Delray Beach Community Information | School District
Delray Beach 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 67 , down 14.1 % from 78 days last month and down 10.7 % from 75 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 $ 158 was down 3.1 % from $ 163 last month and up 5.5 % from 150 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 |
94 % |
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 |
93 % |
|
of a Seller ' s market . The December 2017 Selling Price vs
Original List Price of 92.2 % was up from 91.3 % last month and
|
92 % |
up from 91.8 % in December of last year . |
91 % |
Days On Market for Sold Properties
90 |
80 |
75 |
70 |
67 |
60 |
57 |
50 |
40 |
30 |
20 |
10 |
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 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
90 % 89 %
159
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 |
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16 |
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17 |
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150
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.1 %
91.8 %
3 Mo Avg
3 Mo Avg
158
92.2 %
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 428 , down 8.4 % from 467 last month and up 6.7 % from 401 in December of last year .
88 % |
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 |
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16 |
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17 |
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Inventory / New Listings / Sales |
2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
1,474 1,471 1,412 1,380 1,307 1,257 1,278 1,252 1,296 1,441 1,511 1,541 1,704 1,779 1,778 1,797 1,723 1,658 1,588
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 |
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16 |
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17 |
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1,594 1,594 1,652 1,754 1,761 1,881 1,822 1,768 1,771 1,706 1,633 1,583 1,473 1,435 1,552 1,627 1,684 c o l d w e l l b a n k e r h o m e s . c o m | 123