Catawba Community Information | School District
Catawba Community Information | School District
Market Time |
160 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
140 |
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trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
120 |
Seller ' s market . The DOM for November was 99 , up 70.7 % from |
100 |
58 days last month and up 5.3 % from 94 days in November of |
last year . The November 2017 DOM was at a mid level compared |
80 |
with November of 2016 and 2015 . |
60 |
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 November 2017 Selling Price per Square Foot of $ 106 was down 5.4 % from $ 112 last month and up 6.5 % from 100 in November 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 96 % original list price . The lower the ratio is below 100 % the more of
94 % a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The November 2017 Selling Price vs Original 92 % List Price of 94.9 % was down from 95.2 % last month and up from 92.7 % in November of last year . 90 %
40 20 0
150 140 130 120 110 100 90 80 70 60 50
88 %
D J 14 15
D J 14 15
Days On Market for Sold Properties
93 94
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Selling Price per Square Foot
97
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100
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.8 % 92.7 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
99
106
94.9 %
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 November 2017 was 72 , up 2.9 % from 70 last month and up 24.1 % from 58 in November of last year .
86 % 84 % 82 %
600 500 400 300 200 100
0
D J
14 15
485
464
D J 14 15
459
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482 478 482 489 459 458 446
Inventory / New Listings / Sales
400 413 394 388 367 363
397 450 452 446
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427 397 375 341 326 321 342 361 363 362 341 338 342 331 302 283 c o l d w e l l b a n k e r h o m e s . c o m | 11