Plantation Community Information | School District
Plantation 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 64 , up 16.4 % from 55 days last month and down 19.0 % from 79 days in July of last year . The July 2017 DOM was at a mid 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 $ 169 was up 3.8 % from $ 163 last month and up 6.6 % from 158 in July 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 July 2017 Selling Price vs Original List Price of 95.3 % was down from 96.8 % last month and down from 96.3 % in July 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 July 2017 was 179 , up 10.5 % from 162 last month and down 2.7 % from 184 in July of last year .
100 90 80 70 60 50 40 30 20 10 0
200 190 180 170 160 150 140 130 120 110 100
98 % 97 % 97 % 96 % 96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 %
700 600 500 400 300
Days On Market for Sold Properties
61
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 |
142
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 versus Listing Price Ratio
94.5 %
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 |
567 556 569 580
530 563 587
Avg Selling Price divided by Avg Listing Price for sold properties during the month
589 592 595 591 559 554 557 567 543 522 539 560 606 615 605 609
79
158
96.3 %
605 559
511 458
493 462 454 456 458
3 Mo Avg
3 Mo Avg
441 449 425
64
J
169
J
95.3 %
J
424
200 100
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 |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
J
c o l d w e l l b a n k e r h o m e s . c o m | 97