DFW ARCHIVED March 2016 | Page 13

Market Action Report March 2016 Denton County: Denton Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | 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 141, down 23.8% from 185 days last month and up 17.5% from 120 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 350 300 250 200 150 141 120 100 50 11 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 3 Mo Avg 3 Mo Avg Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Origina