Monthly Market Detail - February 2020 Single Family Homes Walton County February 2020
February 2019
Percent Change Year-over-Year
210
187
12.3%
46
52
-11.5%
Median Sale Price
$443,275
$378,725
17.0%
Average Sale Price
$687,110
$693,790
-1.0%
$144.3 Million
$129.7 Million
11.2%
97.8%
97.6%
0.2%
Median Time to Contract
79 Days
62 Days
27.4%
Median Time to Sale
153 Days
142 Days
7.7%
New Pending Sales
254
245
3.7%
New Listings
286
307
-6.8%
Pending Inventory
335
482
-30.5%
Inventory (Active Listings)
1,204
1,290
-6.7%
Months Supply of Inventory
4.8
5.7
-15.8%
Closed Sales
Percent Change Year-over-Year
405 210 195 268 244 224 231 293 256 303 301 259 252 187
7.1% 12.3% 2.1% 34.0% 16.7% 15.5% 1.8% 36.3% 2.8% 20.2% 3.4% 11.6% 0.0% 3.9%
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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
2019
350
Closed 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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Single Family Homes Walton 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.
2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Cash Sales
Percent Change Year-over-Year
91 46 45 65 60 56 52 79 60 71 78 66 64 52
-13.3% -11.5% -15.1% 75.7% 11.1% 5.7% 20.9% 54.9% -6.3% 20.3% 2.6% 26.9% -1.5% -1.9%
2019
100
Cash Sales
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
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
2016
2017
Month Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
22.5% 21.9% 23.1% 24.3% 24.6% 25.0% 22.5% 27.0% 23.4% 23.4% 25.9% 25.5% 25.4% 27.8%
-19.1% -21.2% -16.6% 31.4% -4.7% -8.4% 19.0% 13.9% -8.9% 0.0% -0.8% 13.8% -1.6% -5.4%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Single Family Homes Walton 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
2016
2017
2018
Percent Change Year-over-Year
$449,375 $443,275 $450,000 $483,750 $471,000 $410,895 $435,230 $472,500 $434,868 $449,900 $508,782 $445,000 $428,250 $378,725
12.3% 17.0% 11.4% 16.4% -1.5% -2.9% 10.1% 2.7% 8.7% 7.4% 8.9% -1.1% -1.0% -5.3%
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
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.
2016
Average Sale Price
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019
Median Sale Price
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Average Sale Price
Percent Change Year-over-Year
$756,441 $687,110 $831,105 $772,330 $698,681 $654,009 $616,199 $706,724 $720,845 $700,456 $732,615 $698,832 $675,467 $693,790
22.0% -1.0% 51.7% 31.2% -2.6% -21.3% -1.7% 4.9% -1.9% -5.8% 7.2% -7.9% -1.5% 6.1%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Single Family Homes Walton 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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Dollar Volume
Percent Change Year-over-Year
$306.4 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 $220.5 Million $181.0 Million $170.2 Million $129.7 Million
30.7% 11.2% 54.8% 75.8% 13.7% -9.1% 0.0% 43.0% 0.8% 13.3% 10.8% 2.9% -1.5% 10.2%
2019
$250 M
Dollar Volume
$200 M $150 M $100 M $50 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
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
2016
2017
Month Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
98.3% 97.8% 98.8% 97.4% 97.8% 97.7% 98.1% 97.3% 97.4% 97.9% 96.9% 97.0% 97.1% 97.6%
0.9% 0.2% 1.4% -0.4% 1.1% 2.4% 0.9% 1.4% 1.4% 1.1% -0.6% 0.2% 0.2% 0.8%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Median Time to Contract
Percent Change Year-over-Year
70 Days 79 Days 60 Days 47 Days 42 Days 46 Days 45 Days 46 Days 54 Days 50 Days 54 Days 63 Days 91 Days 62 Days
-1.4% 27.4% -28.6% -41.3% -43.2% -33.3% -40.0% -16.4% -12.9% -19.4% -5.3% -6.0% 26.4% -21.5%
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
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
2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Median Time to Sale
Percent Change Year-over-Year
146 Days 153 Days 141 Days 122 Days 116 Days 123 Days 113 Days 108 Days 107 Days 112 Days 116 Days 115 Days 168 Days 142 Days
2.1% 7.7% -2.1% -19.7% -9.4% -3.1% -27.1% -6.9% -4.5% -4.3% -4.1% -17.9% 31.3% -6.6%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Single Family Homes Walton 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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
New Pending Sales
Percent Change Year-over-Year
494 254 240 183 210 288 228 262 305 282 292 319 301 245
8.6% 3.7% 14.3% 0.5% 4.5% 35.2% 3.6% 6.5% 31.5% 4.8% 4.7% 9.2% -0.7% -1.2%
2019
350
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
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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
New Listings
Percent Change Year-over-Year
595 286 309 164 283 315 300 351 324 293 362 386 391 307
2.2% -6.8% 12.4% -11.4% 8.8% 29.1% 2.0% 22.3% 16.1% 2.1% -3.5% 4.9% 7.4% -6.7%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Single Family Homes Walton 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.
2016
2017
YTD (Monthly Avg) February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Inventory
Percent Change Year-over-Year
1,242 1,204 1,280 1,239 1,362 1,353 1,389 1,366 1,323 1,335 1,397 1,353 1,339 1,290
-2.9% -6.7% 0.9% -0.9% 4.4% 3.5% 1.5% -0.5% -3.0% -4.3% -2.6% -2.0% -0.4% -0.6%
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
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
2016
2017
YTD (Monthly Avg) February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Months Supply
Percent Change Year-over-Year
5.0 4.8 5.1 4.9 5.6 5.6 5.8 5.7 5.7 5.7 6.1 6.0 6.0 5.7
-12.3% -15.8% -10.5% -12.5% -5.1% -5.1% -6.5% -9.5% -8.1% -9.5% -4.7% -3.2% -3.2% -3.4%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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. February 2019
50 45 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
Median Time to Contract
1
-75.0%
$50,000 - $99,999
5
150.0%
$100,000 - $149,999
4
33.3%
$150,000 - $199,999
16
23.1%
$200,000 - $249,999
14
-39.1%
$250,000 - $299,999
15
-31.8%
$300,000 - $399,999
36
20.0%
$400,000 - $599,999
45
25.0%
$600,000 - $999,999
36
44.0%
$1,000,000 or more
38
31.0%
February 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
12 Days
-86.0%
$50,000 - $99,999
44 Days
-10.2%
$100,000 - $149,999
112 Days
14.3%
$150,000 - $199,999
90 Days
26.8%
$200,000 - $249,999
83 Days
822.2%
$250,000 - $299,999
21 Days
-71.2%
$300,000 - $399,999
77 Days
175.0%
$400,000 - $599,999
58 Days
-43.1%
$600,000 - $999,999
74 Days
-47.5%
$1,000,000 or more
155 Days
26.0%
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
50 45 40 35 30 25 20 15 10 5 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
February 2020
Median Time to Contract by Sale Price
180 160 140 120 100 80 60 40 20 0
Closed Sales
Sale Price
February 2020
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
180 160 140 120 100 80 60 40 20 0 $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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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
February 2019
New Listings
Percent Change Year-over-Year
Less than $50,000
1
0.0%
$50,000 - $99,999
2
0.0%
$100,000 - $149,999
4
-20.0%
$150,000 - $199,999
6
-72.7%
$200,000 - $249,999
10
-37.5%
$250,000 - $299,999
16
-23.8%
$300,000 - $399,999
49
22.5%
$400,000 - $599,999
67
13.6%
$600,000 - $999,999
61
7.0%
$1,000,000 or more
70
-16.7%
February 2020
90 80 70 60 50 40 30 20 10 0
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. February 2019
500 450 400 350 300 250 200 150 100 50 0 Less than $50,000
$50,000 $99,999
$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
2
0.0%
$50,000 - $99,999
8
-38.5%
$100,000 - $149,999
11
-26.7%
$150,000 - $199,999
38
22.6%
$200,000 - $249,999
26
-57.4%
$250,000 - $299,999
38
-35.6%
$300,000 - $399,999
117
-15.2%
$400,000 - $599,999
214
-7.8%
$600,000 - $999,999
297
3.8%
$1,000,000 or more
453
0.0%
Current Listing Price
Inventory by Current Listing Price
Inventory
Initial Listing Price
February 2020
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
500 450 400 350 300 250 200 150 100 50 0 $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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Distressed Market - February 2020 Single Family Homes Walton County
Closed Sales
February 2020
February 2019
Percent Change Year-over-Year
208
186
11.8%
$447,925
$380,000
17.9%
2
1
100.0%
$198,500
$260,000
-23.7%
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 $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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton County February 2020
February 2019
Percent Change Year-over-Year
69
47
46.8%
27
23
17.4%
Median Sale Price
$380,000
$372,000
2.2%
Average Sale Price
$514,112
$641,436
-19.8%
$35.5 Million
$30.1 Million
17.7%
95.7%
95.0%
0.7%
Median Time to Contract
65 Days
78 Days
-16.7%
Median Time to Sale
90 Days
110 Days
-18.2%
New Pending Sales
68
85
-20.0%
New Listings
93
112
-17.0%
Pending Inventory
91
116
-21.6%
Inventory (Active Listings)
442
534
-17.2%
Months Supply of Inventory
5.9
6.9
-14.5%
Closed Sales
Percent Change Year-over-Year
127 69 58 72 62 86 67 68 53 70 94 104 93 47
36.6% 46.8% 26.1% 26.3% 0.0% 13.2% -23.0% -20.9% -17.2% -35.8% 3.3% 3.0% -11.4% -30.9%
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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
2019
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton 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.
2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Cash Sales
Percent Change Year-over-Year
46 27 19 31 22 42 30 24 16 22 44 47 50 23
15.0% 17.4% 11.8% 14.8% -29.0% 27.3% -31.8% -35.1% -30.4% -50.0% 29.4% 14.6% 22.0% -39.5%
2019
60
Cash Sales
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
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
2016
2017
Month Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
36.2% 39.1% 32.8% 43.1% 35.5% 48.8% 44.8% 35.3% 30.2% 31.4% 46.8% 45.2% 53.8% 48.9%
-15.8% -20.0% -11.4% -9.1% -29.0% 12.4% -11.5% -17.9% -15.9% -22.3% 25.1% 11.3% 37.9% -12.5%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton 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
2016
2017
2018
Percent Change Year-over-Year
$360,000 $380,000 $356,250 $392,500 $384,950 $375,000 $465,000 $345,700 $312,000 $360,000 $349,000 $332,500 $335,000 $372,000
-1.4% 2.2% -1.9% 20.6% 15.9% 1.1% -19.8% -8.4% -10.1% 2.9% 5.8% -4.7% -12.5% -3.5%
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
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.
2016
Average Sale Price
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019
Median Sale Price
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Average Sale Price
Percent Change Year-over-Year
$479,954 $514,112 $439,318 $547,325 $545,900 $531,703 $685,209 $541,101 $410,270 $473,549 $458,680 $495,526 $423,048 $641,436
-9.0% -19.8% 7.0% 30.6% 13.4% -34.0% -36.8% 5.8% -17.4% -3.0% -4.3% 13.1% -26.0% 30.5%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton 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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Dollar Volume
Percent Change Year-over-Year
$61.0 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 $43.1 Million $51.5 Million $39.3 Million $30.1 Million
24.3% 17.7% 34.9% 65.0% 13.4% -25.3% -51.3% -16.4% -31.6% -37.7% -1.2% 16.5% -34.5% -9.8%
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
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
2016
2017
Month Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
95.2% 95.7% 94.5% 95.6% 95.6% 94.9% 95.5% 94.9% 94.2% 95.8% 95.1% 94.0% 94.7% 95.0%
0.1% 0.7% -0.7% 1.2% 1.1% -2.0% -0.7% 0.1% -1.7% 0.0% -1.3% -1.3% -0.6% 0.6%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Median Time to Contract
Percent Change Year-over-Year
67 Days 65 Days 77 Days 92 Days 100 Days 88 Days 59 Days 88 Days 59 Days 81 Days 69 Days 59 Days 117 Days 78 Days
-18.3% -16.7% -22.2% -11.5% 23.5% 225.9% 31.1% -2.2% -3.3% 55.8% 50.0% 5.4% 14.7% -15.2%
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
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
2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Median Time to Sale
Percent Change Year-over-Year
102 Days 90 Days 123 Days 143 Days 155 Days 144 Days 134 Days 129 Days 107 Days 113 Days 95 Days 89 Days 141 Days 110 Days
-13.6% -18.2% 0.8% 2.9% 38.4% 67.4% -16.8% 12.2% 15.1% 22.8% 23.4% -3.3% 4.4% -1.8%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton 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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
New Pending Sales
Percent Change Year-over-Year
155 68 87 54 53 72 71 78 55 59 91 103 94 85
2.0% -20.0% 29.9% 25.6% -27.4% 56.5% 26.8% -6.0% -31.3% -31.4% -5.2% 12.0% -23.6% -4.5%
2019
140
Pending 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
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. 2016
2017
Year-to-Date February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
New Listings
Percent Change Year-over-Year
191 93 98 67 87 75 74 86 92 88 107 113 101 112
-19.7% -17.0% -22.2% 31.4% 14.5% 5.6% -18.7% -22.5% -8.9% 1.1% -17.7% 11.9% -42.0% 7.7%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 2020 Townhouses and Condos Walton 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.
2016
2017
YTD (Monthly Avg) February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Inventory
Percent Change Year-over-Year
452 442 462 464 491 481 499 515 541 525 505 516 512 534
-15.2% -17.2% -13.2% -5.7% -5.8% -9.6% -6.7% -5.5% -0.2% -1.5% -8.7% -2.3% -6.2% 4.7%
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
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
2016
2017
YTD (Monthly Avg) February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 2018
Months Supply
Percent Change Year-over-Year
6.1 5.9 6.3 6.5 7.0 6.8 7.2 7.2 7.4 7.1 6.6 6.7 6.7 6.9
-10.3% -14.5% -6.0% 6.6% 12.9% 6.2% 10.8% 7.5% 8.8% 7.6% -4.3% 1.5% -5.6% 3.0%
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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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. February 2019
16 14 12 10 8 6 4 2 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
N/A
$50,000 - $99,999
0
N/A
$100,000 - $149,999
5
150.0%
$150,000 - $199,999
1
-80.0%
$200,000 - $249,999
11
175.0%
$250,000 - $299,999
8
100.0%
$300,000 - $399,999
15
7.1%
$400,000 - $599,999
12
100.0%
$600,000 - $999,999
8
100.0%
$1,000,000 or more
9
12.5%
February 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
13 Days
-72.9%
$150,000 - $199,999
105 Days
28.0%
$200,000 - $249,999
58 Days
-22.7%
$250,000 - $299,999
112 Days
-34.5%
$300,000 - $399,999
52 Days
67.7%
$400,000 - $599,999
125 Days
1150.0%
$600,000 - $999,999
177 Days
0.6%
$1,000,000 or more
75 Days
-32.4%
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
16 14 12 10 8 6 4 2 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
February 2020
Median Time to Contract by Sale Price
200 180 160 140 120 100 80 60 40 20 0
Closed Sales
Sale Price
February 2020
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
200 180 160 140 120 100 80 60 40 20 0 $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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Market Detail - February 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
February 2019
Initial Listing Price
New Listings
Percent Change Year-over-Year
Less than $50,000
0
N/A
$50,000 - $99,999
0
N/A
$100,000 - $149,999
4
33.3%
$150,000 - $199,999
4
-60.0%
$200,000 - $249,999
8
14.3%
$250,000 - $299,999
9
-25.0%
$300,000 - $399,999
16
-44.8%
$400,000 - $599,999
26
-3.7%
$600,000 - $999,999
13
-13.3%
$1,000,000 or more
13
44.4%
February 2020
35
35
30
30
25
25
20
20
15
15
10
10
5
5
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. February 2019
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
0
N/A
$100,000 - $149,999
16
-40.7%
$150,000 - $199,999
17
-63.8%
$200,000 - $249,999
21
-54.3%
$250,000 - $299,999
31
-13.9%
$300,000 - $399,999
91
-18.0%
$400,000 - $599,999
92
-15.6%
$600,000 - $999,999
88
11.4%
$1,000,000 or more
86
8.9%
Current Listing Price
Inventory by Current Listing Price
120
$300,000 $399,999
February 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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.
Monthly Distressed Market - February 2020 Townhouses and Condos Walton County
Closed Sales
February 2020
February 2019
Percent Change Year-over-Year
68
46
47.8%
$380,000
$376,000
1.1%
1
1
0.0%
$265,000
$343,875
-22.9%
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 $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
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 Friday, March 20, 2020. Next data release is Tuesday, April 21, 2020.