CAR ARCHIVED July 2017 | Page 22

YORK

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 July was 57 , up from 0 days last month and up from 0 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
120
100
80
60
40
20
Days On Market for Sold Properties
3 Mo Avg
57
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 July 2017 Selling Price per Square Foot of $ 258 was up from $ 0 last month and up from 0 in July 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 July 2017 Selling Price vs Original List Price of 96.2 % was up from 0.0 % last month and up from 0.0 % in July of last year .
0
290 270 250 230 210 190 170 150
120 % 100 % 80 % 60 %
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
F M A M J
14
15
16
17
Selling Price per Square Foot
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
F M A M J
14
15
16
17
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
J
258
J
96.2 %
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 July 2017 was 0 , down 100.0 % from 1 last month and down 100.0 % from 2 in July of last year .
10 9 8 7 6 5 4 3 2 1 0
0 %
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
F M A M J
14
15
16
17
8 8 8
7 7 7 7
Inventory / New Listings / Sales
9 9 9 9
7
7
4
4 5 5
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
F M A M J
14
15
16
17
6 6
4 5
6
4 6 6 6
5 5
6
3 3 3
5 7
6
J
5
J