FL ARCHIVED October 2017 | Page 200

Fort Walton Beach Community Information | School District

Fort Walton Beach 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 79 , up 38.6 % from 57 days last month and down 15.1 % from 93 days in October of last year . The October 2017 DOM was at its lowest level compared with October of 2016 and 2015 .
140 120 100 80 60
107
93
79
40
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 $ 168 was up 11.1 % from $ 151 last month and up 17.2 % from 143 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 up from 94.3 % last month and up from 95.2 % in October of last year .
0
200 190 180 170 160 150 140 130 120 110 100
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
15
16
17
Selling Price per Square Foot
3 Mo Avg
140
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
143
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.3 %
95.2 %
3 Mo Avg
168
95.8 %
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 90 , up 16.9 % from 77 last month and down 5.3 % from 95 in October of last year .
86 %
700 600 500 400 300 200 100
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
Inventory / New Listings / Sales
542 514 515 493 503 521 548 547 575 552 507 493 466 448 450 416 407 398 404 394 400 373 349 339 339 333 340 342 338 320 321 305 297 288 261 242
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
200 | c o l d w e l l b a n k e r h o m e s . c o m