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Closed Sales

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<strong>Closed</strong> <strong>Sales</strong><br />

Monthly Market Detail - June 2014<br />

Townhouses and Condos<br />

Bay County Association of REALTORS®<br />

This report describes member activity for the association and is not confined to any specific geographic area.<br />

Summary Statistics<br />

June 2014<br />

June 2013<br />

Percent Change<br />

Year-over-Year<br />

<strong>Closed</strong> <strong>Sales</strong><br />

Paid in Cash<br />

114 134 -14.9%<br />

49 50 -2.0%<br />

New Pending <strong>Sales</strong><br />

147<br />

153 -3.9%<br />

New Listings<br />

Median Sale Price<br />

203 165 23.0%<br />

$181,000 $179,400 0.9%<br />

Average Sale Price<br />

$215,274<br />

$207,548 3.7%<br />

Median Days on Market<br />

65 70 -7.1%<br />

Average Percent of Original List<br />

Price Received<br />

93.4%<br />

92.0%<br />

1.5%<br />

Pending Inventory<br />

Inventory (Active Listings)<br />

176<br />

1,019<br />

201 -12.4%<br />

908 12.2%<br />

Months Supply of Inventory 8.0<br />

7.8 2.1%<br />

<strong>Closed</strong> <strong>Sales</strong><br />

The number of sales transactions which closed during<br />

the month<br />

Economists' note : <strong>Closed</strong> <strong>Sales</strong> are one of the simplest—yet most<br />

important—indicators for the residential real estate market. When<br />

comparing <strong>Closed</strong> <strong>Sales</strong> across markets of different sizes, we<br />

recommend using the year-over-year percent changes rather than the<br />

absolute counts. Realtors® and their clients should also be wary of<br />

month-to-month comparisons of <strong>Closed</strong> <strong>Sales</strong> because of potential<br />

seasonal effects.<br />

Month<br />

<strong>Closed</strong> <strong>Sales</strong><br />

Percent Change<br />

Year-over-Year<br />

June 2014<br />

114<br />

-14.9%<br />

May 2014 141 -2.8%<br />

April 2014 129<br />

-11.6%<br />

March 2014<br />

February 2014<br />

January 2014<br />

December 2013<br />

November 2013<br />

October 2013<br />

131<br />

116<br />

115<br />

117<br />

96<br />

155<br />

4.8%<br />

0.9%<br />

38.6%<br />

2.6%<br />

5.5%<br />

52.0%<br />

September 2013 146<br />

23.7%<br />

August 2013<br />

July 2013<br />

139<br />

136<br />

19.8%<br />

27.1%<br />

June 2013 134<br />

-0.7%<br />

200<br />

2010 2011 2012 2013<br />

150<br />

100<br />

50<br />

0<br />

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 M J J A S O N D J F M A M J<br />

Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.<br />

Data released on Tuesday, July 22, 2014. Next data release is Thursday, August 21, 2014.

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