ATL ARCHIVED February 2016 | Page 17

Fayette

MARKET ACTION REPORT

February 2016

Agent Name

County: Fayette

Title
Phone
Website
Other

Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Condo

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 February was 0, down 100.0% from 104 days
last month and up from 0 days in February of last year.
The February 2016 DOM was at its lowest level
compared with February of 2015 and 2014.

3 Mo Avg

Average Days on Market (Listing to Contract) for properties sold during the month

350
300
250
200
150
100
50
0

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 F
13
14
15
16

-101
98%
96%
94%
92%
90%
88%
86%
84%
82%
80%
78%

Selling Price vs Original Listing 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 February 2016 Selling Price vs Original List Price of
0.0% was down from 90.2% last month and up from
0.0% in February of last year.

Selling Price versus Listing Price Ratio
3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

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 F
13
14
15
16

Inventory / New Listings / Sales

0

New Listings

8
8

8

9

9

6

3
3

4

4

5
5
5

5
5
5
5

5

6

6
6

7

7

8
8
8

Sales

10

10

10

9

9
9
8
6

6

This last view of the market combines monthly
10
inventory of Properties for sale along with New Listings
8
and Sales. The graph shows the basic annual
seasonality of the market as well as the relationship
6
between these items. The number of New Listings in
February 2016 was 1, down 50.0% from 2 last month
4
and equal to 1 in February of last year.
2

Inventory

5

Inventory / New Listings / Sales

12

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 F
13
14
15
16

Copyright © Coldwell Banker | Price Range: $1,000,000 and Up | Property Types: SFH - Condo

Data is provided courtesy of First Multiple Listing Service: FMLS Atlanta, Georgia 1 and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

c o l dw el l b a n k er h o m es.c o m

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