CHARLOTTE COUNTY
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 33 , down 83.7 % from 203 days last month and down 84.5 % from 213 days in April of last year . The April 2017 DOM was at its lowest 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 $ 210 was down 56.4 % from $ 482 last month and down 36.9 % from 333 in April of last year .
400 350 300 250 200 150 100 50 0 -50
500 450 400 350 300 250 200
Days On Market for Sold Properties
226
M |
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S O N D |
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F M A M J |
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A |
S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
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 |
293
213
333
3 Mo Avg
33
210
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 87.0 % was down from 89.8 % last month and down from 87.1 % in April of last year .
150
120 % 100 % 80 % 60 %
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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 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
72.8 %
3 Mo Avg
87.1 % 87.0 %
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 6 , equal to 6 last month and up 50.0 % from 4 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
80 70 60 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
53 55 55 54 55 61 63
69
64 62
54 50 47 53 51
46 46 47 47 49
53 58 59 56 53 53
47 44 46 48 53 56 60 63 65
60
Coldwell Banker Global Luxury SM | 27