Harris Community Information | School District
Harris 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 February was 59 , equal to 59 days last month and up 3.5 % from 57 days in February of last year . The February 2017 DOM was at a mid level compared with February of 2016 and 2015 . |
70 60 50 40 30 |
51 |
57 |
59 |
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20 |
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10 |
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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 February 2017 Selling Price per Square Foot of $ 123 was up 5.4 % from $ 116 last month and up 10.4 % from 111 in February 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 February 2017 Selling Price vs Original List Price of 95.2 % was up from 94.5 % last month and up from 95.1 % in February of last year .
0
150 145 140 135 130 125 120 115 110 105 100
98 % 97 % 96 % 95 % 94 % 93 %
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A M J
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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 |
J |
F |
14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot
112 111
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M
A M J
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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 |
J |
F |
14 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.3 %
3 Mo Avg
3 Mo Avg
123
95.1 % 95.2 %
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 February 2017 was 6,144 , down 0.7 % from 6,186 last month and down 3.1 % from 6,338 in February of last year .
92 %
18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000
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A M J
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A S O N D |
J |
F M A M J |
J |
A S O N D |
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F M A M J |
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A S O N D |
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14 |
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15 |
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16 |
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17 |
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0
10,933 11,057 11,448 11,530 11,755 11,501 10,941 10,902 10,400 9,843
Inventory / New Listings / Sales
10,581 10,935 11,054 11,561 12,049 12,572 13,755 13,880 14,100
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M
A M J
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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 |
J |
F |
14 |
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15 |
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17 |
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14,130
13,697 12,768 13,112 13,765 14,372 14,558 14,793 15,474 15,680 15,617 15,527 15,089 14,473 13,262 13,175 13,220 c o l d w e l l b a n k e r h o m e s . c o m | 19