Pensacola Beach Community Information | School District
Pensacola Beach 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 71 , down 41.8 % from 122 days last month and down 40.3 % from 119 days in January of last year . The January 2018 DOM was at its lowest level compared with January of 2017 and 2016 . |
250
200
150
100
|
128 |
119 |
71 |
|
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 January 2018 Selling Price per Square Foot of $ 350 was down 4.0 % from $ 364 last month and up 5.2 % from 332 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 96.0 % was up from 95.2 % last month and up from 91.8 % in January of last year .
0 |
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 |
J |
15 |
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16 |
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17 |
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18 |
Selling Price per Square Foot |
3 Mo Avg |
400 380 360 340 320 300 280 260 240 220 200
98 % 96 % 94 % 92 % 90 % 88 %
296
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 |
J |
15 |
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16 |
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17 |
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|
18 |
332
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.8 % 91.8 %
3 Mo Avg
350
96.0 %
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 26 , up 62.5 % from 16 last month and equal to 26 in January of last year .
86 %
200 180 160 140 120 100 80 60 40 20 0
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 |
J |
15 |
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16 |
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17 |
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18 |
Inventory / New Listings / Sales |
152
143 152 153 162 156 157 146 139
129 120
136 147 154 175 172 176 176 168
149 149 152
139 124 126 129 121 125 114 119 116 125 127 111 106 113
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 |
J |
15 |
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16 |
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17 |
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18 |
192 | c o l d w e l l b a n k e r h o m e s . c o m