DFW ARCHIVED October 2016 | Page 27

Kaufman Community Information | School District

Kaufman 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 44 , up 15.8 % from 38 days last month and up 12.8 % from 39 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 .
120
100
80
60
40
55
39
44
20
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 $ 95 was up 0.1 % from $ 95 last month and up 8.4 % from 88 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 96.3 % was down from 96.7 % last month and down from 97.3 % in October of last year .
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 199 , down 2.9 % from 205 last month and up 9.3 % from 182 in October of last year .
0
100 95 90 85 80 75 70 65 60 55 50
99 % 98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
600 500 400 300 200
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
3 Mo Avg
76
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
94.5 %
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
Inventory / New Listings / Sales
543
453 464 447 449 487 469
Avg Selling Price divided by Avg Listing Price for sold properties during the month
462 451 440
387 344 320 277 291 282 290
319
88
97.3 %
338 338 336 337 324 311 299 297 306 316 306 304 325 341
3 Mo Avg
95
96.3 %
387 352 343
372
100 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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