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 April was 633 , up 26.9 % from 499 days last month and up from 0 days in April of last year . The April 2016 DOM was at its lowest level compared with April of 2015 and 2014 .

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 April 2016 Selling Price vs Original List Price of 69.1 % was down from 85.4 % last month and up from 0.0 % in April of last year .

1,000 900 800 700 600 500 400 300 200 100

0

120 % 100 % 80 % 60 % 40 % 20 %

Days On Market for Sold Properties

Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month

3 Mo Avg

3 Mo Avg

633

69.1 %

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 April 2016 was 2 , down 33.3 % from 3 last month and down 33.3 % from 3 in April of last year .

0 % 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 N D J F M A 13

14 15

16

Inventory / New Listings / Sales

20 18 16 14 12 10 8 6 4 2 0 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 N D J F M A 13

14 15

16

17 18 18 18 17 17

16

12 12 12 12 12 12

10 9

13

12

10 9 9

7 8

11 12 12 13 13

10

12 16 16

17

15

11 13 13

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