DFW ARCHIVED January 2017 | Page 15

Hood Community Information | School District

Hood 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 0 , up from 0 days last month and up from 0 days in January of last year . The January 2017 DOM was at its lowest level compared with January of 2016 and 2015 .
300
250
200
150
100
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 $ 0 was up from $ 0 last month and up from 0 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 0.0 % was up from 0.0 % last month and up from 0.0 % 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 0 , up from 0 last month and down 100.0 % from 1 in January of last year .
0
350 330 310 290 270 250 230 210 190 170 150
96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 % 74 %
6 5 4 3
F
M A M J
J
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
J
14
15
16
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Selling Price per Square Foot
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
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14
15
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Selling Price versus Listing Price Ratio
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
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3
Avg Selling Price divided by Avg Listing Price for sold properties during the month
Inventory / New Listings / Sales
1 1
3 4
1
2 2
3
2
4
1
1 1 1 1
2 2 2
2 2
3 3 3
4
5
4
4
3 Mo Avg
3 Mo Avg
3 3 3 3 3 3
2
0
0
1
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
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