Here is the sales and inventory history for detached homes between Destin and Inlet Beach. Let me know if you need any further information.
We are slightly ahead of 2007 in total sales for January and February although the prices are down considerably. The next two months will be a good guide as to what will happen through the summer.
Sales and Inventory Report Category - Detached Single Family Statistics for Entire MLS from 1/1/2006 - 12/31/2008 Month Year Monthly Sales Avg List $ Avg Sale $ Avg DOM Discount Current Inventory Months Inventory January 2006 42 $944,555 $877,819 148.16 7.60% 1822 43.38 February 2006 49 $804,299 $756,378 129.93 6.33% 1930 39.38 March 2006 64 $795,214 $738,496 127.73 7.68% 2080 32.50 April 2006 42 $1,213,502 $1,084,967 130.33 11.84% 2315 55.11 May 2006 59 $821,216 $757,928 166.62 8.35% 2480 42.03 June 2006 60 $801,315 $717,626 140.91 11.66% 2571 42.85 July 2006 67 $882,432 $795,530 152.64 10.92% 2639 39.38 August 2006 58 $947,416 $893,224 151.72 6.06% 2585 44.56 September 2006 47 $1,104,089 $1,044,400 122.68 5.71% 2600 55.31 October 2006 54 $1,198,674 $1,085,905 150.01 10.38% 2504 46.37 November 2006 34 $890,405 $821,695 199.52 8.36% 2398 70.52 December 2006 41 $992,745 $908,699 176.07 9.24% 2354 57.41 Total: 617 $938,644 $863,154 138.18 8.68% 2356 47.40 Month Year Monthly Sales Avg List $ Avg Sale $ Avg DOM Discount Current Inventory Months Inventory January 2007 35 $986,548 $878,286 196.51 12.32% 2233 63.80 February 2007 45 $872,323 $755,832 217.13 15.41% 2311 51.35 March 2007 61 $927,461 $849,824 208.06 9.13% 2413 39.55 April 2007 66 $927,835 $851,846 176.06 8.92% 2526 38.27 May 2007 66 $973,392 $862,040 235.29 12.91% 2646 40.09 June 2007 74 $1,169,505 $1,051,423 192.72 11.23% 2695 36.41 July 2007 72 $991,276 $885,040 210.56 12.00% 2735 37.98 August 2007 66 $1,021,511 $905,199 215.36 12.84% 2708 41.03 September 2007 46 $864,355 $797,813 160.47 8.34% 2680 58.26 October 2007 49 $830,587 $749,496 209.86 10.81% 2578 52.61 November 2007 39 $1,011,455 $891,039 162.83 13.51% 2557 65.56 December 2007 49 $850,256 $763,407 220.29 11.37% 2480 50.61 Total: 1285 $950,885 $863,134 323.20 20.25% 4903 95.36 Month Year Monthly Sales Avg List $ Avg Sale $ Avg DOM Discount Current Inventory Months Inventory January 2008 45 $730,303 $672,144 196.73 8.65% 2368 52.62 February 2008 41 $696,490 $591,723 218.12 17.70% 2335 56.95 March 2008 0 0 0 0.00 0.00% 0 0.00 April 2008 0 0 0 0.00 0.00% 0 0.00 May 2008 0 0 0 0.00 0.00% 0 0.00 June 2008 0 0 0 0.00 0.00% 0 0.00 July 2008 0 0 0 0.00 0.00% 0 0.00 August 2008 0 0 0 0.00 0.00% 0 0.00 September 2008 0 0 0 0.00 0.00% 0 0.00 October 2008 0 0 0 0.00 0.00% 0 0.00 November 2008 0 0 0 0.00 0.00% 0 0.00 December 2008 0 0 0 0.00 0.00% 0 0.00 Total: 1371 $936,037 $848,749 355.11 22.44% 5295
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Josh McLean
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