FL ARCHIVED July 2017 | Page 154

Stuart Community Information | School District

Stuart Community Information | School District

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 July was 77 , down 9.4 % from 85 days last month and down 3.8 % from 80 days in July of last year . The July 2017 DOM was at its lowest level compared with July of 2016 and 2015 .
140 120 100 80 60
85
80
77
40
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 July 2017 Selling Price per Square Foot of $ 170 was down 0.4 % from $ 170 last month and up 3.8 % from 164 in July 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 July 2017 Selling Price vs Original List Price of 91.7 % was up from 91.5 % last month and down from 92.3 % in July of last year .
0
200 190 180 170 160 150 140 130 120 110 100
95 % 94 % 93 % 92 % 91 % 90 % 89 %
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 D
J
F M A M J
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
141
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 D
J
F M A M J
14
15
16
17
164
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
93.2 % 92.3 %
3 Mo Avg
J
170
J
91.7 %
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 July 2017 was 214 , down 16.7 % from 257 last month and down 4.0 % from 223 in July of last year .
88 %
1,200
1,000 800 600
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 D
J
F M A M J
14
15
16
17
Inventory / New Listings / Sales
1,036 1,011 1,027 1,012 972 984 968 918 880 805 779 769 747 784 844 858 829 913 941 955 956 909 877 900 880 895 949 954 935 1,006 1,017 979 977 938 888
J
829
400 200
0
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 D
J
F M A M J
14
15
16
17
J
154 | c o l d w e l l b a n k e r h o m e s . c o m