Plant City 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 March was 64 , up 56.1 % from 41 days last month and up 100.0 % from 32 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .
Plant City 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 March was 64 , up 56.1 % from 41 days last month and up 100.0 % from 32 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .
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 $ 116 was up 1.5 % from $ 114 last month and up 12.7 % from 102 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 95.6 % was up from 93.5 % last month and up from 95.0 % 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 95 , up 5.6 % from 90 last month and up 1.1 % from 94 in March of last year .
100 90 80 70 60 50 40 30 20 10 0
150 140 130 120 110 100 90 80 70 60 50
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
300 250 200 150 100
Days On Market for Sold Properties
67
|
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 |
F M |
15 |
|
|
|
16 |
|
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|
17 |
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|
|
18 |
|
Selling Price per Square Foot |
3 Mo Avg |
89
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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 |
F M |
15 |
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|
16 |
|
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|
17 |
|
|
|
|
18 |
|
Selling Price versus Listing Price Ratio
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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 |
F M |
15 |
|
|
16 |
|
|
|
17 |
|
|
|
18 |
|
Inventory / New Listings / Sales |
270
243 256 268 248 236 239
Avg Selling Price divided by Avg Listing Price for sold properties during the month
233
191 193 189
32
102
94.8 % 95.0 %
177
171 186 187 201 209
183 185 192 169 173 177 174 172 167 172 185 191 184 174 170
3 Mo Avg
3 Mo Avg
153 161 162
64
116
95.6 %
156
50 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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14 | c o l d w e l l b a n k e r h o m e s . c o m