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Pete Smith, CFA Okaloosa County Property Appraiser

RESEARCH DATA: COMMERCIAL,VACANT LAND, & RESIDENTIAL PROPERTIES. Pete Smith, CFA Okaloosa County Property Appraiser. COMMERCIAL . LOCATION OF SALES (2008 VS. 2009). VACANT LAND & SUBDIVIDED LOTS . VACANT LAND/SUBDIVIDED LOT SALE LOCATIONS.

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Pete Smith, CFA Okaloosa County Property Appraiser

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  1. RESEARCH DATA: COMMERCIAL,VACANT LAND, & RESIDENTIAL PROPERTIES Pete Smith, CFA Okaloosa County Property Appraiser

  2. COMMERCIAL

  3. LOCATIONOF SALES (2008 VS. 2009)

  4. VACANT LAND & SUBDIVIDED LOTS

  5. VACANT LAND/SUBDIVIDED LOT SALE LOCATIONS

  6. 2009 RESIDENTIAL VACANT LAND AND LOT SUMMARY • Listing Volume -33% • Sales Volume -3% • Average List Price +14% • Average Sales Price (148 Qualified Sales)-9% • Sales Price as a percent of List Price +85% • Days on Market (262 Days Avg.) -34%

  7. CONDOMINIUMS AREAS OF STUDY • Destin • Fort Walton Beach • Niceville/Valparaiso

  8. 2008 - 2009 CONDO SUMMARY • Listing Volume -4% • Sales Volume -6% • Average List Price+3% • Average Sales Price (476 Qualified Sales) -21% • Sales Price as a percent of List Price +92% • Days on Market (222 Days Avg.) +5%

  9. RESIDENTIAL Includes: • Single Family Detached • Single Family Attached • Manufactured Homes • Condos

  10. SINGLE FAMILY RESIDENTIAL

  11. SINGLE FAMILY RESIDENTIAL TRANSACTIONS

  12. LOCATION OF SALES (2008 VS. 2009)

  13. AVERAGE LIST PRICE SINGLE FAMILY RESIDENTIAL PROPERTIES

  14. AVERAGE SALES PRICE SINGLE FAMILY RESIDENTIAL PROPERTIES

  15. AVERAGE DAYS ON THE MARKET ALL RESIDENTIAL PROPERTIES

  16. 2009 SINGLE FAMILY RESIDENTIAL SUMMARY • Listing Volume -14% • Average List Price +18% • Average Sales Price -12% • Sales Price as a percent of List Price +94% • Days on Market (132 Days Avg.) - 8%

  17. SUMMARY • Total 2008 Qualified Residential Sales Transactions: 1803 • Total 2009 Qualified Residential Sales Transactions: 2281 • 2008: 1803 / 12 Months = 150 Sales Per Month • 2009: 2281 / 12 Months = 190 Sales Per Month

  18. Our goal is to provide the citizens of Okaloosa County with fair and equitable assessments and outstanding customer service. Your comments and suggestions as to how we might improve these efforts are always welcomed. Pete Smith, CFA Okaloosa County Property Appraiser propertyappraiser@okaloosapa.com (850) 651-7240

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