DFW ARCHIVED December 2016 | Page 27

Kaufman Community Information | School District

Kaufman Community Information | School District

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 December was 40 , down 4.8 % from 42 days last month and down 18.4 % from 49 days in December of last year . The December 2016 DOM was at its lowest level compared with December of 2015 and 2014 .
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 December 2016 Selling Price per Square Foot of $ 97 was down 1.2 % from $ 98 last month and up 9.8 % from 88 in December 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 December 2016 was 144 , down 17.7 % from 175 last month and up 26.3 % from 114 in December of last year .
Days On Market for Sold Properties
90 80 70
56 60
49 50
40
40 30 20 10 0 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 J A S O N D 14
15
16 Selling Price per Square Foot
3 Mo Avg
100 95 90 85 80 75 70 65 60 55 50
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
99 %
original list price . The lower the ratio is below 100 % the more of
98 %
a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The December 2016 Selling Price vs Original
List Price of 96.7 % was down from 97.5 % last month and up
97 %
96 %
from 96.5 % in December of last year .
95 %
94 % 93 % 92 % 91 %
77
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
J
A
S O N D
14
15
16
Selling Price versus Listing Price Ratio
95.5 %
88
96.5 % 96.7 %
90 %
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
J
A S O N D
14
15
16
Inventory / New Listings / Sales
600 500 400 300 200 100
464 447 449 487 469 462 451
Avg Selling Price divided by Avg Listing Price for sold properties during the month
440
387 344 320 277 291 282 290 319 338 338 336 337 324 311 298 296 305 315 305 303 320 335
3 Mo Avg
3 Mo Avg
97
382 346 341 361 363 351
0
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
J
A
S O N D
14
15
16
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