Closed Sales

Cash Sales
Pct. of Closed
Sales Paid in Cash
Monthly Market Detail - June 2014
Manufactured 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 13 18.2%
May 2014 16 45.5%
April 2014 9 125.0%
March 2014 11 450.0%
February 2014 10 66.7%
January 2014 3 -70.0%
December 2013 11 57.1%
November 2013 11 120.0%
October 2013 8 -27.3%
September 2013 8 -11.1%
August 2013 5 -44.4%
July 2013 12 9.1%
June 2013 11 0.0%
20
2010 2011 2012 2013
15
10
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
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 61.9% -4.3%
May 2014 55.2% 15.4%
April 2014 64.3% 60.7%
March 2014 52.4% 83.3%
February 2014 71.4% 42.9%
January 2014 27.3% -59.1%
December 2013 55.0% 41.4%
November 2013 68.8% 51.3%
October 2013 53.3% -12.7%
September 2013 53.3% -17.0%
August 2013 41.7% -30.6%
July 2013 57.1% -16.9%
June 2013 64.7% 29.4%
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
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.