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New Listings<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 />

New Listings by Initial Listing Price<br />

The number of properties put onto the market during<br />

the month<br />

Economists' note: In a recovering market, we expect that new listings<br />

will eventually rise as sellers raise their estimations of value. But this<br />

increase will take place only after the market has turned up, so New<br />

Listings are a lagging indicator of the health of the market. Also be<br />

aware of properties which have been withdrawn from the market and<br />

then relisted. These are not really New Listings.<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Less than<br />

$50,000<br />

June 2013 June 2014<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Initial Listing Price<br />

New Listings<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 16 33.3%<br />

$50,000 - $99,999 45 21.6%<br />

$100,000 - $149,999 60 30.4%<br />

$150,000 - $199,999 71 31.5%<br />

$200,000 - $249,999 49 19.5%<br />

$250,000 - $299,999 61 103.3%<br />

$300,000 - $399,999 34 21.4%<br />

$400,000 - $599,999 22 37.5%<br />

$600,000 - $999,999 6 -53.8%<br />

$1,000,000 or more 7 16.7%<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Inventory by Current Listing Price<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 />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

Less than<br />

$50,000<br />

June 2013 June 2014<br />

$50,000 -<br />

$99,999<br />

$100,000 -<br />

$149,999<br />

$150,000 -<br />

$199,999<br />

$200,000 -<br />

$249,999<br />

$250,000 -<br />

$299,999<br />

Current Listing Price<br />

Inventory<br />

Percent Change<br />

Year-over-Year<br />

Less than $50,000 61 32.6%<br />

$50,000 - $99,999 181 0.6%<br />

$100,000 - $149,999 223 8.3%<br />

$150,000 - $199,999 250 12.6%<br />

$200,000 - $249,999 196 12.6%<br />

$250,000 - $299,999 187 14.7%<br />

$300,000 - $399,999 189 14.5%<br />

$400,000 - $599,999 121 37.5%<br />

$600,000 - $999,999 94 16.0%<br />

$1,000,000 or more 78 59.2%<br />

$300,000 -<br />

$399,999<br />

$400,000 -<br />

$599,999<br />

$600,000 -<br />

$999,999<br />

$1,000,000 or<br />

more<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<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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