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 October was 50 , up 8.7 % from 46 days last month and up 6.4 % from 47 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 . |
70 60 50 40 30 |
46 47 |
50 |
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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 October 2016 Selling Price per Square Foot of $ 119 was down 0.9 % from $ 120 last month and up 5.5 % from 113 in October 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 October 2016 Selling Price vs Original List Price of 95.1 % was down from 95.3 % last month and down from 95.4 % in October 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 October 2016 was 5,710 , down 7.7 % from 6,186 last month and down 4.2 % from 5,960 in October of last year .
0
150 145 140 135 130 125 120 115 110 105 100
98 % 98 % 97 % 97 % 96 % 96 % 95 % 95 % 94 % 94 % 93 %
18,000 16,000 14,000 12,000 10,000
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 M A M J |
J |
A |
S O |
13 |
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14 |
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15 |
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16 |
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8,000 6,000 4,000 2,000
Selling Price per Square Foot
111
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 M A M J |
J |
A |
S O |
13 |
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14 |
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15 |
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16 |
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113
Selling Price versus Listing Price Ratio
96.4 %
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 M A M J |
J |
A S O |
13 |
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14 |
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15 |
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16 |
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0
13,032 12,014 11,351 11,186 10,933 11,057
Avg Selling Price divided by Avg Listing Price for sold properties during the month
11,448 11,530 11,755 11,500
95.4 %
Inventory / New Listings / Sales
10,939 10,899 10,397 9,839 10,575 10,929 11,047 11,554 12,041 12,564 13,746 13,867 14,084 14,109 13,675 12,745 13,086 13,734 14,329 14,511 14,731 15,390
3 Mo Avg
3 Mo Avg
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 M A M J |
J |
A S O |
13 |
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14 |
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15 |
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16 |
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15,570 15,442 15,224
119
95.1 %
14,362 c o l d w e l l b a n k e r h o m e s . c o m | 19