HOU ARCHIVED October 2017 | Page 27

Market Action Report County: San Jacinto October 2017 San Jacinto Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties 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 92, down 13.2% from 106 days last month and up 7.0% from 86 days in October of last year. The October 2017 DOM was at a mid level compared with October of 2016 and 2015. 3 Mo Avg 200 180 160 140 120 91 100 92 86 80 60 40 20 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 14 15 16 17 Selling Price per Square Foot 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 2017 Selling Price per Square