Anderson Community Information | School District
Anderson 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 148 , up 92.2 % from 77 days last month and down 34.8 % from 227 days in September of last year . The September 2017 DOM was at a mid level compared with September of 2016 and 2015 . |
300
250
200
150
100
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Days On Market for Sold Properties
83
227
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3 Mo Avg
148
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50 |
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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 $ 76 was up 35.3 % from $ 56 last month and down 7.8 % from 82 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 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 September 2017 Selling Price vs Original List Price of 86.7 % was up from 69.7 % last month and up from 83.5 % in September of last year .
0
140 120 100 80 60 40 20 0
120 % 100 % 80 % 60 %
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N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S O N D |
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F M A M J |
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A S |
14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
71
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N D |
J |
F M A M J |
J |
A S O N D |
J |
F M A M J |
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A S O N D |
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F M A M J |
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14 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
89.8 %
82
83.5 %
3 Mo Avg
76
86.7 %
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 September 2017 was 7 , down 61.1 % from 18 last month and up 40.0 % from 5 in September of last year .
80 70 60 50 40 30 20 10 0
0 %
58
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F M A M J |
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F M A M J |
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A S O N D |
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F M A M J |
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14 |
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16 |
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17 |
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Inventory / New Listings / Sales |
45 41 39 36 40 40 39
47 53
57
52
54
48
50
45
47
42 42 41 44 41 39
31 29 31 28 29 35 37 36
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F M A M J |
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A |
S O N D |
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F M A M J |
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S O N D |
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F M A M J |
J |
A |
S |
14 |
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15 |
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16 |
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17 |
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51
59 70 72
76 c o l d w e l l b a n k e r h o m e s . c o m | 7