Days On Market for Sold Properties |
3 Mo Avg |
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Market Time |
200 |
|||||||||||||||||||||
The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward |
180 |
|||||||||||||||||||||
trend in DOM tends to indicate a move towards more of a |
160 |
|||||||||||||||||||||
Buyer ' s market , a downward trend a move towards more of a |
140 |
|||||||||||||||||||||
Seller ' s market . The DOM for May was 114 , up 22.6 % from 93 days last month and down 1.7 % from 116 days in May of last year .
The May 2017 DOM was at a mid level compared with May of
|
120
100
|
113 |
116 |
114 |
||||||||||||||||||
2016 and 2015 . |
80 |
|||||||||||||||||||||
60 |
||||||||||||||||||||||
40 |
||||||||||||||||||||||
20 |
||||||||||||||||||||||
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 |
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
|
100
95
90
|
91 |
96 |
99 |
||||||||||||||||||
more normalized indicator on the direction of Property values . |
85 |
|||||||||||||||||||||
The May 2017 Selling Price per Square Foot of $ 99 was up 2.3 % |
80 |
|||||||||||||||||||||
from $ 97 last month and up 3.6 % from 96 in May of last year . |
75 |
|||||||||||||||||||||
70 |
||||||||||||||||||||||
65 |
||||||||||||||||||||||
60 |
||||||||||||||||||||||
55 |
||||||||||||||||||||||
50 |
||||||||||||||||||||||
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 |
88 % | ||||||||||||
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 |
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 |