Closed Sales
Closed Sales Median Days on Market 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. Closed Sales by Sale Price The number of sales transactions which closed during the month Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend using the year-over-year percent changes rather than the absolute counts. Realtors® and their clients should also be wary of month-to-month comparisons of Closed Sales because of potential seasonal effects. 30 25 20 15 10 5 0 Less than $50,000 June 2013 June 2014 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 Sale Price Closed Sales Percent Change Year-over-Year Less than $50,000 2 0.0% $50,000 - $99,999 17 -19.0% $100,000 - $149,999 27 3.8% $150,000 - $199,999 16 -40.7% $200,000 - $249,999 11 -54.2% $250,000 - $299,999 18 38.5% $300,000 - $399,999 15 7.1% $400,000 - $599,999 7 75.0% $600,000 - $999,999 0 -100.0% $1,000,000 or more 1 0.0% $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 or more 30 25 20 15 10 5 0 Median Days on Market by Sale Price 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. 700 600 500 400 300 200 100 0 Less than $50,000 June 2013 June 2014 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 Sale Price $50,000 - $99,999 111 8.8% $100,000 - $149,999 Median Days on Market Percent Change Year-over-Year Less than $50,000 135 400.0% 71 4.4% $150,000 - $199,999 60 -52.4% $200,000 - $249,999 81 44.6% $250,000 - $299,999 64 255.6% $300,000 - $399,999 118 63.9% $400,000 - $599,999 24 -17.2% $600,000 - $999,999 (No Sales) N/A $1,000,000 or more 21 -96.5% $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 or more 700 600 500 400 300 200 100 0 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.
New Listings 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. New Listings by Initial Listing Price 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. 45 40 35 30 25 20 15 10 5 0 Less than $50,000 June 2013 June 2014 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 Initial Listing Price New Listings Percent Change Year-over-Year Less than $50,000 5 66.7% $50,000 - $99,999 23 -4.2% $100,000 - $149,999 33 0.0% $150,000 - $199,999 40 42.9% $200,000 - $249,999 26 4.0% $250,000 - $299,999 23 -8.0% $300,000 - $399,999 30 66.7% $400,000 - $599,999 19 137.5% $600,000 - $999,999 3 200.0% $1,000,000 or more 1 N/A $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 or more 45 40 35 30 25 20 15 10 5 0 Inventory by Current Listing Price 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. 200 150 June 2013 June 2014 Current Listing Price Inventory Percent Change Year-over-Year Less than $50,000 16 60.0% $50,000 - $99,999 102 -11.3% $100,000 - $149,999 158 6.0% $150,000 - $199,999 180 12.5% $200,000 - $249,999 129 18.3% $250,000 - $299,999 122 16.2% $300,000 - $399,999 189 37.0% $400,000 - $599,999 94 3.3% $600,000 - $999,999 26 -7.1% $1,000,000 or more 3 0.0% 200 150 100 100 50 50 0 Less than $50,000 $50,000 - $99,999 $100,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $299,999 $300,000 - $399,999 $400,000 - $599,999 $600,000 - $999,999 $1,000,000 or more 0 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 and 14: Median Sale Price Average Sale Pric
- Page 15: Inventory Months Supply of Inventor
- 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
<strong>Closed</strong> <strong>Sales</strong><br />
Median Days<br />
on Market<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 />
<strong>Closed</strong> <strong>Sales</strong> by Sale Price<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 />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Less than<br />
$50,000<br />
June 2013 June 2014<br />
$50,000 -<br />
$99,999<br />
$100,000 -<br />
$149,999<br />
$150,000 -<br />
$199,999<br />
$200,000 -<br />
$249,999<br />
$250,000 -<br />
$299,999<br />
Sale Price<br />
<strong>Closed</strong> <strong>Sales</strong><br />
Percent Change<br />
Year-over-Year<br />
Less than $50,000 2 0.0%<br />
$50,000 - $99,999 17 -19.0%<br />
$100,000 - $149,999 27 3.8%<br />
$150,000 - $199,999 16 -40.7%<br />
$200,000 - $249,999 11 -54.2%<br />
$250,000 - $299,999 18 38.5%<br />
$300,000 - $399,999 15 7.1%<br />
$400,000 - $599,999 7 75.0%<br />
$600,000 - $999,999 0 -100.0%<br />
$1,000,000 or more 1 0.0%<br />
$300,000 -<br />
$399,999<br />
$400,000 -<br />
$599,999<br />
$600,000 -<br />
$999,999<br />
$1,000,000 or<br />
more<br />
30<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
Median Days on Market by Sale Price<br />
The median number of days that properties sold during<br />
the month were on the market<br />
Economists' note: Median Days on Market is the amount of time the<br />
"middle" property selling this month was on the market. That is, 50%<br />
of homes selling this month took less time to sell, and 50% of homes<br />
took more time to sell. We use the median rather than the average<br />
because the median is not particularly sensitive to sales of homes that<br />
took an unusually large amount of time to sell relative to the vast<br />
majority of homes in the market.<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<br />
Less than<br />
$50,000<br />
June 2013 June 2014<br />
$50,000 -<br />
$99,999<br />
$100,000 -<br />
$149,999<br />
$150,000 -<br />
$199,999<br />
$200,000 -<br />
$249,999<br />
$250,000 -<br />
$299,999<br />
Sale Price<br />
$50,000 - $99,999 111 8.8%<br />
$100,000 - $149,999<br />
Median Days on<br />
Market<br />
Percent Change<br />
Year-over-Year<br />
Less than $50,000 135 400.0%<br />
71 4.4%<br />
$150,000 - $199,999 60 -52.4%<br />
$200,000 - $249,999 81 44.6%<br />
$250,000 - $299,999<br />
64 255.6%<br />
$300,000 - $399,999 118 63.9%<br />
$400,000 - $599,999 24 -17.2%<br />
$600,000 - $999,999 (No <strong>Sales</strong>) N/A<br />
$1,000,000 or more 21 -96.5%<br />
$300,000 -<br />
$399,999<br />
$400,000 -<br />
$599,999<br />
$600,000 -<br />
$999,999<br />
$1,000,000 or<br />
more<br />
700<br />
600<br />
500<br />
400<br />
300<br />
200<br />
100<br />
0<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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