Dorchester Community Information | School District
Dorchester 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 55 , up 14.6 % from 48 days last month and down 24.7 % from 73 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 $ 110 was up 0.2 % from $ 109 last month and up 9.3 % from 100 in December of last year .
Days On Market for Sold Properties
100 |
|
|
90 |
|
|
80 |
75 |
73 |
70 |
|
|
60 |
55 |
50 |
40 |
30 |
20 |
10 |
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 |
|
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 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 99 % original list price . The lower the ratio is below 100 % the more of
98 % 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 97 % List Price of 96.4 % was down from 96.8 % last month and up from 96.2 % in December of last year . 96 % 95 % 94 % 93 %
98 100
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 Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.4 %
96.2 %
3 Mo Avg
3 Mo Avg
110
96.4 %
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 239 , up 13.3 % from 211 last month and up 27.8 % from 187 in December of last year .
92 % |
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 |
|
|
|
Inventory / New Listings / Sales |
1,200
1,000 800 600
851
841 913 945 964 918 938 939 916 908 914 894 904 928 939 976 981 974 979 923 952 883 843 819 803 811 818 839 843 820 811 829 809 766 716 670
400 200
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 |
|
|
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38 | c o l d w e l l b a n k e r h o m e s . c o m