Walton County Monthly Marketing Report June 2020

Monthly Market Detail - June 2020 Single Family Homes Walton County June 2020

June 2019

Percent Change Year-over-Year

395

303

30.4%

115

71

62.0%

Median Sale Price

$525,000

$449,900

16.7%

Average Sale Price

$895,218

$700,456

27.8%

$353.6 Million

$212.2 Million

66.6%

96.9%

97.9%

-1.0%

Median Time to Contract

75 Days

50 Days

50.0%

Median Time to Sale

127 Days

112 Days

13.4%

New Pending Sales

554

282

96.5%

New Listings

439

293

49.8%

Pending Inventory

799

530

50.8%

Inventory (Active Listings)

1,067

1,335

-20.1%

Months Supply of Inventory

4.3

5.7

-24.6%

Closed Sales

Percent Change Year-over-Year

1,480 395 215 191 274 210 195 268 244 224 231 293 256 303

-0.9% 30.4% -28.6% -26.3% 8.7% 12.3% 2.1% 34.0% 16.7% 15.5% 1.8% 36.3% 2.8% 20.2%

Summary Statistics Closed Sales Paid in Cash

Dollar Volume Median Percent of Original List Price Received

Closed Sales

Month Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

2019

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 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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton County Month

Cash Sales

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.

2017

Percent Change Year-over-Year

357 115 50 38 63 46 45 65 60 56 52 79 60 71

-7.0% 62.0% -35.9% -42.4% -1.6% -11.5% -15.1% 75.7% 11.1% 5.7% 20.9% 54.9% -6.3% 20.3%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of Closed Sales during the month in which buyers exclusively paid in cash

2016

Cash Sales

2018

2019

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 M J

Month

Cash Sales as a Percentage of Closed 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

2017

Percent Change Year-over-Year

24.1% 29.1% 23.3% 19.9% 23.0% 21.9% 23.1% 24.3% 24.6% 25.0% 22.5% 27.0% 23.4% 23.4%

-6.2% 24.4% -10.0% -22.0% -9.4% -21.2% -16.6% 31.4% -4.7% -8.4% 19.0% 13.9% -8.9% 0.0%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The percentage of Closed Sales during the month which were Cash Sales

2016

Percent of Closed Sales Paid in Cash

2018

2019

35% 30% 25% 20% 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

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton County Month

Median Sale Price

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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

2016

2017

2018

Percent Change Year-over-Year

$475,500 $525,000 $460,000 $415,000 $507,500 $443,275 $450,000 $483,750 $471,000 $410,895 $435,230 $472,500 $434,868 $449,900

8.1% 16.7% -9.6% -6.7% 18.5% 17.0% 11.4% 16.4% -1.5% -2.9% 10.1% 2.7% 8.7% 7.4%

2019

$600K $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 M J

Month

Average Sale Price

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

Average Sale Price

Median Sale Price

2017

2018

Average Sale Price

Percent Change Year-over-Year

$806,788 $895,218 $817,577 $741,192 $790,986 $687,110 $831,105 $772,330 $698,681 $654,009 $616,199 $706,724 $720,845 $700,456

18.3% 27.8% 11.6% 6.1% 17.1% -1.0% 51.7% 31.2% -2.6% -21.3% -1.7% 4.9% -1.9% -5.8%

2019

$1000K $800K $600K $400K $200K $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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton County Month

Dollar Volume

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

Dollar Volume

Percent Change Year-over-Year

$1.2 Billion $353.6 Million $175.8 Million $141.6 Million $216.7 Million $144.3 Million $162.1 Million $207.0 Million $170.5 Million $146.5 Million $142.3 Million $207.1 Million $184.5 Million $212.2 Million

17.3% 66.6% -20.3% -21.8% 27.3% 11.2% 54.8% 75.8% 13.7% -9.1% 0.0% 43.0% 0.8% 13.3%

2019

Dollar Volume

$400 M $300 M $200 M $100 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 M J

Month

Median Percent of Original List Price Received

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

2017

Percent Change Year-over-Year

97.4% 96.9% 97.5% 97.7% 97.3% 97.8% 98.8% 97.4% 97.8% 97.7% 98.1% 97.3% 97.4% 97.9%

0.1% -1.0% 0.6% 0.7% 0.2% 0.2% 1.4% -0.4% 1.1% 2.4% 0.9% 1.4% 1.4% 1.1%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The median of the sale price (as a percentage of the original list price) across all properties selling during the month

2016

Med. Pct. of Orig.

List Price Received

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton 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.

2016

2017

Median Time to Contract

Percent Change Year-over-Year

62 Days 75 Days 47 Days 38 Days 60 Days 79 Days 60 Days 47 Days 42 Days 46 Days 45 Days 46 Days 54 Days 50 Days

-1.6% 50.0% -13.0% -39.7% -34.1% 27.4% -28.6% -41.3% -43.2% -33.3% -40.0% -16.4% -12.9% -19.4%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

2018

2019

Median Time to Contract

140 120 100 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 M J

Month

Median Time to Sale 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

2017

Percent Change Year-over-Year

133 Days 127 Days 115 Days 109 Days 133 Days 153 Days 141 Days 122 Days 116 Days 123 Days 113 Days 108 Days 107 Days 112 Days

1.5% 13.4% -0.9% -5.2% -20.8% 7.7% -2.1% -19.7% -9.4% -3.1% -27.1% -6.9% -4.5% -4.3%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The median number of days between the listing date and closing date for all Closed Sales during the month

2016

Median Time to Sale

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton County Month

New Pending Sales

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.

2017

Percent Change Year-over-Year

1,815 554 419 216 132 254 240 183 210 288 228 262 305 282

10.1% 96.5% 43.5% -32.3% -56.1% 3.7% 14.3% 0.5% 4.5% 35.2% 3.6% 6.5% 31.5% 4.8%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of listed properties that went under contract during the month

2016

New Pending Sales

2018

2019

Pending Sales

600 500 400 300 200 100 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 M J

Month

New Listings

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.

2017

Percent Change Year-over-Year

2,084 439 412 281 357 286 309 164 283 315 300 351 324 293

3.5% 49.8% 13.8% -27.2% -8.7% -6.8% 12.4% -11.4% 8.8% 29.1% 2.0% 22.3% 16.1% 2.1%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of properties put onto the market during the month

2016

New Listings

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton County Month

Inventory (Active Listings)

YTD (Monthly Avg) June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

Inventory

Percent Change Year-over-Year

1,245 1,067 1,259 1,345 1,312 1,204 1,280 1,239 1,362 1,353 1,389 1,366 1,323 1,335

-6.4% -20.1% -9.9% -0.6% -2.0% -6.7% 0.9% -0.9% 4.4% 3.5% 1.5% -0.5% -3.0% -4.3%

2019

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 M J

Month

Months Supply of Inventory 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

2017

Percent Change Year-over-Year

5.0 4.3 5.2 5.4 5.1 4.8 5.1 4.9 5.6 5.6 5.8 5.7 5.7 5.7

-15.3% -24.6% -14.8% -10.0% -15.0% -15.8% -10.5% -12.5% -5.1% -5.1% -6.5% -9.5% -8.1% -9.5%

YTD (Monthly Avg) June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

An estimate of the number of months it will take to deplete the current Inventory given recent sales rates

2016

Months Supply

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton 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.

June 2019

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

Median Time to Contract

0

-100.0%

$50,000 - $99,999

2

-50.0%

$100,000 - $149,999

3

-50.0%

$150,000 - $199,999

21

162.5%

$200,000 - $249,999

11

-64.5%

$250,000 - $299,999

32

3.2%

$300,000 - $399,999

71

36.5%

$400,000 - $599,999

90

26.8%

$600,000 - $999,999

72

56.5%

$1,000,000 or more

93

78.8%

June 2019

$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

(No Sales)

N/A

$50,000 - $99,999

26 Days

-81.0%

$100,000 - $149,999

56 Days

409.1%

$150,000 - $199,999

50 Days

455.6%

$200,000 - $249,999

101 Days

65.6%

$250,000 - $299,999

51 Days

59.4%

$300,000 - $399,999

58 Days

38.1%

$400,000 - $599,999

58 Days

38.1%

$600,000 - $999,999

133 Days

40.0%

$1,000,000 or more

106 Days

55.9%

Sale Price

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.

$50,000 $99,999

Less than $50,000

100 90 80 70 60 50 40 30 20 10 0

The median number of days between the listing date and contract date for all Closed Sales during the month

Less than $50,000

Percent Change Year-over-Year

June 2020

Median Time to Contract by Sale Price

160 140 120 100 80 60 40 20 0

Closed Sales

Sale Price

June 2020

$100,000 $149,999

$150,000 $199,999

160 140 120 100 80 60 40 20 0 $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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Single Family Homes Walton 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

June 2019

New Listings

Percent Change Year-over-Year

Less than $50,000

0

-100.0%

$50,000 - $99,999

4

33.3%

$100,000 - $149,999

3

-50.0%

$150,000 - $199,999

34

277.8%

$200,000 - $249,999

24

-4.0%

$250,000 - $299,999

24

-14.3%

$300,000 - $399,999

55

22.2%

$400,000 - $599,999

78

41.8%

$600,000 - $999,999

70

16.7%

$1,000,000 or more

147

145.0%

June 2020

160 140 120 100 80 60 40 20 0

160 140 120 100 80 60 40 20 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.

June 2019

600

$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

1

-66.7%

$50,000 - $99,999

6

20.0%

$100,000 - $149,999

9

-25.0%

$150,000 - $199,999

55

120.0%

$200,000 - $249,999

24

-46.7%

$250,000 - $299,999

48

-9.4%

$300,000 - $399,999

78

-48.0%

$400,000 - $599,999

186

-15.8%

$600,000 - $999,999

233

-27.9%

$1,000,000 or more

427

-14.3%

Current Listing Price

Inventory by Current Listing Price

Inventory

Initial Listing Price

June 2020

600

500

500

400

400

300

300

200

200

100

100

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Distressed Market - June 2020 Single Family Homes Walton County

Closed Sales

June 2020

June 2019

Percent Change Year-over-Year

387

299

29.4%

$525,000

$450,000

16.7%

8

4

100.0%

$544,299

$180,500

201.6%

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

2016

2017

Traditional

2018

Foreclosure/REO

2019

Short Sale

100% 98%

Closed Sales

96% 94% 92% 90% 88% 86% 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 $1400K

$1200K

Median Sale Price

$1000K $800K $600K $400K $200K $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 M J

2016

2017

2018

2019

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County June 2020

June 2019

Percent Change Year-over-Year

130

70

85.7%

58

22

163.6%

Median Sale Price

$353,500

$360,000

-1.8%

Average Sale Price

$515,147

$473,549

8.8%

$67.0 Million

$33.1 Million

102.0%

95.5%

95.8%

-0.3%

Median Time to Contract

89 Days

81 Days

9.9%

Median Time to Sale

117 Days

113 Days

3.5%

New Pending Sales

174

59

194.9%

New Listings

106

88

20.5%

Pending Inventory

197

90

118.9%

Inventory (Active Listings)

419

525

-20.2%

Months Supply of Inventory

6.1

7.1

-14.1%

Closed Sales

Percent Change Year-over-Year

418 130 48 34 79 69 58 72 62 86 67 68 53 70

-7.9% 85.7% -48.9% -67.3% -15.1% 46.8% 26.1% 26.3% 0.0% 13.2% -23.0% -20.9% -17.2% -35.8%

Summary Statistics Closed Sales Paid in Cash

Dollar Volume Median Percent of Original List Price Received

Closed Sales

Month Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

2019

140

Closed 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 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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County Month

Cash Sales

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.

2017

Percent Change Year-over-Year

156 58 19 11 22 27 19 31 22 42 30 24 16 22

-23.2% 163.6% -56.8% -76.6% -56.0% 17.4% 11.8% 14.8% -29.0% 27.3% -31.8% -35.1% -30.4% -50.0%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of Closed Sales during the month in which buyers exclusively paid in cash

2016

Cash Sales

2018

2019

70

Cash Sales

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 M J

Month

Cash Sales as a Percentage of Closed 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

2017

Percent Change Year-over-Year

37.3% 44.6% 39.6% 32.4% 27.8% 39.1% 32.8% 43.1% 35.5% 48.8% 44.8% 35.3% 30.2% 31.4%

-16.6% 42.0% -15.4% -28.3% -48.3% -20.0% -11.4% -9.1% -29.0% 12.4% -11.5% -17.9% -15.9% -22.3%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The percentage of Closed Sales during the month which were Cash Sales

2016

Percent of Closed Sales Paid in Cash

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County Month

Median Sale Price

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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

2016

2017

2018

Percent Change Year-over-Year

$363,000 $353,500 $387,500 $360,750 $373,000 $380,000 $356,250 $392,500 $384,950 $375,000 $465,000 $345,700 $312,000 $360,000

4.3% -1.8% 11.0% 8.5% 11.3% 2.2% -1.9% 20.6% 15.9% 1.1% -19.8% -8.4% -10.1% 2.9%

2019

$700K $600K $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 M J

Month

Average Sale Price

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

Average Sale Price

Median Sale Price

2017

2018

Average Sale Price

Percent Change Year-over-Year

$489,760 $515,147 $460,580 $453,356 $497,146 $514,112 $439,318 $547,325 $545,900 $531,703 $685,209 $541,101 $410,270 $473,549

2.9% 8.8% 0.4% -8.5% 17.5% -19.8% 7.0% 30.6% 13.4% -34.0% -36.8% 5.8% -17.4% -3.0%

2019

$1200K $1000K $800K $600K

$400K $200K $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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County Month

Dollar Volume

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

Dollar Volume

Percent Change Year-over-Year

$204.7 Million $67.0 Million $22.1 Million $15.4 Million $39.3 Million $35.5 Million $25.5 Million $39.4 Million $33.8 Million $45.7 Million $45.9 Million $36.8 Million $21.7 Million $33.1 Million

-5.3% 102.0% -48.7% -70.1% -0.2% 17.7% 34.9% 65.0% 13.4% -25.3% -51.3% -16.4% -31.6% -37.7%

2019

$100 M

Dollar Volume

$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 M J

Month

Median Percent of Original List Price Received

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

2017

Percent Change Year-over-Year

95.6% 95.5% 95.5% 97.3% 96.1% 95.7% 94.5% 95.6% 95.6% 94.9% 95.5% 94.9% 94.2% 95.8%

0.7% -0.3% 0.4% 3.5% 1.5% 0.7% -0.7% 1.2% 1.1% -2.0% -0.7% 0.1% -1.7% 0.0%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The median of the sale price (as a percentage of the original list price) across all properties selling during the month

2016

Med. Pct. of Orig.

List Price Received

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton 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.

2016

2017

Median Time to Contract

Percent Change Year-over-Year

74 Days 89 Days 70 Days 27 Days 57 Days 65 Days 77 Days 92 Days 100 Days 88 Days 59 Days 88 Days 59 Days 81 Days

-3.9% 9.9% 1.4% -54.2% -51.3% -16.7% -22.2% -11.5% 23.5% 225.9% 31.1% -2.2% -3.3% 55.8%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

2018

2019

Median Time to Contract

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 M J

Month

Median Time to Sale 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

2017

Percent Change Year-over-Year

104 Days 117 Days 105 Days 72 Days 99 Days 90 Days 123 Days 143 Days 155 Days 144 Days 134 Days 129 Days 107 Days 113 Days

-1.9% 3.5% 10.5% -19.1% -29.8% -18.2% 0.8% 2.9% 38.4% 67.4% -16.8% 12.2% 15.1% 22.8%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The median number of days between the listing date and closing date for all Closed Sales during the month

2016

Median Time to Sale

2018

2019

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County Month

New Pending Sales

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.

2017

Percent Change Year-over-Year

532 174 131 35 37 68 87 54 53 72 71 78 55 59

6.6% 194.9% 44.0% -66.0% -60.6% -20.0% 29.9% 25.6% -27.4% 56.5% 26.8% -6.0% -31.3% -31.4%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of listed properties that went under contract during the month

2016

New Pending Sales

2018

2019

Pending Sales

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 M J

Month

New Listings

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.

2017

Percent Change Year-over-Year

615 106 141 61 116 93 98 67 87 75 74 86 92 88

-4.9% 20.5% 31.8% -46.0% 14.9% -17.0% -22.2% 31.4% 14.5% 5.6% -18.7% -22.5% -8.9% 1.1%

Year-to-Date June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

The number of properties put onto the market during the month

2016

New Listings

2018

2019

New Listings

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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton County Month

Inventory (Active Listings)

YTD (Monthly Avg) June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

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.

2016

2017

2018

Inventory

Percent Change Year-over-Year

479 419 514 521 514 442 462 464 491 481 499 515 541 525

-8.1% -20.2% 1.8% 1.0% 0.4% -17.2% -13.2% -5.7% -5.8% -9.6% -6.7% -5.5% -0.2% -1.5%

2019

700 600

Inventory

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 M J

Month

Months Supply of Inventory 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

2017

Percent Change Year-over-Year

7.0 6.1 8.1 7.7 7.0 5.9 6.3 6.5 7.0 6.8 7.2 7.2 7.4 7.1

2.9% -14.1% 22.7% 14.9% 4.5% -14.5% -6.0% 6.6% 12.9% 6.2% 10.8% 7.5% 8.8% 7.6%

YTD (Monthly Avg) June 2020 May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019

An estimate of the number of months it will take to deplete the current Inventory given recent sales rates

2016

Months Supply

2018

2019

12.0 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 M J

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton 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.

June 2019

45 40 35 30 25 20 15 10 5 0 Less than $50,000

$50,000 $99,999

Less than $50,000

0

N/A

$50,000 - $99,999

0

N/A

$100,000 - $149,999

6

200.0%

$150,000 - $199,999

11

120.0%

$200,000 - $249,999

14

55.6%

$250,000 - $299,999

8

0.0%

$300,000 - $399,999

39

116.7%

$400,000 - $599,999

20

17.6%

$600,000 - $999,999

19

171.4%

$1,000,000 or more

13

225.0%

$100,000 $149,999

$150,000 $199,999

45 40 35 30 25 20 15 10 5 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.

June 2019

$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

(No Sales)

N/A

$50,000 - $99,999

(No Sales)

N/A

$100,000 - $149,999

79 Days

-91.9%

$150,000 - $199,999

132 Days

-30.2%

$200,000 - $249,999

77 Days

97.4%

$250,000 - $299,999

77 Days

-34.2%

$300,000 - $399,999

56 Days

-3.4%

$400,000 - $599,999

77 Days

-14.4%

$600,000 - $999,999

94 Days

25.3%

$1,000,000 or more

225 Days

144.6%

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

June 2020

Median Time to Contract by Sale Price

1,200

Closed Sales

Sale Price

June 2020

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Market Detail - June 2020 Townhouses and Condos Walton 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

June 2019

New Listings

Percent Change Year-over-Year

Less than $50,000

1

N/A

$50,000 - $99,999

0

N/A

$100,000 - $149,999

3

N/A

$150,000 - $199,999

6

50.0%

$200,000 - $249,999

10

-16.7%

$250,000 - $299,999

7

0.0%

$300,000 - $399,999

38

90.0%

$400,000 - $599,999

21

50.0%

$600,000 - $999,999

11

-31.3%

$1,000,000 or more

9

-40.0%

June 2020

40 35 30 25 20 15 10 5 0

40 35 30 25 20 15 10 5 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.

June 2019

120

$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

1

N/A

$50,000 - $99,999

0

N/A

$100,000 - $149,999

20

-4.8%

$150,000 - $199,999

9

-74.3%

$200,000 - $249,999

20

-56.5%

$250,000 - $299,999

33

22.2%

$300,000 - $399,999

92

-7.1%

$400,000 - $599,999

96

-7.7%

$600,000 - $999,999

82

-13.7%

$1,000,000 or more

66

-32.7%

Current Listing Price

Inventory by Current Listing Price

Inventory

Initial Listing Price

June 2020

120

100

100

80

80

60

60

40

40

20

20

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.

Monthly Distressed Market - June 2020 Townhouses and Condos Walton County

Closed Sales

June 2020

June 2019

Percent Change Year-over-Year

130

69

88.4%

$353,500

$360,000

-1.8%

0

1

-100.0%

(No Sales)

$250,000

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

2016

2017

Traditional

2018

Foreclosure/REO

2019

Short Sale

100%

Closed Sales

98%

96% 94% 92% 90% 88% 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 $1400K

$1200K

Median Sale Price

$1000K $800K $600K $400K $200K $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 M J

2016

2017

2018

2019

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 Wednesday, July 22, 2020. Next data release is Friday, August 21, 2020.