Destin Community Information | School District
Destin 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 116 , down 27.0 % from 159 days last month and up 5.5 % from 110 days in October of last year . The October 2017 DOM was at a mid level compared with October of 2016 and 2015 . |
250
200
150
100
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148 |
110 |
116 |
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50 |
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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 October 2017 Selling Price per Square Foot of $ 276 was up 0.5 % from $ 275 last month and up 17.6 % from 235 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 92.9 % was up from 92.1 % last month and down from 93.9 % 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 118 , up 26.9 % from 93 last month and down 11.9 % from 134 in October of last year .
0
300 290 280 270 260 250 240 230 220 210 200
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 |
234 235
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 96 % 95 %
93.9 %
94 %
92.9 %
93 % 92 %
91.2 %
91 % 90 % 89 % 88 % 87 % 86 % 85 % 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
1,000 900 800 700 600 500 400 300 200 100
0
916 888 872 877 892 886 883 882 899 906 921 900 878 854 845 828 855 857 829 845 812 786 771 776 758 704 681 676 696 689
3 Mo Avg
276
678 678 664 641 624 620
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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198 | c o l d w e l l b a n k e r h o m e s . c o m