CAR ARCHIVED May 2017 | Página 16

BERKELEY

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 185 , up 302.2 % from 46 days last month and up 83.2 % from 101 days in May of last year . The May 2017 DOM was at a mid level compared with May of 2016 and 2015 .
250
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100
66
101
185
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 $ 331 was up 0.9 % from $ 329 last month and up 9.1 % from 304 in May of last year .
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Selling Price per Square Foot
314 304
3 Mo Avg
331
250
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 92.2 % was down from 101.6 % last month and up from 90.1 % in May of last year .
200
105 %
100 %
95 %
90 %
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.8 %
90.1 %
3 Mo Avg
92.2 %
85 %
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 12 , up 20.0 % from 10 last month and up 20.0 % from 10 in May of last year .
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80 70 60 50 40 30 20 10 0
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51 52 53 49 47 45 45 48 50 52
Inventory / New Listings / Sales
50 50 53 52
47 46 43
39
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37 49 49 52 51 53 53 58 58 57 53 56 59
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