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 up from 0 days in May of last year . The May 2016 DOM was at its lowest level compared with May of 2015 and 2014 .

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 up from 0.0 % last month and up from 0.0 % 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 0 , down 100.0 % from 1 last month and down 100.0 % from 1 in May of last year .

450 400 350 300 250 200 150 100 50 0

90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % 10 %

Days On Market for Sold Properties

Selling Price versus Listing Price Ratio

8 7 6 5 4 3 2 1 0

2 2

5

6

5 5 5

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

5

4 4 4

3

4 5 5

4 4

5

6

5 5 5

6

7

5 5 5

4

3 3 3 3

3 Mo Avg

3 Mo Avg

3 3 3 3 c o l d w e l l b a n k e r h o m e s . c o m | 35