CAR ARCHIVED December 2016 | Page 7

Alexander Community Information | School District

Alexander 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 0 , 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 .
1
1
1
1
0
Days On Market for Sold Properties
3 Mo Avg
0
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 0.0 % was up from 0.0 % last month and up from 0.0 % in December of last year .
0
120 % 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
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80 % 60 %
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
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 .
40 % 20 % 0 %
3
2
2
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 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 1 1 1 1
2 2 2 2 2
1 1 1 1
1
1
1
0
0 0
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
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F M A M J
J
A
S O N D
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0 c o l d w e l l b a n k e r h o m e s . c o m | 7