Escambia County Community Information | School District
Escambia 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 November was 76 , equal to 76 days last month and down 15.6 % from 90 days in November of last year . The November 2017 DOM was at its lowest level compared with November of 2016 and 2015 . |
140 120 100 80 60 40 |
Days On Market for Sold Properties
91 90
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3 Mo Avg
76
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20 |
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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 $ 116 was up 4.0 % from $ 112 last month and up 8.4 % from 107 in November 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 November 2017 Selling Price vs Original List Price of 94.2 % was down from 94.8 % last month and down from 94.4 % 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 449 , down 10.6 % from 502 last month and down 1.8 % from 457 in November of last year .
0
150 140 130 120 110 100 90 80 70 60 50
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 % 88 %
3,000 2,500 2,000 1,500 1,000
500
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
95
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 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio
91.2 %
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
2,345 2,391 2,459 2,455 2,420 2,413
Avg Selling Price divided by Avg Listing Price for sold properties during the month
2,447 2,382 2,320 2,241 2,173 2,148 2,049 2,009 1,946 2,009 1,992 1,955 1,933 1,962 1,924 1,889 1,826
107
116
94.4 % 94.2 %
1,846 1,759 1,679 1,742 1,787 1,753 1,792 1,750 1,753
3 Mo Avg
1,670 1,665 1,618 1,503
0 D J 14 15
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 |
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16 |
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17 |
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188 | c o l d w e l l b a n k e r h o m e s . c o m