DFW ARCHIVED January 2017 | Page 7

Anderson Community Information | School District

Anderson 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 January was 237 , up 211.8 % from 76 days last month and up 64.6 % from 144 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .
300
250
200
150
100
110
144
237
50
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 $ 68 was up 1.3 % from $ 67 last month and down 49.3 % from 134 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 74.3 % was down from 102.6 % last month and down from 80.4 % in January of last year .
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
140 120 100 80 60 40 20 0
120 % 100 % 80 % 60 %
92
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
134
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.8 % 80.4 %
3 Mo Avg
68
74.3 %
40 % 20 %
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 3 , down 25.0 % from 4 last month and down 50.0 % from 6 in January of last year .
70 60 50 40 30
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
Inventory / New Listings / Sales
52
51 58 59 57 54 53 53
58
45
41 39
36 40 40 39
47 53
57
52 54
48
51
46
48
43 44 43 45
41 38
20
28 25 27 26 25
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
c o l d w e l l b a n k e r h o m e s . c o m | 7