Cecil Community Information
Cecil 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 February was 0 , up from 0 days last month and up from 0 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 .
350 300 250 200 150 100 50
Days On Market for Sold Properties
3 Mo Avg
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 February 2017 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in February of last year .
0
800 700 600 500 400 300 200
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
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 February 2017 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and up from 0.0 % in February of last year .
100
120 % 100 % 80 % 60 %
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
3 Mo Avg
40 % 20 %
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 February 2017 was 1 , down 50.0 % from 2 last month and up from 0 in February of last year .
25
20
15
10
0 % |
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Inventory / New Listings / Sales |
11 15 16 18 17 18 20 19
17
15
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14
12 11 12 12 13
11 12 11 10 9
9
11 13 14 14
12 11 12 11 13 13
5
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6 7
0
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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 | 15