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 100 , up 22.0 % from 82 days last month and down 4.8 % from 105 days in September of last year . The September 2017 DOM was at its lowest level compared with September of 2016 and 2015 . |
140 120 100 80 60 40 |
Days On Market for Sold Properties
104 105
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3 Mo Avg
100
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20 |
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 |
290 |
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 |
270 |
a more normalized indicator on the direction of Property values . |
250 |
The September 2017 Selling Price per Square Foot of $ 187 was | |
up 2.3 % from $ 183 last month and down 0.0 % from 187 in |
230 |
September of last year . |
210 |
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 |
96 % |
original list price . The lower the ratio is below 100 % the more of |
95 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The September 2017 Selling Price vs |
94 % |
Original List Price of 93.3 % was down from 93.9 % last month |
93 % |
and down from 94.5 % in September of last year . |
92 % |
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Selling Price per Square Foot |
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Inventory / New Listings / Sales |
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