Orange County Community Information | School District
Orange County 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 April was 61 , down 6.2 % from 65 days last month and down 6.2 % from 65 days in April of last year . The April 2017 DOM was at its lowest level compared with April 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 April 2017 Selling Price per Square Foot of $ 138 was up 1.3 % from $ 137 last month and up 11.2 % from 124 in April 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 April 2017 Selling Price vs Original List Price of 96.2 % was up from 95.8 % last month and up from 95.8 % in April of last year .
Days On Market for Sold Properties
90 |
80 |
75 |
70 |
65 |
61 |
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
|
|
0 |
|
|
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 N D |
J |
F M A |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot |
3 Mo Avg |
150 145 140 135 130 125 120 115 110 105 100
97 % 96 % 95 % 94 % 93 % 92 %
112
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 N D |
J |
F M A |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
124
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.5 %
95.8 %
3 Mo Avg
3 Mo Avg
138
96.2 %
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 April 2017 was 2,304 , down 8.9 % from 2,528 last month and down 2.6 % from 2,366 in April of last year .
91 % |
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 N D |
J |
F M A |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
Inventory / New Listings / Sales |
8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000
0
7,387 7,500 7,589 7,559 7,543 7,532 7,298 6,936 6,880 6,798 6,853 6,850 6,917 6,963 6,897 6,783 6,670 6,436 6,242
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 N D |
J |
F M A |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
5,913 5,857 5,797 5,875 5,780 5,873 5,915 5,920 5,764 5,717 5,549 5,354 4,967 4,905 4,871 4,917 4,620 c o l d w e l l b a n k e r h o m e s . c o m | 167