Market Action Report
City: Pinecrest
September 2017
Pinecrest
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 September was 181, up 94.6%
from 93 days last month and up 48.4% from 122 days in
September of last year. The September 2017 DOM was at a mid
level compared with September of 2016 and 2015.
3 Mo Avg
200
181
180
160
140
122
120
100
75
80
60
40
20
0
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 J A S
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 September 2017 Selling Price per Square Foot of $346 was
up 1.1% from $342 last month and up 11.9% from 309 in
September of last year.
3 Mo Avg
390
370
346
350
330
309
310
290
270
257
250
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 J A S
14
15
16
17
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Origi