Panama City Community Information | School District
Panama City 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 July was 142 , up 13.6 % from 125 days last month and up 13.6 % from 125 days in July of last year . The July 2017 DOM was at a mid level compared with July 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 July 2017 Selling Price per Square Foot of $ 228 was up 34.0 % from $ 170 last month and up 39.3 % from 164 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 93.6 % was up from 93.1 % last month and down from 99.2 % in July of last year .
900 800 700 600 500 400 300 200 100
0
240 220 200 180 160 140 120 100
105 % 100 % 95 % 90 % 85 %
Days On Market for Sold Properties
104
Selling Price versus Listing Price Ratio
125 142
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 |
164 164
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 |
|
Avg Selling Price divided by Avg Listing Price for sold properties during the month
85.1 %
99.2 %
3 Mo Avg
3 Mo Avg
J
228
J
93.6 %
80 %
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 14 , up 7.7 % from 13 last month and up 7.7 % from 13 in July of last year .
75 %
160 140 120 100 80 60 40 20 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 |
|
Inventory / New Listings / Sales |
86 86 87 84
57 67 69 75
85 98 93 109 111 124 119 109 112 133 138 138 139 150 149 144
127
113 107 102 98 90 87
72 75
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 |
|
82 74
J
68
J
186 | c o l d w e l l b a n k e r h o m e s . c o m