Palm Beach Community Information | School District
Palm 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 110 , down 43.6 % from 195 days last month and down 23.1 % from 143 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 . |
250
200
150
100
|
181 |
143 |
110 |
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50 |
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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 $ 577 was down 16.8 % from $ 693 last month and up 34.3 % from 430 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 91.9 % was up from 87.1 % last month and up from 88.9 % 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 92 , up 12.2 % from 82 last month and down 1.1 % from 93 in January of last year .
0
700 650 600 550 500 450 400 350
94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 %
700 600 500 400 300 200 100
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 |
514
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
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 |
602 588
549 512 504
470
Avg Selling Price divided by Avg Listing Price for sold properties during the month
430
89.0 % 88.9 %
3 Mo Avg
446 446 466 487 478 517 545 520 492 436 423 414 398 397 441 470 471 505 519 490 482
431 388 359 336 350 379 412 438 466
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 |
577
91.9 %
c o l d w e l l b a n k e r h o m e s . c o m | 131