Bay County Community Information | School District
Bay County 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 July was 177 , up 26.4 % from 140 days last month and up 38.3 % from 128 days in July of last year . The July 2017 DOM was at a mid level compared with July of 2016 and 2015 . |
250
200
150
100
|
119 |
128 |
177 |
|
50 |
|
|
|
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 July 2017 Selling Price per Square Foot of $ 234 was up 5.2 % from $ 222 last month and up 6.6 % from 219 in July 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 July 2017 Selling Price vs Original List Price of 93.3 % was down from 94.9 % last month and down from 95.1 % in July 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 July 2017 was 47 , down 13.0 % from 54 last month and down 25.4 % from 63 in July of last year .
0
250 240 230 220 210 200 190 180 170 160 150
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
450 400 350 300 250 200 150 100 50 0
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 |
F M A M J |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
184
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 |
F M A M J |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
219
Selling Price versus Listing Price Ratio
91.8 %
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 |
F M A M J |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
301
306 326 323
285 316 299
Avg Selling Price divided by Avg Listing Price for sold properties during the month
305
341 374 371 384 389 395 372 359 362 391 398 399 407 420 408
95.1 %
410 389 384 393 370 356 337 334
289
3 Mo Avg
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 |
F M A M J |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
276 283 268
J
234
J
93.3 %
J
255
J
184 | c o l d w e l l b a n k e r h o m e s . c o m