Niceville Community Information | School District
Niceville 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 87 , up 8.7 % from 80 days last month and up 61.1 % from 54 days in March of last year . The March 2017 DOM was at a mid level compared with March of 2016 and 2015 . |
120
100
80
60
40
|
91 |
54 |
87 |
|
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 $ 148 was up 2.1 % from $ 145 last month and up 9.8 % from 135 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 96.5 % was down from 96.9 % last month and down from 96.9 % 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 106 , up 37.7 % from 77 last month and up 5.0 % from 101 in March of last year .
0
150 145 140 135 130 125 120 115 110 105 100
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
350 300 250 200 150 100
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A
M J
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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 |
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15 |
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16 |
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|
17 |
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Selling Price per Square Foot |
3 Mo Avg |
133
|
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 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio
94.8 %
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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 |
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|
16 |
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|
17 |
|
Inventory / New Listings / Sales |
294 290 304 298 312 311 308
Avg Selling Price divided by Avg Listing Price for sold properties during the month
289 279 282 255 267 281 274 270
135
96.9 %
250 250 238 230 233 221 223 228 235
258 243 255 246
210 201 195 185
3 Mo Avg
148
96.5 %
164 189 179 184
50 0
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A
M J
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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 |
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15 |
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16 |
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17 |
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206 | c o l d w e l l b a n k e r h o m e s . c o m