FL ARCHIVED January 2018 | Page 146

Flagler County Community Information | School District

Flagler County 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 January was 84 , up 15.1 % from 73 days last month and up 21.7 % from 69 days in January of last year . The January 2018 DOM was at a mid level compared with January of 2017 and 2016 .
120
100
80
60
40
102
69
84
20
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 January 2018 Selling Price per Square Foot of $ 132 was up 2.4 % from $ 129 last month and up 11.4 % from 118 in January 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 January 2018 Selling Price vs Original List Price of 96.8 % was up from 96.7 % last month and down from 97.2 % in January of last year .
0
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M A M J
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F M A M J
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F M A M J
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16
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Selling Price per Square Foot
3 Mo Avg
150 145 140 135 130 125 120 115 110 105 100
98 % 97 % 97 % 96 % 96 % 95 % 95 %
119 118
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M A M J
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F M A M J
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Selling Price versus Listing Price Ratio
Avg Selling Price divided by Avg Listing Price for sold properties during the month 97.2 %
96.2 %
3 Mo Avg
132
96.8 %
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 January 2018 was 388 , up 74.0 % from 223 last month and down 3.0 % from 400 in January of last year .
94 %
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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 M J
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A S O N D
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18
Inventory / New Listings / Sales
1,600 1,400 1,200 1,000 800 600 400 200
0
1,405 1,367 1,355 1,359 1,368 1,328 1,304 1,303 1,279 1,264 1,208 1,288 1,319 1,350 1,290 1,265 1,234 1,220 1,256
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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 M J
J
A S O N D
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15
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18
1,207 1,132 1,141 1,114 1,182 1,208 1,201 1,205 1,213 1,246 1,205 1,246 1,213 1,199 1,178 1,104 1,142
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