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Destin Sales and Inventory History for June (Homes)

By
Real Estate Agent with Clay and Company,LLC

Here are the latest market statistics. Sales are still higher than 2007. Sales prices are much lower, but more properties are moving. Inventory is down around 300 units from where it was in June of 2007 which is a great sign.

Sales and Inventory Report
Category - Detached Single Family
Statistics for Entire MLS from 1/1/2007 - 12/31/2008
Areas:14,15,16,17,18

MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory
January 2007 35 $986,548 $878,286 196.51 89.02% 2244 64.11
February 2007 45 $872,323 $755,832 217.13 86.64% 2323 51.62
March 2007 61 $927,461 $849,824 208.06 91.62% 2425 39.75
April 2007 66 $927,835 $851,846 176.06 91.81% 2541 38.50
May 2007 67 $962,431 $852,637 232.10 88.59% 2661 39.71
June 2007 74 $1,169,505 $1,051,423 192.72 89.90% 2710 36.62
July 2007 72 $991,276 $885,040 210.56 89.28% 2751 38.20
August 2007 66 $1,021,511 $905,199 215.36 88.61% 2731 41.37
September 2007 48 $841,265 $776,862 154.52 92.34% 2712 56.50
October 2007 49 $830,587 $769,904 209.86 92.69% 2612 53.30
November 2007 39 $1,011,455 $891,039 162.83 88.09% 2603 66.74
December 2007 51 $826,026 $742,499 213.04 89.88% 2542 49.84
Annual:   673 $957,010 $860,095 200 89.87% 2571 48.02
 
MonthYearMonthly SalesAvg List $Avg Sale $Avg DOM% Sold/ListCurrent InventoryMonths Inventory
January 2008 46 $717,685 $660,467 203.53 92.02% 2445 53.15
February 2008 49 $716,614 $606,238 246.77 84.59% 2438 49.75
March 2008 64 $613,950 $554,810 190.84 90.36% 2438 38.09
April 2008 65 $863,730 $759,203 253.62 87.89% 2450 37.69
May 2008 81 $742,771 $659,038 185.97 88.72% 2460 30.37
June 2008 75 $835,626 $732,870 200.89 87.70% 2444 32.58
July 2008 0 0 0 0.00 0.00% 2367 0.00
August 2008 0 0 0 0.00 0.00% 2370 0.00
September 2008 0 0 0 0.00 0.00% 2370 0.00
October 2008 0 0 0 0.00 0.00% 2370 0.00
November 2008 0 0 0 0.00 0.00% 2370 0.00
December 2008 0 0 0 0.00 0.00% 2370 0.00
Annual:   380 $758,640 $667,393 212 88.43% 1222 20.13
 
Annual: 2007 - 2008 1053 $883,634 $790,251 204 89.43% 1897