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 67 , down 31.6 % from 98 days last month and down 34.3 % from 102 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 . |
120
100
80
60
40
|
83 |
102 |
67 |
20 |
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 |
15 |
16 |
17 |
||||||||||||
Selling Price per Square Foot |
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 |
15 |
16 |
17 |
Selling Price vs Original Listings Price |
Selling Price versus Listing Price Ratio |
3 Mo Avg |
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The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their |
98 % |
Avg Selling Price divided by Avg Listing Price for sold properties during the month |
97.7 % |
|||||||||||||||||||
original list price . The lower the ratio is below 100 % the more of |
98 % |
|||||||||||||||||||||
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 97.7 % was up from 95.9 % last month and up from
96.2 % in January of last year .
|
97 %
97 %
96 %
|
95.8 % |
96.2 % |
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96 % |
||||||||||||||||||||||
95 % |
||||||||||||||||||||||
95 % |
||||||||||||||||||||||
94 % |
||||||||||||||||||||||
94 % |
||||||||||||||||||||||
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 |
15 |
16 |
17 |
|||||||||||||||||||
Inventory / New Listings / Sales |
Inventory / New Listings / Sales |
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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 377 , up 70.6 % from 221 last month and down 8.3 % from 411 in January of last year .
|
1,600
1,400
1,200
1,000
|
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800 | ||||||||||||||||||||||
600 | ||||||||||||||||||||||
400 | ||||||||||||||||||||||
200 | ||||||||||||||||||||||
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 |
15 |
16 |
17 |