FL ARCHIVED October 2017 | Page 18

CLEARWATER

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 October was 240 , up from 0 days last month and up from 0 days in October of last year . The October 2017 DOM was at its lowest level compared with October of 2016 and 2015 .
700 600 500 400 300 200 100
Days On Market for Sold Properties
3 Mo Avg
240
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 2017 Selling Price per Square Foot of $ 347 was up from $ 0 last month and up from 0 in October of last year .
0
500 450 400 350 300 250 200
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
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
347
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 2017 Selling Price vs Original List Price of 81.8 % was up from 0.0 % last month and up from 0.0 % in October of last year .
150
120 % 100 % 80 % 60 %
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
14
15
16
17
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
81.8 %
40 % 20 %
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 2017 was 3 , up 200.0 % from 1 last month and up 50.0 % from 2 in October of last year .
18 16 14 12 10 8 6 4 2 0
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
14
15
16
17
Inventory / New Listings / Sales
9 9
7
8 11 11 11 12 12
9
11 14 14
15
13
9
10 11 11 11
9 10 10
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
14
15
16
17
11 10
8 12
13 15
16
14 15
17 16
13 14
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