Harford Community Information
Harford 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 November was 50 , down 2.0 % from 51 days last month and down 27.5 % from 69 days in November of last year . The November 2017 DOM was at its lowest level compared with November of 2016 and 2015 . |
120
100
80
60
40
|
Days On Market for Sold Properties
90
69
|
3 Mo Avg
50
|
|
20 |
|
|
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 2017 Selling Price per Square Foot of $ 137 was down 5.7 % from $ 145 last month and up 2.0 % from 134 in November of last year .
0
150 145 140 135 130 125 120 115 110 105 100
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 |
100 % |
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 |
98 % |
|
of a Seller ' s market . The November 2017 Selling Price vs
Original List Price of 96.5 % was down from 97.6 % last month
|
96 % |
and up from 94.9 % in November of last year . |
94 % |
92 % 90 %
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 14 15
16 17
Selling Price per Square Foot
3 Mo Avg
D J 14 15
125
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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16 |
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|
|
17 |
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|
|
134
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.6 %
94.9 %
3 Mo Avg
137
96.5 %
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 2017 was 220 , down 25.7 % from 296 last month and down 0.5 % from 221 in November of last year .
88 %
1,400 1,200 1,000 800 600 400 200
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 14 15
16
17 Inventory / New Listings / Sales
1,025
975
D J
14 15
971 1,031
1,152 1,219 1,255 1,222 1,204 1,165 1,119 1,044 943 906 900 968 1,018 1,049 1,052 1,042
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 |
|
|
|
16 |
|
|
|
17 |
|
|
|
986 985 949
872 757 727 722 762 786 814 848 844 798 828 769
660 c o l d w e l l b a n k e r h o m e s . c o m | 23