Most Trusted Realtor Along the Emerald Coast”
garett@livebythebeach.com
Originally from New Orleans, Garett moved to the South Walton area over 25 years ago to start up a closet organization business during the housing boom in the early 2000’s. After many years as a successful business owner, Garett decided to enter into the real estate industry to continue working with homeowners where he has found the greatest fulfillment.
GARETT HUBER
A full-time Realtor within Santa Rosa Beach and surrounding areas, Garett offers a wealth of knowledge and experience that is unsurpassed. Garett’s keen insight into vacation homes, as well as investment properties is why he is able to adapt to the ever-changing real estate market.
REALTOR
Garett’s experience is why his clients are excited to refer his services to their family, friends and colleagues. Garett’s strengths are prompt communication, service to his clients, as well as trust and commitment.
“The
www.garetthuber.livebythebeach.com
®, CLHMS Compass Florida 850.830.1801
July 2022
January
Closed Sales
Statistics
373 -19.9%-23.8%-9.5%May
Supply of Inventory 3.0
October
351
Summary
$289.3 Million $399.7 Million -27.6% $1,075,394 $1,068,588 0.6% 100 -40.0% -28.1% 0.0% Days 8 Days 62.5%
Pending
Time to Contract 81232Days
in Cash
June
Median
Inventory 820 Inventory (Active Listings) 1,049
byFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022. Year-to-Date 2,393
Paid 100.0% $619,537 $627,500 -1.3%
100.0%
641,070Days
Median Sale Price Average Sale Price Dollar MedianVolumePercent of Original List Price Received
13
Percent Year-over-YearChange 2021 374 2021 422 2021 346 2022 445 2022 316 2022 316
March
February
1.7
356 September
Time to Sale New Pending Sales New Listings Month 362
Economists' note : ClosedSalesareoneofthesimplest—yetmost important—indicatorsfortheresidentialrealestatemarket. When comparingClosedSalesacrossmarketsofdifferentsizes,we recommendcomparingthepercentchangesinsalesratherthanthe numberofsales. ClosedSales(andmanyothermarketmetrics)are affectedbyseasonalcycles,soactualtrendsaremoreaccurately representedbyyear-over-yearchanges(i.e.comparingamonth'ssales totheamountofsalesinthesamemonthinthepreviousyear),rather thanchangesfromonemonthtothenext. 2022 2022 323 2022 -21.4% 2021 2021
April
Months 26.6% -32.2%
December
476
July 2022
Median
Produced -10.7% -28.1% -23.9% 269 -23.4% 643 63.1% 76.5%
Closed
369 July
Sales
July 2021 Percent Year-over-YearChange 60
269 374
342
November
343 -18.9%-19.3%-8.2%6.7%-5.1%10.8%5.5%11.7%August 2021 2018 2019 2020 2021 2022 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J Monthly Market Detail July 2022 Walton County Single Family Homes Closed Sales The number of sales transactions which closed during the month 5004003002001000SalesClosed
May 2022 91 -27.8%
Economists' note : CashSalescanbeausefulindicatoroftheextentto whichinvestorsareparticipatinginthemarket. Why? Investorsare farmorelikelytohavethefundstopurchaseahomeavailableupfront, whereasthetypicalhomebuyerrequiresamortgageorsomeother formoffinancing. Thereare,ofcourse,manypossibleexceptions,so thisstatisticshouldbeinterpretedwithcare.
Cash Sales Percent Year-over-YearChange
November 2021 29.5% 13.9%
March 2022 134 2.3%
Economists' note : Thisstatisticissimplyanotherwayofviewing CashSales. TheremainingpercentagesofClosedSales(i.e.thosenot paidfullyincash)eachmonthinvolvedsomesortoffinancing,suchas mortgages,owner/sellerfinancing,assumedloans,etc.
January 2022 93 43.1%
April Month2022
The
percentage of Closed Sales during the month which were Cash Sales
Year-to-Date 27.0% -6.6%
October 2021 28.1%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 35%30%25%20%15%10%5%0%SalesClosedofPct. CashinPaid 150100500SalesCash Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton County Single Family Homes Cash Sales
number of Closed Sales during the month in which buyers exclusively paid in cash 2018 2019 2020 2021 2022
November 2021 102 20.0% October 2021 88 -13.7% August 2021 101 September 2021 25.7%
September 2021 26.7% 7.7%
February 2022 75 -5.1%
April 2022 27.9% -11.4%7.1%
Percent of Closed Sales Paid in Cash Percent
The
August 2021 27.4% -3.5% July 2021
January 2022 29.4% 27.8%
June 2022 95 -30.1%
Cash Sales as a Percentage of Closed Sales
July 2021 100 -15.3%
December 2021 122 32.6%
December 2021 28.9% 19.9%
-21.7%6.8%
Year-to-Date 646 -16.6% 100 -2.0% 98 -29.0%
March 2022 30.1% -4.1%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
July 2022 60 -40.0%
February 2022 23.7% 0.0%
July 2022 22.3% -16.5% June 2022 25.5% -22.7% May 2022 28.2% -5.1%
Month
Year-over-YearChange
March 2022 $809,000 11.6%
May 2022 $806,300 11.6%
June 2022 $1,537,775 35.4%
Economists' note : MedianSalePriceisourpreferredsummary statisticforpriceactivitybecause,unlikeAverageSalePrice,Median SalePriceisnotsensitivetohighsalepricesforsmallnumbersof homesthatmaynotbecharacteristicofthemarketarea. Keepinmind thatmedianpricetrendsovertimearenotalwayssolelycausedby changesinthegeneralvalueoflocalrealestate. Mediansalepriceonly reflectsthevaluesofthehomesthat sold eachmonth,andthemixof thetypesofhomesthatsellcanchangeovertime.
November 2021 $1,110,182 14.3%15.2%$1,285,087
December 2021 $1,250,381 17.6%
sales in dollars divided by the number
April 2022 $810,000 11.7%
Month Average Sale Price Percent Year-over-YearChange
July 2021 $627,500 -1.9%
August 2021 $720,000 16.1%
Economists' note : Usually,wepreferMedianSalePriceoverAverage SalePriceasasummarystatisticforhomeprices. However,Average SalePricedoeshaveitsuses—particularlywhenitisanalyzed alongsidetheMedianSalePrice. Forone,therelativedifference betweenthetwostatisticscanprovidesomeinsightintothemarketfor higher-endhomesinanarea.
July 2021 $1,068,588 7.8%
The sale price reported for the (i.e. 50% of sales were above and 50% of sales were below)
month
August 2021 $1,072,246 11.2%
The total of
average sale price reported for the month (i.e.
Year-to-Date
February 2022 $720,000 14.3%
October 2021 $1,055,051 6.9%
September 2021 $1,082,885
March 2022 $1,353,437 11.7%
January 2022 $710,000 9.2%
February 2022 $1,107,091 2.6%
Single
Median Sale Price
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
September 2021 $705,000 11.0%
October 2021 $718,000 21.7%
November 2021 $753,750 31.1%
July 2022 $619,537 -1.3%
Year-to-Date $739,900 7.2%
April 2022 $1,381,776 21.1%3.8%
July 2022 $1,075,394 0.6%
Month Median Sale Price Percent Year-over-YearChange
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $2000K$1500K$1000K$500K$0KPriceSaleAverage $1000K$800K$600K$400K$200K$0KPriceSaleMedian Monthly Market Detail July 2022 2018 2019 2020 2021 2022
median
sales)
Average Sale Price
December 2021 $737,500 14.3%
June 2022 $687,000 -4.9%
May 2022 $1,325,519 14.2%
January 2022 $1,098,342 6.9%
2018 2019 2020 2021 2022
Walton County Family Homes
May 2022 $428.1 Million -13.0%
Month Dollar Volume Percent Year-over-YearChange
Year-to-Date $3.1 Billion
August 2021 100.0% 1.8%
September 2021 100.0% Percent of Original List Price Received
December 2021 $527.7 Million
March 2022 100.0% 0.0%
November 2021 98.8% 0.3%
July 2021 $399.7 Million -15.3%
August 2021 $395.7 Million
September 2021 100.0% 2.2%
June 2022 $573.6 Million 22.6%
July 2022 100.0% 0.0%
February 2022 100.0% 0.0%
Economists' note : TheMedianPercentofOriginalListPriceReceived isusefulasanindicatorofmarketrecovery,sinceittypicallyrisesas buyersrealizethatthemarketmaybemovingawayfromthemand theyneedtomatchthesellingprice(orbetterit)inordertogeta contractonthehouse. Thisisusuallythelastmeasuretoindicatea markethasshiftedfromdowntoup,soitiswhatwewouldcalla lagging indicator.
July 2022 $289.3 Million -27.6%
July 2021
Percent
June 2022 100.0% 0.0%
December 2021 98.7% -0.5%
January 2022 $347.1 Million 19.4%
October 2021 99.7%
0.0%100.0%
February 2022 $349.8 Million -2.6%
$375.6 Million -1.9%
May 2022 100.0% 0.0%
3.0%0.0%
January 2022 99.2% -0.4%
Economists' note : DollarVolumeissimplythesumofallsaleprices inagiventimeperiod,andcanquicklybecalculatedbymultiplying ClosedSalesbyAverageSalePrice. Itisastrongindicatorofthehealth oftherealestateindustryinamarket,andisofparticularinterestto realestateprofessionals,investors,analysts,andgovernmentagencies. Potentialhomesellersandhomebuyers,ontheotherhand,willlikely bebetterservedbypayingattentiontotrendsinthetwocomponents ofDollarVolume(i.e.salesandprices)individually.
MonthYear-to-Date
November 2021 $384.1 Million 21.6% October 2021
March 2022 $602.3 Million 19.2%
-9.8%1.3%
The median of the sale price (as a percentage of the original list price) across all properties selling during the month $700$600$500$400$300$200$100$0MMMMMMMVolumeDollar
Med. Pct. of Orig. List Price Received Year-over-YearChange
April 2022 100.0%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
April 2022 $485.0 Million -3.0%
$371.4 Million -16.2%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 20%0% 40% 120%100%80%60%Orig.ofPct.Med. ReceivedPriceList Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton County Single Family Homes Dollar Volume The sum of the sale prices for all sales which closed during the month 2018 2019 2020 2021 2022 Median
30.3%2.0%
The
8 Days 33.3%
JuneYear-to-Date2022
October 2021 72 Days
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth.
March 2022 65 Days -3.0%
17 Days -41.4%
Economists' note : LikeTimetoSale,TimetoContractisameasureof thelengthofthehomesellingprocesscalculatedforsaleswhichclosed duringthemonth. ThedifferenceisthatTimetoContractmeasures thenumberofdaysbetweentheinitiallistingofapropertyandthe signingofthecontractwhicheventuallyledtotheclosingofthesale. WhenthegapbetweenMedianTimetoContractandMedianTimeto Salegrows,itisusuallyasignoflongerclosingtimesand/ordeclining numbersofcashsales.
2018 2019 2020 2021 2022
July 2021 8 Days -86.0%
Month Median Time to Sale Percent Year-over-YearChange
-13.3%-5.1%
November 2021 15 Days -11.8%
September 2021 12 Days -68.4%
JuneYear-to-Date2022 69 Days 25.5%
October 2021
January 2022 90 Days -7.2%
July 2022 13 Days 62.5%
Median Time to Sale
May 2022 56 Days
July 2022 81 Days 26.6% 15.2%76 Days
County Single Family Homes
April 2022 7 Days 16.7%
Median Time to Contract
median number of days between the listing date and contract date for all Closed Sales during the month 2018 2019 2020 2021 2022
August 2021 67 Days -32.3%
median number of days between the listing date and closing date for all Closed Sales during the month
March 2022 8 Days -33.3%
December 2021 76 Days -10.6%
September 2021 72 Days -16.3%
Market
12 Days 33.3%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 200150100500toTimeMedian Sale 100806040200toTimeMedian Contract
Monthly Detail July 2022
August 2021 10 Days -79.2%
11 Days 120.0%
25 Days -13.8%
DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
July 2021 64 Days -45.3%
Walton
Month Median Time to Contract Percent Year-over-YearChange
December 2021 17 Days -22.7%
February 2022 15 Days -31.8%
April 2022 63 Days 8.6%
Economists' note : TimetoSaleisameasureofthelengthofthehome sellingprocess,calculatedasthenumberofdaysbetweentheinitial listingofapropertyandtheclosingofthesale. Median TimetoSaleis theamountoftimethe"middle"propertysellingthismonthwason themarket. Thatis,50%ofhomessellingthismonthtook less timeto sell,and50%ofhomestook more timetosell. MedianTimetoSale givesamoreaccuratepicturethanAverageTimetoSale,whichcanbe skewedupwardbysmallnumbersofpropertiestakinganabnormally longtimetosell.
February 2022 90 Days 4.7%
The
November 2021 80 Days 6.7%
May January20222022
July 2022 232 -32.2%
November 2021 370 7.2%
October 2021 370 -14.5%
May 2022 473 -1.7%
May 2022 309 -24.3%
October 2021 374 -9.4%
September 2021 390 5.7%
April 2022 364 -22.6%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. releasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
November 2021 365 0.0%
August 2021 373 -29.5%
June 2022 489 9.2%
January 2022 297 -19.3%
February 2022 360 -18.4%
July 2021 476 6.7%
Economists' note : NewListingstendtoriseindelayedresponseto increasingprices,sotheyareoftenseenasalaggingindicatorof markethealth. Aspricesrise,potentialsellersraisetheirestimations ofvalue—andinthemostrecentcycle,risingpriceshavefreedup manypotentialsellerswhowerepreviouslyunderwaterontheir mortgages. Notethatinourcalculations,wetakecaretonotinclude propertiesthatwererecentlytakenoffthemarketandquicklyrelisted, sincethesearenotreally new listings.
January 2022 421 -9.7%
Year-to-Date 2,323 -22.1%
July 2021 342 -34.0%
September 2021 360 -17.1%
March 2022 510 19.4%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 1000 200 600500400300ListingsNew 6005004003002001000SalesPending Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton County Single Family Homes New Pending Sales The number of listed properties that went under contract during the month 2018 2019 2020 2021 2022 New Listings The number of properties put onto the market during the month
April 2022 457 -15.8% 303 4.5%
June 2022 235 -39.0%
Data
Year-to-Date 2,967 -4.8%
July 2022 362 -23.9%
December 2021 359 4.7%
December 2021
August 2021 451 9.7%
March 2022 402 -14.6%
February 2022 379 1.6%
Month New Pending Sales Percent Year-over-YearChange
Month New Listings Percent Year-over-YearChange
Economists' note : Becauseofthetypicallengthoftimeittakesfora saletoclose,economistsconsiderPendingSalestobeadecent indicatorofpotentialfutureClosedSales. Itisimportanttobearin mind,however,thatnotallPendingSaleswillbeclosedsuccessfully. So,theeffectivenessofPendingSalesasafutureindicatorofClosed Salesissusceptibletochangesinmarketconditionssuchasthe availabilityoffinancing forhomebuyersandtheinventoryof distressedpropertiesforsale.
September 2021 1.9 -24.0%
July 2021 643 -33.1%
July 2022 3.0 76.5% June 2022 2.6 100.0% 636 -12.8%
Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
July 2021 1.7 -52.8%
February 2022 388 -2.0%
Economists' note : MSIisausefulindicatorofmarketconditions. The benchmarkforabalancedmarket(favoringneitherbuyernorseller)is 5.5monthsofinventory. Anythinghigheristraditionallyabuyers' market,andanythinglowerisasellers'market. Thereisnosingle acceptedwayofcalculatingMSI. Acommonmethodistodivide currentInventorybythemostrecentmonth'sClosedSalescount,but thiscountisausuallypoorpredictoroffutureClosedSalesdueto seasonalcycles. Toeliminateseasonaleffects,weusethe12-month averageofmonthlyClosedSalesinstead.
February 2022 1.0 -9.1%
March 2022 1.3 30.0%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth.
November 2021 1.6 -27.3%
November 2021 599 -12.9%
Month Inventory Percent Year-over-YearChange
October 2021 38.9%
March 2022 493 42.1%
June 2022 955 79.8% May 2022 711 42.5% Supply of
August 2021 683 -37.9%-16.3%
July 2022 1,049 63.1% 650 37.6%
January 2022 388 -19.7%
September 2021 695 -5.8%
YTD (Monthly Avg)
August 2021 1.8
December 2021 1.4 -26.3%
Economists' note : Thereareanumberofwaystodefineandcalculate Inventory. Ourmethodistosimplycountthenumberofactivelistings onthelastdayofthemonth,andholdthisnumbertocomparewiththe samemonththefollowingyear. InventoryriseswhenNewListingsare outpacingthenumberoflistingsthatgooff-market(regardlessof whethertheyactuallysell). Likewise,itfallswhenNewListingsaren't keepingupwiththerateatwhichhomesaregoingoff-market.
December 2021 523 -14.0%
Month Months Supply Percent Year-over-YearChange
October 2021 1.7 -26.1%
YTD (Monthly Avg) 1.8 38.5%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 7.06.05.04.03.02.01.00.0ofSupplyMonths Inventory 2,0001,5001,0005000Inventory Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton County Single Family Homes Inventory (Active Listings) The number of property listings active at the end of the month 2018 2019 2020 2021 2022 Months
April 2022 568
DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
January 2022 1.0 -28.6%
May 2022 2.0 53.8% April 2022 1.5 36.4%
$250,000 - $299,999 11 -8.3% $300,000 - $399,999 29 -42.0%
$400,000 - $599,999 12 Days 200.0% 13 Days 333.3%
$600,000 - $999,999 11 Days 22.2%
Economists' note : LikeTimetoSale,TimetoContractisameasureof thelengthofthehomesellingprocesscalculatedforsaleswhichclosed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Salegrows,itisusuallyasignoflongerclosingtimesand/ordeclining numbersofcashsales.
$300,000 - $399,999 22 Days 69.2%
Sale Price Closed Sales Percent Year-over-YearChange
Economists' note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately representedbyyear-over-yearchanges(i.e.comparingamonth'ssales totheamountofsalesinthesamemonthinthepreviousyear),rather thanchangesfromonemonthtothenext.
The number of sales transactions which closed during the month
Less than $50,000 (No Sales) N/A
Median Time to Contract Percent Year-over-YearChange
$200,000 - $249,999 15 Days 275.0% $250,000 - $299,999
more ContracttoTimeMedian July 2021 July 2022 6050403020100 120100806040200 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999-
$1,000,000 or more 84 -20.8%
$150,000 - $199,999 6 -70.0% $200,000 - $249,999 10 -28.6%
SalesClosed July 2021 July 2022 120100806040200 Monthly Market Detail July 2022 Walton County Single Family Homes Closed Sales
Less than $50,000 0 N/A $50,000 - $99,999 0 -100.0% $300,000 $399,999- $400,000 $599,999- $600,000 $1,000,000 or $200,000 $249,999- $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 or more by Sale Price
$999,999-
$150,000 - $199,999 57 Days 216.7%
$1,000,000 or more 14 Days 16.7%
Sale Price
11 Days -52.2%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
$50,000 - $99,999 (No Sales) N/A $100,000 - $149,999
$400,000 - $599,999 74 -5.1% $600,000 - $999,999 53 -40.4%
6050403020100 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999- $200,000 $249,999- $250,000 $299,999-
The median number of days between the listing date and contract date for all Closed Sales during the month
Median Time to Contract by Sale Price
$100,000 - $149,999 2 -33.3%
$50,000 - $99,999 2 -33.3% $100,000 - $149,999 3 -25.0%
7006005004003002001000 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999- $200,000 $249,999-
Less than $50,000 0 N/A
$600,000 - $999,999 61 -44.0%
Current Listing Price Inventory Percent Year-over-YearChange
$400,000 - $599,999 94 5.6%
$600,000 - $999,999 180 44.0% $1,000,000 or more 604 83.6%
$400,000 - $599,999 159 60.6%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
Initial Listing Price New Listings Percent Year-over-YearChange
or more Inventory July 2021 July 2022 200 40 1601401201008060 180 200 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999-
ListingsNew July 2021 July 2022 2007006005004003002001000 40 1601401201008060 180 200 Monthly Market Detail
$200,000 - $249,999 11 -26.7% $250,000 - $299,999 40 400.0% $300,000 - $399,999 42 -12.5%
2022 Walton County Single Family Homes New Listings by Initial Listing Price The number of properties put onto the market during the month Inventory by Current Listing Price The number of property listings active at the end of the month
$50,000 - $99,999 4 100.0% $100,000 - $149,999 3 -50.0%
$1,000,000 or more 161 -12.5%
Less than $50,000 0 N/A $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 $200,000 $249,999- $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 or more July
Economists' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include propertiesthatwererecentlytakenoffthemarketandquicklyrelisted, sincethesearenotreally new listings.
$150,000 - $199,999 6 -45.5%
$150,000 - $199,999 4 -20.0% $200,000 - $249,999 5 -58.3% $250,000 - $299,999 15 0.0% $300,000 - $399,999 17 -69.1%
Economists' note : Thereareanumberofwaystodefineandcalculate Inventory. Ourmethodistosimplycountthenumberofactivelistings onthelastdayofthemonth,andholdthisnumbertocomparewiththe samemonththefollowingyear. InventoryriseswhenNewListingsare outpacing the number of listings that go off-market (regardless of whethertheyactuallysell). Likewise,itfallswhenNewListingsaren't keepingupwiththerateatwhichhomesaregoingoff-market.
Closed MedianClosedMedianClosedMedianSalesSalePriceSalesSalePriceSalesSalePrice ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022. Short Sale 0 0 N/A (No Sales) (No Sales) N/A Foreclosure/REO 0 0 N/A (No Sales) (No Sales) N/A July 2022 July 2021 Percent Year-over-YearChange Traditional 269 374 -28.1% $619,537 $627,500 -1.3% $3000K$2000K$1000K$0K $4000K $8000K$7000K$6000K$5000KPriceSaleMedian 100%90%80%70%60%50%40%30%20%10%0%SalesClosed Traditional Foreclosure/REO Short Sale J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J Monthly Distressed Market July 2022 Walton County Single-Family Homes 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
Economists' note : ClosedSalesareoneofthesimplest—yetmost important—indicatorsfortheresidentialrealestatemarket. When comparingClosedSalesacrossmarketsofdifferentsizes,we recommendcomparingthepercentchangesinsalesratherthanthe numberofsales. ClosedSales(andmanyothermarketmetrics)are affectedbyseasonalcycles,soactualtrendsaremoreaccurately representedbyyear-over-yearchanges(i.e.comparingamonth'ssales totheamountofsalesinthesamemonthinthepreviousyear),rather thanchangesfromonemonthtothenext.
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022. Year-to-Date 787 -23.9% -45.9% 157 -30.6% Closed Sales 66 48136Days 18.4% 228 24.6% 1.7 52.9% Summary Statistics Closed Sales Paid in Cash 96.7% July 2022 $695,000Median Sale Price Average Sale Price Dollar MedianVolumePercent of Original List Price Received $539,000 28.9% $66.1 Million $92.1 Million -28.2% $1,001,547 $754,671 32.7% July 2021 Percent Year-over-YearChange 29 51 -43.1% 66 122 -45.9% 100.0% -3.3% 16 Days 6 Days 166.7% July 2022 Median Time to Contract 5473DaysMedian Time to Sale New Pending Sales New Listings Month 109 Pending Inventory 161 Inventory (Active Listings) 284 Months Supply of Inventory 2.6 12.5% 89 -18.0% Percent Year-over-YearChange 91 July 2021 122 December 2021 129 November 2021 106 March 2022 148 February 2022 116 January 2022 112
June 2022 104 -25.0%-28.1%-34.2%May 2022 115 April 2022 126 -19.2% October 2021 84 September 2021 102 -17.8%-17.1%-14.9%-24.8%-17.1%-29.4%-2.3%0.0%August 2021 2018 2019 2020 2021 2022 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J Monthly Market Detail July 2022 Walton TownhousesCountyand Condos Closed Sales The number of sales transactions which closed during the month 200150100500SalesClosed
February 2022 48.3% 10.8%
June 2022 49 -23.4% May 2022 57 -9.5%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
March 2022 63 -16.0%
January 2022 38 -17.4%
36
July 2021 51 -10.5%
November 2021 50.0% 43.3%
September 2021 41.8% 10.9% October 2021 32.1% 2021 17.8% 2021 -16.3% 2021 2021
Cash as
Year-to-Date 346 -21.4% 27 -40.0% 54 -32.5%
The
Economists' note : Thisstatisticissimplyanotherwayofviewing CashSales. TheremainingpercentagesofClosedSales(i.e.thosenot paidfullyincash)eachmonthinvolvedsomesortoffinancing,suchas mortgages,owner/sellerfinancing,assumedloans,etc.
February 2022 56 -8.2%
April Month2022
October
January 2022 33.9% -17.5%
Month Percent of Closed Sales Paid in Cash Percent Year-over-YearChange
35.3% J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 10%0% 20% 60%50%40%30%SalesClosedofPct. CashinPaid 100806040200SalesCash Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton TownhousesCountyand Condos Cash Sales
Sales
Year-to-Date 44.0% 3.3%
December 2021 50 -3.8%
August
August 2021 44.0% 23.9% July 2021
Economists' note : CashSalescanbeausefulindicatoroftheextentto whichinvestorsareparticipatinginthemarket. Why? Investorsare farmorelikelytohavethefundstopurchaseahomeavailableupfront, whereasthetypicalhomebuyerrequiresamortgageorsomeother formoffinancing. Thereare,ofcourse,manypossibleexceptions,so thisstatisticshouldbeinterpretedwithcare.
July 2022 29 -43.1%
July 2022 43.9% 5.0% June 2022 47.1% 16.3% May 2022 49.6% 25.9% April 2022 42.9% -9.9%0.9%
November
40 -15.1%-7.0% September
53
The
Cash Sales Percent Year-over-YearChange
number of Closed Sales during the month in which buyers exclusively paid in cash 2018 2019 2020 2021 2022
percentage of Closed Sales during the month which were Cash Sales
December 2021 38.8% -1.5%
a Percentage of Closed Sales
March 2022 42.6% -1.2%
median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below) 2018 2019 2020 2021 2022
Month Median Sale Price Percent Year-over-YearChange
June 2022 $670,250 12.8%
November 2021 $720,402 $798,974Year-to-Date
Average Sale Price
Data
Economists' note : MedianSalePriceisourpreferredsummary statisticforpriceactivitybecause,unlikeAverageSalePrice,Median SalePriceisnotsensitivetohighsalepricesforsmallnumbersof homesthatmaynotbecharacteristicofthemarketarea. Keepinmind thatmedianpricetrendsovertimearenotalwayssolelycausedby changesinthegeneralvalueoflocalrealestate. Mediansalepriceonly reflectsthevaluesofthehomesthat sold eachmonth,andthemixof thetypesofhomesthatsellcanchangeovertime.
Economists' note : Usually,wepreferMedianSalePriceoverAverage SalePriceasasummarystatisticforhomeprices. However,Average SalePricedoeshaveitsuses—particularlywhenitisanalyzed alongsidetheMedianSalePrice. Forone,therelativedifference betweenthetwostatisticscanprovidesomeinsightintothemarketfor higher-endhomesinanarea.
The
May 2022 $653,000 16.3%
January 2022 $547,500 25.9%
March 2022 $557,750 32.0%
Month Average Sale Price Percent Year-over-YearChange
August 2021 $615,202 3.9%
July 2021 $539,000 41.8%
April 2022 $826,193
February 2022 $741,419 19.1%
January 2022 $696,612 18.6%
July 2021 $754,671 34.7%
average sale price reported for the month (i.e. total sales in dollars divided by the number of sales)
July 2022 $695,000 28.9%
February 2022 $560,750 33.8%
18.7%38.5%
The
May 2022 $783,850 7.0%
December 2021 $586,295 4.8%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. releasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
December 2021 $512,500 22.3%
September 2021 $532,000 40.7%
August 2021 $500,000 23.5%
July 2022 $1,001,547 32.7%
March 2022 $715,469 28.3%
October 2021 $754,921 26.0%
November 2021 $567,500 29.0%
September 2021 $653,560
June 2022 $947,434 21.5%
Year-to-Date $590,000 26.9%
21.0%14.2%
April 2022 $595,250 33.0%
October 2021 $555,000 23.3%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J $200K$0K $400K $1200K$1000K$800K$600KPriceSaleAverage $800K$600K$400K$200K$0KPriceSaleMedian Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton TownhousesCountyand Condos
Median Sale Price
May 2022 100.0% 0.0%
January 2022 98.0% 0.0%
Original
Month Dollar Volume Percent Year-over-YearChange
Year-to-Date $628.8 Million
Economists' note : DollarVolumeissimplythesumofallsaleprices inagiventimeperiod,andcanquicklybecalculatedbymultiplying ClosedSalesbyAverageSalePrice. Itisastrongindicatorofthehealth oftherealestateindustryinamarket,andisofparticularinterestto realestateprofessionals,investors,analysts,andgovernmentagencies. Potentialhomesellersandhomebuyers,ontheotherhand,willlikely bebetterservedbypayingattentiontotrendsinthetwocomponents ofDollarVolume(i.e.salesandprices)individually. 0.3%99.9%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
July 2022 96.7% -3.3%
March 2022 100.0% 1.7%
July 2021 $92.1 Million 8.8%
August 2021 100.0% 3.8% July 2021
Economists' note : TheMedianPercentofOriginalListPriceReceived isusefulasanindicatorofmarketrecovery,sinceittypicallyrisesas buyersrealizethatthemarketmaybemovingawayfromthemand theyneedtomatchthesellingprice(orbetterit)inordertogeta contractonthehouse. Thisisusuallythelastmeasuretoindicatea markethasshiftedfromdowntoup,soitiswhatwewouldcalla lagging indicator.
November 2021 97.5% 0.4%
2.4%0.0%
$66.7 Million -1.5% 2021 $56.0 Million 2021 98.6% Condos
May 2022 $90.1 Million -23.1%
February 2022 $86.0 Million -1.3%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 20%0% 40% 120%100%80%60%Orig.ofPct.Med. ReceivedPriceList Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton TownhousesCountyand
April 2022 100.0%
June 2022 $98.5 Million -20.0%
-7.9%2.5%
April 2022 $104.1 Million 3.9%
January 2022 $78.0 Million 18.6%
June 2022 99.7% -0.3%
March 2022 $105.9 Million 9.1%
February 2022 97.8% -0.2%
December 2021 97.4% 0.7%
MonthYear-to-Date Med. Pct. of Orig. List Price Received Percent Year-over-YearChange
October 2021 98.3%
The Percent of List Price Received
$63.4 Million -11.1%
sum of the sale prices for all sales which closed during the month 2018 2019 2020 2021 2022 Median
September 2021 100.0% 4.1%
November 2021 $76.4 Million -6.1% October 2021
July 2022 $66.1 Million -28.2%
December 2021 $75.6 Million
August
-21.9%1.8% September
Dollar Volume
The median of the sale price (as a percentage of the original list price) across all properties selling during the month $140$120$100$80$60$40$20$0MMMMMMMVolumeDollar
May January20222022 28 Days 27.3%
The
November 2021 28 Days -30.0%
March 2022 5 Days -61.5%
May 2022 39 Days
December 2021 39 Days -29.1%
median number of days between the listing date and contract date for all Closed Sales during the month 2018 2019 2020 2021 2022
Month Median Time to Sale Percent Year-over-YearChange
6 Days -25.0%
March 2022 46 Days -9.8%
October 2021 56 Days TownhousesCountyand Condos
Month Median Time to Contract Percent Year-over-YearChange
October 2021
November 2021 72 Days -13.3%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth.
April 2022 6 Days -14.3%
July 2022 54 Days 12.5% -9.3%49 Days
-38.5%-29.1%
September 2021 58 Days -27.5%
Median Time to Contract
September 2021 12 Days -75.5%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 200150100500toTimeMedian Sale 140120100806040200toTimeMedian Contract Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton
The
April 2022 42 Days -17.6%
Median Time to Sale
9 Days 28.6%
median number of days between the listing date and closing date for all Closed Sales during the month
August 2021 53 Days -51.4%
July 2021 6 Days -93.5%
JuneYear-to-Date2022
August 2021 8 Days -88.4%
January 2022 70 Days 12.9%
July 2021 48 Days -62.8%
JuneYear-to-Date2022 43 Days -15.7%
DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
July 2022 16 Days 166.7% 9 Days -18.2%
February 2022 61 Days -11.6%
December 2021 69 Days -28.9%
Economists' note : LikeTimetoSale,TimetoContractisameasureof thelengthofthehomesellingprocesscalculatedforsaleswhichclosed duringthemonth. ThedifferenceisthatTimetoContractmeasures thenumberofdaysbetweentheinitiallistingofapropertyandthe signingofthecontractwhicheventuallyledtotheclosingofthesale. WhenthegapbetweenMedianTimetoContractandMedianTimeto Salegrows,itisusuallyasignoflongerclosingtimesand/ordeclining numbersofcashsales.
Economists' note : TimetoSaleisameasureofthelengthofthehome sellingprocess,calculatedasthenumberofdaysbetweentheinitial listingofapropertyandtheclosingofthesale. Median TimetoSaleis theamountoftimethe"middle"propertysellingthismonthwason themarket. Thatis,50%ofhomessellingthismonthtook less timeto sell,and50%ofhomestook more timetosell. MedianTimetoSale givesamoreaccuratepicturethanAverageTimetoSale,whichcanbe skewedupwardbysmallnumbersofpropertiestakinganabnormally longtimetosell.
February 2022 20 Days -31.0% 9 Days -81.6%
October 2021 119 -16.2%
June 2022 135 -16.1%
April 2022 162 10.2% 73 14.1%
March 2022 132 -21.4%
September 2021 86 -28.9%
August 2021 110 -18.5%
February 2022 130 -21.7%
March 2022 147 -5.8%
January 2022 122 2.5%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
Economists' note : Becauseofthetypicallengthoftimeittakesfora saletoclose,economistsconsiderPendingSalestobeadecent indicatorofpotentialfutureClosedSales. Itisimportanttobearin mind,however,thatnotallPendingSaleswillbeclosedsuccessfully. So,theeffectivenessofPendingSalesasafutureindicatorofClosed Salesissusceptibletochangesinmarketconditionssuchasthe availabilityoffinancing forhomebuyersandtheinventoryof distressedpropertiesforsale.
Year-to-Date 782 -22.1%
November 2021 89 -3.3%
January 2022 143 -10.6%
Year-to-Date 926 -9.1%
Month New Listings Percent Year-over-YearChange
Economists' note : NewListingstendtoriseindelayedresponseto increasingprices,sotheyareoftenseenasalaggingindicatorof markethealth. Aspricesrise,potentialsellersraisetheirestimations ofvalue—andinthemostrecentcycle,risingpriceshavefreedup manypotentialsellerswhowerepreviouslyunderwaterontheir mortgages. Notethatinourcalculations,wetakecaretonotinclude propertiesthatwererecentlytakenoffthemarketandquicklyrelisted, sincethesearenotreally new listings.
Month New Pending Sales Percent Year-over-YearChange
October 2021 116 9.4%
May 2022 97 -36.6%
July 2022 109 -30.6%
February 2022 103 -16.9%
June 2022 96 -15.8%
December 2021
September 2021 108 0.9%
July 2022 73 -18.0%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 200150100500ListingsNew 200150100500SalesPending Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton TownhousesCountyand Condos New Pending Sales The number of listed properties that went under contract during the month 2018 2019 2020 2021 2022 New Listings The number of properties put onto the market during the month
July 2021 89 -29.4%
August 2021 154 13.2%
May 2022 148 -4.5%
December 2021 105 -7.1%
July 2021 157 42.7%
November 2021 131 21.3%
April 2022 111 -27.9%
YTD (Monthly Avg) 1.5 25.0%
YTD (Monthly Avg)
July 2021 228 -42.3%
September 2021 270 -24.8% August 2021 262 -59.6%-31.2%
March 2022 0.9 -10.0%
March 2022 117 -4.9%
Economists' note : Thereareanumberofwaystodefineandcalculate Inventory. Ourmethodistosimplycountthenumberofactivelistings onthelastdayofthemonth,andholdthisnumbertocomparewiththe samemonththefollowingyear. InventoryriseswhenNewListingsare outpacingthenumberoflistingsthatgooff-market(regardlessof whethertheyactuallysell). Likewise,itfallswhenNewListingsaren't keepingupwiththerateatwhichhomesaregoingoff-market.
June 2022 239 46.6% May 2022 213 80.5%
December 2021 164 -28.4%
January 2022 129 -29.9%
October 2021 2.0 -42.9%
Economists' note : MSIisausefulindicatorofmarketconditions. The benchmarkforabalancedmarket(favoringneitherbuyernorseller)is 5.5monthsofinventory. Anythinghigheristraditionallyabuyers' market,andanythinglowerisasellers'market. Thereisnosingle acceptedwayofcalculatingMSI. Acommonmethodistodivide currentInventorybythemostrecentmonth'sClosedSalescount,but thiscountisausuallypoorpredictoroffutureClosedSalesdueto seasonalcycles. Toeliminateseasonaleffects,weusethe12-month averageofmonthlyClosedSalesinstead.
May 2022 1.8 100.0% April 2022 1.4 75.0%
July 2021 1.7 -66.7%
November 2021 1.5 -50.0%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
July 2022 2.6 52.9% June 2022 2.1 75.0% 259 -16.7%
August 2021 1.9
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 10.08.06.04.02.00.0ofSupplyMonths Inventory 6005004003002001000Inventory Monthly Market Detail July 2022 2018 2019 2020 2021 2022 Walton TownhousesCountyand Condos Inventory (Active Listings) The number of property listings active at the end of the month 2018 2019 2020 2021 2022 Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
April 2022 165
September 2021 2.0 -52.4%
July 2022 284 24.6% 179 16.8%
November 2021 200 -30.1%
December 2021 1.3 -43.5%
October 2021 51.4%
Month Months Supply Percent Year-over-YearChange
January 2022 1.0 -44.4%
February 2022 104 -28.8%
Month Inventory Percent Year-over-YearChange
February 2022 0.8 -38.5%
$300,000 - $399,999 34 Days 466.7%
Sale Price Median Time to Contract Percent Year-over-YearChange
$1,000,000 or more 20 -4.8%
$150,000 - $199,999 0 -100.0% $200,000 - $249,999 0 -100.0%
Median Time to by Sale Price
$600,000 - $999,999 17 Days 240.0%
Economists' note : LikeTimetoSale,TimetoContractisameasureof thelengthofthehomesellingprocesscalculatedforsaleswhichclosed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Salegrows,itisusuallyasignoflongerclosingtimesand/ordeclining numbersofcashsales.
The number of sales transactions which closed during the month
$100,000 - $149,999 0 -100.0%
$1,000,000 or more 10 Days 11.1%
$300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 or more SalesClosed July 2021 July 2022 35302520151050 Monthly Market Detail July 2022 Walton TownhousesCountyand Condos Closed
Contract
The median number of days between the listing date and contract date for all Closed Sales during the month
$400,000 - $599,999 8 Days -42.9% 34 Days 750.0%
$50,000 - $99,999 (No Sales) N/A $100,000 - $149,999
Less than $50,000 (No Sales) N/A
$200,000 - $249,999 (No Sales) N/A $250,000 - $299,999
Economists' note: Closed Sales are one of the simplest—yet most important—indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales (and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately representedbyyear-over-yearchanges(i.e.comparingamonth'ssales totheamountofsalesinthesamemonthinthepreviousyear),rather thanchangesfromonemonthtothenext.
$400,000 - $599,999 10 -65.5% $600,000 - $999,999 22 -21.4% (No Sales) N/A
Less than $50,000 0 -100.0% $50,000 - $99,999 0 N/A $299,999Sales by Sale Price
302520151050 35 4540 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999- $200,000 $249,999- $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 or more ContracttoTimeMedian July 2021 July 2022 302520151050 35 4540 35302520151050 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999- $200,000 $249,999- $250,000
$250,000 - $299,999 8 0.0% $300,000 - $399,999 6 -71.4%
Sale Price Closed Sales Percent Year-over-YearChange
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
$150,000 - $199,999 (No Sales) N/A
$150,000 - $199,999 0 -100.0%
$50,000 - $99,999 0 N/A $100,000 - $149,999 0 N/A
number of property listings active at the end of the month
or more Inventory July 2021 July 2022 6050403020100 Less$50,000than $50,000
$400,000 - $599,999 28 -39.1%
Percent Year-over-YearChange
number of properties put onto the market during the month Inventory by Current Listing Price
$600,000 - $999,999 36 -28.0%
$150,000 - $199,999 0 -100.0%
Less than $50,000 0 N/A
Percent
$200,000 - $249,999 0 -100.0% $250,000 - $299,999 2 -81.8%
120100806040200 Less$50,000than $50,000 $99,999- $100,000 $149,999- $150,000 $199,999-
The
$300,000 - $399,999 8 -27.3%
ProducedbyFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022.
ListingsNew July 2021 July 2022 6050403020100120100806040200 Monthly Market Detail July 2022 Walton TownhousesCountyand Condos New Listings
Economists' note: New Listings tend to rise in delayed response to increasing prices, so they are often seen as a lagging indicator of market health. As prices rise, potential sellers raise their estimations of value—and in the most recent cycle, rising prices have freed up many potential sellers who were previously underwater on their mortgages. Note that in our calculations, we take care to not include propertiesthatwererecentlytakenoffthemarketandquicklyrelisted, sincethesearenotreally new listings.
$200,000 - $249,999 0 -100.0% $250,000 - $299,999 7 -22.2% $300,000 - $399,999 16 -15.8%
$50,000 - $99,999 0 N/A $100,000 - $149,999 0 N/A
The
Current Listing Price Inventory
Initial Listing Price New Listings Year-over-YearChange
Less than $50,000 0 N/A $200,000 $249,999- $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 $99,999- $149,999- $150,000 $199,999- $200,000 $249,999- $250,000 $299,999- $300,000 $399,999- $400,000 $599,999- $600,000 $999,999- $1,000,000 or more by
$100,000
Initial Listing Price
$400,000 - $599,999 77 2.7%
$1,000,000 or more 35 75.0%
$600,000 - $999,999 97 26.0% $1,000,000 or more 87 141.7%
Economists' note : Thereareanumberofwaystodefineandcalculate Inventory. Ourmethodistosimplycountthenumberofactivelistings onthelastdayofthemonth,andholdthisnumbertocomparewiththe samemonththefollowingyear. InventoryriseswhenNewListingsare outpacing the number of listings that go off-market (regardless of whethertheyactuallysell). Likewise,itfallswhenNewListingsaren't keepingupwiththerateatwhichhomesaregoingoff-market.
byFloridaRealtors®withdataprovidedbyFlorida'smultiplelistingservices.StatisticsforeachmonthcompiledfromMLSfeedsonthe15thdayofthefollowingmonth. DatareleasedonThursday,August18,2022.NextdatareleaseisWednesday,September21,2022. Short Sale 0 0 N/A (No Sales) (No Sales) N/A Foreclosure/REO 0 0 N/A (No Sales) (No Sales) N/A July 2022 July 2021 Percent Year-over-YearChange Traditional 66 122 -45.9% $695,000 $539,000 28.9% $300K$200K$100K$0K $400K $800K$700K$600K$500KPriceSaleMedian 100%90%80%70%60%50%40%30%20%10%0%SalesClosed Traditional Foreclosure/REO Short Sale J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J Monthly Distressed Market July 2022 Walton TownhousesCountyand Condos 2018 2019 2020 2021 2022 2018 2019 2020 2021 2022
Produced
Closed MedianClosedMedianClosedMedianSalesSalePriceSalesSalePriceSalesSalePrice