Brevard County Community Information | School District
Brevard County 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 September was 50 , up 6.4 % from 47 days last month and down 2.0 % from 51 days in September of last year . The September 2017 DOM was at its lowest level compared with September 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 September 2017 Selling Price per Square Foot of $ 136 was down 0.8 % from $ 137 last month and up 9.8 % from 124 in September 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 |
97 % |
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 |
96 % |
of a Seller ' s market . The September 2017 Selling Price vs |
95 % |
Original List Price of 95.0 % was down from 95.4 % last month and up from 94.4 % in September of last year . |
94 % |
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 September 2017 was 803 , down 44.8 % from 1,454 last month and down 34.9 % from 1,234 in September of last year .
80 70 60 50 40 30 20 10 0
150 140 130 120 110 100 90 80 70 60 50
93 % 92 % 91 % 90 %
4,000 3,500 3,000 2,500 2,000 1,500 1,000
Days On Market for Sold Properties
58
Selling Price versus Listing Price Ratio
51 50
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 |
3 Mo Avg |
500
109
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 |
|
|
|
0
124
94.4 % 94.4 %
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 |
|
|
|
Inventory / New Listings / Sales |
3,602 3,625 3,540 3,635 3,553
3,366
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3,333 3,264 3,208 3,158 3,016 3,004 3,117 3,166 3,168 3,352 3,306 3,213 3,132 3,054 3,178 3,060 2,920 2,866 2,879 2,981 2,939 2,945 2,899 2,876 2,909 2,934
3 Mo Avg
3 Mo Avg
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 |
|
|
|
2,992 3,057 3,000
136
95.0 %
2,864
136 | c o l d w e l l b a n k e r h o m e s . c o m