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 98 , up 38.0 % from 71 days last month and up 50.8 % from 65 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 . |
120
100
80
60
40
|
69 |
65 |
98 |
|
20 |
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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 $ 337 was down 5.3 % from $ 356 last month and down 4.0 % from 351 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 92.7 % was down from 93.2 % last month and down from 94.2 % in October of last year .
0
400 390 380 370 360 350 340 330 320 310 300
100 % 98 % 96 % 94 % 92 % 90 % 88 %
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 |
|
14 |
|
|
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15 |
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16 |
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Selling Price per Square Foot
329
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 |
|
14 |
|
|
|
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15 |
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16 |
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351
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
95.5 % 94.2 %
3 Mo Avg
3 Mo Avg
337
92.7 %
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 194 , down 25.1 % from 259 last month and down 19.2 % from 240 in October of last year .
86 %
1,400 1,200 1,000 800 600 400 200
0
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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571 517 544 564 587 633 636 625 663 619
Inventory / New Listings / Sales
630 685 665 661 707 771 826 860 883
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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888 910 921 948 984 947 861 906 1,010 1,118 1,161 1,164 1,171 1,148 1,082 1,078 1,038 c o l d w e l l b a n k e r h o m e s . c o m | 15