MA ARCHIVED September 2016 | Page 23

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 September was 0 , up from 0 days last month and down 100.0 % from 99 days in September of last year . The September 2016 DOM was at a mid level compared with September of 2015 and 2014 .
600
500
400
300
200
Days On Market for Sold Properties
3 Mo Avg
100
99
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 September 2016 Selling Price per Square Foot of $ 0 was up from $ 0 last month and up from 0 in September of last year .
0
350
300
250
200
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 J
J
A S
13
14
15
16
Selling Price per Square Foot
3 Mo Avg
150
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 September 2016 Selling Price vs Original List Price of 0.0 % was up from 0.0 % last month and down from 159.5 % in September 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 September 2016 was 3 , up from 0 last month and up from 0 in September of last year .
100
200 % 180 % 160 % 140 % 120 % 100 % 80 % 60 % 40 % 20 % 0 %
20 18 16 14 12 10 8 6 4 2 0
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 J
J
A S
13
14
15
16
Selling Price versus Listing Price Ratio
159.5 %
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 J
J
A S
13
14
15
16
Inventory / New Listings / Sales
13 13
12
11 10 10 10
Avg Selling Price divided by Avg Listing Price for sold properties during the month
11 11 11 11
14 15
13
9
8 10 10
11 12
17
14 14 14
11 10 10 10 11 11 11 11
3 Mo Avg
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 J
J
A
S
13
14
15
16
14 17
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