OSPREY
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 288 , up 118.2 % from 132 days last month and up 893.1 % from 29 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 $ 292 was down 26.0 % from $ 395 last month and down 26.3 % from 396 in December of last year .
1,000
-200
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 |
120 % |
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 |
100 % |
|
of a Seller ' s market . The December 2017 Selling Price vs
Original List Price of 83.2 % was down from 85.5 % last month
|
80 % |
and down from 96.0 % in December of last year . |
60 % |
800
600
400
200
650 600 550 500 450 400 350 300 250 200 150
0
40 % 20 %
Days On Market for Sold Properties
238
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
226
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
85.0 %
29
396
96.0 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
288
292
83.2 %
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 4 , down 50.0 % from 8 last month and up 33.3 % from 3 in December of last year .
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 Inventory / New Listings / Sales
50 45 40 35 30 25 20 15 10 5 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
40
39 43 42 40
33
33
25 25 25 33 31
39 44
41
38
34 34 34
30
29 34 36 34 43 44 42 41 43 41
37 35 36 36 38
35
Coldwell Banker Global Luxury SM | 39