FL ARCHIVED November 2017 | Page 206

Gulf Breeze Community Information | School District

Gulf Breeze Community Information | School District

Market Time
160
The average Days On Market ( DOM ) shows how many days the
average Property is on the market before it sells . An upward
140
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
120
Seller ' s market . The DOM for November was 83 , up 36.1 % from
100
61 days last month and down 19.4 % from 103 days in November of last year . The November 2017 DOM was at its lowest level
80
compared with November of 2016 and 2015 .
60
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 2017 Selling Price per Square Foot of $ 143 was down 1.0 % from $ 144 last month and up 20.7 % from 118 in November 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 November 2017 was 84 , down 8.7 % from 92 last month and up 35.5 % from 62 in November of last year .
40 20 0
150 145 140 135 130 125 120 115 110 105 100
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 100 % original list price . The lower the ratio is below 100 % the more of
98 % a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The November 2017 Selling Price vs 96 % Original List Price of 96.9 % was up from 96.2 % last month and
94 % up from 95.4 % in November of last year . 92 % 90 % 88 % 86 %
600 500 400 300 200 100
Days On Market for Sold Properties
129
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 14 15
16 17
Selling Price per Square Foot
3 Mo Avg
D J 14 15
503
116
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
16
17
Selling Price versus Listing Price Ratio
91.6 %
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 14 15
16
17 Inventory / New Listings / Sales
554 529 511 490 510
467
Avg Selling Price divided by Avg Listing Price for sold properties during the month
451 441 416 407 390 389 397 418 413 412 374 360 349 325 305 313
103
118
95.4 %
291 289 310 316 330 325 349 330 350
3 Mo Avg
3 Mo Avg
310 313 291
83
143
96.9 %
264
0 D J 14 15
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
16
17
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