Market Time |
160 |
The average Days On Market ( DOM ) shows how many days the | |
average Property is on the market before it sells . An upward |
140 |
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
120 |
Seller ' s market . The DOM for January was 98 , up 12.6 % from 87 |
100 |
days last month and down 16.2 % from 117 days in January of last | |
year . The January 2017 DOM was at its lowest level compared |
80 |
with January of 2016 and 2015 . |
60 |
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 |
440 |
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 |
420 |
more normalized indicator on the direction of Property values .
The January 2017 Selling Price per Square Foot of $ 364 was
|
400 |
down 0.5 % from $ 366 last month and down 2.9 % from 375 in |
380 |
January of last year . |
360 |
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 |
14 |
15 |
16 |
17 |
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Selling Price per Square Foot |
3 Mo Avg |
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 |
14 |
15 |
16 |
17 |
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 |
14 |
15 |
16 |
17 |
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Inventory / New Listings / Sales |
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 |
14 |
15 |
16 |
17 |