CAR ARCHIVED December 2016 | Página 11

Catawba Community Information | School District

Catawba 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 141 , up from 0 days last month and up from 0 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 $ 196 was up from $ 0 last month and up from 0 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 96.4 % was up from 0.0 % last month and up from 0.0 % in December of last year .
500 450 400 350 300 250 200 150 100 50 0
290 270 250 230 210 190 170 150
100 %
95 %
90 %
Days On Market for Sold Properties
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
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
3 Mo Avg
3 Mo Avg
3 Mo Avg
141
196
96.4 %
85 %
80 %
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 1 , down 50.0 % from 2 last month and up from 0 in December of last year .
75 %
30 25 20 15 10
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
15 15 14 15 15 16 17 16 17 17
19
Inventory / New Listings / Sales
17
14 16
18
22
18 19 19 19 19
16 19 19
21
18 22
20 25 25 24 24
22 22 21 21
5 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 | 11