Brazoria Community Information | School District
Brazoria Community Information | School District
Market Time |
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The average Days On Market ( DOM ) shows how many days the |
average Property is on the market before it sells . An upward |
70 |
|
trend in DOM tends to indicate a move towards more of a
Buyer ' s market , a downward trend a move towards more of a
|
60 |
Seller ' s market . The DOM for February was 53 , down 13.1 % from |
50 |
61 days last month and down 3.6 % from 55 days in February of |
last year . The February 2017 DOM was at its lowest level |
40 |
compared with February of 2016 and 2015 . |
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 February 2017 Selling Price per Square Foot of $ 104 was down 0.7 % from $ 105 last month and up 5.9 % from 98 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 96.3 % was up from 95.1 % last month and up from 96.1 % in February of last year .
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 476 , up 6.0 % from 449 last month and up 6.3 % from 448 in February of last year .
20 10 0
150 140 130 120 110 100 90 80 70 60 50
98 % 98 % 97 % 97 % 96 % 96 % 95 % 95 % 94 % 94 % 93 %
1,200
1,000 800 600 400 200
Days On Market for Sold Properties
63
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14 |
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15 |
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Selling Price per Square Foot
89
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14 |
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Selling Price versus Listing Price Ratio
96.8 %
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1,052 1,082 1,062 1,075 1,056 1,017
Avg Selling Price divided by Avg Listing Price for sold properties during the month
959 908 864
794
Inventory / New Listings / Sales
786 810 763 792
845
911 1,016 982 961 963 942 902 882
55
98
96.1 %
886 869 854
916
1,026 1,107 1,134 1,086 1,118
3 Mo Avg
3 Mo Avg
3 Mo Avg
1,074 1,039 995
53
104
96.3 %
991
0
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c o l d w e l l b a n k e r h o m e s . c o m | 9