Galveston Community Information | School District
Galveston Community Information | School District
Market Time |
90 |
The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
80 |
trend in DOM tends to indicate a move towards more of a |
70 |
|
Buyer ' s market , a downward trend a move towards more of a
Seller ' s market . The DOM for December was 69 , up 7.8 % from
|
60 |
64 days last month and up 15.0 % from 60 days in December of |
50 |
last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 . |
40 |
30 |
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 December 2017 Selling Price per Square Foot of $ 130 was up 9.0 % from $ 120 last month and up 7.3 % from 122 in December of last year .
20 10 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 97 % 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 96 % of a Seller ' s market . The December 2017 Selling Price vs Original List Price of 93.7 % was down from 94.7 % last month and down
95 % from 95.1 % in December of last year .
94 % 93 % 92 %
Days On Market for Sold Properties
68
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 D |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
Selling Price per Square Foot
110
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 D |
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
|
|
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.9 %
60
122
95.1 %
3 Mo Avg
3 Mo Avg
3 Mo Avg
69
130
93.7 %
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 December 2017 was 431 , down 18.4 % from 528 last month and up 15.9 % from 372 in December of last year .
91 %
2,500
2,000
1,500
1,000
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 D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
1,697 1,733 1,713 1,761 1,870 1,902 1,912 1,885 1,820 1,773
Inventory / New Listings / Sales
1,675 1,552 1,615 1,619 1,714 1,745 1,751 1,882 1,915 1,942 1,964 1,916 1,803 1,705 1,761 1,798 1,873 1,969 2,016 2,137 2,181 2,190
2,028 1,883
1,753 1,642
500
0
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 D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
c o l d w e l l b a n k e r h o m e s . c o m | 15