Davidson Community Information | School District
Davidson Community Information | School District
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 72 , down 10.0 % from 80 days last month and down 30.1 % from 103 days in December of last year . The December 2016 DOM was at its lowest level compared with December of 2015 and 2014 .
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 2016 Selling Price per Square Foot of $ 88 was up 0.3 % from $ 88 last month and up 9.1 % from 81 in December of last year .
Inventory / New Listings / Sales 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 2016 was 102 , down 25.0 % from 136 last month and down 12.1 % from 116 in December of last year .
160 140 120 100 80 60 40 20 0
100 95 90 85 80 75 70 65 60 55 50
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 |
96 % |
original list price . The lower the ratio is below 100 % the more of |
94 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more |
of a Seller ' s market . The December 2016 Selling Price vs Original |
92 % |
List Price of 94.5 % was up from 92.9 % last month and up from |
90 % |
91.9 % in December of last year . |
88 % |
86 % 84 % 82 % 80 %
1,400 1,200 1,000 800 600 400 200
Days On Market for Sold Properties
116
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 |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
103
Selling Price per Square Foot
79
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 |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
Selling Price versus Listing Price Ratio
92.6 %
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 |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
1,085 1,099 1,116 1,136 1,154 1,179
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,194 1,190 1,141 1,113
Inventory / New Listings / Sales
1,062 960 943 898 922 963 999 987 973 968 947 892
833
81
91.9 %
791 762 719 760 767 780 759 755 761
3 Mo Avg
3 Mo Avg
3 Mo Avg
734 706 670
72
88
94.5 %
632
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 |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
c o l d w e l l b a n k e r h o m e s . c o m | 13