Monthly Market Detail - May 2020 Single Family Homes Walton County May 2020
May 2019
Percent Change Year-over-Year
215
301
-28.6%
50
78
-35.9%
Median Sale Price
$460,000
$508,782
-9.6%
Average Sale Price
$817,577
$732,615
11.6%
$175.8 Million
$220.5 Million
-20.3%
97.5%
96.9%
0.6%
Median Time to Contract
47 Days
54 Days
-13.0%
Median Time to Sale
115 Days
116 Days
-0.9%
New Pending Sales
419
292
43.5%
New Listings
412
362
13.8%
Pending Inventory
583
552
5.6%
Inventory (Active Listings)
1,259
1,397
-9.9%
Months Supply of Inventory
5.2
6.1
-14.8%
Closed Sales
Percent Change Year-over-Year
1,085 215 191 274 210 195 268 244 224 231 293 256 303 301
-8.8% -28.6% -26.3% 8.7% 12.3% 2.1% 34.0% 16.7% 15.5% 1.8% 36.3% 2.8% 20.2% 3.4%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
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 M A M
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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
242 50 38 63 46 45 65 60 56 52 79 60 71 78
-22.7% -35.9% -42.4% -1.6% -11.5% -15.1% 75.7% 11.1% 5.7% 20.9% 54.9% -6.3% 20.3% 2.6%
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
The number of Closed Sales during the month in which buyers exclusively paid in cash
2016
Cash Sales
2018
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 M A M
Month
Cash Sales as a Percentage of Closed Sales
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
22.3% 23.3% 19.9% 23.0% 21.9% 23.1% 24.3% 24.6% 25.0% 22.5% 27.0% 23.4% 23.4% 25.9%
-15.2% -10.0% -22.0% -9.4% -21.2% -16.6% 31.4% -4.7% -8.4% 19.0% 13.9% -8.9% 0.0% -0.8%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Single Family Homes Walton County Month
Median Sale Price
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$453,400 $460,000 $415,000 $507,500 $443,275 $450,000 $483,750 $471,000 $410,895 $435,230 $472,500 $434,868 $449,900 $508,782
3.4% -9.6% -6.7% 18.5% 17.0% 11.4% 16.4% -1.5% -2.9% 10.1% 2.7% 8.7% 7.4% 8.9%
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
Month
Average Sale Price
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$774,595 $817,577 $741,192 $790,986 $687,110 $831,105 $772,330 $698,681 $654,009 $616,199 $706,724 $720,845 $700,456 $732,615
14.3% 11.6% 6.1% 17.1% -1.0% 51.7% 31.2% -2.6% -21.3% -1.7% 4.9% -1.9% -5.8% 7.2%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Single Family Homes Walton County Month
Dollar Volume
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$840.4 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 $220.5 Million
4.3% -20.3% -21.8% 27.3% 11.2% 54.8% 75.8% 13.7% -9.1% 0.0% 43.0% 0.8% 13.3% 10.8%
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 M A M
Month
Median Percent of Original List Price Received
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
97.7% 97.5% 97.7% 97.3% 97.8% 98.8% 97.4% 97.8% 97.7% 98.1% 97.3% 97.4% 97.9% 96.9%
0.6% 0.6% 0.7% 0.2% 0.2% 1.4% -0.4% 1.1% 2.4% 0.9% 1.4% 1.4% 1.1% -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 M A M
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Single Family Homes Walton County Month
Median Time to Contract
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Median Time to Contract
Percent Change Year-over-Year
54 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 54 Days
-23.9% -13.0% -39.7% -34.1% 27.4% -28.6% -41.3% -43.2% -33.3% -40.0% -16.4% -12.9% -19.4% -5.3%
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
Month
Median Time to Sale
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Median Time to Sale
Percent Change Year-over-Year
129 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 116 Days
-7.2% -0.9% -5.2% -20.8% 7.7% -2.1% -19.7% -9.4% -3.1% -27.1% -6.9% -4.5% -4.3% -4.1%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Single Family Homes Walton County Month
New Pending Sales
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
New Pending Sales
Percent Change Year-over-Year
1,261 419 216 132 254 240 183 210 288 228 262 305 282 292
-7.8% 43.5% -32.3% -56.1% 3.7% 14.3% 0.5% 4.5% 35.2% 3.6% 6.5% 31.5% 4.8% 4.7%
2019
Pending Sales
500 400 300 200 100 0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
Month
New Listings
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
New Listings
Percent Change Year-over-Year
1,645 412 281 357 286 309 164 283 315 300 351 324 293 362
-4.4% 13.8% -27.2% -8.7% -6.8% 12.4% -11.4% 8.8% 29.1% 2.0% 22.3% 16.1% 2.1% -3.5%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Single Family Homes Walton County Month
Inventory (Active Listings)
YTD (Monthly Avg) May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
1,280 1,259 1,345 1,312 1,204 1,280 1,239 1,362 1,353 1,389 1,366 1,323 1,335 1,397
-3.7% -9.9% -0.6% -2.0% -6.7% 0.9% -0.9% 4.4% 3.5% 1.5% -0.5% -3.0% -4.3% -2.6%
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 M A M
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 5.2 5.4 5.1 4.8 5.1 4.9 5.6 5.6 5.8 5.7 5.7 5.7 6.1
-15.3% -14.8% -10.0% -15.0% -15.8% -10.5% -12.5% -5.1% -5.1% -6.5% -9.5% -8.1% -9.5% -4.7%
YTD (Monthly Avg) May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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. May 2019
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
5
150.0%
$50,000 - $99,999
2
-33.3%
$100,000 - $149,999
3
-40.0%
$150,000 - $199,999
6
-25.0%
$200,000 - $249,999
17
-32.0%
$250,000 - $299,999
22
10.0%
$300,000 - $399,999
36
-20.0%
$400,000 - $599,999
43
-42.7%
$600,000 - $999,999
41
-31.7%
$1,000,000 or more
40
-31.0%
May 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
16 Days
14.3%
$50,000 - $99,999
24 Days
-93.2%
$100,000 - $149,999
37 Days
-19.6%
$150,000 - $199,999
65 Days
-43.5%
$200,000 - $249,999
12 Days
-52.0%
$250,000 - $299,999
45 Days
-28.6%
$300,000 - $399,999
54 Days
-28.0%
$400,000 - $599,999
29 Days
-38.3%
$600,000 - $999,999
73 Days
-43.8%
$1,000,000 or more
108 Days
134.8%
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
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
May 2020
Median Time to Contract by Sale Price
400 350 300 250 200 150 100 50 0
Closed Sales
Sale Price
May 2020
$100,000 $149,999
$150,000 $199,999
400 350 300 250 200 150 100 50 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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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
May 2019
Initial Listing Price
New Listings
Percent Change Year-over-Year
Less than $50,000
0
-100.0%
$50,000 - $99,999
3
50.0%
$100,000 - $149,999
4
-55.6%
$150,000 - $199,999
12
-7.7%
$200,000 - $249,999
15
-48.3%
$250,000 - $299,999
34
61.9%
$300,000 - $399,999
51
13.3%
$400,000 - $599,999
81
14.1%
$600,000 - $999,999
89
9.9%
$1,000,000 or more
123
38.2%
May 2020
140
140
120
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
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. May 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
1
-66.7%
$50,000 - $99,999
7
250.0%
$100,000 - $149,999
11
-21.4%
$150,000 - $199,999
44
100.0%
$200,000 - $249,999
24
-54.7%
$250,000 - $299,999
55
-9.8%
$300,000 - $399,999
93
-40.8%
$400,000 - $599,999
230
-4.2%
$600,000 - $999,999
330
1.9%
$1,000,000 or more
464
-10.9%
Current Listing Price
Inventory by Current Listing Price
600
$300,000 $399,999
May 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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Distressed Market - May 2020 Single Family Homes Walton County
Closed Sales
May 2020
May 2019
Percent Change Year-over-Year
212
300
-29.3%
$462,373
$511,891
-9.7%
2
0
N/A
$306,233
(No Sales)
N/A
1
1
0.0%
$340,000
$186,000
82.8%
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 $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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County May 2020
May 2019
Percent Change Year-over-Year
48
94
-48.9%
19
44
-56.8%
Median Sale Price
$387,500
$349,000
11.0%
Average Sale Price
$460,580
$458,680
0.4%
$22.1 Million
$43.1 Million
-48.7%
95.5%
95.1%
0.4%
Median Time to Contract
70 Days
69 Days
1.4%
Median Time to Sale
105 Days
95 Days
10.5%
New Pending Sales
131
91
44.0%
New Listings
141
107
31.8%
Pending Inventory
148
103
43.7%
Inventory (Active Listings)
514
505
1.8%
Months Supply of Inventory
8.1
6.6
22.7%
Closed Sales
Percent Change Year-over-Year
288 48 34 79 69 58 72 62 86 67 68 53 70 94
-25.0% -48.9% -67.3% -15.1% 46.8% 26.1% 26.3% 0.0% 13.2% -23.0% -20.9% -17.2% -35.8% 3.3%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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
98 19 11 22 27 19 31 22 42 30 24 16 22 44
-45.9% -56.8% -76.6% -56.0% 17.4% 11.8% 14.8% -29.0% 27.3% -31.8% -35.1% -30.4% -50.0% 29.4%
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
The number of Closed Sales during the month in which buyers exclusively paid in cash
2016
Cash Sales
2018
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 M A M
Month
Cash Sales as a Percentage of Closed Sales
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
34.0% 39.6% 32.4% 27.8% 39.1% 32.8% 43.1% 35.5% 48.8% 44.8% 35.3% 30.2% 31.4% 46.8%
-27.8% -15.4% -28.3% -48.3% -20.0% -11.4% -9.1% -29.0% 12.4% -11.5% -17.9% -15.9% -22.3% 25.1%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County Month
Median Sale Price
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$367,750 $387,500 $360,750 $373,000 $380,000 $356,250 $392,500 $384,950 $375,000 $465,000 $345,700 $312,000 $360,000 $349,000
5.8% 11.0% 8.5% 11.3% 2.2% -1.9% 20.6% 15.9% 1.1% -19.8% -8.4% -10.1% 2.9% 5.8%
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
Month
Average Sale Price
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$478,301 $460,580 $453,356 $497,146 $514,112 $439,318 $547,325 $545,900 $531,703 $685,209 $541,101 $410,270 $473,549 $458,680
0.4% 0.4% -8.5% 17.5% -19.8% 7.0% 30.6% 13.4% -34.0% -36.8% 5.8% -17.4% -3.0% -4.3%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County Month
Dollar Volume
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
$137.8 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 $43.1 Million
-24.7% -48.7% -70.1% -0.2% 17.7% 34.9% 65.0% 13.4% -25.3% -51.3% -16.4% -31.6% -37.7% -1.2%
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
Month
Median Percent of Original List Price Received
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
95.7% 95.5% 97.3% 96.1% 95.7% 94.5% 95.6% 95.6% 94.9% 95.5% 94.9% 94.2% 95.8% 95.1%
1.1% 0.4% 3.5% 1.5% 0.7% -0.7% 1.2% 1.1% -2.0% -0.7% 0.1% -1.7% 0.0% -1.3%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County Month
Median Time to Contract
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Median Time to Contract
Percent Change Year-over-Year
61 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 69 Days
-19.7% 1.4% -54.2% -51.3% -16.7% -22.2% -11.5% 23.5% 225.9% 31.1% -2.2% -3.3% 55.8% 50.0%
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
Month
Median Time to Sale
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
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
2018
Median Time to Sale
Percent Change Year-over-Year
97 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 95 Days
-7.6% 10.5% -19.1% -29.8% -18.2% 0.8% 2.9% 38.4% 67.4% -16.8% 12.2% 15.1% 22.8% 23.4%
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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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
358 131 35 37 68 87 54 53 72 71 78 55 59 91
-18.6% 44.0% -66.0% -60.6% -20.0% 29.9% 25.6% -27.4% 56.5% 26.8% -6.0% -31.3% -31.4% -5.2%
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
The number of listed properties that went under contract during the month
2016
New Pending Sales
2018
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 M A M
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
509 141 61 116 93 98 67 87 75 74 86 92 88 107
-8.9% 31.8% -46.0% 14.9% -17.0% -22.2% 31.4% 14.5% 5.6% -18.7% -22.5% -8.9% 1.1% -17.7%
Year-to-Date May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County Month
Inventory (Active Listings)
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.
2017
Percent Change Year-over-Year
491 514 521 514 442 462 464 491 481 499 515 541 525 505
-5.6% 1.8% 1.0% 0.4% -17.2% -13.2% -5.7% -5.8% -9.6% -6.7% -5.5% -0.2% -1.5% -8.7%
YTD (Monthly Avg) May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 2019
The number of property listings active at the end of the month
2016
Inventory
2018
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
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 8.1 7.7 7.0 5.9 6.3 6.5 7.0 6.8 7.2 7.2 7.4 7.1 6.6
4.5% 22.7% 14.9% 4.5% -14.5% -6.0% 6.6% 12.9% 6.2% 10.8% 7.5% 8.8% 7.6% -4.3%
YTD (Monthly Avg) May 2020 April 2020 March 2020 February 2020 January 2020 December 2019 November 2019 October 2019 September 2019 August 2019 July 2019 June 2019 May 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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 2020 Townhouses and Condos Walton County
Closed Sales by Sale Price The number of sales transactions which closed during the month Economists' note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. May 2019
Closed Sales
30
Closed Sales
Percent Change Year-over-Year
Less than $50,000
0
N/A
$50,000 - $99,999
0
N/A
$100,000 - $149,999
3
-62.5%
$150,000 - $199,999
3
-57.1%
$200,000 - $249,999
2
-60.0%
$250,000 - $299,999
3
-80.0%
$300,000 - $399,999
17
-37.0%
$400,000 - $599,999
10
-41.2%
$600,000 - $999,999
6
-14.3%
$1,000,000 or more
4
-50.0%
Sale Price
May 2020
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 median number of days between the listing date and contract date for all Closed Sales during the month
Median Time to Contract
Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. May 2019
$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
574 Days
352.0%
$150,000 - $199,999
139 Days
-10.3%
$200,000 - $249,999
121 Days
656.3%
$250,000 - $299,999
61 Days
258.8%
$300,000 - $399,999
60 Days
9.1%
$400,000 - $599,999
84 Days
29.2%
$600,000 - $999,999
85 Days
-2.3%
$1,000,000 or more
95 Days
-44.1%
Sale Price
Median Time to Contract by Sale Price
700
$300,000 $399,999
May 2020
700
600
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Market Detail - May 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
May 2019
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
3
-40.0%
$150,000 - $199,999
9
12.5%
$200,000 - $249,999
14
100.0%
$250,000 - $299,999
11
175.0%
$300,000 - $399,999
34
36.0%
$400,000 - $599,999
29
45.0%
$600,000 - $999,999
29
61.1%
$1,000,000 or more
12
-40.0%
May 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. May 2019
140
$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
0
N/A
$50,000 - $99,999
0
N/A
$100,000 - $149,999
24
-7.7%
$150,000 - $199,999
16
-51.5%
$200,000 - $249,999
27
-43.8%
$250,000 - $299,999
42
55.6%
$300,000 - $399,999
97
3.2%
$400,000 - $599,999
127
23.3%
$600,000 - $999,999
99
16.5%
$1,000,000 or more
82
-7.9%
Current Listing Price
Inventory by Current Listing Price
Inventory
Initial Listing Price
May 2020
140
120
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.
Monthly Distressed Market - May 2020 Townhouses and Condos Walton County
Closed Sales
May 2020
May 2019
Percent Change Year-over-Year
48
93
-48.4%
$387,500
$350,000
10.7%
0
1
-100.0%
(No Sales)
$218,501
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 $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
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 Monday, June 22, 2020. Next data release is Wednesday, July 22, 2020.