DFW ARCHIVED September 2017 | страница 11

DENTON

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 September was 42 , down 66.9 % from 127 days last month and down 70.2 % from 141 days in September of last year . The September 2017 DOM was at its lowest level compared with September of 2016 and 2015 .
300
250
200
150
100
Days On Market for Sold Properties
105
141
3 Mo Avg
50
42
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 September 2017 Selling Price per Square Foot of $ 237 was down 30.0 % from $ 339 last month and down 16.8 % from 285 in September 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
120 %
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
100 %
of a Seller ' s market . The September 2017 Selling Price vs
Original List Price of 97.8 % was up from 90.8 % last month and
80 %
up from 92.5 % in September of last year .
60 %
0
350 330 310 290 270 250 230 210 190 170 150
40 % 20 %
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 A M J
J
A S
14
15
16
17
Selling Price per Square Foot
220
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 A M J
J
A S
14
15
16
17
285
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
86.7 %
92.5 %
3 Mo Avg
3 Mo Avg
237
97.8 %
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 September 2017 was 23 , up 76.9 % from 13 last month and up 64.3 % from 14 in September of last year .
120 100 80 60
0 %
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 A M J
J
A S
14
15
16
17
76
69
64 73
79 87 90 89
Inventory / New Listings / Sales
91
80 77 75
66 71 70 80 80 82 81
89
82 79 76 74
65 64 67 70 75 92 90 89 88
96
40
47
53
20 0
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 A M J
J
A S
14
15
16
17
Coldwell Banker Global Luxury SM | 11