Santa Rosa County Community Information | School District
Santa Rosa County Community Information | School District
Market Time |
160 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
140 |
|
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
120 |
Seller ' s market . The DOM for May was 83 , up 9.2 % from 76 days |
100 |
last month and down 27.8 % from 115 days in May of last year . |
The May 2017 DOM was at its lowest level compared with May of |
80 |
2016 and 2015 . |
60 |
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 $ 120 was up 2.3 % from $ 117 last month and up 11.6 % from 107 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 97.5 % was down from 97.6 % last month and up from 96.4 % 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 532 , down 2.7 % from 547 last month and down 9.1 % from 585 in May of last year .
40 20
Days On Market for Sold Properties
126
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
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
2,500
2,000
1,500
1,000
500
Selling Price versus Listing Price Ratio
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 |
115
105 107
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 |
|
2,355 2,285 2,223 2,186 2,204 2,169
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,172 2,290 2,243 2,306 2,276
94.8 %
2,292
2,271 2,164 2,085 2,019 2,005 1,936 1,896 1,892 1,899 1,874 1,853
96.4 %
1,854
1,847 1,728 1,667 1,628 1,583 1,533 1,495 1,476
3 Mo Avg
3 Mo Avg
1,471 1,443 1,388
83
120
97.5 %
1,390
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 |
|
208 | c o l d w e l l b a n k e r h o m e s . c o m