FL ARCHIVED April 2017 | Page 29

PUNTA GORDA

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 , 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 .
250
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Days On Market for Sold Properties
75
3 Mo Avg
50 33
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 up from $ 0 last month and up from 0 in April of last year .
0
500 450 400 350 300 250 200
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Selling Price per Square Foot
3 Mo Avg
250 210
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 up from 0.0 % last month and up from 0.0 % in April of last year .
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120 % 100 % 80 % 60 %
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
78.4 %
3 Mo Avg
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 4 , up 33.3 % from 3 last month and up 100.0 % from 2 in April of last year .
35 30 25 20 15 10
0 %
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Inventory / New Listings / Sales
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14 14 14 19 19 20 19 18
14 13 12 15 16
14
14 17 18 17
19 21 21
19 19
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17 17 16 16 21 21 22
26 29 28
5 0
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Coldwell Banker Global Luxury SM | 29