Pace Community Information | School District
Pace 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 92 , down 28.1 % from 128 days last month and down 35.7 % from 143 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 $ 99 was up 2.1 % from $ 97 last month and up 6.8 % from 92 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 97.9 % was down from 98.2 % last month and down from 98.5 % in March of last year .
Days On Market for Sold Properties
200 |
|
|
180 |
|
|
160 |
146 |
143 |
140 |
|
|
120 |
|
|
100 |
92 |
80 |
60 |
40 |
20 |
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 |
100 |
99 |
95 |
89 |
92 |
90 |
|
|
85 |
|
|
80 |
|
|
75 |
|
|
70 |
|
|
65 |
|
|
60 |
|
|
55 |
|
|
50 |
|
|
100 % 98 % 96 % 94 % 92 % 90 %
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 versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.0 %
98.5 %
3 Mo Avg
3 Mo Avg
97.9 %
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 116 , up 19.6 % from 97 last month and down 23.7 % from 152 in March of last year .
88 % |
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 |
450 400 350 300 250 200 150 100 50 0
413 410 403
379 352 356 331 315 306 333 320 335 333 367 357 355 352 355 337
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 |
|
315 324 341 321 328 318 326 327 310 296 311 294 285 293 306 305
284
214 | c o l d w e l l b a n k e r h o m e s . c o m
Market Action Report
Pace
City: Pace
March 2017
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 92, down 28.1% from
128 days last month and down 35.7% from 143 days in March of
last year. The March 2017 DOM was at its lowest level compared
with March of 2016 and 2015.
3 Mo Avg
200
180
160
146
143
140
120
92
100
80
60
40
20
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
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The March 2017 Selling Price per Square Foot of $99 was up
80
2.1% from $97 last month and up 6.8% from 92 in March of last
75
year.
70
65
60
55
50
3 Mo Avg
99
92
89
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 versus Listing Price Ratio
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 97.9% was down from 98.2% last month and down
from 98.5% in March of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
98.5%
97.9%
98%
96.0%
96%
94%
92%
90%
88%
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
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