Weston Community Information | School District
Weston 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 March was 85 , equal to 85 days last month and up 16.4 % from 73 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 . |
140 120 100 80 60 |
73 73 |
85 |
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40 |
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20 |
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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 March 2018 Selling Price per Square Foot of $ 172 was down 3.8 % from $ 179 last month and down 5.0 % from 181 in March 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 March 2018 Selling Price vs Original List Price of 93.0 % was down from 94.0 % last month and down from 95.6 % in March 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 March 2018 was 110 , up 18.3 % from 93 last month and down 37.9 % from 177 in March of last year .
0
200 195 190 185 180 175 170 165 160 155 150
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
600 500 400 300
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A
M J
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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 |
15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
181 181
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A
M J
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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 |
15 |
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16 |
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17 |
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18 |
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Selling Price versus Listing Price Ratio
94.3 %
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A
M J
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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 |
15 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
481 475 472 478 459 438 414
Avg Selling Price divided by Avg Listing Price for sold properties during the month
384 385
417
466 500 512 519 528 538
509
451 440 430
404 441 445
95.6 %
458 471 460 509 519 497 454 463
424
3 Mo Avg
394 397 395
172
93.0 %
384
200 100
0
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A
M J
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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 |
15 |
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16 |
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17 |
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18 |
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