Weston Community Information | School District
Weston 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 90 , up 5.9 % from 85 days last month and up 23.3 % from 73 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 . |
120
100
80
60
40
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Days On Market for Sold Properties
67
73
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3 Mo Avg
90
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20 |
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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 $ 176 was down 4.5 % from $ 184 last month and down 0.7 % from 177 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 91.6 % was down from 92.3 % last month and down from 94.8 % 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 61 , down 20.8 % from 77 last month and down 33.7 % from 92 in December of last year .
0
200 195 190 185 180 175 170 165 160 155 150
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 %
600 500 400 300
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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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 |
179
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio
94.3 %
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F M A M J |
J |
A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
507 486 497 481 475 472 478
Avg Selling Price divided by Avg Listing Price for sold properties during the month
459 438 414 384 385
417
466 500 512 519 528 538
509
450 439 429
177
94.8 %
403 440 445 458 470 457 506 514 491
3 Mo Avg
446 455
414
176
91.6 %
375
200 100
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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c o l d w e l l b a n k e r h o m e s . c o m | 99