Wellington Community Information | School District
Wellington 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 84 , down 3.4 % from 87 days last month and down 10.6 % from 94 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 . |
140 120 100 80 60 |
98 |
94 |
84 |
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40 |
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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 $ 267 was up 49.6 % from $ 178 last month and up 57.5 % from 169 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 93.7 % was up from 93.0 % last month and up from 91.6 % 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 181 , up 26.6 % from 143 last month and down 7.7 % from 196 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 |
300 280 260 240 220 200 180 160 140 120 100
96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
239
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 |
169
Selling Price versus Listing Price Ratio
92.2 %
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 |
1,000 900 800 700 600 500 400 300 200 100
0
831 824 814 797 789 794
Avg Selling Price divided by Avg Listing Price for sold properties during the month
780 816 804 807 801 840 892 884 857
815 769 759 711 699 741 722 685
91.6 %
745 800 824 817 764 754 709 683
740
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 |
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15 |
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16 |
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17 |
690 697 657
267
93.7 %
684 c o l d w e l l b a n k e r h o m e s . c o m | 135