Plant City 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 33 , down 47.6 % from 63 days last month and down 32.7 % from 49 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
Plant City 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 33 , down 47.6 % from 63 days last month and down 32.7 % from 49 days in April of last year . The April 2018 DOM was at its lowest level compared with April of 2017 and 2016 .
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 2018 Selling Price per Square Foot of $ 114 was down 1.2 % from $ 115 last month and up 3.0 % from 110 in April of last year .
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 2018 was 94 , down 3.1 % from 97 last month and down 7.8 % from 102 in April of last year .
100 90 80 70 60 50 40 30 20 10 0
150 140 130 120 110 100 90 80 70 60 50
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 99 % original list price . The lower the ratio is below 100 % the more of 98 % a Buyer ' s market exists , a ratio at or above 100 % indicates more 97 % of a Seller ' s market . The April 2018 Selling Price vs Original
96 %
List Price of 96.2 % was up from 95.7 % last month and up from 95.8 % in April of last year .
95 % 94 % 93 % 92 % 91 % 90 %
300 250 200 150 100
Days On Market for Sold Properties
64
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16 |
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17 |
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18 |
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Selling Price per Square Foot |
3 Mo Avg |
95
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18 |
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Selling Price versus Listing Price Ratio
94.9 %
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15 |
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18 |
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Inventory / New Listings / Sales |
245 257
271 249 237 242 236
Avg Selling Price divided by Avg Listing Price for sold properties during the month
192 193 189 177 170 186 187 202 209
183 185 192 169 173 177 174
49
110
95.8 %
175 170 176 189 193 187 179 175
157
3 Mo Avg
3 Mo Avg
163 164 173
33
114
96.2 %
162
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
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