Closed Sales
Pending Sales New Listings Monthly Market Detail - June 2014 Townhouses and Condos Bay County Association of REALTORS® This report describes member activity for the association and is not confined to any specific geographic area. New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month Economists' note : Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale. Month June 2014 May 2014 April 2014 March 2014 143 February 2014 161 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 New Pending Sales 147 158 123 139 108 108 143 146 157 154 153 Percent Change Year-over-Year -3.9% -10.2% -29.7% -6.5% 4.5% -10.3% -4.4% -12.2% 7.5% 39.0% 27.6% 29.4% 16.8% 200 2010 2011 2012 2013 150 100 50 0 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 New Listings The number of properties put onto the market during the month Economists' note : In a recovering market, we expect that new listings will eventually rise as sellers raise their estimations of value. But this increase will take place only after the market has turned up, so New Listings are a lagging indicator of the health of the market. Also be aware of properties which have been withdrawn from the market and then relisted. These are not really New Listings. Month June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 New Listings 203 194 206 209 163 222 134 142 184 168 194 193 165 Percent Change Year-over-Year 23.0% -3.0% 8.4% 18.1% -10.4% 14.4% 3.1% -4.7% 17.9% 27.3% -1.0% 2.7% -12.7% 250 200 150 100 50 0 2010 2011 2012 2013 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 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. Data released on Tuesday, July 22, 2014. Next data release is Thursday, August 21, 2014.
Median Sale Price Average Sale Price Monthly Market Detail - June 2014 Townhouses and Condos Bay County Association of REALTORS® This report describes member activity for the association and is not confined to any specific geographic area. Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below) Economists' note : Median Sale Price is our preferred summary statistic for price activity because, unlike Average Sale Price, Median Sale Price is not sensitive to high sale prices for small numbers of homes that may not be characteristic of the market area. Month Median Sale Price Percent Change Year-over-Year June 2014 $181,000 0.9% May 2014 $165,000 -7.8% April 2014 $183,000 -1.1% March 2014 $179,900 5.5% February 2014 $169,950 -5.6% January 2014 $145,000 -11.6% December 2013 $200,000 3.9% November 2013 $174,500 9.7% October 2013 $216,750 36.8% September 2013 $169,850 4.8% August 2013 $155,000 -13.9% July 2013 $172,000 1.2% June 2013 $179,400 -8.2% $230K $210K $190K $170K $150K $130K 2010 2011 2012 2013 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 Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists' note : As noted above, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area. Month Average Sale Price Percent Change Year-over-Year June 2014 $215,274 3.7% May 2014 $191,055 1.1% April 2014 $206,361 -0.5% March 2014 $199,715 3.4% February 2014 $193,252 4.0% January 2014 $174,493 -3.7% December 2013 $208,054 2.2% November 2013 $194,646 14.6% October 2013 $215,022 26.1% September 2013 $181,630 8.8% August 2013 $187,613 0.5% July 2013 $200,553 2.2% June 2013 $207,548 -18.5% $290K 2010 2011 2012 2013 $240K $190K $140K 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 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. Data released on Tuesday, July 22, 2014. Next data release is Thursday, August 21, 2014.
- Page 1 and 2: Closed Sales Monthly Market Detail
- Page 3 and 4: Pending Sales New Listings Monthly
- Page 5 and 6: Median Days on Market Avg. Pct. of
- Page 7 and 8: Closed Sales Median Days on Market
- Page 9 and 10: Closed Sales Median Sale Price Mont
- Page 11: Cash Sales Pct. of Closed Sales Pai
- Page 15 and 16: Inventory Months Supply of Inventor
- Page 17 and 18: New Listings Inventory Monthly Mark
- Page 19 and 20: Closed Sales Monthly Market Detail
- Page 21 and 22: Pending Sales New Listings Monthly
- Page 23 and 24: Median Days on Market Avg. Pct. of
- Page 25 and 26: Closed Sales Median Days on Market
- Page 27: Closed Sales Median Sale Price Mont
Median Sale Price<br />
Average Sale<br />
Price<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 />
Median Sale Price<br />
The median sale price reported for the month (i.e. 50%<br />
of sales were above and 50% of sales were below)<br />
Economists' note : Median Sale Price is our preferred summary<br />
statistic for price activity because, unlike Average Sale Price, Median<br />
Sale Price is not sensitive to high sale prices for small numbers of<br />
homes that may not be characteristic of the market area.<br />
Month<br />
Median Sale Price<br />
Percent Change<br />
Year-over-Year<br />
June 2014 $181,000 0.9%<br />
May 2014 $165,000 -7.8%<br />
April 2014 $183,000 -1.1%<br />
March 2014 $179,900 5.5%<br />
February 2014 $169,950 -5.6%<br />
January 2014 $145,000 -11.6%<br />
December 2013 $200,000 3.9%<br />
November 2013 $174,500 9.7%<br />
October 2013 $216,750 36.8%<br />
September 2013 $169,850 4.8%<br />
August 2013 $155,000 -13.9%<br />
July 2013 $172,000 1.2%<br />
June 2013 $179,400 -8.2%<br />
$230K<br />
$210K<br />
$190K<br />
$170K<br />
$150K<br />
$130K<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 />
Average Sale Price<br />
The average sale price reported for the month (i.e.<br />
total sales in dollars divided by the number of sales)<br />
Economists' note : As noted above, we prefer Median Sale Price over<br />
Average Sale Price as a summary statistic for home prices. However,<br />
Average Sale Price does have its uses—particularly when it is analyzed<br />
alongside the Median Sale Price. For one, the relative difference<br />
between the two statistics can provide some insight into the market for<br />
higher-end homes in an area.<br />
Month<br />
Average Sale Price<br />
Percent Change<br />
Year-over-Year<br />
June 2014 $215,274 3.7%<br />
May 2014 $191,055 1.1%<br />
April 2014 $206,361 -0.5%<br />
March 2014 $199,715 3.4%<br />
February 2014 $193,252 4.0%<br />
January 2014 $174,493 -3.7%<br />
December 2013 $208,054 2.2%<br />
November 2013 $194,646 14.6%<br />
October 2013 $215,022 26.1%<br />
September 2013 $181,630 8.8%<br />
August 2013 $187,613 0.5%<br />
July 2013 $200,553 2.2%<br />
June 2013 $207,548 -18.5%<br />
$290K<br />
2010 2011 2012 2013<br />
$240K<br />
$190K<br />
$140K<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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