Delray Beach Community Information | School District
Delray 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 January was 89 , up 6.0 % from 84 days last month and up 4.7 % from 85 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 . |
120
100
80
60
40
|
84 85 |
89 |
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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 January 2017 Selling Price per Square Foot of $ 162 was up 7.2 % from $ 151 last month and up 15.3 % from 141 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 90.8 % was down from 91.8 % last month and up from 90.3 % in January of last year .
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 |
200 190 180 170 160 150 140 130 120 110 100
94 % 93 % 92 % 91 % 90 % 89 %
149
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 |
141
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.0 %
90.3 %
3 Mo Avg
162
90.8 %
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 615 , up 53.0 % from 402 last month and up 10.4 % from 557 in January of last year .
88 % |
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 |
2,500
2,000
1,500
1,000
1,696 1,604 1,595 1,556 1,535 1,442 1,427 1,389 1,470 1,439 1,496 1,585 1,668 1,565 1,545 1,451 1,391 1,397 1,329 1,350 1,511 1,566 1,615
1,768 1,914 1,885 1,949 1,830 1,744 1,687 1,635 1,654 1,660 1,717 1,697 1,798
500
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 | 127