Pinecrest Community Information | School District
Pinecrest 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 December was 136 , up 63.9 % from 83 days last month and up 23.6 % from 110 days in December of last year . The December 2017 DOM was at a mid level compared with December 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 December 2017 Selling Price per Square Foot of $ 258 was down 21.7 % from $ 329 last month and down 1.6 % from 262 in December 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 December 2017 Selling Price vs Original List Price of 87.6 % was down from 90.0 % last month and down from 90.2 % in December of last year .
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 December 2017 was 33 , up 6.5 % from 31 last month and up 57.1 % from 21 in December of last year .
Days On Market for Sold Properties
200 |
180 |
160 |
136 |
140 |
120 |
110 |
100 |
86 |
80 |
60 |
40 |
20 |
0 |
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 M J |
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
400 380 360 340 320 300 280 260 240 220 200
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
250
200
150
100
302
Selling Price versus Listing Price Ratio
262 258
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 M J |
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
90.9 %
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 M J |
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory / New Listings / Sales |
170 177 175 165 175 176
161
Avg Selling Price divided by Avg Listing Price for sold properties during the month
164 163 163 160 155
90.2 %
3 Mo Avg
3 Mo Avg
180 200 205 211 222 222 209 200 204 200 191 175 183
194
213 234 229 228 237
219 205
217
194 190
87.6 %
50
0
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 M J |
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
c o l d w e l l b a n k e r h o m e s . c o m | 115