0.0 and 2015 . 0
0.0 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 O
N D J F M A 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 14 15
16 17
14 15 16
17
398 465 410 399 365
258 347 243 293 387 384 398 465 410 399 365 321 264 340 226 284 375 388 443 451 396 444 396 366 323 365 257 310 418 388 522 554 396 484 380 363
2,615 2,525 2,514 2,443 2,465 2,477 2,515 2,544 2,591 2,537 2,448 2,391 2,299 2,226 2,215 2,208
Number of Properties Sold
321 264
2,615 2,525 2,514 2,443 2,465 2,477 2,515 2,544 2,591 2,537 2,448 2,391 2,299 2,226 340 226 284 375 388 443 451 396 444
2,215 2,208 2,233 2,287 2,245 2,222 2,176 2,040 1,958
396
2,233 2,287 2,245 2,222 2,176 2,040 1,958 1,920 1,874 1,794 1,767
366 323 365 257 310 418 388
1,773 1,829 1,763 1,767 1,753 1,697 1,643 1,575 1,511
3 Mo Avg
522 554
1,920 1,874 1,794 1,767 1,773 1,829 1,763 1,767 1,753 1,697 1,643
396
3 Mo Avg
484
1,575
1,511 380 363
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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