CAR ARCHIVED May 2017 | Página 11

MECKLENBURG

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 May was 59 , down 34.4 % from 90 days last month and down 37.9 % from 95 days in May of last year . The May 2017 DOM was at its lowest level compared with May of 2016 and 2015 .
250
200
150
100
137
95
59
50
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 May 2017 Selling Price per Square Foot of $ 310 was up 9.8 % from $ 282 last month and up 9.5 % from 283 in May 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 May 2017 Selling Price vs Original List Price of 95.8 % was up from 93.7 % last month and equal to 95.8 % in May of last year .
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 May 2017 was 80 , down 18.4 % from 98 last month and up 17.6 % from 68 in May of last year .
0
350 340 330 320 310 300 290 280 270 260 250
100 % 98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
350 300 250 200 150 100 50
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
J
A
S O N D
J
F M A M
14
15
16
17
Selling Price per Square Foot
288
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
J
A
S O N D
J
F M A M
14
15
16
17
267
283
Selling Price versus Listing Price Ratio
96.5 %
Inventory / New Listings / Sales
310
95.8 % 95.8 %
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
J
A S O N D
J
F M A M
14
15
16
17
272 262
242 226
204 175
Avg Selling Price divided by Avg Listing Price for sold properties during the month
168 189 200
233 263 257 267 280 281
257
221 209 221 240 236 285 294 289 283 280 283
263
236
198
202
3 Mo Avg
3 Mo Avg
244
271 311 314
0
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
J
A
S O N D
J
F M A M
14
15
16
17
Coldwell Banker Global Luxury SM | 11