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 11.8 % from 76 days last month and down 23.0 % from 87 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
|
96 |
87 |
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 |
97 % |
Avg Selling Price divided by Avg Listing Price for sold properties during the month |
||||||||||||||||||||
original list price . The lower the ratio is below 100 % the more of |
96 % |
|||||||||||||||||||||
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 94.4 % was down from 94.9 % last month and up
|
95 %
94 %
|
94.4 % |
||||||||||||||||||||
from 92.5 % in January of last year . |
93 % |
92.5 % |
||||||||||||||||||||
92 % |
||||||||||||||||||||||
90.9 % | ||||||||||||||||||||||
91 % | ||||||||||||||||||||||
90 % | ||||||||||||||||||||||
89 % | ||||||||||||||||||||||
88 % | ||||||||||||||||||||||
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 1,155 , up 30.8 % from 883 last month and down 0.4 % from 1,160 in January of last year .
|
4,500
4,000
3,500
3,000
2,500
|
|||||||||||||||||||||
2,000 | ||||||||||||||||||||||
1,500 | ||||||||||||||||||||||
1,000 | ||||||||||||||||||||||
500 | ||||||||||||||||||||||
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 |