Pinecrest Community Information | School District
Pinecrest 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 January was 132 , up 13.8 % from 116 days last month and up 51.7 % from 87 days in January of last year . The January 2017 DOM was at a mid level compared with January 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 January 2017 Selling Price per Square Foot of $ 301 was up 1.1 % from $ 298 last month and up 1.3 % from 297 in January 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 January 2017 Selling Price vs Original List Price of 87.7 % was down from 90.1 % last month and down from 89.8 % in January 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 January 2017 was 35 , up 75.0 % from 20 last month and down 28.6 % from 49 in January of last year .
160 140 120 100 80 60 40 20
Days On Market for Sold Properties
123
0 |
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 |
|
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|
15 |
|
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|
16 |
|
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|
17 |
Selling Price per Square Foot |
3 Mo Avg |
390 370 350 330 310 290 270 250
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 %
262
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 |
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15 |
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16 |
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|
17 |
Selling Price versus Listing Price Ratio
95.7 %
82 % |
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 |
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15 |
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16 |
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|
17 |
Inventory / New Listings / Sales |
250
200
150
100
152
165 192 199 196 190 200
Avg Selling Price divided by Avg Listing Price for sold properties during the month
197 203 200 179 170 177 175 165 175 175
87
297
89.8 %
160 164 163 168 158 154
179 199 204 211 222 222
210 199 201 194
3 Mo Avg
3 Mo Avg
181
132
301
87.7 %
163
164
50
0
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 |
|
|
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15 |
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16 |
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17 |
c o l d w e l l b a n k e r h o m e s . c o m | 119