FL ARCHIVED July 2017 | Página 18

Market Action Report July 2017 City: Clearwater CLEARWATER Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties 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 19.0% from 100 days last month and up from 0 days in July of last year. The July 2017 DOM was at a mid level compared with July of 2016 and 2015. 3 Mo Avg 700 600 500 400 300 200 119 100 45 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 14 15 16 17 Selling Price per Square Foot 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 2017 Selling Price per Square Foot of $292 was up 69.6% from $172 last month and up from 0 in July of last year. 3 Mo Avg 500 450 400 350 292 300 250 198 200 150 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 14 15 16 17 Selling Price versus Listing Price Ratio 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 2017 Selling Price vs Original List Price of 91.9% was up from 91.8% last month and up from 0.0% in July of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price