Longboat Key Community Information | School District
Longboat Key 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 165 , up 14.6 % from 144 days last month and up 52.8 % from 108 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
|
112 108 |
165 |
|
50 |
|
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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 $ 414 was down 10.5 % from $ 462 last month and down 4.9 % from 435 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 88.8 % was up from 88.6 % last month and down from 90.4 % in August of last year .
0
550 530 510 490 470 450 430 410 390 370 350
98 % 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 |
391
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 |
|
|
|
435
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.4 %
90.4 %
3 Mo Avg
414
88.8 %
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 33 , down 2.9 % from 34 last month and down 19.5 % from 41 in August of last year .
84 %
500 450 400 350 300 250 200 150 100 50 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 |
|
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|
17 |
|
|
|
Inventory / New Listings / Sales |
290
302 325 329 342 341 318 310
283 261 251 231 229 245
276
298 356 368 361
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 |
|
|
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356 335
309 287 277 284
333 360 377 408 427 437
413 388
347 310
275 c o l d w e l l b a n k e r h o m e s . c o m | 59