Market Time |
200 |
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The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward |
180 |
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trend in DOM tends to indicate a move towards more of a |
160 |
148 |
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Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for February was 128 , down 24.7 % from 170 days last month and down 13.5 % from 148 days in
February of last year . The February 2018 DOM was at a mid
|
140
120
100
|
117 |
128 |
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level compared with February of 2017 and 2016 . |
80 |
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60 |
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40 |
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20 |
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0 |
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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 |
J |
F |
|
15 |
16 |
17 |
18 |
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Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
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The Selling Price per Square Foot is a great indicator for the |
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direction of Property values . Since Median Sales Price and |
440 |
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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 |
420 |
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more normalized indicator on the direction of Property values .
The February 2018 Selling Price per Square Foot of $ 374 was down 5.1 % from $ 394 last month and down 4.4 % from 391 in
|
400
380
|
388 |
391 |
374 |
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February of last year . |
360 |
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
|
900 |
shows the basic annual seasonality of the market as well as the |
800 |
relationship between these items . The number of New Listings |
700 |
in February 2018 was 117 , down 32.8 % from 174 last month and down 17.6 % from 142 in February of last year . |
600
500
|
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 |
J |
F |
15 |
16 |
17 |
18 |
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 |
J |
F |
15 |
16 |
17 |
18 |
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Inventory / New Listings / Sales |
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 |
J |
F |
15 |
16 |
17 |
18 |