FL ARCHIVED July 2016 | Page 36

Winter Haven Community Information | School District

Winter Haven 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 July was 119 , up from 0 days last month and up 108.8 % from 57 days in July of last year . The July 2016 DOM was at a mid level compared with July 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 July 2016 Selling Price per Square Foot of $ 274 was up from $ 0 last month and up 234.9 % from 82 in July of last year .
160 140 120 100 80 60 40 20 0
350 300 250 200 150 100
Days On Market for Sold Properties
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 M
J
J
13
14
15
16
Selling Price per Square Foot
3 Mo Avg
57
82
3 Mo Avg
119
274
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 July 2016 Selling Price vs Original List Price of 92.6 % was up from 0.0 % last month and up from 70.0 % in July of last year .
50
120 % 100 % 80 % 60 %
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 M
J
J
13
14
15
16
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
70.0 %
3 Mo Avg
92.6 %
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 July 2016 was 0 , down 100.0 % from 1 last month and down 100.0 % from 1 in July of last year .
14 12 10
0 %
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 M J
J
13
14
15
16
Inventory / New Listings / Sales
8 6 4
5
5 7 7 8 8
7 8 8 8
9
8
8
6 6 6
5 5 5
8
9
8 8
9
8
7 9
11
10 11
9 11
12
10 10
8
2 0
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 M
J
J
13
14
15
16
36 | c o l d w e l l b a n k e r h o m e s . c o m