Weston Community Information | School District
Weston 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 April was 72 , down 20.9 % from 91 days last month and up 7.5 % from 67 days in April of last year . The April 2018 DOM was at a mid level compared with April of 2017 and 2016 . |
140 120 100 80 60 |
Days On Market for Sold Properties
79
67
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3 Mo Avg
72
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40 |
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20 |
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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 April 2018 Selling Price per Square Foot of $ 175 was up 1.6 % from $ 172 last month and down 6.3 % from 186 in April of last year .
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 April 2018 was 133 , up 20.9 % from 110 last month and down 26.9 % from 182 in April of last year .
0
200 195 190 185 180 175 170 165 160 155 150
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 98 % original list price . The lower the ratio is below 100 % the more of 97 % a Buyer ' s market exists , a ratio at or above 100 % indicates more 96 % of a Seller ' s market . The April 2018 Selling Price vs Original
95 %
List Price of 93.8 % was up from 93.3 % last month and down from 95.4 % in April of last year .
94 % 93 % 92 % 91 % 90 % 89 %
600 500 400 300
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15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
185
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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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F M A M J |
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15 |
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16 |
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17 |
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18 |
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Selling Price versus Listing Price Ratio
94.5 %
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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F M A M J |
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A S O N D |
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F M A |
15 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
475 472 478 459 438 414
384
Avg Selling Price divided by Avg Listing Price for sold properties during the month
385 417
466 500 512 519 528 538
509
451 440 430 405 442 445 458
186
95.4 %
471
460 510 520 498 456 464
425 395
3 Mo Avg
398 397 394
175
93.8 %
408
200 100
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
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