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 |
|||||||||||||||
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
160
140
|
137 |
142 |
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Seller ' s market . The DOM for March was 142 , up 10.9 % from
128 days last month and up 3.6 % from 137 days in March of last year . The March 2018 DOM was at a mid level compared with
|
120
100
|
106 |
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March of 2017 and 2016 . |
80 |
|||||||||||||||
60 |
||||||||||||||||
40 |
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20 |
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0 |
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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 M |
|
15 |
16 |
17 |
18 |
|||||||||||||
Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
||||||||||||||
The Selling Price per Square Foot is a great indicator for the |
||||||||||||||||
direction of Property values . Since Median Sales Price and |
440 |
|||||||||||||||
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 |
|||||||||||||||
more normalized indicator on the direction of Property values .
The March 2018 Selling Price per Square Foot of $ 366 was down
|
400 |
|||||||||||||||
1.5 % from $ 372 last month and up 2.2 % from 359 in March of last year . |
380
360
|
361 |
359 |
366 |
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 March 2018 was 143 , up 20.2 % from 119 last month and up
3.6 % from 138 in March of last year .
|
600
500
|
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 M |
15 |
16 |
17 |
18 |
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 M |
15 |
16 |
17 |
18 |
|||||||||
Inventory / New Listings / Sales |
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 M |
15 |
16 |
17 |
18 |