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 January was 125 , down 1.6 % from 127 days last month and down 33.5 % from 188 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 . |
300
250
200
150
100
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168 |
188 |
125 |
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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 January 2017 Selling Price per Square Foot of $ 452 was down 8.9 % from $ 496 last month and up 7.9 % from 419 in January of last year .
0
600
550
500
450
400
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 |
J |
14 |
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15 |
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16 |
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17 |
Selling Price per Square Foot
497
419
3 Mo Avg
452
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 January 2017 Selling Price vs Original List Price of 87.3 % was down from 91.2 % last month and up from 87.1 % in January 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 January 2017 was 71 , up 97.2 % from 36 last month and up 26.8 % from 56 in January 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
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 |
J |
14 |
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15 |
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16 |
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17 |
Selling Price versus Listing Price Ratio
90.7 %
Inventory / New Listings / Sales
87.1 % 87.3 %
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 |
J |
14 |
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15 |
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16 |
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17 |
388 389 392 411 420 408 401
Avg Selling Price divided by Avg Listing Price for sold properties during the month
398 402
380 356 370 389 388 397 394 391 378 355 364 352 346 329 344
378 435 435 449 450 436 436 436
3 Mo Avg
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 |
J |
14 |
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15 |
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16 |
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17 |
427
421 399 392
34 | c o l d w e l l b a n k e r h o m e s . c o m