HOU ARCHIVED November 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 November was 0 , up from 0 days last month and up from 0 days in November of last year . The November 2017 DOM was at its lowest level compared with November 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 November 2017 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in November 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 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 November 2017 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and up from
80 %
0.0 % in November of last year .
60 %
0
250 240 230 220 210 200 190 180 170 160 150
40 % 20 %
D J 14 15
D J 14 15
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
16
17
Selling Price per Square Foot
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
16
17
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 November 2017 was 0 , down 100.0 % from 1 last month and up from 0 in November of last year .
0 %
12 10 8 6
D J 14 15
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
16
17
Inventory / New Listings / Sales
4
4
4
5
5
3
3 3 3 3
2
4 4
4 4
6
6 6
9
9
7 7
5 5 5 5 5
4
6
7
9
10
8
4
2
3 3
0 D J 14 15
0
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
16
17
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