DFW ARCHIVED July 2016 | Page 23

Hunt Community Information | School District

Hunt 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 July was 55 , up 22.2 % from 45 days last month and down 20.3 % from 69 days in July of last year . The July 2016 DOM was at its lowest level compared with July of 2015 and 2014 .
120
100
80
60
40
89
69
55
20
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 $ 89 was up 8.5 % from $ 82 last month and up 20.4 % from 74 in July 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 July 2016 was 108 , down 10.7 % from 121 last month and down 20.6 % from 136 in July of last year .
0
100 95 90 85 80 75 70 65 60 55 50
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
98 %
original list price . The lower the ratio is below 100 % the more of
96 %
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
94 %
Price of 96.7 % was up from 96.5 % last month and up from 92.1 %
92 %
in July of last year .
90 %
88 % 86 % 84 % 82 %
600 500 400 300 200 100
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
J
F M A M
J
J
13
14
15
16
Selling Price per Square Foot
3 Mo Avg
67
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
15
16
Selling Price versus Listing Price Ratio
91.6 %
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
15
16
Inventory / New Listings / Sales
478 436 418 405 361 378 363
Avg Selling Price divided by Avg Listing Price for sold properties during the month
376 389 391 392 399 377 342 327
303
249 247 250 240 254 282 262
74
92.1 %
278 289 278 283 262 240
217 187 206
3 Mo Avg
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
15
16
195 197 217
89
96.7 %
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