Brandon Community Information | School District
Brandon 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 November was 62 , up 51.2 % from 41 days last month and up 1.6 % from 61 days in November of last year . The November 2017 DOM was at a mid level compared with November of 2016 and 2015 .
120
100
80
60
40
20
Days On Market for Sold Properties
3 Mo Avg
61 62
47
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 November 2017 Selling Price per Square Foot of $ 123 was up 0.9 % from $ 122 last month and up 15.1 % from 107 in November 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 November 2017 was 118 , up 28.3 % from 92 last month and up 21.6 % from 97 in November of last year .
0
150 140 130 120 110 100 90 80 70 60 50
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 |
99 % |
original list price . The lower the ratio is below 100 % the more of |
98 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more |
97 % |
|
of a Seller ' s market . The November 2017 Selling Price vs
Original List Price of 96.3 % was up from 95.9 % last month and
|
96 % |
down from 96.5 % in November of last year . |
95 % |
94 % |
93 % 92 % 91 % 90 %
400 350 300 250 200 150 100 50 0
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 J J A S O N 14 15
16 17
Selling Price per Square Foot
3 Mo Avg
D J 14 15
98
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 J |
J |
A S O N |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price versus Listing Price Ratio
96.0 %
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 J J A S O N 14 15
16
17 Inventory / New Listings / Sales
349
295
D J
14 15
291 290
316 293 282
Avg Selling Price divided by Avg Listing Price for sold properties during the month
301 274 271 276 265 267
244 226 229 216 224 217
107
3 Mo Avg
123
96.5 % 96.3 %
232 232 235 230 223 211 211 203 199 204 221 233 229 245
224 196 184
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 J |
J |
A S O N |
|
|
|
16 |
|
|
|
17 |
|
|
|
12 | c o l d w e l l b a n k e r h o m e s . c o m