Pensacola Beach Community Information | School District
Pensacola Beach 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 119 , up 30.8 % from 91 days last month and down 7.0 % from 128 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 . |
300
250
200
150
100
|
111 |
128 |
119 |
|
50 |
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|
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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 $ 332 was up 10.6 % from $ 300 last month and up 12.2 % from 296 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 91.8 % was down from 96.5 % last month and equal to 91.8 % 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 25 , up 177.8 % from 9 last month and down 24.2 % from 33 in January of last year .
0
340 320 300 280 260 240 220 200
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 %
250
200
150
100
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 |
|
|
|
|
17 |
Selling Price per Square Foot |
3 Mo Avg |
264
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 |
|
|
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|
16 |
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|
17 |
Selling Price versus Listing Price Ratio
94.1 %
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 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
Inventory / New Listings / Sales |
185 182 185 199 198 186 186
Avg Selling Price divided by Avg Listing Price for sold properties during the month
296
3 Mo Avg
332
91.8 % 91.8 %
173 164 156 147 152 152 143 152 153 162 156 157 146 139 129 120 136 146 153 175 172 175 175 167 147 147 150
137
118
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 |
196 | c o l d w e l l b a n k e r h o m e s . c o m