Rosemary Beach Market Report Statistics
Rosemary Beach market report stats are strong for the year but the sale price numbers stagnated a bit for the month of August while volume sales are up.
- Absorption rate zoomed upwards year-over-year from 7.5 months last August to 14.72 months so inventory is up.
- Average list price year-over-year is up 7.36% to $2,754,269 from $2,565,456.
- Average sale price fell 1.67% this August to $1,828,000 from $1,859,000 last August but for the year is up a whopping 42.20!
- Median list price dropped 6.36% year-over-year to $2,149,000 from last year’s $2,295,000 and is up 15.69% year-to-date.
- Median sale price plunged 8.86% to $1,595,000 against last year’s price of $1,750,000 and for the year is up 25.31%.
- Average days on market dropped 44.09% year-over-year to 71 days from 127 days but is up for the year 68.59%.
- Median days on market fell 70.64% to 32 days from 109 days and is up year-to-date by 22.41%.
Rosemary Beach Market Report Volume
- Sales volume was up for the month of August with 5 closings vs. 3 last year in August and year-to-date is 40 sales against 50.
- Pending sales were down 50% year-over-year with 4 vs. 8 last August.
- Active listings are up 44.4% with 65 vs. 45 last year.
- New listings are down 27.3% for the month with 8 against 11 last year.
SUMMARY STATISTICS |
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|---|---|---|---|---|---|---|
| Aug-16 | Aug-15 | % Chg | 2016 YTD | 2015 YTD | % Chg | |
| Absorption Rate | 14.72 | 7.5 | 96.27 | 12.35 | 8.54 | 44.61 |
| Average List Price | $2,754,269 | $2,565,456 | 7.36 | $2,827,160 | $2,160,480 | 30.86 |
| Median List Price | $2,149,000 | $2,295,000 | -6.36 | $2,024,500 | $1,750,000 | 15.69 |
| Average Sale Price | $1,828,000 | $1,859,000 | -1.67 | $2,489,675 | $1,750,819 | 42.20 |
| Median Sale Price | $1,595,000 | $1,750,000 | -8.86 | $1,782,500 | $1,422,500 | 25.31 |
| Average CDOM | 71 | 127 | -44.09 | 263 | $156 | 68.59 |
| Median CDOM | 32 | 109 | -70.64 | 142 | 116 | 22.41 |
