Weston Community Information | School District
Weston Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 February was 86 , down 29.5 % from 122 days last month and up 30.3 % from 66 days in February of last year . The February 2018 DOM was at a mid level compared with February of 2017 and 2016 . |
140 120 100 80 60 |
69 |
66 |
86 |
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40 |
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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 February 2018 Selling Price per Square Foot of $ 179 was up 5.4 % from $ 170 last month and up 1.9 % from 175 in February 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 February 2018 Selling Price vs Original List Price of 93.9 % was up from 91.8 % last month and down from 94.4 % in February 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 February 2018 was 91 , down 14.2 % from 106 last month and down 40.5 % from 153 in February 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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15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
184
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A M J
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S O N D |
J |
F M A M J |
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S O N D |
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F M A M J |
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15 |
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16 |
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17 |
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18 |
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Selling Price versus Listing Price Ratio
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M
A M J
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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 |
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F |
15 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
497 481 475 472 478 459 438
Avg Selling Price divided by Avg Listing Price for sold properties during the month
414 384 385
417
175
94.6 % 94.4 %
466 500 512 519 528 538
509
451 440 430
404 441 445 458 471 460 509 519 497 454 464
3 Mo Avg
424 391 393
179
93.9 %
388
200 100
0
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M
A M J
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A |
S O N D |
J |
F M A M J |
J |
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S O N D |
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F |
15 |
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16 |
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17 |
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18 |
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