CAR ARCHIVED June 2016 | Page 19

Market Action Report June 2016 Iredell County: Iredell Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | 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 149, up 50.5% from 99 days last month and up 413.8% from 29 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 300 250 200 159 149 150 100 50 29 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 f