LAKE COUNTY
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 167 , down 54.1 % from 364 days last month and up from 0 days in December of last year . The December 2017 DOM was at its lowest 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 $ 274 was down 1.2 % from $ 277 last month and up from 0 in December of last year .
450 400 350 300 250 200 150 100 50 0
500 450 400 350 300 250 200
Days On Market for Sold Properties
3 Mo Avg
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 |
167
274
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 89.9 % was down from 94.8 % last month and up from 0.0 % in December of last year .
150
120 % 100 % 80 % 60 %
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 versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
89.9 %
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 December 2017 was 9 , equal to 9 last month and up 200.0 % from 3 in December of last year .
70 60 50 40 30 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 |
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16 |
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17 |
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Inventory / New Listings / Sales |
45 47 49 47
44 40
34
30 50 52 52 53
45 46
52 59
53
47 49 50
44 48
53
48
48 53 55
58 61 61
64 61 61
58 63 62
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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