Brandon Community Information | School District
Brandon Community Information | School District
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 October was 41 , up 13.9 % from 36 days last month and down 18.0 % from 50 days in October of last year . The October 2017 DOM was at its lowest level compared with October of 2016 and 2015 . |
120
100
80
60
40
|
50 50 |
41 |
|
20 |
|
|
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 October 2017 Selling Price per Square Foot of $ 122 was up 3.3 % from $ 118 last month and up 11.2 % from 110 in October 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 October 2017 Selling Price vs Original List Price of 95.8 % was down from 96.9 % last month and down from 97.3 % in October 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 October 2017 was 92 , up 15.0 % from 80 last month and down 19.3 % from 114 in October of last year .
0
150 140 130 120 110 100 90 80 70 60 50
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
400 350 300 250 200 150 100 50 0
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 J |
J |
A |
S O |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
97
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 J |
J |
A |
S O |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
110
Selling Price versus Listing Price Ratio
96.2 %
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 J |
J |
A S O |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory / New Listings / Sales |
343
346
292 288 288
Avg Selling Price divided by Avg Listing Price for sold properties during the month
314 291 280
300 272 268 273 262 265
97.3 %
3 Mo Avg
242 225 227 214 221 215 231 231 235 230 223 211 211 203 199 204 220 233 229 244
221
184
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 J |
J |
A |
S O |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
122
95.8 %
12 | c o l d w e l l b a n k e r h o m e s . c o m