FL ARCHIVED June 2017 | Page 18

Pasco County Community Information | School District

Pasco County Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
Market Time
100
The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
90
trend in DOM tends to indicate a move towards more of a
80
70
Buyer ' s market , a downward trend a move towards more of a
70
Seller ' s market . The DOM for June was 51 , down 10.5 % from 57 days last month and down 7.3 % from 55 days in June of last year .
The June 2017 DOM was at its lowest level compared with June
60
50
55
51
of 2016 and 2015 .
40
30
20
10
0
J
A
S O N D
J
F M A M J
J
A
S O N D
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F M A M J
J
A
S O N D
J
F M A M J
14
15
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Selling Price per Square Foot
Selling Price per Square Foot
3 Mo Avg
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
150
140
130
more normalized indicator on the direction of Property values .
120
The June 2017 Selling Price per Square Foot of $ 107 was up 1.8 %
110
107
from $ 105 last month and up 10.7 % from 96 in June of last year .
100
96
90
84
80
70
60
50
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
F M A M J
14
15
16
17
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 June 2017 Selling Price vs Original List Price of 96.0 % was up from 95.3 % last month and up from 95.4 % in June of last year .
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 June 2017 was 1,287 , up 0.4 % from 1,282 last month and up 12.9 % from 1,140 in June of last year .
97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 % 87 %
4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000
500 0
Selling Price versus Listing Price Ratio
93.8 %
J
A S O N D
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F M A M J
J
A S O N D
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F M A M J
J
A S O N D
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F M A M J
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Inventory / New Listings / Sales
4,055 3,972
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3,938 3,938 3,853 3,746 3,778 3,727 3,619 3,575 3,534 3,386 3,334 3,274 3,177 3,078 3,071 3,007 3,006 2,944 2,888 2,796 2,626 2,660 2,584 2,542 2,608 2,620 2,643 2,571 2,618 2,573 2,597 2,450 2,397 2,298
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
F M A M J
14
15
16
17
95.4 %
3 Mo Avg
96.0 %
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