The document provides monthly real estate market statistics for Walton County for January 2014. Some key figures include: - Closed sales increased 35.8% year-over-year to 110 homes in January 2014. - Cash sales increased 16.1% year-over-year to 36 homes. - New pending sales were unchanged at 162 homes compared to January 2013. - New listings increased 18.3% year-over-year to 252 homes. - The median sale price rose 1.7% to $385,000 while the average sale price increased 22.4% to $556,049.

1. Monthly Market Detail - January 2014
Single Family Homes
Walton County
January 2014
January 2013
Percent Change
Year-over-Year
110
81
35.8%
Paid in Cash
36
31
16.1%
New Pending Sales
162
162
0.0%
New Listings
252
213
18.3%
Median Sale Price
$385,000
$378,750
1.7%
Average Sale Price
$556,049
$454,335
22.4%
80
85
-5.9%
91.5%
91.8%
-0.3%
321
339
-5.3%
Inventory (Active Listings)
1,292
1,082
19.4%
Months Supply of Inventory
9.1
8.5
7.0%
Closed Sales
Percent Change
Year-over-Year
110
135
136
113
145
153
145
170
178
148
151
115
81
35.8%
-12.3%
22.5%
-6.6%
34.3%
4.8%
1.4%
21.4%
14.8%
10.4%
20.8%
9.5%
8.0%
Summary Statistics
Closed Sales
Median Days on Market
Average Percent of Original List
Price Received
Pending Inventory
Month
Closed Sales
The number of sales transactions which closed during
the month
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Closed Sales
200
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
2013
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

2. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Month
Cash Sales
The number of Closed Sales during the month in which
buyers exclusively paid in cash
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
60
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Cash Sales
Percent Change
Year-over-Year
36
49
48
42
53
43
39
43
49
49
43
43
31
16.1%
2.1%
60.0%
20.0%
60.6%
19.4%
0.0%
19.4%
-5.8%
11.4%
-2.3%
48.3%
29.2%
2013
Cash Sales
50
40
30
20
10
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the month
which were Cash Sales
Pct. of Closed
Sales Paid in Cash
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
44%
2010
2011
Month
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Percent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
32.7%
36.3%
35.3%
37.2%
36.6%
28.1%
26.9%
25.3%
27.5%
33.1%
28.5%
37.4%
38.3%
-14.5%
16.5%
30.6%
28.5%
19.6%
14.0%
-1.4%
-1.6%
-17.9%
0.8%
-19.1%
35.4%
19.6%
2013
39%
34%
29%
24%
19%
14%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

3. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Month
New Pending Sales
The number of property listings that went from
"Active" to "Pending" status during the month
Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
2010
Pending Sales
250
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
New Pending Sales
Percent Change
Year-over-Year
162
95
131
136
137
148
167
169
210
182
185
178
162
0.0%
-4.0%
7.4%
-14.5%
7.0%
11.3%
1.2%
10.5%
47.9%
13.0%
12.8%
54.8%
45.9%
2013
200
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
New Listings
The number of properties put onto the market during
the month
Economists' note : In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
New Listings
400
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
New Listings
Percent Change
Year-over-Year
252
142
221
237
209
224
186
250
244
254
279
206
213
18.3%
19.3%
26.3%
44.5%
35.7%
2.3%
-4.6%
30.2%
-10.0%
23.9%
11.2%
13.2%
33.1%
2013
300
200
100
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

4. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Month
Median Sale Price
The median sale price reported for the month (i.e. 50%
of sales were above and 50% of sales were below)
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area.
Median Sale Price
$420K
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Median Sale Price
Percent Change
Year-over-Year
$385,000
$300,000
$320,000
$293,950
$319,000
$375,000
$399,900
$333,928
$352,500
$375,000
$333,853
$309,025
$378,750
1.7%
-12.2%
-13.5%
-6.7%
1.8%
38.9%
25.0%
3.1%
11.7%
21.2%
17.5%
-1.9%
48.5%
2013
$370K
$320K
$270K
$220K
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
Average Sale Price
The average sale price reported for the month (i.e.
total sales in dollars divided by the number of sales)
Average Sale
Price
Economists' note : As noted above, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is analyzed
alongside the Median Sale Price. For one, the relative difference
between the two statistics can provide some insight into the market for
higher-end homes in an area.
$850K
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Average Sale Price
Percent Change
Year-over-Year
$556,049
$484,568
$585,945
$446,643
$539,168
$590,055
$745,663
$512,408
$599,396
$605,141
$495,592
$506,412
$454,335
22.4%
-9.3%
1.3%
-0.9%
12.6%
45.1%
42.0%
6.0%
32.9%
18.1%
11.6%
9.2%
-4.4%
2013
$750K
$650K
$550K
$450K
$350K
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

5. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Month
Median Days on Market
The median number of days that properties sold during
the month were on the market
Economists' note : Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
Median Days on
Market
300
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Median Days on
Market
Percent Change
Year-over-Year
80
69
75
54
65
78
100
88
106
111
159
149
85
-5.9%
-31.0%
-38.5%
-60.3%
-37.5%
-36.1%
-9.1%
-14.6%
-18.5%
-17.2%
-2.5%
-5.1%
-37.5%
2013
250
200
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Average Percent of Original List Price Received
The average of the sale price (as a percentage of the original list
price) across all properties selling during the month
Avg. Pct. of Orig.
List Price
Received
Economists' note : The Average Percent of Original List Price Received
is an indicator of market conditions, in that in a recovering market, the
measure rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure to
indicate a market that has shifted from down to up, and is another
lagging indicator.
100%
2010
2011
Month
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Avg. Pct. of Orig. List
Price Received
Percent Change
Year-over-Year
91.5%
94.6%
94.3%
93.5%
93.1%
92.9%
92.4%
92.8%
92.4%
94.4%
90.6%
92.1%
91.8%
-0.3%
3.8%
3.1%
3.2%
4.8%
0.9%
3.1%
0.1%
1.8%
7.4%
0.2%
5.6%
3.6%
2013
95%
90%
85%
80%
75%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

6. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Month
Inventory (Active Listings)
The number of property listings active at the end of
the month
Economists' note : There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
2,100
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Inventory
Percent Change
Year-over-Year
1,292
1,306
1,319
1,292
1,261
1,218
1,181
1,211
1,160
1,187
1,137
1,092
1,082
19.4%
15.9%
14.5%
9.7%
-1.3%
-9.8%
-12.1%
-13.9%
-18.9%
-15.8%
-20.6%
-24.4%
-25.5%
2013
Inventory
1,900
1,700
1,500
1,300
1,100
900
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
Months Supply of Inventory
An estimate of the number of months it will take to
deplete the current Inventory given recent sales rates
Economists' note : This 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.
Months Supply of
Inventory
27.0
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Months Supply
Percent Change
Year-over-Year
9.1
9.4
9.4
9.3
9.1
8.9
8.7
8.9
8.7
9.1
8.8
8.5
8.5
7.0%
5.3%
0.1%
-3.0%
-14.6%
-20.6%
-24.6%
-26.9%
-29.1%
-27.6%
-32.4%
-34.7%
-35.8%
2013
22.0
17.0
12.0
7.0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

7. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Less than $50,000
2
-33.3%
$50,000 - $99,999
7
75.0%
3
-57.1%
$150,000 - $199,999
10
42.9%
$200,000 - $249,999
15
25.0%
$250,000 - $299,999
9
50.0%
$300,000 - $399,999
10
66.7%
$400,000 - $599,999
17
-19.0%
$600,000 - $999,999
24
300.0%
$1,000,000 or more
The number of sales transactions which closed during
the month
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
30
Percent Change
Year-over-Year
$100,000 - $149,999
Closed Sales by Sale Price
January 2013
Closed Sales
13
44.4%
Sale Price
January 2014
30
25
20
20
15
15
10
10
5
Closed Sales
25
5
0
0
Less than
$50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
$50,000 $99,999
$100,000 $149,999
Median Days
on Market
74
-73.7%
$50,000 - $99,999
63
-35.7%
86
-14.0%
118
42.2%
$200,000 - $249,999
44
-27.9%
$250,000 - $299,999
112
60.0%
$300,000 - $399,999
80
-25.9%
$400,000 - $599,999
38
-35.6%
$600,000 - $999,999
69
1625.0%
$1,000,000 or more
Economists' note: Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
Less than
$50,000
Less than $50,000
$150,000 - $199,999
The median number of days that properties sold during
the month were on the market
January 2013
Percent Change
Year-over-Year
$100,000 - $149,999
Median Days on Market by Sale Price
350
300
250
200
150
100
50
0
Median Days on
Market
186
-42.1%
Sale Price
January 2014
$150,000 $199,999
$200,000 $249,999
350
300
250
200
150
100
50
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

8. Monthly Market Detail - January 2014
Single Family Homes
Walton County
Initial Listing Price
January 2013
New Listings
50
2
-50.0%
$50,000 - $99,999
12
20.0%
10
-9.1%
11
-54.2%
$200,000 - $249,999
34
54.5%
$250,000 - $299,999
33
50.0%
$300,000 - $399,999
34
-12.8%
$400,000 - $599,999
36
20.0%
$600,000 - $999,999
43
152.9%
$1,000,000 or more
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
Less than $50,000
$150,000 - $199,999
The number of properties put onto the market during
the month
Percent Change
Year-over-Year
$100,000 - $149,999
New Listings by Initial Listing Price
New Listings
37
8.8%
January 2014
50
40
40
30
30
20
20
10
10
0
0
Less than
$50,000
$50,000 $99,999
$100,000 $149,999
$150,000 $199,999
$200,000 $249,999
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
$50,000 $99,999
$100,000 $149,999
Inventory
14
7.7%
$50,000 - $99,999
50
0.0%
51
21.4%
82
6.5%
$200,000 - $249,999
107
-5.3%
$250,000 - $299,999
115
51.3%
$300,000 - $399,999
157
14.6%
$400,000 - $599,999
208
32.5%
$600,000 - $999,999
217
50.7%
$1,000,000 or more
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
Less than
$50,000
Less than $50,000
$150,000 - $199,999
The number of property listings active at the end of
the month
January 2013
Percent Change
Year-over-Year
$100,000 - $149,999
Inventory by Current Listing Price
350
300
250
200
150
100
50
0
Inventory
291
6.6%
Current Listing Price
January 2014
$150,000 $199,999
$200,000 $249,999
350
300
250
200
150
100
50
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

9. Monthly Distressed Market - January 2014
Single Family Homes
Walton County
January 2014
Percent Change
Year-over-Year
93
62
50.0%
$453,200
$375,000
20.9%
9
8
12.5%
$87,000
$135,500
-35.8%
8
Closed Sales
January 2013
11
-27.3%
$212,000
$437,500
-51.5%
Traditional
Median Sale Price
Closed Sales
Foreclosure/REO
Median Sale Price
Closed Sales
Short Sale
Median Sale Price
2010
2011
Traditional
2012
Foreclosure/REO
2013
Short Sale
100%
90%
Closed Sales
80%
70%
60%
50%
40%
30%
20%
10%
0%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
$600,000
Median Sale Price
$500,000
$400,000
$300,000
$200,000
$100,000
$0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
2010
2011
2012
2013
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

10. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
January 2014
January 2013
Percent Change
Year-over-Year
56
40
40.0%
Paid in Cash
23
21
9.5%
New Pending Sales
86
69
24.6%
New Listings
116
109
6.4%
Median Sale Price
$262,500
$210,000
25.0%
Average Sale Price
$341,196
$279,428
22.1%
73
140
-47.9%
91.9%
86.9%
5.8%
Pending Inventory
95
112
-15.2%
Inventory (Active Listings)
711
651
9.2%
Months Supply of Inventory
9.5
9.0
5.1%
Closed Sales
Percent Change
Year-over-Year
56
81
61
73
76
89
87
86
82
75
73
59
40
40.0%
9.5%
-10.3%
-6.4%
28.8%
9.9%
22.5%
11.7%
-2.4%
-5.1%
-18.0%
-7.8%
-33.3%
Summary Statistics
Closed Sales
Median Days on Market
Average Percent of Original List
Price Received
Month
Closed Sales
The number of sales transactions which closed during
the month
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Closed Sales
120
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
2013
100
80
60
40
20
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

11. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Month
Cash Sales
The number of Closed Sales during the month in which
buyers exclusively paid in cash
Economists' note : Cash Sales can be a useful indicator of the extent to
which investors are participating in the market. Why? Investors are
far more likely to have the funds to purchase a home available up front,
whereas the typical homebuyer requires a mortgage or some other
form of financing. There are, of course, many possible exceptions, so
this statistic should be interpreted with care.
Cash Sales
80
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Cash Sales
Percent Change
Year-over-Year
23
38
30
29
40
38
41
38
44
36
35
33
21
9.5%
15.2%
-21.1%
-29.3%
14.3%
-15.6%
-10.9%
-5.0%
4.8%
-14.3%
-35.2%
17.9%
-38.2%
2013
60
40
20
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Cash Sales as a Percentage of Closed Sales
The percentage of Closed Sales during the month
which were Cash Sales
Pct. of Closed
Sales Paid in Cash
Economists' note : This statistic is simply another way of viewing
Cash Sales. The remaining percentages of Closed Sales (i.e. those not
paid fully in cash) each month involved some sort of financing, such as
mortgages, owner/seller financing, assumed loans, etc.
75%
2010
2011
Month
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Percent of Closed
Sales Paid in Cash
Percent Change
Year-over-Year
41.1%
46.9%
49.2%
39.7%
52.6%
42.7%
47.1%
44.2%
53.7%
48.0%
47.9%
55.9%
52.5%
-21.8%
5.2%
-12.0%
-24.4%
-11.3%
-23.1%
-27.3%
-14.9%
7.3%
-9.7%
-21.0%
27.8%
-7.4%
2013
65%
55%
45%
35%
25%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

12. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Month
New Pending Sales
The number of property listings that went from
"Active" to "Pending" status during the month
Economists' note : Because of the typical length of time it takes for a
sale to close, economists consider Pending Sales to be a decent
indicator of potential future Closed Sales. It is important to bear in
mind, however, that not all Pending Sales will be closed successfully.
So, the effectiveness of Pending Sales as a future indicator of Closed
Sales is susceptible to changes in market conditions such as the
availability of financing for homebuyers and the inventory of
distressed properties for sale.
2010
Pending Sales
120
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
New Pending Sales
Percent Change
Year-over-Year
86
53
70
80
61
84
95
101
96
65
104
81
69
24.6%
8.2%
29.6%
-13.0%
-6.2%
12.0%
33.8%
26.3%
11.6%
-13.3%
19.5%
0.0%
-9.2%
2013
100
80
60
40
20
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
New Listings
The number of properties put onto the market during
the month
Economists' note : In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
New Listings
250
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
New Listings
Percent Change
Year-over-Year
116
76
87
141
101
111
96
111
130
102
126
109
109
6.4%
20.6%
20.8%
64.0%
3.1%
16.8%
2.1%
19.4%
49.4%
-3.8%
24.8%
11.2%
-6.8%
2013
200
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

13. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Month
Median Sale Price
The median sale price reported for the month (i.e. 50%
of sales were above and 50% of sales were below)
Economists' note : Median Sale Price is our preferred summary
statistic for price activity because, unlike Average Sale Price, Median
Sale Price is not sensitive to high sale prices for small numbers of
homes that may not be characteristic of the market area.
Median Sale Price
$360K
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Median Sale Price
Percent Change
Year-over-Year
$262,500
$310,000
$272,500
$300,000
$320,000
$270,000
$288,840
$233,625
$257,750
$260,000
$250,000
$219,000
$210,000
25.0%
18.1%
8.6%
39.5%
48.4%
8.0%
20.4%
-18.0%
21.4%
-3.7%
20.8%
5.2%
-3.6%
2013
$310K
$260K
$210K
$160K
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
Average Sale Price
The average sale price reported for the month (i.e.
total sales in dollars divided by the number of sales)
Average Sale
Price
Economists' note : As noted above, we prefer Median Sale Price over
Average Sale Price as a summary statistic for home prices. However,
Average Sale Price does have its uses—particularly when it is analyzed
alongside the Median Sale Price. For one, the relative difference
between the two statistics can provide some insight into the market for
higher-end homes in an area.
$450K
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Average Sale Price
Percent Change
Year-over-Year
$341,196
$378,191
$345,347
$427,383
$431,620
$365,793
$364,601
$341,176
$323,547
$339,141
$358,556
$299,706
$279,428
22.1%
13.0%
6.0%
72.1%
29.1%
13.8%
28.0%
-19.1%
1.7%
13.1%
38.9%
3.6%
-15.2%
2013
$400K
$350K
$300K
$250K
$200K
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

14. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Month
Median Days on Market
The median number of days that properties sold during
the month were on the market
Economists' note : Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
Median Days on
Market
300
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Median Days on
Market
Percent Change
Year-over-Year
73
75
104
63
94
74
102
66
90
94
183
136
140
-47.9%
36.4%
9.5%
-38.8%
-49.2%
-27.5%
-31.5%
-60.9%
-21.1%
-45.0%
40.8%
-18.6%
-27.8%
2013
250
200
150
100
50
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Average Percent of Original List Price Received
The average of the sale price (as a percentage of the original list
price) across all properties selling during the month
Avg. Pct. of Orig.
List Price
Received
Economists' note : The Average Percent of Original List Price Received
is an indicator of market conditions, in that in a recovering market, the
measure rises as buyers realize that the market may be moving away
from them and they need to match the selling price (or better it) in
order to get a contract on the house. This is usually the last measure to
indicate a market that has shifted from down to up, and is another
lagging indicator.
95%
2010
2011
Month
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Avg. Pct. of Orig. List
Price Received
Percent Change
Year-over-Year
91.9%
91.4%
91.3%
91.9%
89.9%
93.1%
92.9%
91.3%
90.9%
89.6%
91.1%
91.2%
86.9%
5.8%
0.2%
1.3%
0.9%
3.9%
5.4%
6.5%
5.7%
2.9%
2.1%
4.4%
3.6%
2.6%
2013
90%
85%
80%
75%
70%
65%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

15. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Month
Inventory (Active Listings)
The number of property listings active at the end of
the month
Economists' note : There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
1,700
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Inventory
Percent Change
Year-over-Year
711
729
701
741
693
668
659
679
699
690
664
668
651
9.2%
9.1%
6.7%
6.9%
-8.2%
-14.1%
-17.7%
-17.4%
-17.4%
-22.2%
-26.1%
-28.4%
-32.2%
2013
Inventory
1,500
1,300
1,100
900
700
500
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Month
Months Supply of Inventory
An estimate of the number of months it will take to
deplete the current Inventory given recent sales rates
Economists' note : This 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.
Months Supply of
Inventory
32.0
2010
2011
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
2012
Months Supply
Percent Change
Year-over-Year
9.5
9.9
9.6
10.1
9.4
9.2
9.2
9.6
10.0
9.9
9.5
9.3
9.0
5.1%
9.4%
7.4%
4.7%
-12.7%
-15.0%
-18.2%
-16.2%
-12.1%
-16.4%
-19.5%
-22.9%
-27.8%
2013
27.0
22.0
17.0
12.0
7.0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

16. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
$50,000 $99,999
$100,000 $149,999
Closed Sales
0
N/A
$50,000 - $99,999
5
150.0%
6
-50.0%
8
166.7%
$200,000 - $249,999
7
16.7%
$250,000 - $299,999
6
100.0%
$300,000 - $399,999
9
28.6%
$400,000 - $599,999
7
75.0%
$600,000 - $999,999
7
133.3%
$1,000,000 or more
Economists' note : Closed Sales are one of the simplest—yet most
important—indicators for the residential real estate market. When
comparing Closed Sales across markets of different sizes, we
recommend using the year-over-year percent changes rather than the
absolute counts. Realtors® and their clients should also be wary of
month-to-month comparisons of Closed Sales because of potential
seasonal effects.
Less than
$50,000
Less than $50,000
$150,000 - $199,999
The number of sales transactions which closed during
the month
14
12
10
8
6
4
2
0
Percent Change
Year-over-Year
$100,000 - $149,999
Closed Sales by Sale Price
January 2013
Closed Sales
1
N/A
Sale Price
January 2014
$150,000 $199,999
$200,000 $249,999
14
12
10
8
6
4
2
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
$50,000 $99,999
$100,000 $149,999
Median Days
on Market
(No Sales)
N/A
$50,000 - $99,999
59
555.6%
41
-57.3%
49
-90.7%
$200,000 - $249,999
217
126.0%
$250,000 - $299,999
27
-76.1%
$300,000 - $399,999
86
-38.1%
$400,000 - $599,999
621
178.5%
$600,000 - $999,999
102
52.2%
$1,000,000 or more
Economists' note: Median Days on Market is the amount of time the
"middle" property selling this month was on the market. That is, 50%
of homes selling this month took less time to sell, and 50% of homes
took more time to sell. We use the median rather than the average
because the median is not particularly sensitive to sales of homes that
took an unusually large amount of time to sell relative to the vast
majority of homes in the market.
Less than
$50,000
Less than $50,000
$150,000 - $199,999
The median number of days that properties sold during
the month were on the market
January 2013
Percent Change
Year-over-Year
$100,000 - $149,999
Median Days on Market by Sale Price
700
600
500
400
300
200
100
0
Median Days on
Market
4
N/A
Sale Price
January 2014
$150,000 $199,999
$200,000 $249,999
700
600
500
400
300
200
100
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

17. Monthly Market Detail - January 2014
Townhouses and Condos
Walton County
Initial Listing Price
New Listings
January 2013
40
35
30
25
20
15
10
5
0
Less than
$50,000
$50,000 $99,999
$100,000 $149,999
0
N/A
$50,000 - $99,999
2
0.0%
14
-17.6%
8
-33.3%
$200,000 - $249,999
14
75.0%
$250,000 - $299,999
13
116.7%
$300,000 - $399,999
12
-57.1%
$400,000 - $599,999
36
80.0%
$600,000 - $999,999
7
-41.7%
$1,000,000 or more
Economists' note: In a recovering market, we expect that new listings
will eventually rise as sellers raise their estimations of value. But this
increase will take place only after the market has turned up, so New
Listings are a lagging indicator of the health of the market. Also be
aware of properties which have been withdrawn from the market and
then relisted. These are not really New Listings.
Less than $50,000
$150,000 - $199,999
The number of properties put onto the market during
the month
Percent Change
Year-over-Year
$100,000 - $149,999
New Listings by Initial Listing Price
New Listings
10
150.0%
January 2014
$150,000 $199,999
$200,000 $249,999
40
35
30
25
20
15
10
5
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
$50,000 $99,999
$100,000 $149,999
Inventory
0
N/A
$50,000 - $99,999
13
-7.1%
44
4.8%
75
23.0%
$200,000 - $249,999
60
13.2%
$250,000 - $299,999
73
25.9%
$300,000 - $399,999
135
17.4%
$400,000 - $599,999
151
17.1%
$600,000 - $999,999
96
0.0%
$1,000,000 or more
Economists' note: There are a number of ways to calculate Inventory,
so these numbers may not match up to others you see in your market.
We calculate Inventory by counting the number of active listings on the
last day of the month, and hold this number to compare with the same
month the following year.
Less than
$50,000
Less than $50,000
$150,000 - $199,999
The number of property listings active at the end of
the month
January 2013
Percent Change
Year-over-Year
$100,000 - $149,999
Inventory by Current Listing Price
160
140
120
100
80
60
40
20
0
Inventory
64
-22.9%
Current Listing Price
January 2014
$150,000 $199,999
$200,000 $249,999
160
140
120
100
80
60
40
20
0
$250,000 $299,999
$300,000 $399,999
$400,000 $599,999
$600,000 - $1,000,000 or
$999,999
more
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.

18. Monthly Distressed Market - January 2014
Townhouses and Condos
Walton County
January 2014
Percent Change
Year-over-Year
46
31
48.4%
$267,500
$235,000
13.8%
8
4
100.0%
$140,950
$202,500
-30.4%
2
Closed Sales
January 2013
5
-60.0%
$360,000
$145,000
148.3%
Traditional
Median Sale Price
Closed Sales
Foreclosure/REO
Median Sale Price
Closed Sales
Short Sale
Median Sale Price
2010
2011
Traditional
2012
Foreclosure/REO
2013
Short Sale
100%
90%
Closed Sales
80%
70%
60%
50%
40%
30%
20%
10%
0%
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
$500,000
$450,000
Median Sale Price
$400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
2010
2011
2012
2013
Produced by Florida REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Data released on Friday, February 21, 2014. Next data release is Thursday, March 20, 2014.