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Closed Sales

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

Monthly Market Detail - June 2014<br />

Manufactured Homes<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 />

21 17 23.5%<br />

13 11 18.2%<br />

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

26<br />

27 -3.7%<br />

New Listings<br />

Median Sale Price<br />

29 31 -6.5%<br />

$60,000 $52,000 15.4%<br />

Average Sale Price<br />

$71,695<br />

$63,582 12.8%<br />

Median Days on Market<br />

88 83 6.0%<br />

Average Percent of Original List<br />

Price Received<br />

84.1%<br />

83.2%<br />

1.1%<br />

Pending Inventory<br />

Inventory (Active Listings)<br />

32<br />

202<br />

30 6.7%<br />

214 -5.6%<br />

Months Supply of Inventory 11.6<br />

14.6 -20.5%<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 />

21<br />

23.5%<br />

May 2014 29 26.1%<br />

April 2014 14<br />

40.0%<br />

March 2014<br />

February 2014<br />

January 2014<br />

December 2013<br />

November 2013<br />

October 2013<br />

21<br />

14<br />

11<br />

20<br />

16<br />

15<br />

200.0%<br />

16.7%<br />

-26.7%<br />

11.1%<br />

45.5%<br />

-16.7%<br />

September 2013 15<br />

7.1%<br />

August 2013<br />

July 2013<br />

12<br />

21<br />

-20.0%<br />

31.3%<br />

June 2013 17<br />

-22.7%<br />

40<br />

2010 2011 2012 2013<br />

30<br />

20<br />

10<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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