Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
9.9%
23 -21.7%
Percent Change
Year-over-Year
43.5%
274 1.1%
Closed Sales
33
84.6%
9.3 -18.8%
November 2015
Average Sale Price
Median Days on Market
93.0%
18
Average Percent of Original List
Price Received
Pending Inventory
Inventory (Active Listings)
Month
277
Months Supply of Inventory 7.6
Summary Statistics
Closed Sales
Paid in Cash
$160,339
November 2015
20New Pending Sales
New Listings
Median Sale Price
November 2014Percent Change
Year-over-Year
11 6 83.3%
33 23 43.5%
25 -20.0%
$140,000 $108,900 28.6%
40 31 29.0%
$126,885 26.4%
95 139 -31.7%
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 using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
July 2015 37
June 2015 43
May 2015 42
December 2014 45
November 2014 23
April 2015 41
March 2015 51
-20.7%
February 2015 27
January 2015 14
-3.6%
-41.7%
95.7%
23.3%
19.4%
13.9%
82.1%
23.5%
October 2015 38 40.7%
-22.2%
44.4%
September 2015 28
August 2015 39
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 A S O N
Monthly Market Detail - November 2015
Wakulla County Single Family Homes
0
10
20
30
40
50
60
Clo
sed
Sal
es
2011 2012 2013 2014 2015
Closed Sales The number of sales transactions which closed during the month
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
Month Cash SalesPercent Change
Year-over-Year
November 2015 11 83.3%
October 2015 15 36.4%
September 2015 10 0.0%
August 2015 8 -20.0%
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
July 2015 8 -11.1%
June 2015 9 -30.8%
May 2015 6 -53.8%
April 2015 15 36.4%
March 2015 20 100.0%
February 2015 11 37.5%
January 2015 6 -40.0%
December 2014 15 150.0%
November 2014 6 -25.0%
MonthPercent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
November 2015 33.3% 27.8%
October 2015 39.5% -3.1%
September 2015 35.7% 28.6%
August 2015 20.5% -44.6%
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
July 2015 21.6% -27.9%
June 2015 20.9% -42.0%
May 2015 14.3% -62.6%
April 2015 36.6% 19.7%
March 2015 39.2% 9.8%
February 2015 40.7% 42.6%
January 2015 42.9% 2.9%
December 2014 33.3% 27.8%
November 2014 26.1% -5.4%
0%
20%
40%
60%
80%
Pct
. of
Clo
sed
Sa
les
Pai
d in
Cas
h
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 A S O N
0
5
10
15
20
25
Cas
h S
ale
s
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 A S O N
Monthly Market Detail - November 2015
2011 2012 2013 2014 2015
Wakulla County Single Family Homes
Cash Sales The number of Closed Sales during the month in which buyers exclusively paid in cash
2011 2012 2013 2014 2015
Cash Sales as a Percentage of Closed Sales The percentage of Closed Sales during the month which were Cash Sales
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
Month
MonthPercent Change
Year-over-YearNew Listings
55.6%56October 2015
29.0%40November 2015
43.8%
0.0%
-20.0%
60.0%
-7.7%
63.6%
43.8%69August 2015
4.5%46September 2015
-32.6%31November 2014
2.6%40December 2014
15.6%52January 2015
-5.0%57February 2015
-16.7%45
25
21
23
25
-7.4%
16.7%
23.3%53
0.0%52
76.3%67
20.4%65
76.5%
40.7%
46.9%
-5.9%
69.2%
36
Percent Change
Year-over-YearNew Pending Sales
20
32
24
30
38
47
32
44
November 2015
October 2015
September 2015
August 2015
July 2015Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
Economists' note : In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
January 2015
December 2014
November 2014
June 2015
May 2015
April 2015
March 2015
February 2015
March 2015
April 2015
May 2015
June 2015
July 2015
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 A S O N
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 A S O N
0
20
40
60
80
Ne
w L
isti
ngs
0
10
20
30
40
50
Pe
nd
ing
Sale
s Monthly Market Detail - November 2015
2011 2012 2013 2014 2015
Wakulla County Single Family Homes
New Pending Sales The number of property listings that went from "Active" to "Pending" status during the month
2011 2012 2013 2014 2015
New Listings The number of properties put onto the market during the month
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
October 2015 $156,000 11.4%
Median Sale PricePercent Change
Year-over-Year
November 2015 $140,000 28.6%
Month
September 2015 $143,500 0.7%
August 2015 $148,400 -1.6%
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area.
July 2015 $145,000 -9.4%
June 2015 $171,500 33.2%
May 2015 $146,000 24.0%
April 2015 $145,000 0.0%
March 2015 $123,000 11.9%
February 2015 $145,000 10.6%
January 2015 $132,500 59.6%
October 2015 $164,755 13.7%
December 2014 $130,000 -13.3%
November 2014 $108,900 -18.7%
Average Sale PricePercent Change
Year-over-Year
November 2015 $160,339 26.4%
Month
September 2015 $150,682 7.3%
August 2015 $153,188 7.1%
Economists' note : As noted above, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is analyzed
alongside the Median Sale Price. For one, the relative difference
between the two statistics can provide some insight into the market for
higher-end homes in an area.
July 2015 $164,405 -1.5%
June 2015 $197,873 52.6%
May 2015 $162,282 32.4%
April 2015 $176,519 21.6%
March 2015 $141,803 18.0%
February 2015 $154,256 7.8%
January 2015 $145,202 24.9%
December 2014 $152,744 11.4%
November 2014 $126,885 -10.1%
$100K
$120K
$140K
$160K
$180K
$200K
$220K
Ave
rage
Sal
e
Pri
ce
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 A S O N
$70K
$90K
$110K
$130K
$150K
$170K
$190K
Me
dia
n S
ale
Pri
ce
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 A S O N
Monthly Market Detail - November 2015
2011 2012 2013 2014 2015
Wakulla County Single Family Homes
Median Sale Price The median sale price reported for the month (i.e. 50% of sales were above and 50% of sales were below)
2011 2012 2013 2014 2015
Average Sale Price The average sale price reported for the month (i.e. total sales in dollars divided by the number of sales)
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
October 2015 76 5.6%
Median Days on
Market
Percent Change
Year-over-Year
November 2015 95 -31.7%
Month
September 2015 83 7.8%
August 2015 79 -25.5%
Economists' note : Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
July 2015 105 -30.9%
June 2015 78 -19.6%
May 2015 104 5.1%
April 2015 73 -9.9%
March 2015 157 121.1%
February 2015 92 8.2%
January 2015 110 25.0%
October 2015 92.6% 3.9%
December 2014 104 -4.6%
November 2014 139 13.0%
Avg. Pct. of Orig. List
Price Received
Percent Change
Year-over-Year
November 2015 93.0% 9.9%
Month
September 2015 92.1% -1.0%
August 2015 93.8% 5.7%
Economists' note : The Average Percent of Original List Price Received
is an indicator of market conditions, in that in a recovering market, the
measure rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure to
indicate a market that has shifted from down to up, and is another
lagging indicator.
July 2015 94.6% 7.0%
June 2015 94.7% 1.2%
May 2015 93.7% 3.5%
April 2015 91.8% 1.4%
March 2015 86.7% -2.4%
February 2015 92.4% 1.5%
January 2015 92.1% 0.9%
December 2014 89.8% -0.4%
November 2014 84.6% -5.7%
65%
75%
85%
95%
105%
Avg
. Pct
. o
f O
rig.
Li
st P
rice
R
ece
ive
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 A S O N D J F M A M J J A S O N
0
50
100
150
200
250
300
Me
dia
n D
ays
on
M
arke
t
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 A S O N
Monthly Market Detail - November 2015
2011 2012 2013 2014 2015
Wakulla County Single Family Homes
Median Days on Market The median number of days that properties sold during the month were on the market
2011 2012 2013 2014 2015
Average Percent of Original List Price Received The average of the sale price (as a percentage of the original list price) across all properties selling during the month
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
October 2015 277 -6.4%
InventoryPercent Change
Year-over-Year
November 2015 277 1.1%
Month
September 2015 271 -9.4%
August 2015 275 -10.4%
Economists' note : There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
July 2015 264 -12.6%
June 2015 257 -12.9%
May 2015 251 -18.5%
April 2015 273 -12.2%
March 2015 271 -16.4%
February 2015 281 -9.4%
January 2015 263 -7.4%
October 2015 7.8 -21.7%
December 2014 261 -8.7%
November 2014 274 -3.5%
Months SupplyPercent Change
Year-over-Year
November 2015 7.6 -18.8%
Month
September 2015 7.8 -22.0%
August 2015 7.8 -26.0%
Economists' note : This is an indicator of the state of the market,
whether it is a buyers' market or a sellers' market. The benchmark for
a balanced market (favoring neither buyer nor seller) is 5.5 Months of
Inventory. Higher numbers indicate a buyers' market, lower numbers
a sellers' market.
July 2015 7.7 -24.4%
June 2015 7.6 -25.1%
May 2015 7.5 -31.2%
April 2015 8.4 -24.3%
March 2015 8.4 -30.0%
February 2015 9.3 -19.8%
January 2015 8.7 -20.9%
December 2014 8.4 -26.1%
November 2014 9.3 -16.1%
100
200
300
400
500
Inve
nto
ry
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 A S O N
Monthly Market Detail - November 2015
2011 2012 2013 2014 2015
Wakulla County Single Family Homes
Inventory (Active Listings) The number of property listings active at the end of the month
6.0
11.0
16.0
21.0
26.0
Mo
nth
s Su
pp
ly o
f In
ven
tory
2011 2012 2013 2014 2015
Months Supply of Inventory An estimate of the number of months it will take to deplete the current Inventory given recent sales rates
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 A S O N
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
$600,000 - $999,999 (No Sales) N/A
$1,000,000 or more (No Sales) N/A
Economists' note: Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
$150,000 - $199,999 109 32.9%
$200,000 - $249,999 92 -45.9%
$250,000 - $299,999
$400,000 - $599,999 (No Sales) N/A
271 153.3%
$300,000 - $399,999 460 N/A
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 using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Sale PriceMedian Days on
Market
Percent Change
Year-over-Year
Less than $50,000 142 -34.3%
$1,000,000 or more 0 N/A
$250,000 - $299,999 3 200.0%
$300,000 - $399,999 1 N/A
$50,000 - $99,999 19 -87.7%
$100,000 - $149,999
$400,000 - $599,999 0 N/A
$600,000 - $999,999 0 N/A
120 3.4%
$150,000 - $199,999 5 25.0%
$200,000 - $249,999 7 133.3%
$100,000 - $149,999 12 140.0%
Sale Price Closed SalesPercent Change
Year-over-Year
Less than $50,000 2 -33.3%
$50,000 - $99,999 3 -57.1%
0
2
4
6
8
10
12
14
Less than $50,000
$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
Clo
sed
Sal
es
November 2014 November 2015
0
2
4
6
8
10
12
14
0
100
200
300
400
500
Less than $50,000
$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
Me
dia
n D
ays
on
Mar
ket
November 2014 November 2015
0
100
200
300
400
500
Monthly Market Detail - November 2015
Wakulla County Single Family Homes
Closed Sales by Sale Price The number of sales transactions which closed during the month
Median Days on Market by Sale Price The median number of days that properties sold during the month were on the market
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
$600,000 - $999,999 6 -33.3%
$1,000,000 or more 1 -50.0%
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
$150,000 - $199,999 68 17.2%
$200,000 - $249,999 34 -2.9%
$250,000 - $299,999 18 28.6%
$300,000 - $399,999 32 3.2%
$400,000 - $599,999 18 -33.3%
$50,000 - $99,999 39 0.0%
$100,000 - $149,999 50 0.0%
Current Listing Price InventoryPercent Change
Year-over-Year
Less than $50,000 11 22.2%
$600,000 - $999,999 0 N/A
$1,000,000 or more 0 N/A
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
$150,000 - $199,999 5 -28.6%
$200,000 - $249,999 13 160.0%
$250,000 - $299,999 1 -50.0%
$300,000 - $399,999 4 33.3%
$400,000 - $599,999 0 -100.0%
$50,000 - $99,999 4 -42.9%
$100,000 - $149,999 11 120.0%
Initial Listing Price New ListingsPercent Change
Year-over-Year
Less than $50,000 2 100.0%
0
2
4
6
8
10
12
14
Less than $50,000
$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
Ne
w L
isti
ngs
November 2014 November 2015
0 10 20 30 40 50 60 70 80
Less than $50,000
$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
Inve
nto
ry
November 2014 November 2015
0 10 20 30 40 50 60 70 80
0
2
4
6
8
10
12
14
Monthly Market Detail - November 2015
Wakulla 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
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
Closed Sales
Median Sale Price
A
M
J
J
A
S
O
N
D
J
F
M
A
M
J
J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Tuesday, December 22, 2015. Next data release is Friday, January 22, 2016.
Short Sale
2 1 100.0%
$107,500 $232,000 -53.7%
Foreclosure/REO
9 10 -10.0%
$75,000 $67,000 11.9%
November 2015 November 2014Percent Change
Year-over-Year
Traditional
22 12 83.3%
$179,200 $157,500 13.8%
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Me
dia
n S
ale
Pri
ce
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Clo
sed
Sal
es
Traditional Foreclosure/REO Short Sale
2011 2012 2013 2014 2015
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 A S O N
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 A S O N
Monthly Distressed Market - November 2015
Wakulla County Single Family Homes
2011 2012 2013 2014 2015