Arlington Community Information
Arlington 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 December was 49 , up 32.4 % from 37 days last month and equal to 49 days in December of last year . The December 2017 DOM was at its lowest level compared with December of 2016 and 2015 .
70 60 50 40 30 20 10
Days On Market for Sold Properties
3 Mo Avg
50 49 49
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 December 2017 Selling Price per Square Foot of $ 416 was up 5.4 % from $ 395 last month and up 6.7 % from 390 in December 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 December 2017 was 100 , down 39.0 % from 164 last month and down 23.1 % from 130 in December of last year .
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 |
|
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
450 440 430 420 410 400 390 380 370 360 350
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 |
100 % |
original list price . The lower the ratio is below 100 % the more of |
99 % |
a Buyer ' s market exists , a ratio at or above 100 % indicates more |
of a Seller ' s market . The December 2017 Selling Price vs Original |
98 % |
List Price of 96.4 % was down from 96.6 % last month and up |
97 % |
from 96.0 % in December of last year . |
96 % |
95 % 94 % 93 %
388
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 |
|
|
|
|
390
Selling Price versus Listing Price Ratio
95.9 % 96.0 %
92 % |
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 |
700 600 500 400 300 200 100
408 436
474
601 641 666 648
Avg Selling Price divided by Avg Listing Price for sold properties during the month
600 617 620
535
427 434 429
517 625 615 608 593
548 587
532
454
380 376 381
467 506 514 520 514 522
3 Mo Avg
573
502
427
416
96.4 %
325
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 |
|
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17 |
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c o l d w e l l b a n k e r h o m e s . c o m | 49