Rosemary Beach North Market Report Statistics
Absorption rate in Rosemary Beach has jumped in a huge way by 97.47% year-over-year to 10.15 months vs. 5.14 months in May 2015. Year-to-date the change is 23.83% upwards to 7.95 months vs. 6.42 last year this time so we have more inventory to sell.
Average list price rose 36.84% year-over-year to $1,700,770 from last year’s price of $1,242,889 and year-to-date accelerated 34.03% to $1,711,171 from $1,276,732. The average sale price year-over-year is down 15.66% to $1,436,250 from last year’s $1,702,990 while year-to-date we are up 4.93% to $1,285,438 from last year’s price of $1,225,081.
Median list price exploded by 44.44% year-over-year to $1,625,000 from last year’s $1,11,25,000 and year-to-date rose 31.37% to $1,675,000 against $1,275,000 in 2015. Median sale price year-over-year is up 8.65% to $1,570,000 from last year’s price of $1,445,000. Year-to-date the price is down 11.90% from $1,260,000 to $1,110,000.
Average days on market are up 6.78% to 126 days from 118 year-over-year while year-to-date we are down 3.68% to 131 days from 136 last year this time.
Median days on market is way up 128.30% to 121 days from 53 year-over-year and year-to-date is down 1.60% to 123 days from 125.
Rosemary Beach North Market Report Volume
Total closed sales year-over-year is down 20% with 4 sales against last year’s 5. Year-to-date we are down 11.1% at 16 vs. 18.
Pending sales year-over-year are down 33.3% with 2 against last year’s 3. Year-to-date we are down 34.8% with 15 against last year’s 23.
Active listings are up 83.3% to 33 vs. 18 year-over-year. Year-to-date we are up just 4.3% with 49 vs. 47.
New listings are up 50% with 3 vs. last year’s 2 for the month and rose 23.8% with 26 against 21.
SUMMARY STATISTICS |
||||||
|---|---|---|---|---|---|---|
| May-16 | May-15 | % Chg | 2016 YTD | 2015 YTD | % Chg | |
| Absorption Rate | 10.15 | 5.14 | 97.47 | 7.95 | 6.42 | 23.83 |
| Average List Price | $1,700,770 | $1,242,889 | 36.84 | $1,711,171 | $1,276,732 | 34.03 |
| Median List Price | $1,625,000 | $1,125,000 | 44.44 | $1,675,000 | $1,275,000 | 31.37 |
| Average Sale Price | $1,436,250 | $1,702,990 | -15.66 | $1,285,438 | $1,225,081 | 4.93 |
| Median Sale Price | $1,570,000 | $1,445,000 | 8.65 | $1,110,000 | $1,260,000 | -11.9 |
| Average CDOM | 126 | 118 | 6.78 | 131 | 136 | -3.68 |
| Median CDOM | 121 | 53 | 128.30 | 123 | 125 | -1.60 |
