Monthly Market Detail - April 2019 Single Family Homes Bay County April 2019
April 2018
Percent Change Year-over-Year
349
287
21.6%
100
72
38.9%
Median Sale Price
$221,000
$213,000
3.8%
Average Sale Price
$235,187
$243,664
-3.5%
$82.1 Million
$69.9 Million
17.4%
97.6%
97.3%
0.3%
Median Time to Contract
21 Days
38 Days
-44.7%
Median Time to Sale
62 Days
80 Days
-22.5%
New Pending Sales
390
356
9.6%
New Listings
462
410
12.7%
Pending Inventory
556
543
2.4%
Inventory (Active Listings)
886
1,265
-30.0%
Months Supply of Inventory
3.0
4.5
-33.3%
Closed Sales
Percent Change Year-over-Year
1,301 349 392 290 270 227 145 97 296 374 352 367 353 287
23.7% 21.6% 27.7% 18.9% 26.2% -13.0% -37.8% -61.5% 8.8% 13.0% 20.5% 3.7% 9.6% 9.1%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month
The number of sales transactions which closed during the month Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
2018
Closed Sales
500 400 300 200 100 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
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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
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.
2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Cash Sales
Percent Change Year-over-Year
413 100 123 90 100 75 55 25 69 92 71 87 82 72
60.7% 38.9% 64.0% 80.0% 66.7% 38.9% 5.8% -60.9% -1.4% 3.4% 6.0% 0.0% 22.4% 9.1%
2018
140
Cash Sales
120 100 80 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
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.
Pct. of Closed Sales Paid in Cash
2015
2016
Month Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
31.7% 28.7% 31.4% 31.0% 37.0% 33.0% 37.9% 25.8% 23.3% 24.6% 20.2% 23.7% 23.2% 25.1%
29.9% 14.3% 28.7% 51.2% 32.1% 59.4% 70.0% 1.6% -9.3% -8.6% -11.8% -3.7% 11.5% 0.0%
2018
40% 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below) Economists' note : Median Sale Price is our preferred summary statistic for price activity because, unlike Average Sale Price, Median Sale Price is not sensitive to high sale prices for small numbers of homes that may not be characteristic of the market area. Keep in mind that median price trends over time are not always solely caused by changes in the general value of local real estate. Median sale price only reflects the values of the homes that sold each month, and the mix of the types of homes that sell can change over time.
Median Sale Price
2015
2016
2017
Percent Change Year-over-Year
$217,050 $221,000 $223,000 $215,000 $210,175 $212,500 $230,000 $245,000 $230,000 $228,500 $224,950 $223,500 $220,000 $213,000
1.0% 3.8% 1.4% 4.9% -1.5% 0.2% 8.7% 16.7% 12.2% 6.3% 7.7% 7.8% 2.3% 2.7%
2018
$300K $250K $200K $150K $100K $50K $0K
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
Month
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists' note : Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area.
2015
Average Sale Price
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018
Median Sale Price
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Average Sale Price
Percent Change Year-over-Year
$231,771 $235,187 $230,629 $227,823 $233,252 $242,551 $266,997 $288,468 $263,307 $255,641 $273,513 $262,709 $255,637 $243,664
-4.5% -3.5% -6.4% -5.0% -2.4% 3.0% 16.8% 22.5% 14.9% 1.0% 17.5% 6.1% 6.0% 5.8%
2018
$350K $300K $250K $200K $150K $100K $50K $0K
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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
Dollar Volume The sum of the sale prices for all sales which closed during the month Economists' note : Dollar Volume is simply the sum of all sale prices in a given time period, and can quickly be calculated by multiplying Closed Sales by Average Sale Price. It is a strong indicator of the health of the real estate industry in a market, and is of particular interest to real estate professionals, investors, analysts, and government agencies. Potential home sellers and home buyers, on the other hand, will likely be better served by paying attention to trends in the two components of Dollar Volume (i.e. sales and prices) individually. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Dollar Volume
Percent Change Year-over-Year
$301.5 Million $82.1 Million $90.4 Million $66.1 Million $63.0 Million $55.1 Million $38.7 Million $28.0 Million $77.9 Million $95.6 Million $96.3 Million $96.4 Million $90.2 Million $69.9 Million
18.1% 17.4% 19.5% 12.9% 23.2% -10.4% -27.3% -52.8% 25.1% 14.2% 41.7% 10.0% 16.2% 15.5%
2018
$120 M
Dollar Volume
$100 M $80 M $60 M $40 M $20 M $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
Median Percent of Original List Price Received The median of the sale price (as a percentage of the original list price) across all properties selling during the month Economists' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery, since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price (or better it) in order to get a contract on the house. This is usually the last measure to indicate a market has shifted from down to up, so it is what we would call a lagging indicator.
Med. Pct. of Orig. List Price Received
2015
2016
Month Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
98.6% 97.6% 99.1% 99.2% 98.3% 97.6% 96.3% 97.6% 97.3% 96.8% 96.3% 97.4% 97.1% 97.3%
2.0% 0.3% 2.4% 3.3% 2.3% 0.7% 0.2% 2.2% 1.2% -0.7% -0.8% 0.5% 0.9% 0.6%
2018
120% 100% 80% 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
Median Time to Contract The median number of days between the listing date and contract date for all Closed Sales during the month Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Median Time to Contract
Percent Change Year-over-Year
26 Days 21 Days 22 Days 33 Days 35 Days 58 Days 54 Days 43 Days 38 Days 40 Days 46 Days 40 Days 38 Days 38 Days
-50.0% -44.7% -55.1% -52.9% -44.4% 38.1% 8.0% -20.4% -13.6% 14.3% 15.0% -18.4% -34.5% -36.7%
2018
Median Time to Contract
120 100 80 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
Month
Median Time to Sale The median number of days between the listing date and closing date for all Closed Sales during the month Economists' note : Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the "middle" property selling this month was on the market. That is, 50% of homes selling this month took less time to sell, and 50% of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Median Time to Sale
2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Median Time to Sale
Percent Change Year-over-Year
71 Days 62 Days 68 Days 88 Days 90 Days 117 Days 99 Days 89 Days 89 Days 85 Days 97 Days 85 Days 81 Days 80 Days
-27.6% -22.5% -29.9% -19.3% -21.7% 30.0% 6.5% -12.7% -6.3% -1.2% 11.5% -19.8% -27.0% -30.4%
2018
200 150 100 50 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
New Pending Sales The number of listed properties that went under contract during the month Economists' note : Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
New Pending Sales
Percent Change Year-over-Year
1,515 390 394 352 379 249 252 147 264 362 359 380 400 356
15.8% 9.6% 11.3% 17.3% 27.2% 10.7% 10.0% -46.5% 22.8% 1.7% 8.5% 27.1% 17.6% 7.2%
2018
Pending Sales
500 400 300 200 100 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
Month
New Listings The number of properties put onto the market during the month Economists' note : New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
New Listings
Percent Change Year-over-Year
1,597 462 405 362 368 252 222 126 316 444 417 387 444 410
-1.7% 12.7% -10.2% -0.5% -7.8% 19.4% -10.8% -60.4% 4.3% 14.1% 22.3% 8.4% 18.1% 26.2%
2018
New Listings
500 400 300 200 100 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County Month
Inventory (Active Listings) The number of property listings active at the end of the month Economists' note : There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market (regardless of whether they actually sell). Likewise, it falls when New Listings aren't keeping up with the rate at which homes are going off-market.
2015
2016
YTD (Monthly Avg) April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Inventory
Percent Change Year-over-Year
876 886 844 868 904 871 942 1,088 1,251 1,286 1,217 1,196 1,278 1,265
-25.7% -30.0% -29.1% -24.6% -18.5% -14.0% -14.8% -3.8% 11.6% 16.4% 8.2% 1.4% 9.2% 9.6%
2018
2,000
Inventory
1,500 1,000 500 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
Month
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates Economists' note : MSI is a useful indicator of market conditions. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers' market, and anything lower is a sellers' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month's Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Months Supply of Inventory
2015
2016
YTD (Monthly Avg) April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Months Supply
Percent Change Year-over-Year
3.1 3.0 2.9 3.1 3.3 3.2 3.4 3.9 4.2 4.4 4.2 4.2 4.5 4.5
-26.2% -33.3% -32.6% -24.4% -17.5% -13.5% -15.0% -4.9% 2.4% 10.0% 0.0% -4.5% 2.3% 2.3%
2018
8.0 6.0 4.0 2.0 0.0
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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County
Closed Sales by Sale Price The number of sales transactions which closed during the month
Closed Sales
Economists' note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. April 2018
90 80 70 60 50 40 30 20 10 0 Less than $50,000
$50,000 $99,999
Less than $50,000
19
216.7%
$50,000 - $99,999
35
169.2%
$100,000 - $149,999
26
-35.0%
$150,000 - $199,999
58
-14.7%
$200,000 - $249,999
79
25.4%
$250,000 - $299,999
51
34.2%
$300,000 - $399,999
49
44.1%
$400,000 - $599,999
27
58.8%
$600,000 - $999,999
4
-20.0%
$1,000,000 or more
1
-66.7%
$100,000 $149,999
$150,000 $199,999
90 80 70 60 50 40 30 20 10 0 $200,000 $249,999
$250,000 $299,999
Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. April 2018
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more Median Time to Contract
Percent Change Year-over-Year
Less than $50,000
29 Days
-43.1%
$50,000 - $99,999
8 Days
-71.4%
$100,000 - $149,999
16 Days
-48.4%
$150,000 - $199,999
11 Days
-78.4%
$200,000 - $249,999
17 Days
-60.5%
$250,000 - $299,999
23 Days
-48.9%
$300,000 - $399,999
53 Days
96.3%
$400,000 - $599,999
52 Days
30.0%
$600,000 - $999,999
245 Days
880.0%
$1,000,000 or more
1072 Days
3473.3%
Sale Price
The median number of days between the listing date and contract date for all Closed Sales during the month
Median Time to Contract
Percent Change Year-over-Year
April 2019
Median Time to Contract by Sale Price
1,200
Closed Sales
Sale Price
April 2019
1,200
1,000
1,000
800
800
600
600
400
400
200
200
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Single Family Homes Bay County
New Listings by Initial Listing Price The number of properties put onto the market during the month Economists' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
New Listings
April 2018
New Listings
Percent Change Year-over-Year
Less than $50,000
11
175.0%
$50,000 - $99,999
48
300.0%
$100,000 - $149,999
24
-38.5%
$150,000 - $199,999
65
-23.5%
$200,000 - $249,999
89
14.1%
$250,000 - $299,999
90
60.7%
$300,000 - $399,999
79
9.7%
$400,000 - $599,999
33
-17.5%
$600,000 - $999,999
11
-31.3%
$1,000,000 or more
12
50.0%
April 2019
100 90 80 70 60 50 40 30 20 10 0
100 90 80 70 60 50 40 30 20 10 0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
The number of property listings active at the end of the month Economists' note : There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market (regardless of whether they actually sell). Likewise, it falls when New Listings aren't keeping up with the rate at which homes are going off-market. April 2018
300
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Inventory
Percent Change Year-over-Year
Less than $50,000
18
100.0%
$50,000 - $99,999
44
0.0%
$100,000 - $149,999
32
-64.8%
$150,000 - $199,999
98
-43.7%
$200,000 - $249,999
127
-39.5%
$250,000 - $299,999
140
-25.5%
$300,000 - $399,999
204
-17.4%
$400,000 - $599,999
104
-26.2%
$600,000 - $999,999
61
-32.2%
$1,000,000 or more
58
-18.3%
Current Listing Price
Inventory by Current Listing Price
Inventory
Initial Listing Price
April 2019
300
250
250
200
200
150
150
100
100
50
50
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Distressed Market - April 2019 Single Family Homes Bay County
Closed Sales
April 2019
April 2018
Percent Change Year-over-Year
343
279
22.9%
$223,450
$213,850
4.5%
5
8
-37.5%
$70,100
$107,500
-34.8%
1
0
N/A
$88,900
(No Sales)
N/A
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2015
2016
Traditional
2017
Foreclosure/REO
2018
Short Sale
100% 90%
Closed Sales
80% 70% 60% 50% 40% 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 $500K $450K
Median Sale Price
$400K $350K $300K
$250K $200K $150K $100K $50K $0K
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
2015
2016
2017
2018
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County April 2019
April 2018
Percent Change Year-over-Year
153
194
-21.1%
69
94
-26.6%
Median Sale Price
$249,000
$245,000
1.6%
Average Sale Price
$275,875
$263,463
4.7%
$42.2 Million
$51.1 Million
-17.4%
97.0%
96.5%
0.5%
Median Time to Contract
35 Days
26 Days
34.6%
Median Time to Sale
74 Days
57 Days
29.8%
New Pending Sales
154
221
-30.3%
New Listings
197
270
-27.0%
Pending Inventory
340
210
61.9%
Inventory (Active Listings)
793
672
18.0%
Months Supply of Inventory
6.0
4.5
33.3%
Closed Sales
Percent Change Year-over-Year
492 153 149 101 89 79 92 92 126 178 166 178 186 194
-25.1% -21.1% -26.2% -27.9% -26.4% -33.6% -28.1% -28.1% -12.5% 9.9% 16.1% 5.3% 31.0% 22.0%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month
The number of sales transactions which closed during the month Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
2018
Closed Sales
250 200 150 100 50 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
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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
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.
2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Cash Sales
Percent Change Year-over-Year
252 69 79 48 56 33 35 47 64 78 75 90 87 94
-26.3% -26.6% -27.5% -33.3% -16.4% -42.1% -46.2% -33.8% 3.2% -8.2% 10.3% 21.6% 19.2% 54.1%
2018
120
Cash Sales
100 80 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
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.
Pct. of Closed Sales Paid in Cash
2015
2016
Month Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
51.2% 45.1% 53.0% 47.5% 62.9% 41.8% 38.0% 51.1% 50.8% 43.8% 45.2% 50.6% 46.8% 48.5%
-1.7% -7.0% -1.9% -7.6% 13.5% -12.7% -25.2% -7.9% 17.9% -16.6% -5.0% 15.5% -8.9% 26.3%
2018
70% 60% 50% 40% 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below) Economists' note : Median Sale Price is our preferred summary statistic for price activity because, unlike Average Sale Price, Median Sale Price is not sensitive to high sale prices for small numbers of homes that may not be characteristic of the market area. Keep in mind that median price trends over time are not always solely caused by changes in the general value of local real estate. Median sale price only reflects the values of the homes that sold each month, and the mix of the types of homes that sell can change over time.
Median Sale Price
2015
2016
2017
Percent Change Year-over-Year
$257,250 $249,000 $257,500 $252,500 $270,000 $238,162 $267,061 $264,000 $279,500 $240,000 $245,000 $238,162 $237,081 $245,000
5.0% 1.6% -4.8% 14.8% 10.2% -8.4% 4.7% 33.3% 25.9% -4.0% 14.0% 19.1% 6.8% 6.5%
2018
$300K $250K $200K $150K $100K $50K $0K
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
Month
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists' note : Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area.
2015
Average Sale Price
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018
Median Sale Price
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Average Sale Price
Percent Change Year-over-Year
$276,890 $275,875 $285,103 $264,769 $278,643 $254,945 $308,433 $276,003 $289,036 $265,675 $268,549 $265,818 $262,846 $263,463
4.4% 4.7% 1.2% 10.5% 3.0% 0.7% 13.9% 18.4% 19.4% 2.8% 6.0% 16.3% 7.9% 13.8%
2018
$350K $300K $250K $200K $150K $100K $50K $0K
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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
Dollar Volume The sum of the sale prices for all sales which closed during the month Economists' note : Dollar Volume is simply the sum of all sale prices in a given time period, and can quickly be calculated by multiplying Closed Sales by Average Sale Price. It is a strong indicator of the health of the real estate industry in a market, and is of particular interest to real estate professionals, investors, analysts, and government agencies. Potential home sellers and home buyers, on the other hand, will likely be better served by paying attention to trends in the two components of Dollar Volume (i.e. sales and prices) individually. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Dollar Volume
Percent Change Year-over-Year
$136.2 Million $42.2 Million $42.5 Million $26.7 Million $24.8 Million $20.1 Million $28.4 Million $25.4 Million $36.4 Million $47.3 Million $44.6 Million $47.3 Million $48.9 Million $51.1 Million
-21.8% -17.4% -25.4% -20.3% -24.2% -33.2% -18.1% -14.9% 4.5% 13.0% 23.1% 22.5% 41.4% 38.9%
2018
$60 M
Dollar Volume
$50 M $40 M $30 M $20 M $10 M $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
Median Percent of Original List Price Received The median of the sale price (as a percentage of the original list price) across all properties selling during the month Economists' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery, since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price (or better it) in order to get a contract on the house. This is usually the last measure to indicate a market has shifted from down to up, so it is what we would call a lagging indicator.
Med. Pct. of Orig. List Price Received
2015
2016
Month Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
96.9% 97.0% 97.2% 97.1% 95.2% 97.5% 97.2% 97.3% 96.9% 97.2% 97.0% 97.7% 97.3% 96.5%
0.3% 0.5% 0.4% 0.7% -0.8% 1.7% 1.9% 1.0% 1.4% 1.0% 1.8% 2.2% 1.2% 1.0%
2018
120% 100% 80% 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
Median Time to Contract The median number of days between the listing date and contract date for all Closed Sales during the month Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Median Time to Contract
Percent Change Year-over-Year
32 Days 35 Days 21 Days 45 Days 50 Days 33 Days 47 Days 29 Days 21 Days 40 Days 41 Days 36 Days 31 Days 26 Days
-23.8% 34.6% -51.2% -27.4% -16.7% -45.0% -41.3% -58.0% -64.4% -16.7% -32.8% -26.5% -53.7% -64.4%
2018
Median Time to Contract
120 100 80 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
Month
Median Time to Sale The median number of days between the listing date and closing date for all Closed Sales during the month Economists' note : Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the "middle" property selling this month was on the market. That is, 50% of homes selling this month took less time to sell, and 50% of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Median Time to Sale
2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Median Time to Sale
Percent Change Year-over-Year
69 Days 74 Days 57 Days 76 Days 79 Days 78 Days 86 Days 65 Days 61 Days 77 Days 81 Days 64 Days 65 Days 57 Days
-2.8% 29.8% -19.7% -13.6% -13.2% -19.6% -21.1% -42.0% -34.4% -8.3% -12.9% -22.9% -32.3% -39.4%
2018
200 150 100 50 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
New Pending Sales The number of listed properties that went under contract during the month Economists' note : Because of the typical length of time it takes for a sale to close, economists consider Pending Sales to be a decent indicator of potential future Closed Sales. It is important to bear in mind, however, that not all Pending Sales will be closed successfully. So, the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
New Pending Sales
Percent Change Year-over-Year
650 154 204 160 132 194 116 84 137 222 173 192 278 221
-16.8% -30.3% 1.0% -13.0% -24.1% 94.0% -10.1% -40.4% 18.1% 37.0% 8.1% 12.9% 93.1% 38.1%
2018
Pending Sales
300 250 200 150 100 50 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
Month
New Listings The number of properties put onto the market during the month Economists' note : New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings. 2015
2016
Year-to-Date April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
New Listings
Percent Change Year-over-Year
801 197 198 172 234 157 221 63 149 249 180 143 302 270
-10.7% -27.0% -21.4% -2.8% 18.2% 91.5% 38.1% -56.8% 22.1% 34.6% 28.6% -18.8% 52.5% 55.2%
2018
350
New Listings
300 250 200 150 100 50 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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County Month
Inventory (Active Listings) The number of property listings active at the end of the month Economists' note : There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market (regardless of whether they actually sell). Likewise, it falls when New Listings aren't keeping up with the rate at which homes are going off-market.
2015
2016
YTD (Monthly Avg) April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Inventory
Percent Change Year-over-Year
745 793 717 729 742 599 637 490 546 612 533 523 679 672
20.0% 18.0% 23.2% 22.9% 16.7% 1.7% -5.1% -25.9% -19.1% -12.9% -22.9% -30.5% -12.9% -5.2%
2018
1,200
Inventory
1,000 800 600 400 200 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
Month
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates Economists' note : MSI is a useful indicator of market conditions. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers' market, and anything lower is a sellers' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month's Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Months Supply of Inventory
2015
2016
YTD (Monthly Avg) April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 2017
Months Supply
Percent Change Year-over-Year
5.4 6.0 5.3 5.2 5.2 4.1 4.3 3.2 3.5 3.9 3.4 3.4 4.4 4.5
25.6% 33.3% 32.5% 26.8% 15.6% -4.7% -12.2% -34.7% -30.0% -27.8% -37.0% -43.3% -31.3% -23.7%
2018
10.0 8.0 6.0 4.0 2.0 0.0
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
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County
Closed Sales by Sale Price The number of sales transactions which closed during the month Economists' note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. April 2018
Closed Sales
60
Closed Sales
Percent Change Year-over-Year
Less than $50,000
1
N/A
$50,000 - $99,999
2
-77.8%
$100,000 - $149,999
18
-41.9%
$150,000 - $199,999
30
11.1%
$200,000 - $249,999
26
-18.8%
$250,000 - $299,999
20
0.0%
$300,000 - $399,999
33
-35.3%
$400,000 - $599,999
18
-10.0%
$600,000 - $999,999
5
25.0%
$1,000,000 or more
0
N/A
Sale Price
April 2019
60
50
50
40
40
30
30
20
20
10
10
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
The median number of days between the listing date and contract date for all Closed Sales during the month
Median Time to Contract
Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. April 2018
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more Median Time to Contract
Percent Change Year-over-Year
Less than $50,000
20 Days
N/A
$50,000 - $99,999
79 Days
172.4%
$100,000 - $149,999
29 Days
16.0%
$150,000 - $199,999
17 Days
0.0%
$200,000 - $249,999
51 Days
155.0%
$250,000 - $299,999
24 Days
14.3%
$300,000 - $399,999
45 Days
18.4%
$400,000 - $599,999
70 Days
218.2%
$600,000 - $999,999
273 Days
-2.2%
$1,000,000 or more
(No Sales)
N/A
Sale Price
Median Time to Contract by Sale Price
300
$300,000 $399,999
April 2019
300
250
250
200
200
150
150
100
100
50
50
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Market Detail - April 2019 Townhouses and Condos Bay County
New Listings by Initial Listing Price The number of properties put onto the market during the month Economists' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings.
New Listings
April 2018
Initial Listing Price
New Listings
Percent Change Year-over-Year
Less than $50,000
0
N/A
$50,000 - $99,999
2
-75.0%
$100,000 - $149,999
11
-57.7%
$150,000 - $199,999
30
-51.6%
$200,000 - $249,999
23
-53.1%
$250,000 - $299,999
28
-31.7%
$300,000 - $399,999
58
9.4%
$400,000 - $599,999
36
38.5%
$600,000 - $999,999
9
125.0%
$1,000,000 or more
0
-100.0%
April 2019
70
70
60
60
50
50
40
40
30
30
20
20
10
10
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
The number of property listings active at the end of the month Economists' note : There are a number of ways to define and calculate Inventory. Our method is to simply count the number of active listings on the last day of the month, and hold this number to compare with the same month the following year. Inventory rises when New Listings are outpacing the number of listings that go off-market (regardless of whether they actually sell). Likewise, it falls when New Listings aren't keeping up with the rate at which homes are going off-market. April 2018
Inventory
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Inventory
Percent Change Year-over-Year
Less than $50,000
0
N/A
$50,000 - $99,999
3
-78.6%
$100,000 - $149,999
28
-52.5%
$150,000 - $199,999
91
-31.1%
$200,000 - $249,999
88
11.4%
$250,000 - $299,999
85
-13.3%
$300,000 - $399,999
192
35.2%
$400,000 - $599,999
196
67.5%
$600,000 - $999,999
102
240.0%
$1,000,000 or more
8
700.0%
Current Listing Price
Inventory by Current Listing Price
250
$300,000 $399,999
April 2019
250
200
200
150
150
100
100
50
50
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.
Monthly Distressed Market - April 2019 Townhouses and Condos Bay County
Closed Sales
April 2019
April 2018
Percent Change Year-over-Year
152
194
-21.6%
$251,500
$245,000
2.7%
1
0
N/A
$189,000
(No Sales)
N/A
0
0
N/A
(No Sales)
(No Sales)
N/A
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2015
2016
Traditional
2017
Foreclosure/REO
2018
Short Sale
100% 98%
Closed Sales
96%
94% 92% 90% 88% 86% 84% 82% 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 $700K
$600K
Median Sale Price
$500K $400K $300K $200K $100K $0K
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
2015
2016
2017
2018
Produced by Florida RealtorsÂŽ 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, May 21, 2019. Next data release is Friday, June 21, 2019.