Community Information
Dorchester
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 May was 0 , up from 0 days last month and down 100.0 % from 474 days in May of last year . The May 2016 DOM was at a mid level compared with May of 2015 and 2014 .
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 May 2016 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in May of last year .
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 May 2016 Selling Price vs Original List Price of 0.0 % was down from 92.2 % last month and down from 80.0 % in May 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 May 2016 was 1 , down 50.0 % from 2 last month and equal to 1 in May of last year .
Days On Market for Sold Properties
900 |
798 |
800 |
700 |
600 |
500 |
474 |
400 |
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300 |
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200 |
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100 |
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0 |
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-100 |
J
13
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J |
A |
S |
O N D
J
F M A M J
14
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J |
A |
S |
O N D
J
F M A M J
15
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J |
A |
S |
O N D
J
F M A M
16
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Selling Price per Square Foot |
3 Mo Avg |
450 445 440 435 430 425 420 415 410 405 400
100 % 90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % 10 % 0 %
16 14 12 10 8 6 4 2 0
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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 M A M |
13 |
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14 |
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15 |
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16 |
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11
Selling Price versus Listing Price Ratio
59.1 %
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 M A M |
13 |
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14 |
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15 |
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16 |
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Inventory / New Listings / Sales |
12 12 12
11 11 11
Avg Selling Price divided by Avg Listing Price for sold properties during the month
10 10
9 11
12
10
9 9 9
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 M A M |
13 |
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14 |
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15 |
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16 |
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7 7 7 7
8 10
80.0 %
8 8
9
8
6 6
5 8 8
9
3 Mo Avg
3 Mo Avg
11 13
14
13 c o l d w e l l b a n k e r h o m e s . c o m | 19