Parker Community Information | School District
Parker 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 61 , up 13.0 % from 54 days last month and down 14.1 % from 71 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 $ 113 was up 4.4 % from $ 108 last month and up 8.2 % from 104 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 173 , down 23.8 % from 227 last month and up 30.1 % from 133 in December of last year .
100 90 80 70 60 50 40 30 20 10 0
150 140 130 120 110 100 90 80 70 60 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 |
98 % |
original list price . The lower the ratio is below 100 % the more of |
97 % |
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 |
96 % |
List Price of 94.7 % was down from 94.9 % last month and down |
95 % |
from 94.8 % in December of last year . |
94 % |
93 % 92 % 91 % 90 %
800 700 600 500 400 300 200 100
0
Days On Market for Sold Properties
86
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 |
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15 |
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16 |
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Selling Price per Square Foot |
3 Mo Avg |
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 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio
92.9 %
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 |
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15 |
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16 |
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Inventory / New Listings / Sales |
628 640 652 679 701 707 730
Avg Selling Price divided by Avg Listing Price for sold properties during the month
690 654
588
549
469 499 469 463 486 504 514 533 520 528
71
104
61
113
94.8 % 94.7 %
499 499 484 478 497 564 588 553 583
3 Mo Avg
3 Mo Avg
639 663 687 668 689 675
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 |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 29