Here are the sales and inventory statistics for the month of May. The activity continues to pick up at this time. Sales continue to increase and we have over 100 pending sales awaiting closing. The short sale process has really delayed closings, but it's a matter of time before that all changes. The inventory is around 200 properties lower than that of May 2007. The market is really beginning to show a turn for the better. These stats are from Destin through Inlet Beach.

 

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory January February March April May June July August September October November December Total: MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory January February March April May June July August September October November December Total: MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory January February March April May June July August September October November December Total: Grand Total:

Sales and Inventory Report Category - Detached Single Family Statistics for Entire MLS from 1/1/2006 - 12/31/2008
Areas:14,15,16,17,18
2006	42	$944,555	$877,819	148.16	92.93%	1828	43.52
2006	49	$804,299	$756,378	129.93	94.04%	1937	39.53
2006	64	$795,214	$738,496	127.73	92.86%	2087	32.60
2006	42	$1,213,502	$1,084,967	130.33	89.40%	2323	55.30
2006	59	$821,216	$757,928	166.62	92.29%	2488	42.16
2006	60	$801,315	$717,626	140.91	89.55%	2578	42.96
2006	68	$872,029	$785,669	154.73	90.09%	2646	38.91
2006	58	$947,416	$893,224	151.72	94.27%	2592	44.68
2006	47	$1,104,089	$1,044,400	122.68	94.59%	2607	55.46
2006	54	$1,198,674	$1,085,905	150.01	90.59%	2511	46.50
2006	34	$890,405	$821,695	199.52	92.28%	2405	70.73
2006	41	$992,745	$908,699	176.07	91.53%	2362	57.60
	618	$937,408	$861,960	148	91.95%	2363	47.50
2007	35	$986,548	$878,286	196.51	89.02%	2241	64.02
2007	45	$872,323	$755,832	217.13	86.64%	2320	51.55
2007	61	$927,461	$849,824	208.06	91.62%	2422	39.70
2007	66	$927,835	$851,846	176.06	91.81%	2538	38.45
2007	67	$962,431	$852,637	232.10	88.59%	2658	39.67
2007	74	$1,169,505	$1,051,423	192.72	89.90%	2707	36.58
2007	72	$991,276	$885,040	210.56	89.28%	2747	38.15
2007	66	$1,021,511	$905,199	215.36	88.61%	2727	41.31
2007	48	$841,265	$776,862	154.52	92.34%	2704	56.33
2007	49	$830,587	$769,904	209.86	92.69%	2604	53.14
2007	39	$1,011,455	$891,039	162.83	88.09%	2591	66.43
2007	51	$826,026	$742,499	213.04	89.88%	2525	49.50
	673	$944,373	$848,371	201	89.87%	2565	47.90
2008	46	$717,685	$660,467	203.53	92.02%	2426	52.73
2008	49	$716,614	$606,238	246.77	84.59%	2412	49.22
2008	64	$613,950	$554,810	190.84	90.36%	2407	37.60
2008	65	$867,653	$763,050	243.68	87.94%	2415	37.15
2008	69	$748,318	$661,872	199.14	88.44%	2425	35.14
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
2008	0	0	0	0.00	0.00%	2407	0.00
	293	$744,062	$660,481	210	88.58%	1007	17.65
2006 - 2008	1584	$908,357	$822,221	182	90.51%	1978