Market Action Report
December 2017
Clarke
County: Clarke
Agent Name
Title
Phone
Website
Other
Community Information
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 December was 139, up 117.2%
from 64 days last month and up 23.0% from 113 days in
December of last year. The December 2017 DOM was at a mid
level compared with December of 2016 and 2015.
3 Mo Avg
180
160
139
140
113
120
91
100
80
60
40
20
0
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 J A S O N D
15
16
17
Selling Price per Square Foot
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 December 2017 Selling Price per Square Foot of $138 was
down 4.8% from $145 last month and up 7.7% from 128 in
December of last year.
3 Mo Avg
240
220
200
180
160
139
140
138
128
120
100
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 J A S O N D
15
16
17
Selling Price versus Listing Price Ratio
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 December 2017 Selling Price vs Original
List Price of 91.8% was down from 98.1% last month and up
from 89.9% in December of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
98%
96%
94%
92%
90%
88%
86%
84%
82%
80%
91.9%
91.8%
89.9%
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 J A S O N D
15
16
17
Inventory / New Listings / Sales
Inventory / New Listings / Sales
180
60
80
100
120
140
160
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 December 2017 was 16, down 15.8% from 19 last month and
up 14.3% from 14 in December of last year.
40
20
0
J F M A M J J A S O N D J F