Florida Market Viewpoint April 2017 - Page 167

Market Action Report County: Orange Orange County April 2017 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 April was 61, down 6.2% from 65 days last month and down 6.2% from 65 days in April of last year. The April 2017 DOM was at its lowest level compared with April of 2016 and 2015. 3 Mo Avg 90 75 80 65 70 61 60 50 40 30 20 10 0 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 O N D J F M A 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 Ave &vR6W2&6R6&R7FVB'FRv֗rbv"pVB&W'FW2FR&WBFR6VƖr&6RW"7V&RfB2&R&ƗVBF6F"FRF&V7Fb&W'GfVW2FR&#r6VƖr&6RW"7V&RfBbC3v2W2Pg&C3r7BFBW"Rg&#B&b7BV"SCPC3P3#P#PP2fp3#@ 2Bb2Bb2Bb@P`p6VƖr&6RfW'7W2Ɨ7Fr&6R&F6VƖr&6Rg2&vƗ7Fw2&6PFR6VƖr&6Rg2&vƗ7Fr&6R&WfV2FRfW&vPVBFB6VW'2&Rw&VVrF6RFvg&FV &vƗ7B&6RFRvW"FR&F2&VrRFR&R`'WW"w2&WBW7G2&FB"&fRRF6FW2&Pb6VW"w2&WBFR&#r6VƖr&6Rg2&vƗ7@&6Rbb"Rv2Wg&RR7BFBWg&УRR&b7BV"2fpfr6VƖr&6RFfFVB'frƗ7Fr&6Rf"6B&W'FW2GW&rFRFrPb"PRPbPRPBRPBP2P"PP2Bb2Bb2Bb@P`pfVF'WrƗ7Fw26W0fVF'WrƗ7Fw26W02BRbrF27BfWrbFR&WB6&W2FǒfVF'`&W'FW2f"6RrvFWrƗ7Fw2B6W2FRw&6w2FR&62V6V6ƗGbFR&WB2vV2FP&VF6&WGvVVFW6RFV2FRV&W"bWrƗ7Fw0&#rv2"3BFvRg&"S#7BF@Fv"bRg&"3cb&b7BV""2Bb2Bb2Bb@P`p6&vB *6GvV&W"&W6FVF&VW7FFR6GvV&W"VFVB&VF'2&6R&vS&W'GGW34d6FF2&fFVB6W'FW7bw&VFW"f'BVFW&FR$TD%2$TD"766Fb'F6VG֖֒766Fb$TD%2גf&F&Vv2W2&V&&Bb$TD%2$TD%2766FbFR&V6W276R67B766Fb$TD%0FW2Bv'&B"wV&FVRFR67W&7bF2f&FB2FR&W76&ƗGb'WW""6VW"FfW&gBf&F&VWfBF7V667VW.( 2&VW7FFRG&67F2GrV"W"W22Чc