Pinecrest Community Information | School District
Pinecrest 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 January was 120 , down 7.0 % from 129 days last month and down 9.1 % from 132 days in January of last year . The January 2018 DOM was at a mid level compared with January of 2017 and 2016 .
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 January 2018 Selling Price per Square Foot of $ 278 was up 7.3 % from $ 259 last month and up 5.4 % from 263 in January 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 January 2018 Selling Price vs Original List Price of 88.8 % was up from 87.9 % last month and up from 87.7 % in January 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 January 2018 was 54 , up 58.8 % from 34 last month and up 31.7 % from 41 in January of last year .
Days On Market for Sold Properties
200 |
|
|
180 |
|
|
160 |
|
|
140 |
132 |
120 |
120 |
|
|
100 |
87 |
80 |
60 |
40 |
20 |
0 |
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 |
J |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
Selling Price per Square Foot |
3 Mo Avg |
400 380 360 340 320 300 280 260 240 220 200
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
300 250 200 150 100 50
297
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 |
J |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
Selling Price versus Listing Price Ratio
89.8 %
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 |
J |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
Inventory / New Listings / Sales |
177 175 165 175 176 161 164
Avg Selling Price divided by Avg Listing Price for sold properties during the month
163 163 160 155
263
87.7 %
3 Mo Avg
3 Mo Avg
180 200 205 211 222 222 209 200 204 200 191 175 183 194
214 235 230 230 239
220 206 218 195 191 199
278
88.8 %
0
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 |
J |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
c o l d w e l l b a n k e r h o m e s . c o m | 115