ATL ARCHIVED February 2016 | Page 7

Bartow MARKET ACTION REPORT County: Bartow February 2016 Agent Name 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, up from 0 days last month and down 100.0% from 31 days in February of last year. The February 2016 DOM was at a mid level compared with February of 2015 and 2014. 3 Mo Avg Average Days on Market (Listing to Contract) for properties sold during the month 140 124 120 100 80 60 31 40 20 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 Selling Price versus Listing Price Ratio 95% Selling Price vs Original Listing Price 93.9% 94% 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 up from 0.0% last month and down from 93.9% in February of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 93% 92% 90.6% 91% 90% 89% 88% 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 Sales 11 New Listings 10 9 9 9 8 8 7 6 6 4 5 5 6 6 6 6 5 5 5 6 7 7 7 7 7 7 7 5 5 5 5 9 8 8 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 down 50.0% from 2 in February of last year. 2 Inventory 10 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 | 7