Walton County Florida Real Estate Report Year End 2016
February 14, 2017 by SoWal Staff
The latest local real estate report covers the entire year of 2016 and includes statistics for single family homes, townhomes, and condos in Walton County, Florida.
Single family closed sales were up 5.6% for 2016 compared to 2015. The percentage of closed sales paid in cash was up 2.8%. Inventory was up 5.7%. Median sales price was up 4.6%. Dollar volume up 12.6% totaling $1.5 Billion. Walton County single family home market appears to be continuing a healthy trend upward.
Months Supply of Inventory for Walton County was unchanged for 2016 compared with 2015 - each year's final number was 6.9 months supply of inventory.
From the report: Months Supply of Inventory 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.
The latest residential real estate report for 2016 in Walton County summarizes sales and listing statistics of single family homes. The Walton County Real Estate Report is produced by Florida REALTORS® and provided by the Emerald Coast Association of Realtors® (ECAR).
Click here to open the latest South Walton Real Estate Report in pdf format. The charts and graphs are informative and well done. Great work has been done compiling the real estate report. The Walton County Real Estate Report is a service by ECAR and is a wealth of information about closed sales, pending sales, cash sales, condo sales, townhome sales and more.
The Real Estate Report includes real estate information about Walton County on the Emerald Coast, including all areas of South Walton and Scenic 30A, Inlet Beach, Rosemary Beach, Seacrest, Alys Beach, WaterSound Beach, Seagrove, Seaside, WaterColor, Grayton Beach, Blue Mountain Beach, Santa Rosa Beach, Sandestin, and Miramar Beach.
Real estate sales statistics are generated on approximately the third week of each month. These statistics include information recorded in the Emerald Coast Association of Realtors® (ECAR) MLS system by ECAR MLS participants and subscribers, and do not include information entered by other associations or “for sale by owner” properties.
Statistics are accurate as of the date they were generated as indicated at the bottom of each report. Reports created at other times or under other circumstances may produce different results.