Gaston Community Information | School District
Gaston 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 June was 46 , down 24.6 % from 61 days last month and down 37.0 % from 73 days in June of last year . The June 2017 DOM was at its lowest level compared with June of 2016 and 2015 . |
120
100
80
60
40
|
80 |
73 |
46 |
|
20 |
|
|
|
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 June 2017 Selling Price per Square Foot of $ 95 was up 1.3 % from $ 93 last month and up 8.7 % from 87 in June 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 June 2017 Selling Price vs Original List Price of 96.8 % was up from 96.0 % last month and up from 95.4 % in June of last year .
0
100 95 90 85 80 75 70 65 60 55 50
100 % 98 % 96 % 94 % 92 % 90 % 88 %
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 |
14 |
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price per Square Foot
82
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 |
14 |
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.6 %
87
95.4 %
3 Mo Avg
3 Mo Avg
95
96.8 %
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 June 2017 was 312 , up 1.6 % from 307 last month and down 5.5 % from 330 in June of last year .
86 %
1,400 1,200 1,000 800 600 400 200
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 |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
1,313 1,295 1,318
1,255
1,191 1,124 1,119 1,141 1,121 1,113
Inventory / New Listings / Sales
1,097 1,062 1,107 1,131 1,080 1,061 1,016 958
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 |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
920 854 842 812 796 801 789 782 756 717 690 634 625 583 561 570 551 538 c o l d w e l l b a n k e r h o m e s . c o m | 17