Berkeley Community Information | School District
Berkeley Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 52 , up 4.0 % from 50 days last month and down 13.3 % from 60 days in December of last year . The December 2016 DOM was at its lowest level compared with December of 2015 and 2014 . |
120
100
80
60
40
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74 |
60 |
52 |
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20 |
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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 $ 120 was down 4.9 % from $ 126 last month and up 4.6 % from 115 in December of last year .
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 2016 Selling Price vs Original List Price of 98.0 % was down from 98.5 % last month and up from 96.7 % 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 298 , down 2.9 % from 307 last month and up 16.4 % from 256 in December of last year .
0
150 145 140 135 130 125 120 115 110 105 100
99 % 99 % 98 % 98 % 97 % 97 % 96 % 96 % 95 % 95 % 94 % 94 %
1,400 1,200 1,000 800 600 400 200
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 |
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15 |
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16 |
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Selling Price per Square Foot
109
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 |
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15 |
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16 |
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115
Selling Price versus Listing Price Ratio
95.4 %
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 |
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15 |
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16 |
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1,069 1,110 1,160 1,147 1,116
1,175
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,196
1,235 1,163 1,112
96.7 %
Inventory / New Listings / Sales
1,131 1,097 1,119 1,106 1,142 1,168 1,186 1,220 1,211 1,146 1,167 1,109 1,045 972 1,003 945 972 943 901 905 897 886
3 Mo Avg
3 Mo Avg
866 871 827
120
98.0 %
783
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 |
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15 |
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16 |
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32 | c o l d w e l l b a n k e r h o m e s . c o m