Cocoa Beach Community Information | School District
Cocoa Beach 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 October was 97 , up 14.1 % from 85 days last month and down 4.0 % from 101 days in October of last year . The October 2017 DOM was at a mid level compared with October of 2016 and 2015 .
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 $ 216 was up 8.9 % from $ 199 last month and up 13.8 % from 190 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 |
100 % |
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 of a Seller ' s market . The October 2017 Selling Price vs Original
List Price of 92.1 % was down from 94.1 % last month and up from
|
96 %
94 %
|
87.9 % in October of last year . |
92 % |
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 42 , up 27.3 % from 33 last month and down 2.3 % from 43 in October of last year .
160 140 120 100 80 60 40 20 0
250 240 230 220 210 200 190 180 170 160 150
90 % 88 % 86 % 84 % 82 %
300 250 200 150 100 50
Days On Market for Sold Properties
79
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 |
163
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 |
|
|
|
|
101
190
Selling Price versus Listing Price Ratio
92.9 %
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 |
202 205 212
235
221 208 199
Avg Selling Price divided by Avg Listing Price for sold properties during the month
192
176 161 166 166 176
196 218
252
277 260 250 243 238
87.9 %
3 Mo Avg
3 Mo Avg
97
216
92.1 %
215 199 194 204 209 217
231 218
238
219 201 202 187 178
164
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 |
|
|
|
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138 | c o l d w e l l b a n k e r h o m e s . c o m