PASCO 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 May was 192 , up 9500.0 % from 2 days last month and down 40.2 % from 321 days in May of last year . The May 2018 DOM was at its lowest level compared with May of 2017 and 2016 . |
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321 |
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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 May 2018 Selling Price per Square Foot of $ 246 was up 28.3 % from $ 192 last month and up 45.9 % from 168 in May of last year .
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Selling Price per Square Foot |
3 Mo Avg |
168
246
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 May 2018 Selling Price vs Original List Price of 84.6 % was down from 96.1 % last month and up from 65.9 % in May of last year .
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140 % 120 % 100 % 80 % 60 %
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
65.9 %
3 Mo Avg
84.6 %
40 % 20 %
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 May 2018 was 5 , up 66.7 % from 3 last month and up 66.7 % from 3 in May of last year .
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Inventory / New Listings / Sales |
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18 | coldwellbankerluxury . com