FL ARCHIVED September 2017 | Page 123

Market Action Report City: Delray Beach September 2017 Delray Beach Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 September was 101, up 12.2% from 90 days last month and up 7.4% from 94 days in September of last year. The September 2017 DOM was at a mid level compared with September of 2016 and 2015. 3 Mo Avg 120 101 94 100 81 80 60 40 20 0 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 D J F M A M J J A S 14 15 16 17 Selling Price per Square Foot 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