Dallas Community Information | School District
Dallas 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 February was 68 , down 22.7 % from 88 days last month and down 12.8 % from 78 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 . |
120
100
80
60
40
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76 78 |
68 |
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20 |
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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 February 2017 Selling Price per Square Foot of $ 369 was up 2.0 % from $ 362 last month and up 4.7 % from 353 in February 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 February 2017 Selling Price vs Original List Price of 93.4 % was up from 89.1 % last month and up from 91.9 % in February of last year .
0
400 390 380 370 360 350 340 330 320 310 300
98 % 96 % 94 % 92 % 90 % 88 % 86 %
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M
A M J
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S O N D |
J |
F M A M J |
J |
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S O N D |
J |
F M A M J |
J |
A |
S O N D |
J |
F |
14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot
367
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M
A M J
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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 |
14 |
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15 |
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16 |
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17 |
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353
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.2 %
91.9 %
3 Mo Avg
3 Mo Avg
369
93.4 %
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 February 2017 was 223 , up 5.2 % from 212 last month and up 7.7 % from 207 in February of last year .
84 %
800 700 600 500 400 300 200 100
0
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M
A M J
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A S O N D |
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F M A M J |
J |
A S O N D |
J |
F M A M J |
J |
A S O N D |
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F |
14 |
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15 |
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16 |
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17 |
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408 418 435 461 443 408 401 374 355
272
Inventory / New Listings / Sales
300 325 355 382 412 407 380 387 400
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M
A M J
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J |
A |
S O N D |
J |
F M A M J |
J |
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S O N D |
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F M A M J |
J |
A |
S O N D |
J |
F |
14 |
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15 |
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16 |
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17 |
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414 394
305 354
463
529 569 587 621 594
554 621 649 618
519 597
705 c o l d w e l l b a n k e r h o m e s . c o m | 11