Navarre Community Information | School District
Navarre 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 83 , down 4.6 % from 87 days last month and down 23.1 % from 108 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 $ 124 was down 2.0 % from $ 126 last month and up 11.9 % from 111 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 96.0 % was down from 98.4 % last month and up from 95.5 % 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 128 , up 50.6 % from 85 last month and down 13.5 % from 148 in January of last year .
160 140 120 100 80 60 40 20
Days On Market for Sold Properties
128
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 |
150 145 140 135 130 125 120 115 110 105 100
113
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 versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
99 % |
98 % |
97 % |
96.0 % |
96 % |
95.4 % |
95.5 % |
95 % |
|
|
94 % |
|
|
93 % |
|
|
92 % |
|
|
91 % |
|
|
90 % |
|
|
89 % |
|
|
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 |
1,000 |
900 |
800 |
700 |
600 |
500 |
400 |
300 |
200 |
100 |
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 |
793
821 883 874 874 870
825 772 790 776 785 820 818 855 857 819 841
783
108
111
3 Mo Avg
3 Mo Avg
708 673 678 649 614 598 612 588 563 592 585 523 509 498 503 485 449
83
124
391
212 | c o l d w e l l b a n k e r h o m e s . c o m