Seminole County Community Information | School District
Seminole County 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 May was 44 , up 2.3 % from 43 days last month and down 26.7 % from 60 days in May of last year . The May 2017 DOM was at its lowest level compared with May of 2016 and 2015 .
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 May 2017 Selling Price per Square Foot of $ 132 was up 2.2 % from $ 130 last month and up 8.9 % from 122 in May 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 May 2017 Selling Price vs Original List Price of 96.7 % was down from 96.9 % last month and up from 96.0 % in May 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 May 2017 was 863 , up 14.3 % from 755 last month and up 9.9 % from 785 in May of last year .
Days On Market for Sold Properties
100 |
|
|
90 |
|
|
80 |
|
|
70 |
59 |
60 |
60 |
|
|
50 |
44 |
40 |
30 |
20 |
10 |
0 |
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 A M |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 %
2,500
2,000
1,500
1,000
500
109
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 A M |
14 |
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price versus Listing Price Ratio
94.8 %
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 A M |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
2,112 2,204 2,213 2,158 2,150 2,074
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,982 1,937 1,880 1,909 1,965 1,986 1,980 2,001 1,927 1,883 1,832 1,691 1,591 1,568 1,570 1,537 1,571
122
96.0 %
1,527 1,578 1,573 1,536 1,467 1,449 1,353 1,205 1,182
3 Mo Avg
3 Mo Avg
1,172 1,182 1,200
132
96.7 %
1,224
0
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 A M |
14 |
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
c o l d w e l l b a n k e r h o m e s . c o m | 177