Orange County Community Information | School District
Orange County 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 March was 65 , down 1.5 % from 66 days last month and down 1.5 % from 66 days in March of last year . The March 2017 DOM was at its lowest level compared with March 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 March 2017 Selling Price per Square Foot of $ 137 was up 6.0 % from $ 129 last month and up 13.0 % from 121 in March 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 March 2017 Selling Price vs Original List Price of 95.8 % was up from 95.5 % last month and up from 95.4 % in March of last year .
Days On Market for Sold Properties
90 |
80 |
75 |
70 |
66 |
65 |
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
0 |
|
|
|
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 |
F M |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
150 145 140 135 130 125 120 115 110 105 100
97 % 96 % 95 % 94 % 93 % 92 %
115
|
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 |
F M |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
121
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.4 %
95.4 %
3 Mo Avg
3 Mo Avg
137
95.8 %
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 March 2017 was 2,523 , up 21.3 % from 2,080 last month and up 2.1 % from 2,472 in March of last year .
91 % |
|
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 |
F M |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0
7,137 7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936 6,879 6,797 6,852 6,849 6,916 6,961 6,894 6,779 6,666 6,431
|
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 |
F M |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
6,237 5,908 5,852 5,791 5,870 5,775 5,868 5,909 5,913 5,752 5,704 5,533 5,334 4,940 4,865 4,776 4,604 c o l d w e l l b a n k e r h o m e s . c o m | 167