If you need assistance, please call 850-814-8588

May Market Report

Tuesday, June 9, 2020   /   by Nathan Lawrence

May Market Report

Summary Statistics
May-20 May-19 % Chg 2020 YTD 2019 YTD % Chg
Absorption Rate 4.7 4.54 3.52 4.55 4.41 3.17
Average List Price $369,559 $380,052 -2.76 $314,377 $311,345 0.97
Median List Price $279,500 $285,000 -1.93 $250,000 $248,000 0.81
Average Sale Price $236,291 $236,447 -0.07 $251,728 $230,977 8.98
Median Sale Price $224,999 $205,000 9.76 $228,800 $206,500 10.80
Average CDOM 77 68 13.24 70 71 -1.41
Median CDOM 44 20 120.00 35 23 52.17



Sold Listings
This Month Year to Date
2020 2019 % Chg 2020 2019 % Chg
0-29,999 13 10 30.0 56 68 -17.6
30,000-39,999 9 14 -35.7 36 53 -32.1
40,000-49,999 5 17 -70.6 32 70 -54.3
50,000-59,999 9 14 -35.7 48 57 -15.8
60,000-69,999 7 11 -36.4 43 62 -30.6
70,000-79,999 6 12 -50.0 31 78 -60.3
80,000-89,999 7 17 -58.8 39 57 -31.6
90,000-99,999 5 12 -58.3 32 54 -40.7
100,000-119,999 23 22 4.5 107 110 -2.7
120,000-139,999 22 41 -46.3 124 163 -23.9
140,000-159,999 30 58 -48.3 141 195 -27.7
160,000-179,999 30 52 -42.3 155 188 -17.6
180,000-199,999 26 56 -53.6 161 218 -26.1
200,000-249,999 77 106 -27.4 429 490 -12.4
250,000-299,999 73 74 -1.4 371 340 9.1
300,000-399,999 80 110 -27.3 431 420 2.6
400,000-499,999 20 32 -37.5 131 136 -3.7
500,000+ 15 34 -55.9 121 125 -3.2
Totals 457 692 -34.0 2488 2884 -13.7

Pending Listings
This Month Year to Date
2020 2019 % Chg 2020 2019 % Chg
0-29,999 12 11 9.1 44 49 -10.2
30,000-39,999 5 9 -44.4 33 53 -37.7
40,000-49,999 7 12 -41.7 33 61 -45.9
50,000-59,999 11 13 -15.4 39 65 -40.0
60,000-69,999 13 9 44.4 42 58 -27.6
70,000-79,999 7 19 -63.2 47 96 -51.0
80,000-89,999 11 9 22.2 39 58 -32.8
90,000-99,999 17 19 -10.5 58 72 -19.4
100,000-119,999 24 26 -7.7 106 112 -5.4
120,000-139,999 31 37 -16.2 148 152 -2.6
140,000-159,999 36 48 -25.0 172 223 -22.9
160,000-179,999 59 46 28.3 189 185 2.2
180,000-199,999 54 41 31.7 211 241 -12.4
200,000-249,999 163 128 27.3 520 540 -3.7
250,000-299,999 115 91 26.4 427 410 4.1
300,000-399,999 155 102 52.0 518 502 3.2
400,000-499,999 43 37 16.2 157 191 -17.8
500,000+ 50 31 61.3 146 160 -8.7
Totals 813 688 18.2 2929 3228 -9.3

Active Listings
This Month Year to Date
2020 2019 % Chg 2020 2019 % Chg
0-29,999 6 15 -60.0 59 71 -16.9
30,000-39,999 9 24 -62.5 50 82 -39.0
40,000-49,999 16 22 -27.3 56 89 -37.1
50,000-59,999 22 26 -15.4 74 104 -28.8
60,000-69,999 29 28 3.6 85 104 -18.3
70,000-79,999 22 32 -31.2 91 147 -38.1
80,000-89,999 21 28 -25.0 70 102 -31.4
90,000-99,999 46 34 35.3 118 116 1.7
100,000-119,999 53 49 8.2 172 175 -1.7
120,000-139,999 92 81 13.6 262 261 0.4
140,000-159,999 103 90 14.4 300 328 -8.5
160,000-179,999 129 99 30.3 353 305 15.7
180,000-199,999 185 127 45.7 447 409 9.3
200,000-249,999 411 304 35.2 1031 881 17.0
250,000-299,999 355 341 4.1 874 830 5.3
300,000-399,999 523 444 17.8 1179 1072 10.0
400,000-499,999 249 202 23.3 476 468 1.7
500,000+ 415 407 2.0 682 664 2.7
Totals 2686 2353 14.2 6379 6208 2.8

New Listings
This Month Year to Date
2020 2019 % Chg 2020 2019 % Chg
0-29,999 10 14 -28.6 45 57 -21.1
30,000-39,999 7 12 -41.7 36 65 -44.6
40,000-49,999 1 7 -85.7 34 64 -46.9
50,000-59,999 7 15 -53.3 46 85 -45.9
60,000-69,999 11 14 -21.4 51 71 -28.2
70,000-79,999 11 19 -42.1 45 106 -57.5
80,000-89,999 9 7 28.6 42 71 -40.8
90,000-99,999 15 15 0.0 79 77 2.6
100,000-119,999 18 25 -28.0 114 124 -8.1
120,000-139,999 27 50 -46.0 159 184 -13.6
140,000-159,999 35 43 -18.6 189 239 -20.9
160,000-179,999 39 43 -9.3 216 207 4.3
180,000-199,999 56 56 0.0 278 289 -3.8
200,000-249,999 121 125 -3.2 666 638 4.4
250,000-299,999 92 132 -30.3 529 587 -9.9
300,000-399,999 151 151 0.0 685 668 2.5
400,000-499,999 53 70 -24.3 281 271 3.7
500,000+ 73 52 40.4 350 331 5.7
Totals 736 850 -13.4 3845 4134 -7.0




  bay county florida housing market, panama city beach real estate market report, panama city real estate market report

The Lawrence Group - Keller Williams Success Realty
7923 Panama City Beach Pkwy
Panama City Beach, FL 32407
850-814-8588

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated December 5, 2020

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of REALTORS® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Data last updated December 5, 2020
This site powered by CINC: www.cincpro.com