DFW ARCHIVED March 2016 | Page 7

Market Action Report County: Anderson March 2016 Anderson Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 March was 126, up 157.1% from 49 days last month and down 6.7% from 135 days in March of last year. The March 2016 DOM was at a mid level compared with March of 2015 and 2014. 3 Mo Avg 250 200 135 150 126 100 38 50 0 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 F M 13 14 15 16 Selling Price per Square Foot 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 140 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 120 more normalized indicator on the direction of Property values. 100 The March 2016 Selling Price per Square Foot of $56 was up 80 32.1% from $42 last month and down 25.9% from 76 in March of last year. 60 80 3 Mo Avg 76 56 40 20 0 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 F M 13 14 15 16 Selling Price versus Listi