Destin Community Information | School District
Destin 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 121 , down 7.6 % from 131 days last month and down 21.9 % from 155 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 . |
250
200
150
100
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160 155 |
121 |
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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 $ 248 was down 12.4 % from $ 283 last month and down 3.9 % from 258 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 92.4 % was down from 93.0 % last month and up from 90.1 % 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 121 , up 11.0 % from 109 last month and up 5.2 % from 115 in February of last year .
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Selling Price per Square Foot |
3 Mo Avg |
300 290 280 270 260 250 240 230 220 210 200
95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 % 85 %
1,200
1,000 800 600 400 200
234
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F M A M J |
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14 |
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Selling Price versus Listing Price Ratio
Avg Selling Price divided by Avg Listing Price for sold properties during the month 94.1 %
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A S O N D |
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F M A M J |
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F M A M J |
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14 |
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Inventory / New Listings / Sales |
1,006 999 999 977 985 958 953 941 919 890 874 879 894 888 885 884 901 904 919 899 877 852 841 817 844 844 818 834 798 772 755 759 733
258
90.1 %
3 Mo Avg
248
92.4 %
673 640 612
0
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A M J
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A S O N D |
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F M A M J |
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202 | c o l d w e l l b a n k e r h o m e s . c o m