Charlotte County Community Information | School District
Charlotte County 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 April was 213 , up from 0 days last month and down 5.8 % from 226 days in April of last year . The April 2016 DOM was at its lowest level compared with April of 2015 and 2014 .
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 $ 293 was up from $ 0 last month and up 0.2 % from 293 in April of last year .
700 600 500 400 300 200 100
0 -100
450 400 350 300 250 200
Days On Market for Sold Properties
214 226 213
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Selling Price per Square Foot |
3 Mo Avg |
308
3 Mo Avg
293 293
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 87.1 % was up from 0.0 % last month and up from 72.8 % in April of last year .
150
120 % 100 % 80 % 60 %
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
75.8 % 72.8 %
3 Mo Avg
87.1 %
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 April 2016 was 5 , down 44.4 % from 9 last month and equal to 5 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
80 70 60 50 40 30 20 10 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
62
60
53
52
47 47 46 46
52 61 58 55 53 55 55 54 55 62 64
70
65 63
55 51 49 55 53
48 48 49 49
54
59 64 67 65 c o l d w e l l b a n k e r h o m e s . c o m | 41