Lakewood Ranch Community Information | School District
Lakewood Ranch 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 93 , down 7.9 % from 101 days last month and up 4.5 % from 89 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 . |
120
100
80
60
40
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72 |
89 |
93 |
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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 $ 206 was up 13.9 % from $ 181 last month and up 13.7 % from 181 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 93.4 % was down from 94.8 % last month and down from 96.8 % in January of last year .
0 |
F |
M A M J |
J |
A |
S O N D |
J |
F M A M J |
J |
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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 |
Selling Price per Square Foot |
3 Mo Avg |
250 240 230 220 210 200 190 180 170 160 150
100 % 98 % 96 % 94 % 92 % 90 %
175
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 |
181
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.3 %
96.8 %
3 Mo Avg
206
93.4 %
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 101 , up 62.9 % from 62 last month and down 11.4 % from 114 in January of last year .
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
450 400 350 300 250 200 150 100 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
15 16
17
101 93 98 84 123 135
155
174 214 217 225 249 241 259
240 212 211 212 214 213 235 245 230
296
318 344 355 353 343 312 303 303
341 364 367
404 c o l d w e l l b a n k e r h o m e s . c o m | 53