Chester Community Information | School District
Chester Community Information | School District
Market Time |
400 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
350 |
|
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
300 |
Seller ' s market . The DOM for December was 83 , up 118.4 % from |
250 |
38 days last month and down 33.1 % from 124 days in December |
of last year . The December 2016 DOM was at its lowest level |
200 |
compared with December of 2015 and 2014 . |
150 |
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 $ 73 was down 0.7 % from $ 74 last month and down 0.8 % from 74 in December of last year .
100 50 0
100 90 80 70 60 50 40 30 20 10 0
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 120 % 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 100 % of a Seller ' s market . The December 2016 Selling Price vs Original List Price of 93.7 % was up from 89.0 % last month and up from
80 %
88.9 % in December of last year .
60 % 40 % 20 %
Days On Market for Sold Properties
119 124
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 per Square Foot
61
Selling Price versus Listing Price Ratio
83
74 73
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 |
|
|
|
|
Avg Selling Price divided by Avg Listing Price for sold properties during the month
86.7 % 88.9 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
93.7 %
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 6 , down 45.5 % from 11 last month and down 14.3 % from 7 in December of last year .
120 100
0 %
80 60 40 20
103
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 |
|
|
|
105 103 95 95 93 90 85 81 79
Inventory / New Listings / Sales
75 76 71 67 67 72 70 67 62 59 58 61
54
46 40 36 31 31 31 37 37 42
52 60 56
47
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 |
|
|
|
|
36 | c o l d w e l l b a n k e r h o m e s . c o m