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 November was 0 , down 100.0 % from 211 days last month and down 100.0 % from 132 days in November of last year . The November 2016 DOM was at a mid level compared with November of 2015 and 2014 .

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 November 2016 Selling Price per Square Foot of $ 0 was down 100.0 % from $ 273 last month and down 100.0 % from 314 in November of last year .

400 350 300 250 200 150 100 50 0

400 380 360 340 320 300 280 260 240 220 200

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 120 % 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 100 % of a Seller ' s market . The November 2016 Selling Price vs Original List Price of 0.0 % was down from 83.5 % last month and

80 % down from 91.5 % in November of last year .

60 % 40 % 20 %

Days On Market for Sold Properties

100

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 J A S O N 13 14

15 16

Selling Price per Square Foot

3 Mo Avg

D J 13 14

296

132

314

Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month

90.5 % 91.5 %

3 Mo Avg

3 Mo Avg

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 November 2016 was 7 , down 36.4 % from 11 last month and equal to 7 in November of last year .

0 %

60 50 40 30 20

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 J A S O N 13 14

15

16 Inventory / New Listings / Sales

24 26 26

32 35 35 37 34 36

32 29 31 31 32

35

40 44 46 44 48 48 47

43

40 49 50

10

12 13 14 15 17 18

0 D J 13 14

8 8 7 8

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