Tarpon Springs Community Information | School District
Tarpon Springs Community Information | School District
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 October was 71 , down 6.6 % from 76 days last month and down 22.8 % from 92 days in October of last year . The October 2016 DOM was at its lowest level compared with October of 2015 and 2014 . |
140 120 100 80 60 |
88 |
92 |
71 |
|
40 |
|
|
|
|
20 |
|
|
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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 October 2016 Selling Price per Square Foot of $ 130 was down 2.3 % from $ 133 last month and up 13.3 % from 115 in October 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 October 2016 Selling Price vs Original List Price of 94.7 % was up from 92.9 % last month and up from 94.1 % in October 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 October 2016 was 100 , up 8.7 % from 92 last month and up 35.1 % from 74 in October of last year .
0
150 140 130 120 110 100 90 80 70 60 50
98 % 96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 %
450 400 350 300 250 200 150 100 50 0
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 |
J |
A |
S O |
13 |
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
100
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 |
J |
A |
S O |
13 |
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
115
Selling Price versus Listing Price Ratio
87.5 %
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 |
J |
A S O |
13 |
|
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
Inventory / New Listings / Sales |
358 352
372 411 403 398 395
Avg Selling Price divided by Avg Listing Price for sold properties during the month
407 392 395 390 407 392 400 408 402 396 382 383
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 |
J |
A |
S O |
13 |
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
349 336 338 325
94.1 %
311 299 310 318 304 313 289 290 280
3 Mo Avg
272 261 273
130
94.7 %
283
36 | c o l d w e l l b a n k e r h o m e s . c o m