Crestview Community Information | School District
Crestview 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 December was 73 , up 2.8 % from 71 days last month and down 33.6 % from 110 days in December of last year . The December 2017 DOM was at its lowest level compared with December 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 December 2017 Selling Price per Square Foot of $ 96 was up 0.8 % from $ 95 last month and up 12.3 % from 86 in December 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 |
100 % |
original list price . The lower the ratio is below 100 % the more of |
98 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The December 2017 Selling Price vs |
96 % |
Original List Price of 97.2 % was down from 98.0 % last month |
94 % |
and up from 96.3 % in December of last year . |
92 % |
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 December 2017 was 97 , down 9.3 % from 107 last month and up 6.6 % from 91 in December of last year .
160 140 120 100 80 60 40 20
Days On Market for Sold Properties
106
0 |
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 N D |
15 |
|
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16 |
|
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17 |
|
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Selling Price per Square Foot |
3 Mo Avg |
100 95 90 85 80 75 70 65 60 55 50
90 % 88 % 86 %
81
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 N D |
15 |
|
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|
16 |
|
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|
17 |
|
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|
110
Selling Price versus Listing Price Ratio
94.0 %
84 % |
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 N D |
15 |
|
|
|
16 |
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17 |
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|
|
Inventory / New Listings / Sales |
700 600 500 400 300 200 100
558 539 532 518 534 581 588
Avg Selling Price divided by Avg Listing Price for sold properties during the month
560 513 504 475 462 438 475 484 518 521 502 489 454 429 407 389
86
96.3 %
403 375 376 401 381 390 390 365 376
3 Mo Avg
3 Mo Avg
374 361 354
73
96
97.2 %
352
0
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 N D |
15 |
|
|
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16 |
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17 |
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