Tarpon Springs Community Information | School District
Tarpon Springs 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 December was 52 , down 46.4 % from 97 days last month and down 3.7 % from 54 days in December of last year . The December 2017 DOM was at its lowest level compared with December of 2016 and 2015 .
120
100
80
60
40
20
Days On Market for Sold Properties
3 Mo Avg
71
54 52
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 December 2017 Selling Price per Square Foot of $ 147 was up 4.5 % from $ 140 last month and up 16.5 % from 126 in December 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 |
98 % |
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 |
96 % |
of a Seller ' s market . The December 2017 Selling Price vs |
94 % |
Original List Price of 94.8 % was up from 91.5 % last month and up from 94.0 % in December of last year . |
92 % |
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 December 2017 was 57 , down 31.3 % from 83 last month and down 17.4 % from 69 in December of last year .
0
200 190 180 170 160 150 140 130 120 110 100
90 % 88 % 86 % 84 %
450 400 350 300 250 200 150 100 50 0
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 S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
120
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 S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price versus Listing Price Ratio
92.7 %
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 S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory / New Listings / Sales |
408 402 396 382 383 349 336
Avg Selling Price divided by Avg Listing Price for sold properties during the month
338 325 311 299 310 318 304 313 289 290 281 274 262 269 271 282
126
94.0 %
263 266 259 283 270 274 271 253 255
3 Mo Avg
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 S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
239 237 231
147
94.8 %
208
36 | c o l d w e l l b a n k e r h o m e s . c o m