DFW ARCHIVED October 2016 | Seite 7

Collin Community Information | School District

Collin 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 October was 132 , up 33.3 % from 99 days last month and up 29.4 % from 102 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 .
300
250
200
150
100
115
102
132
50
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 $ 228 was up 7.9 % from $ 212 last month and down 18.2 % from 279 in October 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 October 2016 Selling Price vs Original List Price of 88.6 % was up from 88.3 % last month and down from 96.9 % in October of last year .
0
290 270 250 230 210 190 170 150
105 % 100 % 95 % 90 %
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
231
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
279
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.3 %
96.9 %
3 Mo Avg
3 Mo Avg
228
88.6 %
85 % 80 %
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 24 , down 14.3 % from 28 last month and up 33.3 % from 18 in October of last year .
75 %
180 160 140 120 100 80 60 40 20 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
89
73 83 89 100 109 115 108 97 91
Inventory / New Listings / Sales
81 77
68
54 53
66 75 81 91 90 102 97 102 101
87
71 79
94 109
119 130 136 144 144 148 155
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
c o l d w e l l b a n k e r h o m e s . c o m | 7