Englewood Community Information | School District
Englewood 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 January was 73 , down 7.6 % from 79 days last month and down 13.1 % from 84 days in January of last year . The January 2018 DOM was at its lowest level compared with January of 2017 and 2016 . |
120
100
80
60
40
|
78 |
84 |
73 |
|
20 |
|
|
|
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 $ 173 was up 5.4 % from $ 165 last month and down 0.9 % from 175 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 94.2 % was up from 93.3 % last month and up from 93.7 % 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 157 , up 31.9 % from 119 last month and up 12.9 % from 139 in January of last year .
0
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
600 500 400 300 200
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 |
171
Selling Price versus Listing Price Ratio
175 173
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 |
94.4 %
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 |
502 459
432 396
354 318 309
Avg Selling Price divided by Avg Listing Price for sold properties during the month
319 353 368 375
403 461 450
404
376 342 317 301 311 330 333 346
93.7 %
383 427 435 393 376 358 345 340 338
3 Mo Avg
374 414 429
94.2 %
434
100 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 | 57