MA ARCHIVED April 2016 | Page 19

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
800
700
600
500
400
300
200
100
0
-100
M
13
J
J
A
S
O N D
J
F M A M
14
J
J
A
S
O N D
J
F M A M
15
J
J
A
S
O N D
J
F M A
16
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
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 D
J
F M A
13
14
15
16
10
Selling Price versus Listing Price Ratio
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 D
J
F M A
13
14
15
16
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
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 D
J
F M A
13
14
15
16
9 11
13
92.2 %
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