DFW ARCHIVED January 2017 | Page 13

Henderson Community Information | School District

Henderson 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 January was 0 , down 100.0 % from 22 days last month and down 100.0 % from 269 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .
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 $ 0 was down 100.0 % from $ 1,196 last month and down 100.0 % from 348 in January of last year .
800 700 600 500 400 300 200 100
0
1,100
900
700
500
300
Days On Market for Sold Properties
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
269
Selling Price per Square Foot
348
3 Mo Avg
3 Mo Avg
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 0.0 % was down from 100.0 % last month and down from 92.6 % 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 1 , equal to 1 last month and up from 0 in January of last year .
100
120 % 100 % 80 % 60 % 40 % 20 % 0 %
30 25 20 15
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 Avg Selling Price divided by Avg Listing Price for sold properties during the month
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
92.6 %
Inventory / New Listings / Sales
3 Mo Avg
18 27 27 28
10
5
8 10 10 12 13 14 14
11 11
9
7 8 8
7 11 10
7 7
6 6 6 6
11
9 9 9 12 13 13
0
4
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
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