Cocoa Beach Community Information | School District
Cocoa 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 78 , up 30.0 % from 60 days last month and equal to 78 days in January of last year . The January 2017 DOM was at its lowest 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 $ 167 was down 27.4 % from $ 230 last month and down 10.8 % from 187 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 93.0 % was down from 99.1 % last month and down from 93.2 % 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 72 , up 22.0 % from 59 last month and down 2.7 % from 74 in January of last year .
160 140 120 100 80 60 40 20
Days On Market for Sold Properties
80 78 78
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 |
240 220 200 180 160 140 120 100
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 %
169
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 |
187
Selling Price versus Listing Price Ratio
91.1 %
167
93.2 % 93.0 %
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 |
300 250 200 150 100
229 214
201 215 223 206 205
Avg Selling Price divided by Avg Listing Price for sold properties during the month
197 203 201 204 212
235
221 208 199 192
176 161 166 166 176
196 218
251
275 258 248 241 236
3 Mo Avg
3 Mo Avg
212 196 190 200 201 203
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 |
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