DESTIN
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 April was 178 , up 48.3 % from 120 days last month and up 22.8 % from 145 days in April of last year . The April 2017 DOM was at a mid level compared with April of 2016 and 2015 . |
600
500
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200
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337 |
145 |
178 |
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100 |
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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 April 2017 Selling Price per Square Foot of $ 367 was down 27.7 % from $ 507 last month and down 9.3 % from 405 in April of last year .
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600 550 500 450 400 350 300
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S O N D |
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F M A M J |
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F M A M J |
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S O N D |
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F M A |
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 |
284
405 367
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 88.1 % was down from 88.6 % last month and down from 97.1 % in April of last year .
250
120 % 100 % 80 % 60 %
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S O N D |
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F M A |
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 Avg Selling Price divided by Avg Listing Price for sold properties during the month
71.4 %
97.1 %
3 Mo Avg
88.1 %
40 % 20 %
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 12 , down 45.5 % from 22 last month and down 29.4 % from 17 in April of last year .
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
180 160 140 120 100 80 60 40 20 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
168 166 171 164 160 154 161 155 161 163 160 159 150 151 156 161 164 158 154 148 144 147 154 161 166 163 152 152 146 147 144 139
128 136 134 127
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