Rosemary Beach Property Report Statistics

Rosemary Beach Property Report Stats

Rosemary Beach property report for December, 2016 shows a big jump overall for the year and a slight drop for the month compared to last December.

Inventory rose dramatically as months on market are up to 13.42 compared to last December’s 9.85 months and a 36.24% increase year-over-year while year-to-date we ended with 13.14 months against 8.64 in 2015 for a 52.31% increase.
Average list price fell 5.16% to $2,893,779 from last December’s price of $3,051,090 and year-to-date is up 21.89% to $2,817,216 from $2,311,198 last year. Average sale price year-over-year was also down 3.67% dropping to $1,553,869 vs. last December’s price of $1,613,000 while year-to-date the price exploded by 38.64% to $2,410,000 from $1,738,345.
Median list price is barely down just 0.21% year-over-year to $2,199,500 from $2,195,000 in 2015 and year-to-date boomed by 15.98% to $2,050,000 from last year’s price of $1,767,500. Median sale price fell year-over-year by 12.84% to $1,385,000 from $1,589,000 while year-to-date it rose 22.15% to $1,765,000 from last year’s $1,445,000.
Average days on market rose wildly by 279.31% to 330 days from 87 last December and year-to-date is up 37.72% to 230 days vs. 167 days.
Median days on market jumped 115.24% to 226 days against 105 year-over-year and year-to-date is down 7.76% to 107 days again 116 last year.

Rosemary Beach Property Report Volume

We had 5 closed sales in December against 3 last December for a 66.7% jump. Year-to-date Rosemary Beach was down 6.2% with 61 sales vs. 65 total for 2015.
Pending sales year-over-year are down 33.3% with 2 vs. 3 last December and year-to-date fell 4.2% with 68 vs. 71 so it’s close.
Active listings are up year-over-year by 20% with 66 against last year’s 55 and year-to-date up 0.7% with 153 vs. 152.
New listings were up 150% year-over-year with 5 vs. 2 last December and year-to-date is up 5.2% with 101 against last year’s 96.