DFW ARCHIVED October 2017 | Page 13

HENDERSON

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 82 , up from 0 days last month and down 14.6 % from 96 days in October of last year . The October 2017 DOM was at a mid level compared with October of 2016 and 2015 .
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 2017 Selling Price per Square Foot of $ 0 was up from $ 0 last month and down 100.0 % from 347 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 2017 Selling Price vs Original List Price of 96.0 % was up from 0.0 % last month and up from 89.0 % in October of last year .
800 700 600 500 400 300 200 100
0
550 500 450 400 350 300 250 200 150 100
120 % 100 % 80 % 60 %
Days On Market for Sold Properties
71
Selling Price per Square Foot
Selling Price versus Listing Price Ratio
96 82
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
14
15
16
17
279
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
14
15
16
17
Avg Selling Price divided by Avg Listing Price for sold properties during the month
347
91.4 % 89.0 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
96.0 %
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 2017 was 1 , down 66.7 % from 3 last month and down 66.7 % from 3 in October of last year .
40 % 20 % 0 %
35 30 25 20
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
14
15
16
17
Inventory / New Listings / Sales
22 26
28 31 32 32 32 33 32
15
18 17 18
10 5 0
9
7 8 8
4
7 10 9
6 6
5 5 5
4 1 2
7
6
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
14
15
16
17
5
5 7 7 7
10
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