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Inventory<br />

Months Supply of<br />

Inventory<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 />

Inventory (Active Listings)<br />

The number of property listings active at the end of<br />

the month<br />

Economists' note : There are a number of ways to calculate Inventory,<br />

so these numbers may not match up to others you see in your market.<br />

We calculate Inventory by counting the number of active listings on the<br />

last day of the month, and hold this number to compare with the same<br />

month the following year.<br />

Month<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

June 2014 202 -5.6%<br />

May 2014 210 -7.9%<br />

April 2014 214 -2.7%<br />

March 2014 218 4.8%<br />

February 2014 222 15.6%<br />

January 2014 222 13.8%<br />

December 2013 231 15.5%<br />

November 2013 227 5.6%<br />

October 2013 208 -4.1%<br />

September 2013 227 7.1%<br />

August 2013 222 -0.4%<br />

July 2013 208 -8.4%<br />

June 2013 214 -7.8%<br />

400<br />

2010 2011 2012 2013<br />

300<br />

200<br />

100<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 />

Months Supply of Inventory<br />

An estimate of the number of months it will take to<br />

deplete the current Inventory given recent sales rates<br />

Economists' note : This is an indicator of the state of the market,<br />

whether it is a buyers' market or a sellers' market. The benchmark for<br />

a balanced market (favoring neither buyer nor seller) is 5.5 Months of<br />

Inventory. Higher numbers indicate a buyers' market, lower numbers<br />

a sellers' market.<br />

Month<br />

Months Supply<br />

Percent Change<br />

Year-over-Year<br />

June 2014 11.6 -20.5%<br />

May 2014 12.3 -18.7%<br />

April 2014 12.9 -16.4%<br />

March 2014 13.4 -4.9%<br />

February 2014 14.7 16.9%<br />

January 2014 14.9 13.8%<br />

December 2013 15.1 8.6%<br />

November 2013 15.0 -3.2%<br />

October 2013 14.2 -9.6%<br />

September 2013 15.2 -4.3%<br />

August 2013 15.0 -6.6%<br />

July 2013 13.8 -13.4%<br />

June 2013 14.6 -9.9%<br />

35.0<br />

30.0<br />

25.0<br />

20.0<br />

15.0<br />

10.0<br />

2010 2011 2012 2013<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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