HOU ARCHIVED December 2017 | Page 21

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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 December was 0 , up from 0 days last month and up from 0 days in December of last year . The December 2017 DOM was at its lowest level compared with December of 2016 and 2015 .
120
100
80
60
40
20
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 $ 0 was up from $ 0 last month and up from 0 in December of last year .
0
250 240 230 220 210 200 190 180 170 160 150
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 120 % 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 100 % of a Seller ' s market . The December 2017 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and up from
80 %
0.0 % in December of last year .
60 % 40 % 20 %
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Selling Price per Square Foot
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
3 Mo Avg
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 0 , up from 0 last month and up from 0 in December of last year .
0 %
12 10 8 6
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Inventory / New Listings / Sales
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4 4
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