Escambia County Community Information | School District
Escambia County 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 95 , up 9.2 % from 87 days last month and down 10.4 % from 106 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 |
100 |
106 |
95 |
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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 $ 114 was up 9.5 % from $ 104 last month and up 11.7 % from 102 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 down from 94.5 % last month and up from 93.0 % 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 488 , up 28.4 % from 380 last month and up 1.5 % from 481 in January of last year .
0 |
F |
M A M J |
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A |
S O N D |
J |
F M A M J |
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A |
S O N D |
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F M A M J |
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S O N D |
J |
14 |
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15 |
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16 |
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Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 % 86 %
3,000 2,500 2,000 1,500 1,000
500
93
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M A M J |
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
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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
92.1 %
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 |
2,394 2,399 2,453 2,502 2,511 2,519
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,522 2,414 2,461 2,389 2,308 2,353 2,422 2,416 2,380 2,374 2,408 2,344 2,283 2,201 2,131 2,105 2,006
102
93.0 %
1,968 1,902 1,966 1,948 1,909 1,886 1,908 1,865 1,823
3 Mo Avg
1,753 1,769 1,661
114
93.7 %
1,492
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 |
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A S O N D |
J |
14 |
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15 |
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16 |
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17 |
192 | c o l d w e l l b a n k e r h o m e s . c o m