Days On Market for Sold Properties |
3 Mo Avg |
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 December was 124 , up 0.8 % from 123 days last month and down 41.8 % from 213 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 . |
250
200
150
100
|
120 |
213 |
124 |
50 |
0 | |||||||||||||||
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 N D |
|
15 |
16 |
17 |
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Selling Price per Square Foot |
Selling Price per Square Foot |
3 Mo Avg |
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The Selling Price per Square Foot is a great indicator for the |
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direction of Property values . Since Median Sales Price and |
140 |
||||||||||||||
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 |
120 |
||||||||||||||
more normalized indicator on the direction of Property values .
The December 2017 Selling Price per Square Foot of $ 65 was
|
100 |
||||||||||||||
down 16.8 % from $ 78 last month and down 3.4 % from 67 in |
80 |
67 |
65 |
||||||||||||
December of last year . |
60 |
52 |
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 N D |
15 |
16 |
17 |
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 N D |
15 |
16 |
17 |
|||||||||
Inventory / New Listings / Sales |
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 N D |
15 |
16 |
17 |