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Inventory<br />
Months Supply of<br />
Inventory<br />
Monthly Market Detail - June 2014<br />
Single Family 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 1,580 15.0%<br />
May 2014 1,562 14.5%<br />
April 2014 1,556 9.7%<br />
March 2014 1,538 11.3%<br />
February 2014 1,496 11.6%<br />
January 2014 1,477 10.4%<br />
December 2013 1,525 11.3%<br />
November 2013 1,489 4.6%<br />
October 2013 1,498 -2.5%<br />
September 2013 1,497 -9.1%<br />
August 2013 1,415 -17.5%<br />
July 2013 1,413 -19.9%<br />
June 2013 1,374 -26.0%<br />
2,700<br />
2010 2011 2012 2013<br />
2,200<br />
1,700<br />
1,200<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 8.1 4.3%<br />
May 2014 8.1 4.2%<br />
April 2014 8.0 -4.0%<br />
March 2014 8.0 -2.2%<br />
February 2014 8.0 0.1%<br />
January 2014 7.9 -1.2%<br />
December 2013 8.2 -2.2%<br />
November 2013 8.0 -10.4%<br />
October 2013 8.1 -18.5%<br />
September 2013 8.1 -25.5%<br />
August 2013 7.7 -32.4%<br />
July 2013 7.9 -34.8%<br />
June 2013 7.7 -40.6%<br />
21.0<br />
2010 2011 2012 2013<br />
16.0<br />
11.0<br />
6.0<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.