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 June was 79 , down 4.8 % from 83 days last month and down 3.7 % from 82 days in June of last year . The June 2017 DOM was at its lowest level compared with June 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 June 2017 Selling Price per Square Foot of $ 98 was up 2.3 % from $ 96 last month and up 9.6 % from 89 in June 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 June 2017 Selling Price vs Original List |
96 % |
Price of 98.6 % was up from 97.4 % last month and up from 97.4 % |
94 % |
in June 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 June 2017 was 131 , down 19.1 % from 162 last month and up 0.8 % from 130 in June of last year .
160 140 120 100 80 60 40 20
Days On Market for Sold Properties
112
Selling Price versus Listing Price Ratio
82 79
0 |
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 M J |
14 |
|
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15 |
|
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|
16 |
|
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17 |
|
Selling Price per Square Foot |
3 Mo Avg |
98 |
100 95 90 85 80 75 70 65 60 55 50
90 % 88 % 86 % 84 %
700 600 500 400 300 200 100
82
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 M J |
14 |
|
|
15 |
|
|
|
|
16 |
|
|
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|
17 |
|
93.0 %
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 M J |
14 |
|
15 |
|
|
|
16 |
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17 |
|
Inventory / New Listings / Sales |
627 610 587 595 586 560 562
Avg Selling Price divided by Avg Listing Price for sold properties during the month
543 535 521 539 587 595 567 519 511 479 467 444 481 486 520 528
89
97.4 %
507
495 458 432 410 392 406
3 Mo Avg
3 Mo Avg
98.6 %
378 378 398 377 381 375
0
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 M J |
14 |
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15 |
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16 |
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17 |
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198 | c o l d w e l l b a n k e r h o m e s . c o m