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 0 , down 100.0 % from 65 days last month and down 100.0 % from 25 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .

350 300 250 200 150 100 50

Days On Market for Sold Properties

92

25

3 Mo Avg

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 $ 0 was down 100.0 % from $ 97 last month and down 100.0 % from 86 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 0.0 % was down from 96.6 % last month and down from 101.8 % 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

-50 14 15

16 17

Selling Price per Square Foot

3 Mo Avg

150 140 130 120 110 100 90 80 70 60 50

105 %

100 %

95 %

90 %

64

Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month

100.0 %

86

101.8 %

3 Mo Avg

85 %

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 12 , up 33.3 % from 9 last month and up 50.0 % from 8 in January of last year .

80 % 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

40 35 30 25 20 15 10 5 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

3 5

7 10

13 15

20 22

24 26 25

31 29 29

25 31 31 30

32

29 31

29

26 28

32

29 29

25 27

29 34

38

35 33 33

25

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