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You are here: Home / Photos / Rosemary Beach Property Report December 2016 Looks Steady

Rosemary Beach Property Report December 2016 Looks Steady

January 27, 2017 by Cole Blair

Rosemary Beach Property Report Statistics

rosemary beach property report

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.

 

 

Filed Under: Photos, Real Estate Tagged With: 30a, property report, rosemary beach

About Cole Blair

I have lived on 30A fourteen years, including the Rosemary Beach, Seagrove and Watercolor communities. As your personal licensed real estate consultant, I bring to you years of entrepreneurial passion, business acumen, inherent enthusiasm and high energy, plus strong determination to excel while serving your real estate needs.

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