Market Action Report
June 2016
Yadkin
County: Yadkin
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 June was 188, up 66.4% from 113
days last month and up 42.4% from 132 days in June of last year.
The June 2016 DOM was at a mid level compared with June of
2015 and 2014.
3 Mo Avg
300
250
188
200
163
132
150
100
50
0
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 F M A M J
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
100
direction of Property values. Since Median Sales Price and
95
Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
85
more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $83 was down
80
9.8% from $92 last month and up 30.5% from 63 in June of last
75
year.
70
65
60
55
50
3 Mo Avg
83
66
63
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 F M A M J
13
14
15
16
Selling Price versus Listing Price Ratio
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 June 2016 Selling Price vs Original List
Price of 92.0% w