Market Action Report
April 2017
City: Weston
WESTON
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Community Information | School District
Price Range: $1,000,000 and Up | 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 207, up 130.0% from 90
days last month and up 69.7% from 122 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
400
350
300
250
207
200
150
122
100
59
50
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
400
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 350
more normalized indicator on the direc