Closed Sales

Cash Sales
Pct. of Closed
Sales Paid in Cash
Monthly Market Detail - June 2014
Single Family Homes
Bay County Association of REALTORS®
This report describes member activity for the association and is not confined to any specific geographic area.
Cash Sales
The number of Closed Sales during the month in which
buyers exclusively paid in cash
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
Month
Cash Sales
Percent Change
Year-over-Year
June 2014 63 37.0%
May 2014 68 11.5%
April 2014 55 10.0%
March 2014 52 23.8%
February 2014 34 -10.5%
January 2014 32 6.7%
December 2013 39 -2.5%
November 2013 31 -18.4%
October 2013 57 46.2%
September 2013 40 48.1%
August 2013 52 13.0%
July 2013 38 -2.6%
June 2013 46 17.9%
80
2010 2011 2012 2013
60
40
20
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
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the month
which were Cash Sales
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
Month
Percent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
June 2014 26.3% 19.8%
May 2014 28.3% 14.7%
April 2014 27.5% -1.0%
March 2014 23.7% -6.7%
February 2014 21.3% -21.2%
January 2014 25.4% 8.4%
December 2013 19.4% -6.9%
November 2013 19.7% -20.5%
October 2013 31.0% 35.8%
September 2013 20.8% 32.7%
August 2013 21.4% -7.4%
July 2013 19.8% -10.2%
June 2013 21.9% 6.7%
40%
2010 2011 2012 2013
30%
20%
10%
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.