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 132 , up 20.0 % from 110 days last month and up 20.0 % from 110 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 . |
250
200
150
100
|
Days On Market for Sold Properties
134
110
|
3 Mo Avg
132
|
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 |
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Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
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The Selling Price per Square Foot is a great indicator for the |
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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
|
390
370
|
371 |
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a more normalized indicator on the direction of Property values . |
350 |
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The December 2017 Selling Price per Square Foot of $ 371 was |
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up 8.7 % from $ 341 last month and up 21.3 % from 306 in |
330 |
|||||||||||
December of last year . |
310 |
302 |
306 |
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 |
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 |
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Inventory / New Listings / Sales |
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 |