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 May was 70 , down 11.4 % from 79 days last month and down 16.7 % from 84 days in May of last year . The May 2017 DOM was at its lowest level compared with May of 2016 and 2015 . |
120
100
80
60
40
|
86 84 |
70 |
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 |
3 Mo Avg |
||||||||||||||
99 |
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 vs Original Listings Price |
Selling Price versus Listing Price Ratio |
3 Mo Avg |
||||||||||||||||||||
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 |
97 %
96 %
|
Avg Selling Price divided by Avg Listing Price for sold properties during the month |
95.8 % |
|||||||||||||||||||
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 95.8 % was up from 95.2 % last month and up from 94.2 % in May of last year .
|
95 %
94 %
93 %
|
92.7 % |
94.2 % |
|||||||||||||||||||
92 % |
||||||||||||||||||||||
91 % |
||||||||||||||||||||||
90 % |
||||||||||||||||||||||
89 % |
||||||||||||||||||||||
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 |
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 1,330 , up 14.3 % from 1,164 last month and up
21.2 % from 1,097 in May of last year .
|
4,500
4,000
3,500
3,000
2,500
|
|||||||||||||||||||||
2,000 | ||||||||||||||||||||||
1,500 | ||||||||||||||||||||||
1,000 | ||||||||||||||||||||||
500 | ||||||||||||||||||||||
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 |