DFW ARCHIVED July 2016 | Page 15

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 July was 0 , up from 0 days last month and up from 0 days in July of last year . The July 2016 DOM was at its lowest level compared with July of 2015 and 2014 .
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 July 2016 Selling Price per Square Foot of $ 0 was down 100.0 % from $ 283 last month and up from 0 in July 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 July 2016 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and up from 0.0 % in July of last year .
800 700 600 500 400 300 200 100
0
550 500 450 400 350 300 250 200 150 100
120 % 100 % 80 % 60 %
Days On Market for Sold Properties
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 M A M
J
J
13
14
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16
Selling Price per Square Foot
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 M A M
J
J
13
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15
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
3 Mo Avg
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 July 2016 was 10 , up 900.0 % from 1 last month and up 900.0 % from 1 in July of last year .
40 % 20 % 0 %
30 25 20 15
A
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O N D
J
F M A M J
J
A
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O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
13
14
15
16
Inventory / New Listings / Sales
16
16 17
J
24
10
5
7 7 7 7
6 8 8 10 10 12 13 14 14
11 11
9
7 8 8
7 11 10
7 7
6
7 9 9
6 8
14
0
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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F M A M
J
J
13
14
15
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