Pensacola Community Information | School District
Pensacola Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 August was 63 , down 1.6 % from 64 days last month and down 19.2 % from 78 days in August of last year . The August 2017 DOM was at its lowest level compared with August of 2016 and 2015 . |
120
100
80
60
40
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103 |
78 |
63 |
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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 August 2017 Selling Price per Square Foot of $ 99 was down 3.8 % from $ 103 last month and up 10.1 % from 90 in August 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 August 2017 Selling Price vs Original List Price of 95.8 % was down from 96.4 % last month and up from 94.4 % in August of last year .
0
150 140 130 120 110 100 90 80 70 60 50
98 % 96 % 94 % 92 % 90 % 88 %
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
81
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.5 %
90
94.4 %
3 Mo Avg
99
95.8 %
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 August 2017 was 457 , down 1.9 % from 466 last month and up 4.3 % from 438 in August of last year .
86 %
2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
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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 |
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A |
14 |
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15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
1,821 1,827 1,797 1,749 1,776 1,807 1,805 1,761 1,758 1,787 1,748 1,710 1,639 1,602 1,613 1,529 1,484 1,405 1,419
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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1,408 1,393 1,399 1,412 1,377 1,360 1,300 1,310 1,226 1,184 1,245 1,283 1,266 1,292 1,280 1,299
1,209
190 | c o l d w e l l b a n k e r h o m e s . c o m