
ITB is proud to be a member of these fine organizations:
Building Industry Association of Okaloosa-Walton Counties, Inc.
Florida Home Builders Assn.
National Assn. of Home Builders
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Monitoring the Market Okaloosa County, Florida
1999 New Home Sales by Month
2000 New Home Sales by Month
New Homes Available for Sale by Price
1999 Previously Occupied Home Sales by Month
2000 Previously Occupied Home Sales by Month
Previously Occupied Homes Available for Sale by Price
1999 Condominium Sales by Month
2000 Condominium Sales by Month
Condominium Sales by Price Range
Condominium Sales by Type
State Origin of Condominium Buyers
Keep abreast of the housing and condominium market with the latest sales data from the Emerald Coast's leading expert in real estate trends: Bob Hutchison. For more a detailed analysis from Bob Hutchison or specific real estate transaction data, visit InfoLizard, covering Okaloosa, Walton and Santa Rosa Counties.
To Subscribe to the full version of the Hutchinson Report, contact: Robert
"Bob" Hutchinson, Florida Realty
P.O. Box
2196, Fort Walton Beach, FL 32549 850-244-6030
E-Mail:hutchison1@home.com
1999 New Home Sales By Month
|
Month |
Number of Sales |
Total Sales Value |
Average Sales Price |
|
January, 1999 |
40 |
5,441,100 |
136,028 |
February, 1999 |
56 |
6,923,200 |
123,629 |
March, 1999 |
59 |
8,706,700 |
147,571 |
April, 1999 |
89 |
12,124,700 |
136,233 |
May, 1999 |
60 |
8,042,600 |
134,043 |
June, 1999 |
72 |
12,209,100 |
169,571 |
July, 1999 |
86 |
12,908,100 |
150,094 |
August, 1999 |
68 |
9,580,400 |
140,888 |
September, 1999 |
64 |
8,559,900 |
133,748 |
October, 1999 |
63 |
8,450,500 |
134,135 |
November, 1999 |
68 |
8,522,900 |
125,337 |
December, 1999 |
69 |
9,657,700 |
139,967 |
1999 YTD Totals
|
794 units |
111,010,400 |
139,812 |
1998 YTD Comparison |
920 units |
112,234,570 |
121,994 |
1997 YTD Comparison |
768 units |
84,136,410 |
109,553 |
1996 YTD Comparison |
787 units |
84,509,800 |
118,196 |

2000 New Home Sales By Month
|
Month |
Number of Sales |
Total Sales Value |
Average Sales Price |
|
January, 2000 |
37 |
5,311,357 |
143,550 |
February, 2000 |
37 |
4,609,200 |
124,573 |
March, 2000 |
46 |
6,221,500 |
135,250 |
April, 2000 |
44 |
5,891,657 |
133,901 |
2000 YTD Totals
|
191 units |
25,446,114 |
133,226 |
New Homes Available For Sale, by Price
|
As of 03/01/00 |
Fort Walton |
Niceville |
Destin |
Crestview |
TOTAL |
Under $70,000 |
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43 |
68 |
50 |
232 |
Totals for 01/00 |
67 |
38 |
70 |
69 |
244/STRONG> |
Increase/ Decrease |
6.0% |
13.2% |
-2.9% |
-27.5% |
-4.9% |

|
Month |
Number of Sales |
Total Sales Value |
Average Sales Price |
|
January, 1999 |
153 |
18,068,600 |
118,095 |
February, 1999 |
207 |
25,337,700 |
122,404 |
March, 1999 |
202 |
22,662,400 |
112,190 |
April, 1999 |
257 |
31,393,400 |
122,153 |
May, 1999 |
279 |
32,435,840 |
116,257 |
June, 1999 |
287 |
35,085,500 |
122,249 |
July, 1999 |
264 |
32,980,000 |
124,924 |
August, 1999 |
268 |
35,587,300 |
132,788 |
September, 1999 |
212 |
24,331,100 |
114,769 |
October, 1999 |
227 |
26,268,000 |
115,718 |
November, 1999 |
209 |
24,731,800 |
118,334 |
December, 1999 |
204 |
22,961,150 |
112,555 |
1999 YTD Totals
|
2,768 units |
331,471,490 |
119,751 |
1998 YTD Comparison |
2,720 units |
322,469,700 |
118,555 |
1997 YTD Comparison |
2,522 units |
272,088,864 |
107,886 |
1996 YTD Comparison |
2,787 units |
283,283,742 |
101,645 |

|
Month |
Number of Sales |
Total Sales Value |
Average Sales Price |
|
January, 2000 |
157
|
19,357,257
|
123,295
|
February, 2000 |
165
|
19,950,157
|
120,910
|
March, 2000 |
276
|
31,301,086
|
113,410
|
|
April, 2000
|
225
|
34,306,100
|
152,472
|
2000 YTD Totals
|
823 units
|
104,914,600
|
127,478
|

Previously Occupied Homes Available For Sale, by Price
|
As of 03/01/00 |
Fort Walton |
Niceville |
Destin |
Crestview |
TOTAL |
|
Under $70,000 |
24 |
12 |
0 |
26 |
62 |
$70,000 to
$79,999 |
42 |
8 |
2 |
7 |
59 |
$80,000 to
$89,999 |
36 |
6 |
0 |
12 |
54 |
$90,000 to
$99,999 |
39 |
5 |
0 |
21 |
65 |
$100,000 to
$124,999 |
43 |
22 |
20 |
12 |
97 |
$125,000 to
$149,999 |
38 |
28 |
24 |
9 |
99 |
$150,000 to
$174,999 |
28 |
16 |
15 |
6 |
65 |
$175,000 to
$199,999 |
11 |
13 |
21 |
3 |
48 |
$200,000 to
$249,999 |
17 |
16 |
223
|
1 |
57 |
$250,000 to
$299,999 |
12 |
5 |
22 |
1 |
40 |
Over
$300,000 |
49 |
16 |
99 |
0 |
164 |
Totals for 02/00 |
339 |
147 |
226 |
98 |
810 |
Totals for 01/00 |
301 |
151 |
155 |
594 |
1,201 |
Increase/ Decrease |
11.2% |
-2.7% |
31.4% |
-506.1% |
-48.3% |

1999 Condominiums Sales By Month (New &
Previously Occupied)
|
Month |
New |
Resale |
Total Sales Value of New Units |
Total Sales Value of Resale Units |
Average New Sales Price |
Average Resale Price |
Average Price Per Square Foot New |
|
Jan. |
68 |
90 |
19,347,700 |
16,335,800 |
284,525 |
181,509 |
213.55 |
Feb. |
44 |
84 |
13,524,800 |
18,947,300 |
307,382 |
225,563 |
217.55 |
March |
58 |
120 |
12,439,200 |
24,299,600 |
214,469 |
202,497 |
204.45 |
April |
27 |
151 |
14,986,900 |
29,988,500 |
555,070 |
198,599 |
211.35 |
May |
61 |
149 |
27,554,900 |
33,198,800 |
451,720 |
222,811 |
193.31 |
June |
122 |
162 |
26,480,400 |
35,150,000 |
217,052 |
216,975 |
189.82 |
July |
56 |
128 |
15,777,900 |
27,409,300 |
281,748 |
214,135 |
188.35 |
Aug. |
121 |
141 |
39,075,000 |
30,527,800 |
322,934 |
216,509 |
190.12 |
Sept. |
77 |
134 |
19,232,000 |
30,242,900 |
249,766 |
225,693 |
192.56 |
Oct. |
50 |
114 |
10,756,802 |
25,096,000 |
215,316 |
220,140 |
212.20 |
Nov. |
148 |
113 |
53,006,100 |
21,420,300 |
358,149 |
189.560 |
193.92 |
Dec. |
105 |
98 |
27,617,700 |
18,627,200 |
263,026 |
190,073 |
207.28 |
1999 YTD Totals
|
937 |
1,484 |
279,799,402 |
311,243,500 |
298,612 |
209,733 |
215.47 |
2000 Condominiums Sales By Month (New &
Previously Occupied)
|
Month |
New |
Resale |
Total Sales Value of New Units |
Total Sales Value of Resale Units |
Average New Sales Price |
Average Resale Price |
Average Price Per Square Foot New |
|
Jan. 2000 |
76 |
87
|
24,500,222 |
17,891,600
|
322,371 |
205,651
|
260,073
|
|
Feb. 2000 |
46 |
54
|
12,810,400 |
11,070,114
|
278,487 |
205,002
|
238,805
|
|
March. 2000 |
31
|
44
|
8,231,300
|
10,237,543
|
265,526
|
232,671
|
246,251
|
2000 YTD Totals
|
153
|
185
|
45,541,922
|
39,199,257
|
297,660
|
211,888
|
250,714
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Condominium Sales by Price Range YTD
Price Range |
Total Units Sold |
Market Share |
Under $50,000 |
27
|
5.0%
|
$50,000 to $74,999 |
30
|
6.2%
|
$75,000 to $99,999 |
29
|
6.0%
|
$100,000 to $124,999 |
25
|
5.2%
|
$125,000 to $149,999 |
35
|
7.3%
|
$150,000 to $174,999 |
57
|
11.9%
|
$175,000 to $199,999 |
32
|
6.7%
|
$200,000 to $224,999 |
44
|
9.2%
|
$225,000 to $249,999 |
36
|
7.5%
|
$250,000 to $274,999 |
22
|
4.6%
|
$275,000 to $299,999 |
13
|
2.7%
|
$300,000 to $349,999 |
27
|
5.6%
|
$350,000 to $399,999 |
27
|
5.6%
|
$400,000 to $499,999 |
27
|
5.6%
|
Over $500,000 |
46
|
9.6%
|
Total Units |
477
|
100.0% |

Condominium Sales by Type
|
Total Units Sold |
Average Price per Square Foot |
Gulf Front |
193
|
241.63
|
Gulf Front/Golf Course |
14
|
317.54
|
Gulf Access |
13
|
137.28
|
Gulf Access/Gulf View |
57
|
166.09
|
Gulf Access/Golf Course |
20
|
163.08
|
Gulf Access/Canal Access |
4 |
161.53 |
Golf Course / Gulf Access, Bay Front |
2
|
160.52
|
Gulf Access/Lakefront/Golf Course |
1 |
264.59 |
Gulf Access/Lakefront |
5 |
130.68 |
Gulf Access / Interior |
1 |
90.58 |
Gulf View |
41
|
214.65
|
Harbor Front |
1 |
183.51 |
Bay Front |
15
|
120.02
|
Bay Front / Golf Course |
2 |
160.52 |
Sound Front |
10
|
146.10
|
Total Units |
338
|
198.71
|
State of Origin of Condo Buyers
State |
Number of Units |
Percentage of Total |
Alabama |
57
|
11.95%
|
Florida |
10
|
2.9%
|
Georgia |
81
|
16.9%
|
Louisiana |
21
|
4.4%
|
Mississippi |
12
|
2.5%
|
Tennessee |
45
|
9.4%
|
Texas |
17
|
3.5%
|
Local |
121
|
25.4%
|
Other |
113 |
23.9% |
Totals |
477
|
100.0% |
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