Page 2 - Walton_County_Townhouses_and_Condos_2017-Q2_Detail_Neat

Quarterly Market Detail - Q2 2017
Townhouses and Condos

Walton County

Percent Change
Cash Sales Quarter Cash Sales Year-over-Year
Q2 2017 104 4.0%
The number of Closed Sales during the quarter in Q1 2017 91 35.8%
which buyers exclusively paid in cash Q4 2016 82 -2.4%
Q3 2016 84 -11.6%
Q2 2016 100 -27.5%
Q1 2016 67 -21.2%
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are Q4 2015 84 -14.3%
far more likely to have the funds to purchase a home available up front, Q3 2015 95 6.7%
whereas the typical homebuyer requires a mortgage or some other Q2 2015 138 17.9%
form of financing. There are, of course, many possible exceptions, so Q1 2015 85 6.3%
this statistic should be interpreted with care. Q4 2014 98 1.0%
Q3 2014 89 -24.6%
Q2 2014 117 -1.7%

2013 2014 2015 2016
150

Cash Sales 100

50

0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2

Percent of Closed Percent Change
Cash Sales as a Percentage of Closed Sales Quarter Sales Paid in Cash Year-over-Year
Q2 2017 40.3% -2.9%
The percentage of Closed Sales during the quarter Q1 2017 39.7% -4.1%
which were Cash Sales Q4 2016 39.0% -16.5%
Q3 2016 42.9% 3.9%
Q2 2016 41.5% -10.2%
Q1 2016 41.4% 3.2%
Q4 2015 46.7% -1.9%
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not Q3 2015 41.3% -4.0%
paid fully in cash) each quarter involved some sort of financing, such Q2 2015 46.2% -11.5%
as mortgages, owner/seller financing, assumed loans, etc. Q1 2015 40.1% -8.2%
Q4 2014 47.6% 3.5%
Q3 2014 43.0% -8.9%
Q2 2014 52.2% 7.0%

2013 2014 2015 2016
60%
50%
Pct. of Closed Sales Paid in Cash 40%
30%
20%
10%
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.