Pensacola Beach Community Information | School District
Pensacola Beach Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 183 , up 53.8 % from 119 days last month and down 17.6 % from 222 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 . |
300
250
200
150
100
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202 |
222 |
183 |
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50 |
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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 $ 292 was down 12.2 % from $ 332 last month and down 1.3 % from 295 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 93.6 % was up from 91.8 % last month and down from 93.7 % 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 26 , equal to 26 last month and down 21.2 % from 33 in February of last year .
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340 320 300 280 260 240 220 200
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 %
250
200
150
100
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M
A M J
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J |
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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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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
265
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M
A M J
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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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16 |
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17 |
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Selling Price versus Listing Price Ratio
91.4 %
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M
A M J
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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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16 |
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17 |
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Inventory / New Listings / Sales |
182
185 199 198 186 186
Avg Selling Price divided by Avg Listing Price for sold properties during the month
295
3 Mo Avg
292
93.7 % 93.6 %
173 164 156 147 152 152 143 152 153 162 156 157 146 139 129 120 136 146 153 175 172 175 175 167 147 147 150
137 119 120
50
0
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M
A M J
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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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16 |
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17 |
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196 | c o l d w e l l b a n k e r h o m e s . c o m