Belleair Community Information | School District
Belleair 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 90 , down 16.7 % from 108 days last month and down 37.5 % from 144 days in September of last year . The September 2017 DOM was at its lowest level compared with September of 2016 and 2015 . |
300
250
200
150
100
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Days On Market for Sold Properties
133
144
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3 Mo Avg
90
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50 |
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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 September 2017 Selling Price per Square Foot of $ 188 was down 22.8 % from $ 243 last month and up 3.2 % from 182 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 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 September 2017 Selling Price vs Original List Price of 93.4 % was up from 87.9 % last month and up from 89.7 % in September of last year .
0
240 220 200 180 160 140 120 100
100 % 95 % 90 % 85 %
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14 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
182 182
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.7 % 89.7 %
3 Mo Avg
188
93.4 %
80 % 75 %
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 7 , down 36.4 % from 11 last month and down 46.2 % from 13 in September of last year .
70 %
120 100 80 60 40
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14 |
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Inventory / New Listings / Sales |
87 97 92 88 92 104 98 98 101 99
90
82 93 89 86
78 86 81
71
75
68 68 73 73 76
69 70 73
66
68 62 60 61 66
59
52
20 0
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14 |
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24 | c o l d w e l l b a n k e r h o m e s . c o m