Harford Community Information
Harford 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 550 , up from 0 days last month and up 511.1 % from 90 days in February of last year . The February 2017 DOM was at a mid level compared with February of 2016 and 2015 .
600
500
400
300
200
100
Days On Market for Sold Properties
90
3 Mo Avg
550
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
350
300
250
200
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M
A M J
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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 |
14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
150
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 71.7 % was up from 0.0 % last month and down from 97.0 % in February 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 February 2017 was 5 , up 150.0 % from 2 last month and up 150.0 % from 2 in February of last year .
100
200 % 180 % 160 % 140 % 120 % 100 % 80 % 60 % 40 % 20 % 0 %
20 18 16 14 12 10 8 6 4 2 0
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M
A M J
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S O N D |
J |
F M A M J |
J |
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S O N D |
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F M A M J |
J |
A |
S O N D |
J |
F |
14 |
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15 |
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16 |
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17 |
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Selling Price versus Listing Price Ratio
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M
A M J
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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 |
14 |
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15 |
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16 |
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17 |
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Inventory / New Listings / Sales |
10
10 11 11 11 11
14
Avg Selling Price divided by Avg Listing Price for sold properties during the month
15
13
9
8 10 10
11 12
17
14 14 14
11 10 10 10
97.0 %
11 11 11 11
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M
A M J
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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 |
14 |
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15 |
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16 |
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17 |
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13 16
15 18
15
3 Mo Avg
9
8 9
71.7 %
14 c o l d w e l l b a n k e r h o m e s . c o m | 23