FL ARCHIVED July 2017 | Page 43

OSPREY

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 82 , up from 0 days last month and up from 0 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
1,000
800
600
400
Days On Market for Sold Properties
475
3 Mo Avg
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 $ 597 was up 120.4 % from $ 271 last month and up from 0 in July of last year .
200
0
-200
850 750 650 550 450 350 250
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
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
609 597
82
J
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 86.4 % was down from 96.5 % last month and up from 0.0 % in July of last year .
150
120 % 100 % 80 % 60 %
A
S O N D
J
F M A M J
J
A
S O N D
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F M A M J
J
A
S O N D
J
F M A M J
14
15
16
17
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
78.8 %
3 Mo Avg
J
86.4 %
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 2017 was 4 , up 300.0 % from 1 last month and up 33.3 % from 3 in July of last year .
50 45 40 35 30 25 20 15 10 5 0
0 %
35
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
14
15
16
17
Inventory / New Listings / Sales
34 39 38 38 37 36 40 39 37
31
32
24 25 25 33 31
39 44
41
38
34 35 35
31
30 35 37 35 44 45 44 43 45
42
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
14
15
16
17
J
38
J
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