DFW ARCHIVED October 2016 | Page 21

Parker Community Information | School District

Parker 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 October was 0 , up from 0 days last month and up from 0 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 .
350 300 250 200 150 100 50
Days On Market for Sold Properties
121
3 Mo Avg
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 October 2016 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in October of last year .
0
400 350 300 250 200 150
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
A
S O
13
14
15
16
Selling Price per Square Foot
268
3 Mo Avg
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 October 2016 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and up from 0.0 % in October of last year .
100
120 % 100 % 80 % 60 %
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
A
S O
13
14
15
16
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
89.1 %
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 October 2016 was 2 , down 33.3 % from 3 last month and up from 0 in October of last year .
14 12 10 8 6 4
0 %
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
A S O
13
14
15
16
6 6
5 7
8 9
11 12 12
Inventory / New Listings / Sales
9 9 9 9
8
7 7
6 8
7
6 6
8
6
5 7
8
6 7 7
9
12
11 11 11 11
13
2 0
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
A
S O
13
14
15
16
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