Market Action Report
March 2016
Bell
County: Bell
Agent Name
Title
Phone
Website
Other
Community Information | School District
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 March was 71, down 15.5% from
84 days last month and equal to 71 days in March of last year.
The March 2016 DOM was at its lowest level compared with
March of 2015 and 2014.
3 Mo Avg
120
100
83
80
71
71
60
40
20
0
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
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $76 was up
80
2.2% from $74 last month and up 9.8% from 69 in March of last
75
year.
70
65
60
55
50
3 Mo Avg
76
69
68
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
13
14
15
16
Selling Price versus Listing Price Ratio
Selling Pric