Clearwater Community Information | School District
Clearwater 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 42 , equal to 42 days last month and down 23.6 % from 55 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
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 $ 126 was down 3.1 % from $ 131 last month and up 6.5 % from 119 in July of last year .
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 98 % original list price . The lower the ratio is below 100 % the more of
96 % 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 94 % Price of 96.1 % was up from 95.9 % last month and up from 94.9 % in July of last year . 92 % 90 % 88 % 86 %
Days On Market for Sold Properties
61
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Selling Price per Square Foot |
3 Mo Avg |
102
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.1 %
55
119
94.9 %
3 Mo Avg
3 Mo Avg
42
J
126
J
96.1 %
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 331 , down 8.1 % from 360 last month and up 11.1 % from 298 in July of last year .
84 %
1,200
1,000 800 600 400
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Inventory / New Listings / Sales |
1,044 1,034 1,032 1,006 978 983 982 960 900 888 888 826 791 747 765 771 756 767 769 757 757 756 700 671 692 690 705 718 656 648 637 666 651 628 614 597
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200 0
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J
26 | c o l d w e l l b a n k e r h o m e s . c o m