March 2013 Townhome and Condo Market Summary

New Listings
Inventory
Monthly Market Detail - March 2013
Townhouses and Condos
Bay County Association of REALTORS®
This report describes member activity for the association and is not confined to any specific geographic area.
New Listings by Initial Listing Price
The number of properties put onto the market during
the month
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
25
20
15
10
5
0
Less than
$50,000
$50,000 -
$99,999
$100,000 -
$149,999
$150,000 -
$199,999
$200,000 -
$249,999
Inventory by Current Listing Price
The number of property listings active at the end of
the month
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting 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.
180
160
140
120
100
80
60
40
20
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
$250,000 -
$299,999
Initial Listing Price New Listings
$50,000 - $99,999 18 -10.0%
$100,000 - $149,999 17 -10.5%
$150,000 - $199,999 22 -40.5%
$200,000 - $249,999 23 -11.5%
$250,000 - $299,999 17 0.0%
$300,000 - $399,999 21 23.5%
$400,000 - $599,999 21 200.0%
$600,000 - $999,999 1 -85.7%
$1,000,000 or more 0 N/A
Current Listing Price Inventory
$50,000 - $99,999 96 -24.4%
$100,000 - $149,999 96 -38.9%
$150,000 - $199,999 159 -26.4%
$200,000 - $249,999 99 -29.8%
$250,000 - $299,999 89 -36.9%
$300,000 - $399,999 127 -14.2%
$400,000 - $599,999 95 -10.4%
$600,000 - $999,999 29 -3.3%
$1,000,000 or more 3 -40.0%
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 Monday, April 22, 2013. Next data release is Wednesday, May 22, 2013.
Percent Change
Year-over-Year
Less than $50,000 0 -100.0%
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
Percent Change
Year-over-Year
Less than $50,000 3 -66.7%
$300,000 -
$399,999
$400,000 -
$599,999
$600,000 -
$999,999
$1,000,000 or
more
25
20
15
10
5
0
180
160
140
120
100
80
60
40
20
0