CAR ARCHIVED July 2017 | Página 9

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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 80 , down 79.2 % from 384 days last month and down 42.4 % from 139 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
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 $ 260 was up 19.7 % from $ 217 last month and up 14.7 % from 226 in July of last year .
450 400 350 300 250 200 150 100 50 0
500 450 400 350 300 250 200
Days On Market for Sold Properties
145 139
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S O N D
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F M A M J
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S O N D
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F M A M J
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Selling Price per Square Foot
255 226
3 Mo Avg
3 Mo Avg
80
J
260
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 92.7 % was down from 105.1 % last month and up from 90.9 % in July of last year .
150
120 % 100 % 80 % 60 %
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S O N D
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F M A M J
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
90.9 % 90.9 % 92.7 %
J
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 18 , up 63.6 % from 11 last month and up 125.0 % from 8 in July of last year .
120 100
0 %
80 60 40
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F M A M J
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A S O N D
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F M A M J
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A S O N D
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F M A M J
14
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17
83 89 88
79
67
59
60 74 76 77
Inventory / New Listings / Sales
76 74 76 72 68 72 67 75 72
81
92 99 99 95 89 89
82 77 75
69
59 77 78 90 85
J
85
20 0
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S O N D
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F M A M J
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S O N D
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F M A M J
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F M A M J
14
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