Winter Springs Community Information | School District
Winter Springs Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for February was 47 , down 21.7 % from 60 days last month and down 20.3 % from 59 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The February 2017 Selling Price per Square Foot of $ 134 was up 2.6 % from $ 131 last month and up 17.3 % from 114 in February of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The February 2017 Selling Price vs Original List Price of 95.3 % was up from 94.0 % last month and up from 93.4 % in February of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in February 2017 was 73 , up 17.7 % from 62 last month and up 4.3 % from 70 in February of last year .
Days On Market for Sold Properties
90
80
80 70
59 60
47
50 40 30 20 10 0 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 14
15 16
17
Selling Price per Square Foot
3 Mo Avg
150 145 140 135 130 125 120 115 110 105 100
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
250
200
150
100
50
110
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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 |
14 |
|
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|
15 |
|
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|
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16 |
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|
|
|
17 |
|
Selling Price versus Listing Price Ratio
94.5 %
|
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 |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
223 210 203 217 220 224 221
Avg Selling Price divided by Avg Listing Price for sold properties during the month
219 215
190
159 141 142 159 157 156 169 172
160
147 135 127 125
114
93.4 %
119
136 154 154 148 139 148 146 151
139
3 Mo Avg
3 Mo Avg
134
95.3 %
111 110 105
0
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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 |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
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|
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17 |
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