FL ARCHIVED June 2017 - Page 57

Englewood Community Information | School District

Englewood 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 June was 94 , up 42.4 % from 66 days last month and up 30.6 % from 72 days in June of last year . The June 2017 DOM was at a mid level compared with June 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 June 2017 Selling Price per Square Foot of $ 174 was up 9.1 % from $ 159 last month and up 9.0 % from 160 in June 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 June 2017 Selling Price vs Original List Price of 91.6 % was down from 93.6 % last month and down from 93.5 % in June 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 June 2017 was 95 , down 16.7 % from 114 last month and up 14.5 % from 83 in June of last year .
Days On Market for Sold Properties
180
160
140
120
100
90
94
80
72
60
40
20
0
J
A
S O N D
J
F M A M J
J
A
S O N D
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F M A M J
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S O N D
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F M A M J
14
15
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17
Selling Price per Square Foot
3 Mo Avg
200 190 180 170 160 150 140 130 120 110 100
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 %
600 500 400 300 200 100
144
J
A
S O N D
J
F M A M J
J
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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
160
Selling Price versus Listing Price Ratio
93.2 %
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
F M A M J
14
15
16
17
Inventory / New Listings / Sales
487 467 462 501 489 492 516
Avg Selling Price divided by Avg Listing Price for sold properties during the month
502 459
432 396
354 318 308 318 352 367 375
403 460 449
403 375
93.5 %
341 316 300 310 330 332 346
382
425
3 Mo Avg
3 Mo Avg
434 392 374
174
91.6 %
352
0
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
F M A M J
14
15
16
17
c o l d w e l l b a n k e r h o m e s . c o m | 57
Market Action Report City: Englewood June 2017 Englewood Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 June was 94, up 42.4% from 66 days last month and up 30.6% from 72 days in June of last year. The June 2017 DOM was at a mid level compared with June of 2016 and 2015. 3 Mo Avg 180 160 140 120 94 90 100 72 80 60 40 20 0 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 F M A M J 14 15 16 17 Selling Price per Square Foot 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 June 2017 Selling Price per Square Foot of $174 was up 9.1% from $159 last month and up 9.0% from 160 in June of last year. 200 190 180 170 160 150 140 130 120 110 100 3 Mo Avg 174 160 144 J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price. The lower the ratio is below 100% the more of a Buyer's market exists, a ratio at or above 100% indicates more of a Seller's market. The June 2017 Selling Price vs Original List Price of 91.6% was down from 93.6% last month and down from 93.5% in June of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 97% 96% 95% 94% 93% 92% 91% 90% 89% 88% 87% 93.5% 93.2% 91.6% J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 15 16 17 Inventory / New Listings / Sales Inventory / New Listings / Sales 200 300 400 500 600 This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual 6V6ƗGbFR&WB2vV2FP&VF6&WGvVVFW6RFV2FRV&W"bWrƗ7Fw0VR#rv2RFvbrRg&B7BFBWBRRg&2VRb7BV"2Bb2Bb2Bb@P`p6&vB *6GvV&W"&W6FVF&VW7FFR6GvV&W"VFVB&VF'2&6R&vS&W'GGW34d6FF2&fFVB6W'FW7bw&VFW"f'BVFW&FR$TD%2$TD"766Fb'F6VG֖֒766Fb$TD%2גf&F&Vv2W2&V&&Bb$TD%2$TD%2766FbFR&V6W276R67B766Fb$TD%0FW2Bv'&B"wV&FVRFR67W&7bF2f&FB2FR&W76&ƗGb'WW""6VW"FfW&gBf&F&VWfBF7V667VW.( 2&VW7FFRG&67F2GrV"W"W22ЧS