Market Time |
80 |
The average Days On Market ( DOM ) shows how many days the | |
average Property is on the market before it sells . An upward |
70 |
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
60 |
Seller ' s market . The DOM for April was 28 , down 20.0 % from 35 |
50 |
days last month and down 20.0 % from 35 days in April of last | |
year . The April 2017 DOM was at its lowest level compared with |
40 |
April of 2016 and 2015 . |
30 |
0 | |||||||||||||||||
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 A |
|
14 |
15 |
16 |
17 |
||||||||||||||
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 |
390 |
||||||||||||||||
Average Sales price can be impacted by the ' mix ' of high or low |
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end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values .
The April 2017 Selling Price per Square Foot of $ 350 was up
|
370
350
|
350 |
|||||||||||||||
14.9 % from $ 305 last month and up 13.6 % from 308 in April of |
330 |
||||||||||||||||
last year . |
310 |
293 |
308 |
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 A |
14 |
15 |
16 |
17 |
91 % | |||||||||||||
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 A |
14 |
15 |
16 |
17 |
||||||||||
Inventory / New Listings / Sales |
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 A |
14 |
15 |
16 |
17 |