Days On Market for Sold Properties |
3 Mo Avg |
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 June was 79 , up 12.9 % from 70 days last month and down 11.2 % from 89 days in June of last year . The June 2017 DOM was at a mid level compared with June of 2016 and 2015 . |
300
250
200
150
100
|
68 |
89 |
79 |
50 |
0 | |||||||||||||||
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 |
A |
S O N D |
J |
F M A M J |
|
14 |
15 |
16 |
17 |
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Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
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The Selling Price per Square Foot is a great indicator for the |
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direction of Property values . Since Median Sales Price and |
440 |
||||||||||||||
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 |
420 |
||||||||||||||
more normalized indicator on the direction of Property values .
The June 2017 Selling Price per Square Foot of $ 353 was down
|
400 |
||||||||||||||
4.4 % from $ 370 last month and up 3.5 % from 341 in June of last |
380 |
||||||||||||||
year . |
360 |
350 |
341 |
353 |
|||||||||||
340 |
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 |
A |
S O N D |
J |
F M A M J |
14 |
15 |
16 |
17 |
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 |
A S O N D |
J |
F M A M J |
14 |
15 |
16 |
17 |
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Inventory / New Listings / Sales |
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 |
A |
S O N D |
J |
F M A M J |
14 |
15 |
16 |
17 |