Coral Springs Community Information | School District
Coral Springs 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 January was 72 , up 63.6 % from 44 days last month and up 12.5 % from 64 days in January of last year . The January 2018 DOM was at a mid level compared with January 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 January 2018 Selling Price per Square Foot of $ 130 was down 3.5 % from $ 134 last month and down 6.4 % from 138 in January 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 January 2018 Selling Price vs Original List Price of 93.3 % was down from 94.9 % last month and down from 97.0 % in January of last year .
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 January 2018 was 91 , up 71.7 % from 53 last month and down 58.8 % from 221 in January of last year .
Days On Market for Sold Properties
100 |
|
|
90 |
|
|
80 |
72 |
72 |
70 |
64 |
60 |
50 |
40 |
30 |
20 |
10 |
0 |
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 |
J |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 %
130
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 |
J |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
18 |
138
Selling Price versus Listing Price Ratio
96.5 %
90 % |
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 |
J |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
Inventory / New Listings / Sales |
1,000 900 800 700 600 500 400 300 200 100
0
859 852 816 808 834 818
Avg Selling Price divided by Avg Listing Price for sold properties during the month
772 745 754 701 660
706 782 811 828 790 783 789
684
554
450 454 440
97.0 %
471 462 471 481 490 495 470 439 433
3 Mo Avg
3 Mo Avg
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 |
J |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
18 |
450 427 404
130
93.3 %
409 c o l d w e l l b a n k e r h o m e s . c o m | 89