FL ARCHIVED April 2017 | Page 160

NAVARRE

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 59 , up from 0 days last month and up from 0 days in April of last year . The April 2017 DOM was at its lowest level compared with April of 2016 and 2015 .
1,200
1,000
800
600
400
Days On Market for Sold Properties
3 Mo Avg
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 $ 296 was up from $ 0 last month and up from 0 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 91.9 % was up from 0.0 % last month and up from 0.0 % in April of last year .
200
450 430 410 390 370 350 330 310 290 270 250
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
Selling Price per Square Foot
3 Mo Avg
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 Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
59
296
91.9 %
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 April 2017 was 3 , up 50.0 % from 2 last month and up 200.0 % from 1 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
16 14 12 10 8 6 4 2 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
15 15 15 15
11
8
7 7 7 7 7 8 8 9 9 9
8
7 7 7 7 7 7
8 9 9
8 8
10
9 9 9 10 10
11 12
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