Bay County Community Information | School District
Bay County Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 140 , down 16.7 % from 168 days last month and up 8.5 % from 129 days in April of last year . The April 2017 DOM was at a mid level compared with April of 2016 and 2015 . |
250
200
150
100
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128 129 |
140 |
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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 April 2017 Selling Price per Square Foot of $ 229 was up 0.8 % from $ 227 last month and up 17.1 % from 195 in April 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 April 2017 Selling Price vs Original List Price of 94.7 % was down from 95.4 % last month and down from 94.9 % 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 |
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 |
250 240 230 220 210 200 190 180 170 160 150
100 % 98 % 96 % 94 % 92 % 90 %
213
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 |
14 |
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15 |
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16 |
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17 |
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195
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.0 %
3 Mo Avg
229
94.9 % 94.7 %
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 2017 was 55 , up 14.6 % from 48 last month and down 9.8 % from 61 in April of last year .
88 % 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 14
15 16
17
Inventory / New Listings / Sales
450 400 350 300 250 200 150 100 50 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 14
15 16
17
294 285 284 302 308 328 325
287 318 301 307
343 376 373 386 391 397 374 361 364 393 400 400 407 420 408 409 387 382 390 367 351 328 322
270 239
186 | c o l d w e l l b a n k e r h o m e s . c o m