Closed Sales
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Pending <strong>Sales</strong><br />
New Listings<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 />
New Pending <strong>Sales</strong><br />
The number of property listings that went from<br />
"Active" to "Pending" status during the month<br />
Economists' note : Because of the typical length of time it takes for a<br />
sale to close, economists consider Pending <strong>Sales</strong> to be a decent<br />
indicator of potential future <strong>Closed</strong> <strong>Sales</strong>. It is important to bear in<br />
mind, however, that not all Pending <strong>Sales</strong> will be closed successfully.<br />
So, the effectiveness of Pending <strong>Sales</strong> as a future indicator of <strong>Closed</strong><br />
<strong>Sales</strong> is susceptible to changes in market conditions such as the<br />
availability of financing for homebuyers and the inventory of<br />
distressed properties for sale.<br />
Month<br />
June 2014<br />
May 2014<br />
April 2014<br />
March 2014<br />
143<br />
February 2014 161<br />
January 2014<br />
December 2013<br />
November 2013<br />
October 2013<br />
September 2013<br />
August 2013<br />
July 2013<br />
June 2013<br />
New Pending <strong>Sales</strong><br />
147<br />
158<br />
123<br />
139<br />
108<br />
108<br />
143<br />
146<br />
157<br />
154<br />
153<br />
Percent Change<br />
Year-over-Year<br />
-3.9%<br />
-10.2%<br />
-29.7%<br />
-6.5%<br />
4.5%<br />
-10.3%<br />
-4.4%<br />
-12.2%<br />
7.5%<br />
39.0%<br />
27.6%<br />
29.4%<br />
16.8%<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 />
New Listings<br />
The number of properties put onto the market during<br />
the month<br />
Economists' note : In a recovering market, we expect that new listings<br />
will eventually rise as sellers raise their estimations of value. But this<br />
increase will take place only after the market has turned up, so New<br />
Listings are a lagging indicator of the health of the market. Also be<br />
aware of properties which have been withdrawn from the market and<br />
then relisted. These are not really New Listings.<br />
Month<br />
June 2014<br />
May 2014<br />
April 2014<br />
March 2014<br />
February 2014<br />
January 2014<br />
December 2013<br />
November 2013<br />
October 2013<br />
September 2013<br />
August 2013<br />
July 2013<br />
June 2013<br />
New Listings<br />
203<br />
194<br />
206<br />
209<br />
163<br />
222<br />
134<br />
142<br />
184<br />
168<br />
194<br />
193<br />
165<br />
Percent Change<br />
Year-over-Year<br />
23.0%<br />
-3.0%<br />
8.4%<br />
18.1%<br />
-10.4%<br />
14.4%<br />
3.1%<br />
-4.7%<br />
17.9%<br />
27.3%<br />
-1.0%<br />
2.7%<br />
-12.7%<br />
250<br />
200<br />
150<br />
100<br />
50<br />
0<br />
2010 2011 2012 2013<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.