Escambia County Statistics

AREA
REPORT

Escambia 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	595	649	-8.32%	6301	5696	10.62%
Sold Listings	552	617	-10.53%	5429	5439	-0.18%
Median List Price (Solds)	$306,200	$265,000	15.55%	$300,000	$249,900	20.05%
Median Sold Price	$305,200	$268,000	13.88%	$300,550	$250,000	20.22%
Median Days on Market	26	10	160%	11	10	10%
Average List Price (Solds)	$359,484	$314,424	14.33%	$360,771	$306,388	17.75%
Average Sold Price	$353,739	$313,275	12.92%	$357,765	$303,960	17.7%
Average Days on Market	37	31	19.35%	30	37	-18.92%
List/Sold Price Ratio	98.4%	99.7%	-1.3%	99.5%	99.7%	-0.16%

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.

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.