Boca Raton Community Information | School District
Boca Raton 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 August was 95 , up 3.3 % from 92 days last month and up 11.8 % from 85 days in August of last year . The August 2017 DOM was at a mid level compared with August of 2016 and 2015 . |
120
100
80
60
40
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94 |
85 |
95 |
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20 |
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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 August 2017 Selling Price per Square Foot of $ 192 was down 7.8 % from $ 209 last month and down 4.0 % from 200 in August 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 August 2017 Selling Price vs Original List Price of 91.2 % was down from 91.6 % last month and down from 92.8 % in August 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 August 2017 was 668 , up 1.5 % from 658 last month and up 4.2 % from 641 in August of last year .
0
250 240 230 220 210 200 190 180 170 160 150
93 % 93 % 92 % 92 % 91 % 91 % 90 % 90 % 89 %
3,500 3,000 2,500 2,000 1,500 1,000
500
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 M J |
J |
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 |
210
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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200
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.8 % 92.6 %
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
2,844 2,851 2,839 2,793 3,028 3,049 3,048 3,023 2,849 2,823 2,830 2,760 2,730 2,947 2,929 2,916
3,081 3,282 3,299 3,308 3,145 3,102 2,984 2,790 2,794 2,748 2,791 2,759 2,891 2,962 2,931 2,865
3 Mo Avg
2,643 2,546
2,366
192
91.2 %
2,358
0
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 M J |
J |
A |
14 |
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15 |
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16 |
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17 |
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c o l d w e l l b a n k e r h o m e s . c o m | 119