Union Community Information | School District
Union 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 49 , down 46.2 % from 91 days last month and up 19.5 % from 41 days in December of last year . The December 2016 DOM was at a mid level compared with December of 2015 and 2014 .
600
500
400
300
200
Days On Market for Sold Properties
3 Mo Avg
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 $ 168 was down 53.4 % from $ 361 last month and down 27.0 % from 231 in December of last year .
100
0
-100
400 350 300 250 200 150
Selling Price per Square Foot
41 49
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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183
231
3 Mo Avg
168
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 92.6 % was down from 113.3 % last month and down from 95.9 % in December of last year .
100
140 % 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 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
117.8 %
95.9 %
3 Mo Avg
92.6 %
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 5 , down 16.7 % from 6 last month and up 150.0 % from 2 in December of last year .
80 70 60 50 40 30 20 10 0
0 %
47
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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46 48 50 53 52 54
45 47 45
49
Inventory / New Listings / Sales
43 45 46
58 63 65 68
64
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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61
55 53
49
40 47
51 55
62 74 73 75
70 66 63 60
47 c o l d w e l l b a n k e r h o m e s . c o m | 27