Destin Community Information | School District
Destin 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 175 , up 19.0 % from 147 days last month and up 35.7 % from 129 days in August of last year . The August 2017 DOM was at a mid level compared with August of 2016 and 2015 . |
250
200
150
100
|
204 |
129 |
175 |
|
50 |
|
|
|
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 $ 279 was up 13.1 % from $ 246 last month and up 10.2 % from 253 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 92.4 % was down from 93.8 % last month and down from 93.7 % in August of last year .
0
300 290 280 270 260 250 240 230 220 210 200
96 % 94 % 92 % 90 % 88 % 86 %
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 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
231
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 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
253
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.2 %
93.7 %
3 Mo Avg
279
92.4 %
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 109 , equal to 109 last month and up 4.8 % from 104 in August of last year .
84 %
1,000 900 800 700 600 500 400 300 200 100
0
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 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory / New Listings / Sales |
950 938 916 888 872 877 892 886 883 882 899 905 920 899 877 853 844 827 854
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 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
856 828 844 812 786 770 775 756 702 679 674 694 686 674 672 656 623
198 | c o l d w e l l b a n k e r h o m e s . c o m