Community Information | School District
Jupiter / Jupiter Beach
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 92 , down 3.2 % from 95 days last month and up 2.2 % from 90 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
20
Days On Market for Sold Properties
3 Mo Avg
96 90 92
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 $ 246 was up 1.7 % from $ 242 last month and up 13.5 % from 217 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 94.1 % was up from 93.1 % last month and up from 93.2 % in January of last year .
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Selling Price per Square Foot |
3 Mo Avg |
290 270 250 230 210 190 170 150
96 % 95 % 94 % 93 %
222
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217
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.9 %
93.2 %
3 Mo Avg
246
94.1 %
92 % 91 %
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 295 , up 95.4 % from 151 last month and up 16.6 % from 253 in January of last year .
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Inventory / New Listings / Sales |
1,200
1,000 800 600
1,009 950 941 889 872 854 853 827 860 845 824
876 928 892 850 788 779 721 695 685 715 735 739 806 844 855 859 786 743 732 699 742 748 711 663
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c o l d w e l l b a n k e r h o m e s . c o m | 129