Naples Community Information | School District
Naples 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 107 , up 7.0 % from 100 days last month and up 17.6 % from 91 days in February of last year . The February 2017 DOM was at a mid level compared with February of 2016 and 2015 . |
120
100
80
60
40
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107 |
91 |
107 |
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20 |
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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 $ 266 was up 1.5 % from $ 262 last month and up 1.0 % from 263 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 92.8 % was down from 93.2 % last month and down from 94.6 % 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 1,310 , down 25.1 % from 1,749 last month and down 17.4 % from 1,585 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
96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 % 92 % 91 % 91 %
7,000 6,000 5,000 4,000 3,000 2,000 1,000
236
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Selling Price versus Listing Price Ratio
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A M J
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Inventory / New Listings / Sales |
4,870 4,591 4,328 4,164 3,970 3,928
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3,896 4,150 4,271 4,388 4,665
263
94.6 % 94.6 %
4,686 4,571 4,347 4,075 3,916 3,765 3,699 3,663 3,929 4,198 4,357
4,991 5,444 5,513 5,510 5,297 5,101 4,842 4,757 4,891 5,148
3 Mo Avg
5,464 5,547
5,988
266
92.8 %
6,000
0
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76 | c o l d w e l l b a n k e r h o m e s . c o m