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 .

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 .

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 0 , down 100.0 % from 1 last month and up from 0 in February of last year .

400 350 300 250 200 150 100 50 0

Days On Market for Sold Properties

Selling Price versus Listing Price Ratio

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

80 % 78 % 76 % 74 % 72 % 70 % 68 % 66 % 64 % 62 % 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

18 16 14 12 10 8 6 4 2 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

13 12

14 16 16

13

11

11 10 9

7 8

7

6

9 11 11 10 9 9 9 9

8

8 9 10 11 11 12 12 11 11 11

3 Mo Avg

9 10 10 c o l d w e l l b a n k e r h o m e s . c o m | 51