Pasco 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 51 , down 12.1 % from 58 days last month and down 7.3 % from 55 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
Pasco 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 51 , down 12.1 % from 58 days last month and down 7.3 % from 55 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
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 2018 Selling Price per Square Foot of $ 113 was up 1.3 % from $ 112 last month and up 9.5 % from 103 in April of last year .
Days On Market for Sold Properties
90 |
80 |
70 |
64 |
60 |
55 |
51 |
50 |
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40 |
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30 |
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20 |
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10 |
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0 |
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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 |
15 |
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
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 97 % original list price . The lower the ratio is below 100 % the more of
96 % a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The April 2018 Selling Price vs Original 95 % List Price of 95.5 % was up from 95.2 % last month and down from 95.7 % in April of last year . 94 % 93 % 92 % 91 %
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 |
15 |
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16 |
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17 |
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18 |
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103
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.7 %
95.7 %
3 Mo Avg
3 Mo Avg
113
95.5 %
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 2018 was 1,282 , down 11.8 % from 1,453 last month and up 7.7 % from 1,190 in April of last year .
90 % |
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 |
15 |
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16 |
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17 |
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18 |
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Inventory / New Listings / Sales |
4,000 3,500 3,000 2,500 2,000 1,500 1,000
500
0
3,585 3,436 3,382 3,326 3,227 3,127 3,119 3,054 3,050 2,986 2,933 2,837 2,666 2,702 2,627 2,590 2,651 2,671 2,701
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
2,642 2,693 2,663 2,709 2,570 2,551 2,590 2,591 2,569 2,552 2,530 2,592 2,538 2,641 2,546 2,588
2,336
18 | c o l d w e l l b a n k e r h o m e s . c o m