Community Information
Queen Anne ’ s
Community Information
Days On Market for Sold Properties |
3 Mo Avg |
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 73 , down 49.0 % from 143 days last month and down 87.1 % from 568 days in November of last year . The November 2016 DOM was at its lowest level compared with November of 2015 and 2014 . |
1,200
1,000
800
600
400
200
|
232 |
568 |
73 |
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 $ 235 was up from $ 0 last month and up 33.7 % from 176 in November 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 November 2016 Selling Price vs Original List Price of 91.2 % was down from 93.2 % last month and up from 69.6 % in November of last year .
600 550 500 450 400 350 300 250 200 150 100
0
120 % 100 % 80 % 60 % 40 % 20 %
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
3 Mo Avg
D J 13 14
339
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 |
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15 |
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16 |
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176
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
68.8 % 69.6 %
3 Mo Avg
235
91.2 %
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 November 2016 was 1 , down 80.0 % from 5 last month and down 50.0 % from 2 in November of last year .
90 80 70 60 50 40 30 20 10 0
0 %
49
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 Inventory / New Listings / Sales
47
D J 13 14
51 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
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 |
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15 |
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16 |
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59 54
44 c o l d w e l l b a n k e r h o m e s . c o m | 33