Monthly Market Detail - August 2017

Single Family Homes

Okaloosa County
Percent Change
Summary Statistics August 2017 August 2016
Year-over-Year

Closed Sales 406 372 9.1%

Paid in Cash 58 68 -14.7%

Median Sale Price $225,000 $220,000 2.3%

Average Sale Price $275,048 $269,061 2.2%

Dollar Volume $111.7 Million $100.1 Million 11.6%

Median Percent of Original

98.1% 97.4% 0.7%
List Price Received

Median Time to Contract 37 Days 44 Days -15.9%

Median Time to Sale 78 Days 101 Days -22.8%

New Pending Sales 402 384 4.7%

New Listings 433 364 19.0%

Pending Inventory 621 636 -2.4%

Inventory (Active Listings) 1,146 1,331 -13.9%

Months Supply of Inventory 3.4 4.4 -22.7%

Percent Change
Closed Sales Month Closed Sales
Year-over-Year
August 2017 406 9.1%
The number of sales transactions which closed during July 2017 347 -2.3%
the month June 2017 470 18.4%
May 2017 443 20.7%
Economists' note : Closed Sales are one of the simplestyet most April 2017 332 -4.3%
importantindicators for the residential real estate market. When March 2017 352 13.5%
comparing Closed Sales across markets of different sizes, we February 2017 257 3.2%
recommend comparing the percent changes in sales rather than the January 2017 220 19.6%
number of sales. Closed Sales (and many other market metrics) are December 2016 297 4.6%
affected by seasonal cycles, so actual trends are more accurately November 2016 276 22.1%
represented by year-over-year changes (i.e. comparing a month's October 2016 313 22.3%
sales to the amount of sales in the same month in the previous year), September 2016 350 14.0%
rather than changes from one month to the next. August 2016 372 5.4%

2013 2014 2015 2016 2017

500

400
Closed Sales

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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Month Cash Sales
Cash Sales August 2017 58
Year-over-Year
-14.7%
The number of Closed Sales during the month in which July 2017 38 -20.8%
June 2017 66 6.5%
buyers exclusively paid in cash
May 2017 54 -15.6%
April 2017 55 -11.3%
March 2017 57 -5.0%
Economists' note : Cash Sales can be a useful indicator of the extent to February 2017 46 -9.8%
which investors are participating in the market. Why? Investors are 32 -30.4%
January 2017
far more likely to have the funds to purchase a home available up
December 2016 36 -32.1%
front, whereas the typical homebuyer requires a mortgage or some
November 2016 40 -29.8%
other form of financing. There are, of course, many possible
October 2016 37 -35.1%
exceptions, so this statistic should be interpreted with care.
September 2016 48 -22.6%
August 2016 68 4.6%

2013 2014 2015 2016 2017

100
80
Cash Sales

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

Percent of Closed Percent Change

Month
Cash Sales as a Percentage of Closed Sales Sales Paid in Cash Year-over-Year
August 2017 14.3% -21.9%
The percentage of Closed Sales during the month July 2017 11.0% -18.5%
which were Cash Sales June 2017 14.0% -10.3%
May 2017 12.2% -29.9%
April 2017 16.6% -7.3%
March 2017 16.2% -16.5%
February 2017 17.9% -12.7%
Economists' note : This statistic is simply another way of viewing 14.5% -42.0%
January 2017
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
December 2016 12.1% -35.3%
paid fully in cash) each month involved some sort of financing, such as
November 2016 14.5% -42.5%
mortgages, owner/seller financing, assumed loans, etc.
October 2016 11.8% -47.1%
September 2016 13.7% -32.2%
August 2016 18.3% -0.5%

2013 2014 2015 2016 2017

30%
Sales Paid in Cash

25%
Pct. of Closed

20%
15%
10%
5%
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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Month Median Sale Price
Median Sale Price August 2017 $225,000
Year-over-Year
2.3%
The median sale price reported for the month (i.e. 50% July 2017 $216,000 2.9%
June 2017 $227,925 3.4%
of sales were above and 50% of sales were below)
May 2017 $220,000 6.3%
April 2017 $228,808 14.0%
Economists' note : Median Sale Price is our preferred summary March 2017 $199,900 -0.1%
statistic for price activity because, unlike Average Sale Price, Median February 2017 $205,000 6.2%
Sale Price is not sensitive to high sale prices for small numbers of $199,250 12.6%
January 2017
homes that may not be characteristic of the market area. Keep in mind
December 2016 $197,000 2.3%
that median price trends over time are not always solely caused by
November 2016 $204,188 9.8%
changes in the general value of local real estate. Median sale price
October 2016 $209,900 23.5%
only reflects the values of the homes that sold each month, and the
September 2016 $206,500 15.4%
mix of the types of homes that sell can change over time.
August 2016 $220,000 15.8%

2013 2014 2015 2016 2017

$250K
Median Sale Price

$200K
$150K
$100K
$50K
$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

Percent Change
Average Sale Price Month Average Sale Price
Year-over-Year
August 2017 $275,048 2.2%
The average sale price reported for the month (i.e. July 2017 $255,702 -1.2%
total sales in dollars divided by the number of sales) June 2017 $300,361 8.7%
May 2017 $290,142 10.9%
April 2017 $276,288 9.3%
March 2017 $255,021 1.3%
Economists' note : Usually, we prefer Median Sale Price over Average February 2017 $254,969 -1.3%
Sale Price as a summary statistic for home prices. However, Average $291,744 13.0%
January 2017
Sale Price does have its usesparticularly when it is analyzed
December 2016 $250,441 2.9%
alongside the Median Sale Price. For one, the relative difference
November 2016 $293,692 21.8%
between the two statistics can provide some insight into the market
October 2016 $253,304 14.0%
for higher-end homes in an area.
September 2016 $256,834 8.7%
August 2016 $269,061 16.7%

2013 2014 2015 2016 2017

$400K
Average Sale

$300K
Price

$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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Month Dollar Volume
Dollar Volume August 2017 $111.7 Million
Year-over-Year
11.6%
The sum of the sale prices for all sales which closed July 2017 $88.7 Million -3.4%
June 2017 $141.2 Million 28.7%
during the month
May 2017 $128.5 Million 33.9%
Economists' note : Dollar Volume is simply the sum of all sale prices April 2017 $91.7 Million 4.6%
in a given time period, and can quickly be calculated by multiplying March 2017 $89.8 Million 15.0%
Closed Sales by Average Sale Price. It is a strong indicator of the February 2017 $65.5 Million 1.9%
health of the real estate industry in a market, and is of particular January 2017 $64.2 Million 35.0%
interest to real estate professionals, investors, analysts, and December 2016 $74.4 Million 7.6%
government agencies. Potential home sellers and home buyers, on the November 2016 $81.1 Million 48.8%
other hand, will likely be better served by paying attention to trends in October 2016 $79.3 Million 39.4%
the two components of Dollar Volume (i.e. sales and prices) September 2016 $89.9 Million 24.0%
individually. August 2016 $100.1 Million 23.0%

2013 2014 2015 2016 2017

$150 M
Dollar Volume

$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

Med. Pct. of Orig. List Percent Change

Month
Median Percent of Original List Price Received Price Received Year-over-Year
August 2017 98.1% 0.7%
The median of the sale price (as a percentage of the original list July 2017 98.2% 1.0%
price) across all properties selling during the month June 2017 98.4% 0.6%
May 2017 98.5% 1.2%
April 2017 98.6% 1.5%
Economists' note : The Median Percent of Original List Price Received March 2017 97.7% 0.6%
is useful as an indicator of market recovery, since it typically rises as February 2017 96.9% 1.0%
buyers realize that the market may be moving away from them and January 2017 96.3% 0.7%
they need to match the selling price (or better it) in order to get a December 2016 97.7% 1.6%
contract on the house. This is usually the last measure to indicate a November 2016 96.4% 1.5%
market has shifted from down to up, so it is what we would call a October 2016 96.9% 0.9%
lagging indicator. September 2016 97.1% 1.0%
August 2016 97.4% 1.4%

2013 2014 2015 2016 2017

120%
Med. Pct. of Orig.

100%
Received
List Price

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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Median Time to Percent Change
Month
Median Time to Contract August 2017
Contract
37 Days
Year-over-Year
-15.9%
The median number of days between the listing date July 2017 32 Days -27.3%
June 2017 29 Days -25.6%
and contract date for all Closed Sales during the month
May 2017 28 Days -30.0%
April 2017 34 Days -38.2%
Economists' note : Like Time to Sale, Time to Contract is a measure of March 2017 59 Days 1.7%
the length of the home selling process calculated for sales which February 2017 71 Days -15.5%
closed during the month. The difference is that Time to Contract 64 Days -21.0%
January 2017
measures the number of days between the initial listing of a property
December 2016 58 Days 1.8%
and the signing of the contract which eventually led to the closing of
November 2016 61 Days -10.3%
the sale. When the gap between Median Time to Contract and Median
October 2016 48 Days -27.3%
Time to Sale grows, it is usually a sign of longer closing times and/or
September 2016 44 Days -18.5%
declining numbers of cash sales.
August 2016 44 Days -27.9%

2013 2014 2015 2016 2017

120
100
Median Time to

80
Contract

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

Percent Change
Median Time to Sale Month Median Time to Sale
Year-over-Year
August 2017 78 Days -22.8%
The median number of days between the listing date July 2017 81 Days -16.5%
and closing date for all Closed Sales during the month June 2017 75 Days -20.2%
May 2017 75 Days -15.7%
Economists' note : Time to Sale is a measure of the length of the home April 2017 85 Days -16.7%
selling process, calculated as the number of days between the initial March 2017 104 Days -4.6%
listing of a property and the closing of the sale. Median Time to Sale is February 2017 111 Days -25.0%
the amount of time the "middle" property selling this month was on January 2017 116 Days -5.7%
the market. That is, 50% of homes selling this month took less time to December 2016 111 Days -0.9%
sell, and 50% of homes took more time to sell. Median Time to Sale November 2016 114 Days -0.9%
gives a more accurate picture than Average Time to Sale, which can be October 2016 105 Days -9.5%
skewed upward by small numbers of properties taking an abnormally September 2016 98 Days -9.3%
long time to sell. August 2016 101 Days -2.9%

2013 2014 2015 2016 2017

200
Median Time to

150
Sale

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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Month New Pending Sales
New Pending Sales August 2017 402
Year-over-Year
4.7%
The number of listed properties that went under July 2017 408 5.7%
June 2017 404 6.6%
contract during the month
May 2017 458 15.4%
April 2017 502 23.0%
Economists' note : Because of the typical length of time it takes for a March 2017 398 -4.6%
sale to close, economists consider Pending Sales to be a decent February 2017 365 5.5%
indicator of potential future Closed Sales. It is important to bear in 358 12.2%
January 2017
mind, however, that not all Pending Sales will be closed successfully.
December 2016 228 -3.8%
So, the effectiveness of Pending Sales as a future indicator of Closed
November 2016 261 -0.8%
Sales is susceptible to changes in market conditions such as the
October 2016 262 -8.4%
availability of financing for homebuyers and the inventory of
September 2016 327 0.3%
distressed properties for sale.
August 2016 384 27.6%

2013 2014 2015 2016 2017

600
500
Pending Sales

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

Percent Change
New Listings Month New Listings
Year-over-Year
August 2017 433 19.0%
The number of properties put onto the market during July 2017 366 -12.6%
the month June 2017 461 6.0%
May 2017 490 11.6%
April 2017 464 -0.6%
Economists' note : New Listings tend to rise in delayed response to March 2017 503 5.9%
increasing prices, so they are often seen as a lagging indicator of February 2017 371 3.3%
market health. As prices rise, potential sellers raise their estimations 356 3.2%
January 2017
of valueand in the most recent cycle, rising prices have freed up
December 2016 253 8.6%
many potential sellers who were previously underwater on their
November 2016 310 22.5%
mortgages. Note that in our calculations, we take care to not include
October 2016 309 4.0%
properties that were recently taken off the market and quickly
September 2016 307 -8.4%
relisted, since these are not really new listings.
August 2016 364 3.7%

2013 2014 2015 2016 2017

600
500
New Listings

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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Month Inventory
Inventory (Active Listings) August 2017 1,146
Year-over-Year
-13.9%
The number of property listings active at the end of July 2017 1,152 -19.0%
June 2017 1,211 -15.9%
the month
May 2017 1,179 -20.3%
April 2017 1,162 -19.9%
Economists' note : There are a number of ways to define and March 2017 1,232 -11.8%
calculate Inventory. Our method is to simply count the number of February 2017 1,149 -16.4%
active listings on the last day of the month, and hold this number to 1,159 -16.6%
January 2017
compare with the same month the following year. Inventory rises
December 2016 1,142 -16.6%
when New Listings are outpacing the number of listings that go off-
November 2016 1,078 -24.6%
market (regardless of whether they actually sell). Likewise, it falls
October 2016 1,184 -22.5%
when New Listings aren't keeping up with the rate at which homes are
September 2016 1,259 -19.7%
going off-market.
August 2016 1,331 -18.1%

2013 2014 2015 2016 2017

2,000

1,500
Inventory

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

Percent Change
Months Supply of Inventory Month Months Supply
Year-over-Year
August 2017 3.4 -22.7%
An estimate of the number of months it will take to July 2017 3.4 -27.7%
deplete the current Inventory given recent sales rates June 2017 3.6 -25.0%
May 2017 3.6 -26.5%
Economists' note : MSI is a useful indicator of market conditions. The April 2017 3.6 -25.0%
benchmark for a balanced market (favoring neither buyer nor seller) March 2017 3.8 -19.1%
is 5.5 months of inventory. Anything higher is traditionally a buyers' February 2017 3.6 -21.7%
market, and anything lower is a sellers' market. There is no single January 2017 3.6 -23.4%
accepted way of calculating MSI. A common method is to divide December 2016 3.6 -21.7%
current Inventory by the most recent month's Closed Sales count, but November 2016 3.4 -29.2%
this count is a usually poor predictor of future Closed Sales due to October 2016 3.8 -25.5%
seasonal cycles. To eliminate seasonal effects, we use the 12-month September 2016 4.1 -21.2%
average of monthly Closed Sales instead. August 2016 4.4 -18.5%

2013 2014 2015 2016 2017

8.0
Months Supply of

6.0
Inventory

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

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Sale Price Closed Sales
Closed Sales by Sale Price Year-over-Year
Less than $50,000 2 -71.4%
The number of sales transactions which closed during $50,000 - $99,999 28 -24.3%
the month $100,000 - $149,999 49 -5.8%

Economists' note: Closed Sales are one of the simplestyet most $150,000 - $199,999 83 18.6%
importantindicators for the residential real estate market. When $200,000 - $249,999 81 47.3%
comparing Closed Sales across markets of different sizes, we
$250,000 - $299,999 51 -7.3%
recommend comparing the percent changes in sales rather than the
number of sales. Closed Sales (and many other market metrics) are $300,000 - $399,999 49 19.5%
affected by seasonal cycles, so actual trends are more accurately $400,000 - $599,999 39 25.8%
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 $600,000 - $999,999 17 0.0%
than changes from one month to the next. $1,000,000 or more 7 0.0%
August 2016 August 2017
90 90
80 80
70 70
Closed Sales

60 60
50 50
40 40
30 30
20 20
10 10
0 0
Less than $50,000 - $100,000 - $150,000 - $200,000 - $250,000 - $300,000 - $400,000 - $600,000 - $1,000,000 or
$50,000 $99,999 $149,999 $199,999 $249,999 $299,999 $399,999 $599,999 $999,999 more

Median Time to Percent Change

Sale Price
Median Time to Contract by Sale Price Contract Year-over-Year
Less than $50,000 55 Days 25.0%
The median number of days between the listing date
$50,000 - $99,999 55 Days 111.5%
and contract date for all Closed Sales during the month
$100,000 - $149,999 30 Days 42.9%
$150,000 - $199,999 24 Days -46.7%
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 $200,000 - $249,999 31 Days -18.4%
during the month. The difference is that Time to Contract measures $250,000 - $299,999 46 Days -24.6%
the number of days between the initial listing of a property and the
$300,000 - $399,999 29 Days -44.2%
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 $400,000 - $599,999 51 Days 13.3%
Sale grows, it is usually a sign of longer closing times and/or declining $600,000 - $999,999 89 Days -62.4%
numbers of cash sales.
$1,000,000 or more 22 Days -93.2%
August 2016 August 2017
Median Time to

350 350
300 300
Contract

250 250
200 200
150 150
100 100
50 50
0 0
Less than $50,000 - $100,000 - $150,000 - $200,000 - $250,000 - $300,000 - $400,000 - $600,000 - $1,000,000 or
$50,000 $99,999 $149,999 $199,999 $249,999 $299,999 $399,999 $599,999 $999,999 more

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Market Detail - August 2017
Single Family Homes
Okaloosa County
Percent Change
Initial Listing Price New Listings
New Listings by Initial Listing Price Year-over-Year
Less than $50,000 4 300.0%
The number of properties put onto the market during $50,000 - $99,999 27 42.1%
the month $100,000 - $149,999 59 -3.3%
$150,000 - $199,999 112 49.3%
Economists' note: New Listings tend to rise in delayed response to
increasing prices, so they are often seen as a lagging indicator of $200,000 - $249,999 62 3.3%
market health. As prices rise, potential sellers raise their estimations $250,000 - $299,999 49 11.4%
of valueand in the most recent cycle, rising prices have freed up
$300,000 - $399,999 56 16.7%
many potential sellers who were previously underwater on their
mortgages. Note that in our calculations, we take care to not include $400,000 - $599,999 35 12.9%
properties that were recently taken off the market and quickly relisted, $600,000 - $999,999 19 11.8%
since these are not really new listings.
$1,000,000 or more 10 25.0%
August 2016 August 2017
120 120
100 100
New Listings

80 80
60 60
40 40
20 20
0 0
Less than $50,000 - $100,000 - $150,000 - $200,000 - $250,000 - $300,000 - $400,000 - $600,000 - $1,000,000 or
$50,000 $99,999 $149,999 $199,999 $249,999 $299,999 $399,999 $599,999 $999,999 more

Percent Change
Current Listing Price Inventory
Inventory by Current Listing Price Year-over-Year
Less than $50,000 8 60.0%
The number of property listings active at the end of
$50,000 - $99,999 32 -34.7%
the month
$100,000 - $149,999 90 -30.2%
$150,000 - $199,999 169 -18.0%
Economists' note : There are a number of ways to define and calculate $200,000 - $249,999 166 -19.4%
Inventory. Our method is to simply count the number of active listings
$250,000 - $299,999 126 -29.2%
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 $300,000 - $399,999 153 7.0%
outpacing the number of listings that go off-market (regardless of $400,000 - $599,999 160 -5.3%
whether they actually sell). Likewise, it falls when New Listings aren't
keeping up with the rate at which homes are going off-market. $600,000 - $999,999 134 -4.3%
$1,000,000 or more 108 1.9%
August 2016 August 2017
250 250

200 200
Inventory

150 150

100 100

50 50

0 0
Less than $50,000 - $100,000 - $150,000 - $200,000 - $250,000 - $300,000 - $400,000 - $600,000 - $1,000,000 or
$50,000 $99,999 $149,999 $199,999 $249,999 $299,999 $399,999 $599,999 $999,999 more

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.
 Monthly Distressed Market - August 2017
Single Family Homes
Okaloosa County
Percent Change
August 2017 August 2016
Year-over-Year

Closed Sales 385 342 12.6%

Traditional
Median Sale Price $230,000 $226,600 1.5%

Closed Sales 17 22 -22.7%

Foreclosure/REO
Median Sale Price $125,000 $111,755 11.9%

Closed Sales 4 8 -50.0%

Short Sale
Median Sale Price $172,360 $110,500 56.0%

2013 2014 2015 2016 2017

Traditional Foreclosure/REO Short Sale

100%
90%
80%
70%
Closed Sales

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

$300,000

$250,000
Median Sale Price

$200,000

$150,000

$100,000

$50,000

$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

2013 2014 2015 2016 2017

Produced by Florida REALTORS with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Wednesday, September 20, 2017. Data revised on Monday, January 16, 2017. Next data release is Friday, October 20, 2017.