DFW ARCHIVED July 2016 | Page 7

Anderson Community Information | School District

Anderson 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 , down 100.0 % from 49 days last month and down 100.0 % from 37 days in July of last year . The July 2016 DOM was at a mid level compared with July of 2015 and 2014 .
250
200
150
100
Days On Market for Sold Properties
133
3 Mo Avg
50 37
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 $ 66 last month and down 100.0 % from 98 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 down from 92.9 % last month and down from 99.0 % in July of last year .
0
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F M A M
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13
14
15
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Selling Price per Square Foot
3 Mo Avg
140 120 100 80 60 40 20 0
120 % 100 % 80 % 60 %
51
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F M A M
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
81.2 %
98
99.0 %
3 Mo Avg
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 July 2016 was 5 , equal to 5 last month and down 66.7 % from 15 in July of last year .
70 60 50 40 30
0 %
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F M A M J
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F M A M J
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Inventory / New Listings / Sales
57 55
52
48 50 49 51 51 58 59 57 54 53 53
57
44
40 38
35 38 38 37
45 51
55
51
52
46
48
42
43
38 39
36 39 37
20 10 0
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F M A M
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