Okaloosa County Community Information | School District
Okaloosa County 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 March was 98 , down 7.5 % from 106 days last month and down 21.0 % from 124 days in March of last year . The March 2017 DOM was at its lowest level compared with March of 2016 and 2015 . |
140 120 100 80 60 |
126 124 |
98 |
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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 March 2017 Selling Price per Square Foot of $ 161 was up 4.0 % from $ 155 last month and up 11.5 % from 145 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 96.0 % was up from 94.3 % last month and up from 94.0 % in March 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 March 2017 was 611 , up 25.7 % from 486 last month and up 1.5 % from 602 in March of last year .
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
144 145
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Selling Price versus Listing Price Ratio
92.7 %
88 % |
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Inventory / New Listings / Sales |
3,000 2,500 2,000 1,500 1,000
500
2,693 2,716 2,737 2,781 2,769 2,716
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,700 2,626 2,537 2,527 2,456 2,476 2,486 2,526 2,554 2,604 2,547 2,461 2,407 2,314 2,239 2,226 2,220
94.0 %
2,243 2,291 2,255 2,230 2,173 2,030 1,941 1,898 1,839
3 Mo Avg
1,747 1,701 1,679
161
96.0 %
1,676
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198 | c o l d w e l l b a n k e r h o m e s . c o m