Santa Rosa County

FULL MARKET SUMMARY

September 2022 | All Property Types

	Month to Date			Year to Date
	September 2022	September 2021	% Change	YTD 2022	YTD 2021	% Change
New Listings	416	485	-14.23%	4546	4672	-2.7%
Sold Listings	381	488	-21.93%	3895	4326	-9.96%
Median List Price (Solds)	$364,000	$330,246	10.22%	$360,000	$305,000	18.03%
Median Sold Price	$359,900	$331,606	8.53%	$363,000	$309,500	17.29%
Median Days on Market	24	9	166.67%	11	9	22.22%
Average List Price (Solds)	$446,826	$374,266	19.39%	$423,136	$359,244	17.79%
Average Sold Price	$438,715	$373,398	17.49%	$421,114	$358,827	17.36%
Average Days on Market	38	37	2.7%	38	38	0%
List/Sold Price Ratio	98.5%	100.3%	-1.8%	100%	100.4%	-0.38%

SOLD AND NEW PROPERTIES (UNITS)

September 2022 | All Property Types

Sold Properties | Number of properties sold during the year
New Properties | Number of properties listed during the year.

MEDIAN SALES PRICE AND NUMBER OF SALES

September 2022 | All Property Types

Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Number of Sales | Number of properties sold.

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

September 2022 | All Property Types

Average Sales Price | Average sales price for all properties sold.
Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE

September 2022 | All Property Types

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.

AVERAGE SALES PRICE AND NUMBER OF PROPERTIES FOR SALE

September 2022 | All Property Types

Average Sales Price | Average sales price for all properties sold.
Properties for Sale | Number of properties listed for sale at the end of month.

PROPERTIES FOR SALE AND SOLD PROPERTIES

September 2022 | All Property Types

Properties for Sale | Number of properties listed for sale at the end of month.
Sold Properties | Number of properties sold.

AVERAGE ASKING/SOLD/UNSOLD PRICE

September 2022 | All Property Types

Unsold Price | the average active list price
Asking Price | the average asking price of sold properties
Sold Price | the average selling price

ABSORPTION RATE

September 2022 | All Property Types

Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.

MONTHS SUPPLY OF INVENTORY

September 2022 | All Property Types

Months Supply of Inventory | Properties for sale divided by number of properties sold.
Units Listed | Number of properties listed for sale at the end of month.
Units Sold | Number of properties sold.