Fort Lauderdale / Fort Lauderdale Beach Community Information | School District
Fort Lauderdale / Fort Lauderdale 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 89 , down 2.2 % from 91 days last month and down 12.7 % from 102 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 |
89 |
102 |
89 |
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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 $ 252 was down 7.7 % from $ 273 last month and up 11.7 % from 226 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 93.2 % was down from 93.7 % last month and down from 93.3 % 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 727 , up 56.7 % from 464 last month and up 2.4 % from 710 in January of last year .
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 |
Selling Price per Square Foot |
3 Mo Avg |
300 290 280 270 260 250 240 230 220 210 200
96 % 96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 %
229
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 |
226
Selling Price versus Listing Price Ratio
93.0 %
252
93.3 % 93.2 %
92 % |
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 |
3,000 2,500 2,000 1,500 1,000
500
2,238 2,231 2,269 2,232 2,225 2,237
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,239 2,314
3 Mo Avg
2,396 2,396 2,344 2,522 2,597 2,460 2,439 2,369 2,321 2,306 2,245 2,219 2,308 2,347 2,290
2,464 2,700 2,680 2,676 2,605 2,535 2,444 2,379 2,246 2,244 2,265 2,206
2,344
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 |
c o l d w e l l b a n k e r h o m e s . c o m | 93