Community Information
Dorchester
Community Information
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 April was 0 , up from 0 days last month and up from 0 days in April of last year . The April 2016 DOM was at its lowest level compared with April of 2015 and 2014 .
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 April 2016 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in April 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 April 2016 Selling Price vs Original List Price of 92.2 % was up from 0.0 % last month and up from 0.0 % in April 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 April 2016 was 2 , equal to 2 last month and up from 0 in April of last year .
Days On Market for Sold Properties
900 |
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800 |
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700 |
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600 |
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500 |
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400 |
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300 |
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200 |
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100 |
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0 |
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-100 |
M
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O N D
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F M A M
14
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O N D
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F M A M
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O N D
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F M A
16
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Selling Price per Square Foot |
3 Mo Avg |
450 445 440 435 430 425 420 415 410 405 400
100 % 90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
16 14 12 10 8 6 4 2 0
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F M A M |
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O N D |
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F M A M |
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O N D |
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F M A |
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14 |
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15 |
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16 |
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10
Selling Price versus Listing Price Ratio
M |
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O N D |
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F M A M J |
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O N D |
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F M A M J |
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O N D |
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F M A |
13 |
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14 |
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15 |
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16 |
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Inventory / New Listings / Sales |
11 12 12 12
11 11 11
Avg Selling Price divided by Avg Listing Price for sold properties during the month
10 10
9 11
12
10
9 9 9
7 7 7 7
8
10
8 8
9
8
6 6
5 8 8
3 Mo Avg
3 Mo Avg
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O N D |
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F M A M |
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O N D |
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F M A M |
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S |
O N D |
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F M A |
13 |
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14 |
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15 |
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16 |
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9 11
13
92.2 %
14 c o l d w e l l b a n k e r h o m e s . c o m | 19