MA ARCHIVED November 2016 | Page 13

Market Action Report November 2016 Carroll County: Carroll Agent Name Title Phone Website Other Community Information Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties 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 November was 0, down 100.0% from 12 days last month and up from 0 days in November of last year. The November 2016 DOM was at its lowest level compared with November of 2015 and 2014. 3 Mo Avg 600 500 400 300 200 100 0 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 J J A S O N 13 14 15 16 Selling Price per Square Foot 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 November 2016 Selling Price per Square Foot of $0 was up from $0 last month and up from 0 in November of last year. 3 Mo Avg 950 850 750 650 550 450 350 250 150 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 J J A S O N 13 14 15 16 Selling Price versus Listing Price Ratio 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