PASCO COUNTY
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 March was 184 , down 45.7 % from 339 days last month and up 1214.3 % from 14 days in March of last year . The March 2018 DOM was at a mid level compared with March of 2017 and 2016 .
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Days On Market for Sold Properties
3 Mo Avg
184
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 March 2018 Selling Price per Square Foot of $ 277 was up 61.1 % from $ 172 last month and up 115.1 % from 129 in March of last year .
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Selling Price per Square Foot |
3 Mo Avg |
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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 March 2018 Selling Price vs Original List Price of 81.5 % was down from 82.0 % last month and down from 119.1 % in March of last year .
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
119.1 %
3 Mo Avg
81.5 %
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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 March 2018 was 6 , up 200.0 % from 2 last month and up 100.0 % from 3 in March of last year .
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18 | coldwellbankerluxury . com