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Median Days on Market Avg. Pct. of Orig. List Price Received 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 Days on Market The median number of days that properties sold during the month were on the market Economists' note : Median Days on Market is the amount of time the "middle" property selling this month was on the market. That is, 50% of homes selling this month took less time to sell, and 50% of homes took more time to sell. We use the median rather than the average because the median is not particularly sensitive to sales of homes that took an unusually large amount of time to sell relative to the vast majority of homes in the market. Month Median Days on Market Percent Change Year-over-Year June 2014 65 -7.1% May 2014 57 -9.5% April 2014 86 26.5% March 2014 82 24.2% February 2014 77 5.5% January 2014 77 -16.3% December 2013 70 4.5% November 2013 59 -19.2% October 2013 61 -19.7% September 2013 60 -1.6% August 2013 82 -8.9% July 2013 70 -10.3% June 2013 70 -23.1% 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 Average Percent of Original List Price Received The average of the sale price (as a percentage of the original list price) across all properties selling during the month Economists' note : The Average Percent of Original List Price Received is an indicator of market conditions, in that in a recovering market, the measure rises as buyers realize that the market may be moving away from them and they need to match the selling price (or better it) in order to get a contract on the house. This is usually the last measure to indicate a market that has shifted from down to up, and is another lagging indicator. Month Avg. Pct. of Orig. List Price Received Percent Change Year-over-Year June 2014 93.4% 1.5% May 2014 93.3% 1.9% April 2014 92.7% 1.3% March 2014 92.4% 0.4% February 2014 91.7% 0.0% January 2014 92.5% 0.9% December 2013 92.4% 0.2% November 2013 93.2% 3.2% October 2013 94.1% 4.1% September 2013 92.1% 2.3% August 2013 93.8% 2.6% July 2013 92.4% 0.4% June 2013 92.0% -0.1% 100% 95% 90% 85% 80% 75% 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.
Inventory Months Supply of Inventory 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. Inventory (Active Listings) The number of property listings active at the end of the month Economists' note : There are a number of ways to calculate Inventory, so these numbers may not match up to others you see in your market. We calculate Inventory by counting the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Month Inventory Percent Change Year-over-Year June 2014 1,019 12.2% May 2014 986 5.7% April 2014 980 5.6% March 2014 923 0.0% February 2014 879 -4.1% January 2014 918 1.3% December 2013 901 -7.2% November 2013 906 -4.7% October 2013 901 -9.5% September 2013 895 -13.9% August 2013 913 -15.1% July 2013 902 -15.9% June 2013 908 -17.2% 2,200 2010 2011 2012 2013 1,700 1,200 700 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 Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates Economists' note : This is an indicator of the state of the market, whether it is a buyers' market or a sellers' market. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 Months of Inventory. Higher numbers indicate a buyers' market, lower numbers a sellers' market. Month Months Supply Percent Change Year-over-Year June 2014 8.0 2.1% May 2014 7.6 -5.1% April 2014 7.5 -7.0% March 2014 7.0 -15.2% February 2014 6.7 -18.9% January 2014 7.0 -15.8% December 2013 7.0 -20.9% November 2013 7.1 -20.2% October 2013 7.1 -24.4% September 2013 7.3 -25.5% August 2013 7.6 -25.9% July 2013 7.6 -26.5% June 2013 7.8 -27.4% 25.0 2010 2011 2012 2013 20.0 15.0 10.0 5.0 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 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 and 12: Cash Sales Pct. of Closed Sales Pai
Page 13: Median Sale Price Average Sale Pric
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

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