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Quarterly Market Detail - Q2 2017
Townhouses and Condos
Walton County
Percent Change
Summary Statistics Q2 2017 Q2 2016
Year-over-Year
Closed Sales 258 241 7.1%
Paid in Cash 104 100 4.0%
Median Sale Price $344,450 $320,000 7.6%
Average Sale Price $476,258 $427,179 11.5%
Dollar Volume $122.9 Million $103.0 Million 19.4%
Median Percent of Original
94.8% 94.6% 0.2%
List Price Received
Median Time to Contract 71 Days 103 Days -31.1%
Median Time to Sale 112 Days 146 Days -23.3%
New Pending Sales 265 265 0.0%
New Listings 323 311 3.9%
Pending Inventory 119 133 -10.5%
Inventory (Active Listings) 600 655 -8.4%
Months Supply of Inventory 8.1 9.7 -16.5%
Percent Change
Closed Sales Quarter Closed Sales Year-over-Year
Q2 2017 258 7.1%
The number of sales transactions which closed during Q1 2017 229 41.4%
the quarter Q4 2016 210 16.7%
Q3 2016 196 -14.8%
Economists' note : Closed Sales are one of the simplest—yet most Q2 2016 241 -19.4%
important—indicators for the residential real estate market. When Q1 2016 162 -23.6%
comparing Closed Sales across markets of different sizes, we Q4 2015 180 -12.6%
recommend comparing the percent changes in sales rather than the Q3 2015 230 11.1%
number of sales. Closed Sales (and many other market metrics) are Q2 2015 299 33.5%
affected by seasonal cycles, so actual trends are more accurately Q1 2015 212 15.8%
represented by year-over-year changes (i.e. comparing a quarter's Q4 2014 206 -2.4%
sales to the amount of sales in the same quarter in the previous year), Q3 2014 207 -17.2%
rather than changes from one quarter to the next. Q2 2014 224 -8.2%
2013 2014 2015 2016
400
Closed Sales 200
300
100
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
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, August 9, 2017. Next quarterly data release is Thursday, November 2, 2017.