Destin Community Information | School District
Destin 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 147 , up 3.5 % from 142 days last month and equal to 147 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
Days On Market for Sold Properties
3 Mo Avg
147 147
99
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 $ 246 was down 5.6 % from $ 261 last month and up 2.3 % from 241 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 93.8 % was down from 94.1 % last month and up from 91.3 % in July of last year .
0
300 290 280 270 260 250 240 230 220 210 200
96 % 94 % 92 % 90 % 88 % 86 %
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 |
234
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 |
|
241
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.8 % 91.3 %
3 Mo Avg
J
246
J
93.8 %
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 106 , down 20.3 % from 133 last month and down 10.2 % from 118 in July of last year .
84 %
1,200
1,000 800 600 400
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 |
959 954 942 920 893 877 882 897 891 888 887 904 909 924 904 882 858 849 832 859 861 835 851 813 787 771 775 755 701 677 671 691 683 668 665
J
638
200 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 |
|
J
200 | c o l d w e l l b a n k e r h o m e s . c o m