CAR ARCHIVED December 2016 | Page 21

Lincoln Community Information | School District

Lincoln 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 238 , up from 0 days last month and up from 0 days in December of last year . The December 2016 DOM was at a mid level compared with December of 2015 and 2014 .
300
250
200
150
100
50
Days On Market for Sold Properties
41
3 Mo Avg
238
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 $ 231 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 85.0 % was up from 0.0 % last month and up from 0.0 % in December of last year .
0
290 270 250 230 210 190 170 150
120 % 100 % 80 % 60 %
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
299
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
93.3 %
3 Mo Avg
3 Mo Avg
231
85.0 %
40 % 20 %
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 0 , up from 0 last month and up from 0 in December of last year .
25
20
15
10
0 %
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
11
13 16 15 17 16 17 17 17
Inventory / New Listings / Sales
16 16 16 16 20 20 22 22 21
18
18
16 16 16 17 16
12 16 16 17
15 14 13
15
11
10
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
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