Charleston Community Information | School District
Charleston Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 127 , up 54.9 % from 82 days last month and down 23.0 % from 165 days in December of last year . The December 2016 DOM was at its lowest level compared with December of 2015 and 2014 . |
300
250
200
150
100
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157 |
165 |
127 |
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50 |
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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 $ 496 was down 11.1 % from $ 558 last month and up 20.6 % from 411 in December of last year .
0
600
550
500
450
400
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 per Square Foot
390
411
3 Mo Avg
496
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 91.2 % was down from 93.7 % last month and up from 90.4 % in December of last year .
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 35 , down 36.4 % from 55 last month and down 5.4 % from 37 in December of last year .
350
96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 %
500 450 400 350 300 250 200 150 100 50 0
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F M A M J |
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A |
S O N D |
J |
F M A M J |
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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
89.9 %
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 |
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A S O N D |
14 |
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15 |
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16 |
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384 389 390 393 412 421 409
Avg Selling Price divided by Avg Listing Price for sold properties during the month
402 399 403
90.4 %
Inventory / New Listings / Sales
381 357 371 390 389 398 395 392 379 356 365 353 347 330 345
379
3 Mo Avg
436 436 450 451 437 438 438 429 421
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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91.2 %
394
34 | c o l d w e l l b a n k e r h o m e s . c o m