Pensacola Community Information | School District
Pensacola 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 75 , up 15.4 % from 65 days last month and equal to 75 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
20
Days On Market for Sold Properties
3 Mo Avg
99
75 75
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 $ 105 was down 3.2 % from $ 108 last month and up 19.5 % from 88 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 94.4 % was down from 95.1 % last month and up from 93.6 % in October of last year .
0
150 140 130 120 110 100 90 80 70 60 50
98 % 96 % 94 % 92 % 90 % 88 %
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 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
84
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 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.3 %
88
93.6 %
3 Mo Avg
105
94.4 %
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 404 , up 3.9 % from 389 last month and up 7.4 % from 376 in October of last year .
86 %
2,000 1,800 1,600 1,400 1,200 1,000 800 600 400 200
0
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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 |
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15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
1,798 1,750 1,777 1,808 1,806 1,762 1,759 1,788 1,749 1,711 1,640 1,604 1,615 1,531 1,485 1,406 1,419 1,408 1,393
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 |
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15 |
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16 |
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17 |
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1,399 1,414 1,379 1,362 1,302 1,312 1,228 1,187 1,252 1,294 1,279 1,309 1,300 1,329 1,287 1,278 1,208
190 | c o l d w e l l b a n k e r h o m e s . c o m