MA ARCHIVED August 2016 | Page 13

Market Action Report August 2016 Carroll County: Carroll Agent Name Title Phone Website Other Community Information Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time 3 Mo Avg 120 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 100 trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a 80 Seller's market. The DOM for August was 53, down 1.9% from 54 days last month and down 23.2% from 69 days in August of last 60 year. The August 2016 DOM was at its lowest level compared with August of 2015 and 2014. 40 77 69 53 20 0 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 M J J A 13 14 15 16 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