Monthly Market Detail - October 2019 Single Family Homes Walton County October 2019
October 2018
Percent Change Year-over-Year
224
194
15.5%
56
53
5.7%
Median Sale Price
$410,895
$423,250
-2.9%
Average Sale Price
$654,009
$830,938
-21.3%
$146.5 Million
$161.2 Million
-9.1%
97.7%
95.4%
2.4%
Median Time to Contract
49 Days
69 Days
-29.0%
Median Time to Sale
123 Days
127 Days
-3.1%
New Pending Sales
288
213
35.2%
New Listings
315
244
29.1%
Pending Inventory
604
461
31.0%
Inventory (Active Listings)
1,353
1,307
3.5%
Months Supply of Inventory
5.6
5.9
-5.1%
Closed Sales
Percent Change Year-over-Year
2,497 224 231 293 256 303 301 259 252 187 191 200 209 194
10.7% 15.5% 1.8% 36.3% 2.8% 20.2% 3.4% 11.6% 0.0% 3.9% 16.5% -4.8% 18.8% 2.1%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month
The number of sales transactions which closed during the month Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. 2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
2019
350
Closed Sales
300 250 200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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.
2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Cash Sales
Percent Change Year-over-Year
631 56 52 79 60 71 78 66 64 52 53 37 54 53
13.9% 5.7% 20.9% 54.9% -6.3% 20.3% 2.6% 26.9% -1.5% -1.9% 39.5% -5.1% -1.8% -1.9%
2018
2019
100
Cash Sales
80 60 40 20 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales
Economists' note : This statistic is simply another way of viewing Cash Sales. The remaining percentages of Closed Sales (i.e. those not paid fully in cash) each month involved some sort of financing, such as mortgages, owner/seller financing, assumed loans, etc.
Pct. of Closed Sales Paid in Cash
2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
25.3% 25.0% 22.5% 27.0% 23.4% 23.4% 25.9% 25.5% 25.4% 27.8% 27.7% 18.5% 25.8% 27.3%
2.8% -8.4% 19.0% 13.9% -8.9% 0.0% -0.8% 13.8% -1.6% -5.4% 19.4% -0.5% -17.6% -3.9% 2019
40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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
2015
2016
2017
Percent Change Year-over-Year
$440,000 $410,895 $435,230 $472,500 $434,868 $449,900 $508,782 $445,000 $428,250 $378,725 $404,050 $415,500 $478,389 $423,250
2.3% -2.9% 10.1% 2.7% 8.7% 7.4% 8.9% -1.1% -1.0% -5.3% 0.6% -9.2% 6.2% -5.0%
2018
2019
$600K $500K $400K $300K $200K $100K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists' note : Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area.
2015
Average Sale Price
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
Median Sale Price
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Average Sale Price
Percent Change Year-over-Year
$680,345 $654,009 $616,199 $706,724 $720,845 $700,456 $732,615 $698,832 $675,467 $693,790 $547,993 $588,585 $717,177 $830,938
-4.0% -21.3% -1.7% 4.9% -1.9% -5.8% 7.2% -7.9% -1.5% 6.1% -22.1% -9.3% 11.1% 24.5% 2019
$1000K $800K $600K $400K $200K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Dollar Volume
Percent Change Year-over-Year
$1.7 Billion $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 $104.7 Million $117.7 Million $149.9 Million $161.2 Million
6.2% -9.1% 0.0% 43.0% 0.8% 13.3% 10.8% 2.9% -1.5% 10.2% -9.3% -13.6% 31.9% 27.1%
2018
2019
$250 M
Dollar Volume
$200 M $150 M $100 M $50 M $0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Median Percent of Original List Price Received The median of the sale price (as a percentage of the original list price) across all properties selling during the month Economists' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery, since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price (or better it) in order to get a contract on the house. This is usually the last measure to indicate a market has shifted from down to up, so it is what we would call a lagging indicator.
Med. Pct. of Orig. List Price Received
2015
2016
2017
Month Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
97.4% 97.7% 98.1% 97.3% 97.4% 97.9% 96.9% 97.0% 97.1% 97.6% 97.4% 97.8% 96.7% 95.4%
0.6% 2.4% 0.9% 1.4% 1.4% 1.1% -0.6% 0.2% 0.2% 0.8% 0.7% 1.2% 1.2% -1.5% 2019
120% 100% 80% 60%
40% 20% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Median Time to Contract
Percent Change Year-over-Year
57 Days 49 Days 45 Days 46 Days 54 Days 50 Days 54 Days 63 Days 91 Days 62 Days 84 Days 80 Days 74 Days 69 Days
-16.2% -29.0% -40.0% -16.4% -12.9% -19.4% -5.3% -6.0% 26.4% -21.5% 50.0% -14.9% -20.4% -5.5%
2018
2019
Median Time to Contract
200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Median Time to Sale The median number of days between the listing date and closing date for all Closed Sales during the month Economists' note : Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the "middle" property selling this month was on the market. That is, 50% of homes selling this month took less time to sell, and 50% of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Median Time to Sale
2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Median Time to Sale
Percent Change Year-over-Year
119 Days 123 Days 113 Days 108 Days 107 Days 112 Days 116 Days 115 Days 168 Days 142 Days 144 Days 152 Days 128 Days 127 Days
-9.2% -3.1% -27.1% -6.9% -4.5% -4.3% -4.1% -17.9% 31.3% -6.6% -5.3% -5.0% -23.4% -17.0% 2019
250 200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
New Pending Sales
Percent Change Year-over-Year
2,732 288 228 262 305 282 292 319 301 245 210 182 201 213
7.6% 35.2% 3.6% 6.5% 31.5% 4.8% 4.7% 9.2% -0.7% -1.2% -11.0% 19.7% -6.1% 2.9%
2018
2019
350
Pending Sales
300 250 200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
New Listings The number of properties put onto the market during the month Economists' note : New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings. 2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
New Listings
Percent Change Year-over-Year
3,304 315 300 351 324 293 362 386 391 307 275 185 260 244
5.5% 29.1% 2.0% 22.3% 16.1% 2.1% -3.5% 4.9% 7.4% -6.7% -9.5% -7.0% 15.0% -9.6% 2019
New Listings
500 400 300 200 100 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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.
2015
2016
YTD (Monthly Avg) October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Inventory
Percent Change Year-over-Year
1,341 1,353 1,389 1,366 1,323 1,335 1,397 1,353 1,339 1,290 1,268 1,250 1,305 1,307
-0.7% 3.5% 1.5% -0.5% -3.0% -4.3% -2.6% -2.0% -0.4% -0.6% 2.6% 2.4% 3.5% 0.1%
2018
2019
2,000
Inventory
1,500 1,000 500 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates Economists' note : MSI is a useful indicator of market conditions. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers' market, and anything lower is a sellers' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month's Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Months Supply of Inventory
2015
2016
2017
YTD (Monthly Avg) October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Months Supply
Percent Change Year-over-Year
5.8 5.6 5.8 5.7 5.7 5.7 6.1 6.0 6.0 5.7 5.7 5.6 5.9 5.9
-4.9% -5.1% -6.5% -9.5% -8.1% -9.5% -4.7% -3.2% -3.2% -3.4% 0.0% -1.8% 0.0% -3.3% 2019
10.0 8.0 6.0 4.0 2.0 0.0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. October 2018
50 45 40 35 30 25 20 15 10 5 0 Less than $50,000
$50,000 $99,999
Less than $50,000
0
-100.0%
$50,000 - $99,999
1
-83.3%
$100,000 - $149,999
7
250.0%
$150,000 - $199,999
9
125.0%
$200,000 - $249,999
30
66.7%
$250,000 - $299,999
20
-4.8%
$300,000 - $399,999
43
4.9%
$400,000 - $599,999
45
18.4%
$600,000 - $999,999
41
51.9%
$1,000,000 or more
28
-22.2%
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
50 45 40 35 30 25 20 15 10 5 0 $250,000 $299,999
Economists' note : Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and/or declining numbers of cash sales. October 2018
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more Median Time to Contract
Percent Change Year-over-Year
Less than $50,000
(No Sales)
N/A
$50,000 - $99,999
0 Days
-100.0%
$100,000 - $149,999
16 Days
-89.5%
$150,000 - $199,999
16 Days
-27.3%
$200,000 - $249,999
15 Days
-44.4%
$250,000 - $299,999
17 Days
-77.3%
$300,000 - $399,999
72 Days
10.8%
$400,000 - $599,999
62 Days
-15.1%
$600,000 - $999,999
95 Days
-18.8%
$1,000,000 or more
53 Days
-44.8%
Sale Price
The median number of days between the listing date and contract date for all Closed Sales during the month
Median Time to Contract
Percent Change Year-over-Year
October 2019
Median Time to Contract by Sale Price
250
Closed Sales
Sale Price
October 2019
250
200
200
150
150
100
100
50
50
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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
October 2018
New Listings
Percent Change Year-over-Year
Less than $50,000
0
-100.0%
$50,000 - $99,999
7
133.3%
$100,000 - $149,999
3
-50.0%
$150,000 - $199,999
16
77.8%
$200,000 - $249,999
13
-31.6%
$250,000 - $299,999
27
3.8%
$300,000 - $399,999
45
40.6%
$400,000 - $599,999
64
28.0%
$600,000 - $999,999
75
59.6%
$1,000,000 or more
65
30.0%
October 2019
80 70 60 50 40 30 20 10 0
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. October 2018
600
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Inventory
Percent Change Year-over-Year
Less than $50,000
0
-100.0%
$50,000 - $99,999
12
-14.3%
$100,000 - $149,999
18
-48.6%
$150,000 - $199,999
27
-3.6%
$200,000 - $249,999
41
-38.8%
$250,000 - $299,999
64
-13.5%
$300,000 - $399,999
126
-16.0%
$400,000 - $599,999
224
-13.2%
$600,000 - $999,999
322
14.2%
$1,000,000 or more
519
30.7%
Current Listing Price
Inventory by Current Listing Price
Inventory
Initial Listing Price
October 2019
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Distressed Market - October 2019 Single Family Homes Walton County
Closed Sales
October 2019
October 2018
Percent Change Year-over-Year
224
191
17.3%
$410,895
$425,777
-3.5%
0
3
-100.0%
(No Sales)
$226,800
N/A
0
0
N/A
(No Sales)
(No Sales)
N/A
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2015
2016
Traditional
2017
Foreclosure/REO
2018
2019
Short Sale
100%
Closed Sales
95%
90%
85%
80%
75% J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O $1400K
$1200K
Median Sale Price
$1000K $800K $600K $400K $200K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
2015
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 Townhouses and Condos Walton County October 2019
October 2018
Percent Change Year-over-Year
86
76
13.2%
42
33
27.3%
Median Sale Price
$375,000
$371,000
1.1%
Average Sale Price
$531,703
$805,283
-34.0%
$45.7 Million
$61.2 Million
-25.3%
94.9%
96.8%
-2.0%
Median Time to Contract
88 Days
27 Days
225.9%
Median Time to Sale
144 Days
86 Days
67.4%
New Pending Sales
72
46
56.5%
New Listings
75
71
5.6%
Pending Inventory
89
61
45.9%
Inventory (Active Listings)
481
532
-9.6%
Months Supply of Inventory
6.8
6.4
6.2%
Closed Sales
Percent Change Year-over-Year
728 86 67 68 53 70 94 104 93 47 46 57 62 76
-14.9% 13.2% -23.0% -20.9% -17.2% -35.8% 3.3% 3.0% -11.4% -30.9% -32.4% -36.0% 24.0% 4.1%
Summary Statistics Closed Sales Paid in Cash
Dollar Volume Median Percent of Original List Price Received
Closed Sales
Month
The number of sales transactions which closed during the month Economists' note : Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes (i.e. comparing a month's sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next. 2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
2019
Closed Sales
120 100 80 60
40 20 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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.
2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Cash Sales
Percent Change Year-over-Year
315 42 30 24 16 22 44 47 50 23 17 27 31 33
-15.1% 27.3% -31.8% -35.1% -30.4% -50.0% 29.4% 14.6% 22.0% -39.5% -52.8% -20.6% 63.2% 0.0%
2018
2019
60
Cash Sales
50 40 30 20 10 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales
Economists' note : This statistic is simply another way of viewing Cash Sales. The remaining percentages of Closed Sales (i.e. those not paid fully in cash) each month involved some sort of financing, such as mortgages, owner/seller financing, assumed loans, etc.
Pct. of Closed Sales Paid in Cash
2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Percent of Closed Sales Paid in Cash
Percent Change Year-over-Year
43.3% 48.8% 44.8% 35.3% 30.2% 31.4% 46.8% 45.2% 53.8% 48.9% 37.0% 47.4% 50.0% 43.4%
-0.2% 12.4% -11.5% -17.9% -15.9% -22.3% 25.1% 11.3% 37.9% -12.5% -30.1% 24.1% 31.6% -4.0% 2019
70% 60% 50% 40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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
2015
2016
2017
Percent Change Year-over-Year
$354,000 $375,000 $465,000 $345,700 $312,000 $360,000 $349,000 $332,500 $335,000 $372,000 $363,000 $325,500 $332,200 $371,000
-5.6% 1.1% -19.8% -8.4% -10.1% 2.9% 5.8% -4.7% -12.5% -3.5% -4.1% -2.5% 6.3% 19.9%
2018
2019
$700K $600K $500K $400K $300K $200K $100K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales) Economists' note : Usually, we prefer Median Sale Price over Average Sale Price as a summary statistic for home prices. However, Average Sale Price does have its uses—particularly when it is analyzed alongside the Median Sale Price. For one, the relative difference between the two statistics can provide some insight into the market for higher-end homes in an area.
2015
Average Sale Price
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
Median Sale Price
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Average Sale Price
Percent Change Year-over-Year
$503,225 $531,703 $685,209 $541,101 $410,270 $473,549 $458,680 $495,526 $423,048 $641,436 $410,509 $418,995 $481,383 $805,283
-15.0% -34.0% -36.8% 5.8% -17.4% -3.0% -4.3% 13.1% -26.0% 30.5% -30.4% -14.2% 3.8% 100.4% 2019
$1200K $1000K $800K $600K
$400K $200K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Dollar Volume
Percent Change Year-over-Year
$366.3 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 $18.9 Million $23.9 Million $29.8 Million $61.2 Million
-27.6% -25.3% -51.3% -16.4% -31.6% -37.7% -1.2% 16.5% -34.5% -9.8% -52.9% -45.1% 28.7% 108.7%
2018
2019
$100 M
Dollar Volume
$80 M $60 M $40 M $20 M $0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Median Percent of Original List Price Received The median of the sale price (as a percentage of the original list price) across all properties selling during the month Economists' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery, since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price (or better it) in order to get a contract on the house. This is usually the last measure to indicate a market has shifted from down to up, so it is what we would call a lagging indicator.
Med. Pct. of Orig. List Price Received
2015
2016
2017
Month Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Med. Pct. of Orig. List Price Received
Percent Change Year-over-Year
95.0% 94.9% 95.5% 94.9% 94.2% 95.8% 95.1% 94.0% 94.7% 95.0% 95.2% 94.5% 94.6% 96.8%
-0.7% -2.0% -0.7% 0.1% -1.7% 0.0% -1.3% -1.3% -0.6% 0.6% 1.4% -0.3% -0.3% 3.0% 2019
120% 100% 80% 60%
40% 20% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Median Time to Contract
Percent Change Year-over-Year
77 Days 88 Days 59 Days 88 Days 59 Days 81 Days 69 Days 59 Days 117 Days 78 Days 99 Days 104 Days 81 Days 27 Days
26.2% 225.9% 31.1% -2.2% -3.3% 55.8% 50.0% 5.4% 14.7% -15.2% 17.9% 1.0% -24.3% -69.7%
2018
2019
Median Time to Contract
200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Median Time to Sale The median number of days between the listing date and closing date for all Closed Sales during the month Economists' note : Time to Sale is a measure of the length of the home selling process, calculated as the number of days between the initial listing of a property and the closing of the sale. Median Time to Sale is the amount of time the "middle" property selling this month was on the market. That is, 50% of homes selling this month took less time to sell, and 50% of homes took more time to sell. Median Time to Sale gives a more accurate picture than Average Time to Sale, which can be skewed upward by small numbers of properties taking an abnormally long time to sell.
Median Time to Sale
2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Median Time to Sale
Percent Change Year-over-Year
113 Days 144 Days 134 Days 129 Days 107 Days 113 Days 95 Days 89 Days 141 Days 110 Days 122 Days 139 Days 112 Days 86 Days
7.6% 67.4% -16.8% 12.2% 15.1% 22.8% 23.4% -3.3% 4.4% -1.8% -15.9% -6.7% -9.7% -31.7% 2019
250 200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. 2015
2016
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
New Pending Sales
Percent Change Year-over-Year
775 72 71 78 55 59 91 103 94 85 67 43 73 46
-8.2% 56.5% 26.8% -6.0% -31.3% -31.4% -5.2% 12.0% -23.6% -4.5% -28.0% -21.8% 0.0% -48.9%
2018
2019
140
Pending Sales
120 100 80 60 40 20 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
New Listings The number of properties put onto the market during the month Economists' note : New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include properties that were recently taken off the market and quickly relisted, since these are not really new listings. 2015
2016
2017
Year-to-Date October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
New Listings
Percent Change Year-over-Year
974 75 74 86 92 88 107 113 101 112 126 51 76 71
-10.0% 5.6% -18.7% -22.5% -8.9% 1.1% -17.7% 11.9% -42.0% 7.7% 12.5% -12.1% -11.6% -9.0% 2019
New Listings
200 150 100 50 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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.
2015
2016
YTD (Monthly Avg) October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018
2017
Inventory
Percent Change Year-over-Year
516 481 499 515 541 525 505 516 512 534 532 492 521 532
-3.2% -9.6% -6.7% -5.5% -0.2% -1.5% -8.7% -2.3% -6.2% 4.7% 4.7% -3.7% -4.8% -2.6%
2018
2019
700 600
Inventory
500 400 300 200 100 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
Month
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates Economists' note : MSI is a useful indicator of market conditions. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers' market, and anything lower is a sellers' market. There is no single accepted way of calculating MSI. A common method is to divide current Inventory by the most recent month's Closed Sales count, but this count is a usually poor predictor of future Closed Sales due to seasonal cycles. To eliminate seasonal effects, we use the 12-month average of monthly Closed Sales instead.
Months Supply of Inventory
2015
2016
2017
YTD (Monthly Avg) October 2019 September 2019 August 2019 July 2019 June 2019 May 2019 April 2019 March 2019 February 2019 January 2019 December 2018 November 2018 October 2018 2018
Months Supply
Percent Change Year-over-Year
6.9 6.8 7.2 7.2 7.4 7.1 6.6 6.7 6.7 6.9 6.7 6.1 6.2 6.4
3.0% 6.2% 10.8% 7.5% 8.8% 7.6% -4.3% 1.5% -5.6% 3.0% 1.5% -9.0% -16.2% -11.1% 2019
12.0 10.0 8.0 6.0
4.0 2.0 0.0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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. October 2018
Closed Sales
25
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
50.0%
$150,000 - $199,999
8
166.7%
$200,000 - $249,999
9
0.0%
$250,000 - $299,999
7
-36.4%
$300,000 - $399,999
22
29.4%
$400,000 - $599,999
19
111.1%
$600,000 - $999,999
8
0.0%
$1,000,000 or more
10
-41.2%
Sale Price
October 2019
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. October 2018
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more Median Time to Contract
Percent Change Year-over-Year
Less than $50,000
(No Sales)
N/A
$50,000 - $99,999
(No Sales)
N/A
$100,000 - $149,999
298 Days
45.4%
$150,000 - $199,999
188 Days
102.2%
$200,000 - $249,999
37 Days
208.3%
$250,000 - $299,999
40 Days
-75.6%
$300,000 - $399,999
67 Days
219.0%
$400,000 - $599,999
111 Days
88.1%
$600,000 - $999,999
103 Days
472.2%
$1,000,000 or more
97 Days
273.1%
Sale Price
Median Time to Contract by Sale Price
350
$300,000 $399,999
October 2019
350
300
300
250
250
200
200
150
150
100
100
50
50
0
0 Less than $50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Produced by Florida RealtorsÂŽ with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Market Detail - October 2019 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
October 2018
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
0
-100.0%
$150,000 - $199,999
4
-33.3%
$200,000 - $249,999
10
42.9%
$250,000 - $299,999
6
50.0%
$300,000 - $399,999
20
81.8%
$400,000 - $599,999
10
-47.4%
$600,000 - $999,999
10
0.0%
$1,000,000 or more
15
87.5%
October 2019
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. October 2018
Inventory
$400,000 $599,999
$600,000 - $1,000,000 or $999,999 more
Inventory
Percent Change Year-over-Year
Less than $50,000
0
N/A
$50,000 - $99,999
0
N/A
$100,000 - $149,999
15
-46.4%
$150,000 - $199,999
22
-63.3%
$200,000 - $249,999
36
-42.9%
$250,000 - $299,999
31
-6.1%
$300,000 - $399,999
108
-2.7%
$400,000 - $599,999
89
-13.6%
$600,000 - $999,999
94
49.2%
$1,000,000 or more
86
21.1%
Current Listing Price
Inventory by Current Listing Price
120
$300,000 $399,999
October 2019
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.
Monthly Distressed Market - October 2019 Townhouses and Condos Walton County
Closed Sales
October 2019
October 2018
Percent Change Year-over-Year
86
76
13.2%
$375,000
$371,000
1.1%
0
0
N/A
(No Sales)
(No Sales)
N/A
0
0
N/A
(No Sales)
(No Sales)
N/A
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2015
2016
Traditional
2017
Foreclosure/REO
2018
2019
Short Sale
100% 90%
Closed Sales
80% 70% 60% 50% 40% 30% 20% 10% 0% J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O $1400K
$1200K
Median Sale Price
$1000K $800K $600K $400K $200K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O
2015
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 Thursday, November 21, 2019. Next data release is Thursday, December 19, 2019.