FL ARCHIVED April 2017 - Page 26

Clearwater 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 April was 57, up 3.6% from 55 days last month and up 14.0% from 50 days in April of last year. The April 2017 DOM was at a mid level compared with April 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 April 2017 Selling Price per Square Foot of $125 was up 6.6% from $117 last month and up 13.6% from 110 in April 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 April 2017 Selling Price vs Original List Price of 94.6% was down from 94.7% last month and up from 94.2% in April 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 April 2017 was 356, down 8.2% from 388 last month and equal to 356 in April of last year. Days On Market for Sold Properties 100 90 80 74 70 60 57 50 50 40 30 20 10 0 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 A 14 15 16 17 Selling Price per Square Foot 3 Mo Avg 150 140 130 120 110 100 90 80 70 60 50 96% 95% 94% 93% 92% 91% 90% 89% 88% 87% 86% 85% 1,200 1,000 800 600 400 200 92 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 A 14 15 16 17 Selling Price versus Listing Price Ratio 92.0% 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 A 14 15 16 17 Inventory / New Listings / Sales 1,032 1,008 1,054 1,044 1,034 1,032 Avg Selling Price divided by Avg Listing Price for sold properties during the month 1,006 978 983 982 960 900 888 888 110 94.2% 3 Mo Avg 3 Mo Avg 826 791 747 765 771 756 767 769 757 757 756 700 670 689 687 702 715 653 645 631 652 594 125 94.6% 0 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 A 14 15 16 17 26 | 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 City: Clearwater Clearwater April 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 April was 57, up 3.6% from 55 days last month and up 14.0% from 50 days in April of last year. The April 2017 DOM was at a mid level compared with April of 2016 and 2015. 3 Mo Avg 100 90 74 80 70 57 60 50 50 40 30 20 10 0 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 A 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 dire 7Fb&W'GfVW266RVF6W2&6R@fW&vR6W2&6R6&R7FVB'FRv֗rbv"pVB&W'FW2FR&WBFR6VƖr&6RW"7V&RfB2&R&ƗVBF6F"FRF&V7Fb&W'GfVW2FR&#r6VƖr&6RW"7V&RfBbC#Rv2WbbPg&Cr7BFBW2bRg&&b7BV"SC3#scS2fp#P 2Bb2Bb2Bb@P`p6VƖr&6RfW'7W2Ɨ7Fr&6R&F6VƖr&6Rg2&vƗ7Fw2&6PFR6VƖr&6Rg2&vƗ7Fr&6R&WfV2FRfW&vPVBFB6VW'2&Rw&VVrF6RFvg&FV &vƗ7B&6RFRvW"FR&F2&VrRFR&R`'WW"w2&WBW7G2&FB"&fRRF6FW2&Pb6VW"w2&WBFR&#r6VƖr&6Rg2&vƗ7@&6RbBbRv2Fvg&BrR7BFBWg&УB"R&b7BV"2fpfr6VƖr&6RFfFVB'frƗ7Fr&6Rf"6B&W'FW2GW&rFRFbPRPBP2P"PPPPPrPbPRPBbPB"P"P2Bb2Bb2Bb@P`pfVF'WrƗ7Fw26W0fVF'WrƗ7Fw26W0Cc#F27BfWrbFR&WB6&W2FǒfVF'`&W'FW2f"6RrvFWrƗ7Fw2B6W2FRw&6w2FR&62V6V6ƗGbFR&WB2vV2FP&VF6&WGvVVFW6RFV2FRV&W"bWrƗ7Fw0&#rv23SbFv"Rg&37BF@WVF3Sb&b7BV"#2Bb2Bb2Bb@P`p6&vB *6GvV&W"&W6FVF&VW7FFR6GvV&W"VFVB&VF'2&6R&vS&W'GGW34d6FF2&fFVB6W'FW7bw&VFW"f'BVFW&FR$TD%2$TD"766Fb'F6VG֖֒766Fb$TD%2גf&F&Vv2W2&V&&Bb$TD%2$TD%2766FbFR&V6W276R67B766Fb$TD%0FW2Bv'&B"wV&FVRFR67W&7bF2f&FB2FR&W76&ƗGb'WW""6VW"FfW&gBf&F&VWfBF7V667VW.( 2&VW7FFRG&67F#b2BrR"R"R22