Florida Market Viewpoint April 2017 - Page 97

Market Action Report City: Pembroke Pines April 2017 Pembroke Pines 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 52, down 17.5% from 63 days last month and down 26.8% from 71 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 100 90 80 71 67 70 60 52 50 40 30 20 10 0 M J J A S O N D J F