DFW ARCHIVED January 2017 | Page 25

Johnson Community Information | School District

Johnson Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
Market Time
90
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
80
trend in DOM tends to indicate a move towards more of a
70
66
Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for January was 49 , up 28.9 % from 38
60
59
49
days last month and down 16.9 % from 59 days in January of last
50
year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 .
40
30
20
10
0
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
J
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
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 January 2017 Selling Price per Square Foot of $ 93 was up 1.2 % from $ 92 last month and up 7.3 % from 87 in January 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 January 2017 Selling Price vs Original List Price of 95.4 % was down from 96.3 % last month and down from 95.6 % in January 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 January 2017 was 213 , up 44.9 % from 147 last month and up 20.3 % from 177 in January of last year .
100 95 90 85 80 75 70 65 60 55 50
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
700 600 500 400 300 200 100
78
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
J
14
15
16
17
Selling Price versus Listing Price Ratio
96.8 %
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
J
14
15
16
17
Inventory / New Listings / Sales
556 555 565 581 591 565 572
Avg Selling Price divided by Avg Listing Price for sold properties during the month
519 467
409 352 381 357 377 368 384 379 414 397 366 394 400 399
87
95.6 % 95.4 %
373 341 335 361 332 347 368 406 380
3 Mo Avg
416 417 408
93
426
0
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
J
14
15
16
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