Market Action Report
County: Spotsylvania
April 2017
Spotsylvania
Agent Name
Title
Phone
Website
Other
Community Information
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 April was 53, down 10.2% from 59
days last month and down 26.4% from 72 days in April of last
year. The April 2017 DOM was at its lowest level compared with
April of 2016 and 2015.
3 Mo Avg
120
100
80
72
56
60
53
40
20
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
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 April 2017 Selling Price per Square Foot of $128 was down
1.6% from $130 last month and down 0.5% from 128 in April of
last year.
150
145
140
135
130
125
120
115
110
105
100
3 Mo Avg
128
128
120
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
14
15
16
17
Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to c