Community Information
Queen Anne ’ s
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 193 , up 70.8 % from 113 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 .
1,200
1,000
800
600
400
200
Days On Market for Sold Properties
335
3 Mo Avg
193
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 down 100.0 % from $ 280 last month and up from 0 in February of last year .
0
400 350 300 250 200 150
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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 91.8 % was up from 87.4 % last month and up from 0.0 % in February of last year .
100
120 % 100 % 80 % 60 %
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17 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
77.8 %
3 Mo Avg
91.8 %
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 9 , up 50.0 % from 6 last month and down 10.0 % from 10 in February of last year .
0 % 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 J F 14
15 16
17
Inventory / New Listings / Sales
90 80 70 60 50 40 30 20 10 0 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 J F 14
15 16
17
58
62 71 74 77 78
84
76
63
52
43
49 61 61 74 72
76 85
77
68
56
44 46 49 55 57 61 63 63 64
59
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39 c o l d w e l l b a n k e r h o m e s . c o m | 33