Market Action Report
County: Polk
April 2016
Polk County
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Days On Market for Sold Properties
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 94, up 3033.3% from 3
days last month and down 15.3% from 111 days in April of last
year. The April 2016 DOM was at its lowest level compared with
April of 2015 and 2014.
3 Mo Avg
1,000
900
800
700
600
500
400
242
300
200
111
94
100
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
-100
Selling Price per Square Foot
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 April 2016 Selling Price per Square Foot of $110 was down
65.7% from $322 last month and down 47.5% from 210 in April
of last year.
3 Mo A