Martin County Community Information | School District
Martin County Community Information | School District
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 85 , down 2.3 % from 87 days last month and down 2.3 % from 87 days in September of last year . The September 2017 DOM was at its lowest level compared with September of 2016 and 2015 .
140 120 100 80 60 40 20
Days On Market for Sold Properties
3 Mo Avg
95 87 85
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 2017 Selling Price per Square Foot of $ 171 was down 5.9 % from $ 182 last month and up 7.8 % from 159 in September 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 |
95 % |
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 |
94 % |
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of a Seller ' s market . The September 2017 Selling Price vs
Original List Price of 93.0 % was down from 93.9 % last month
|
93 % |
and down from 93.7 % in September of last year . |
92 % |
0
200 190 180 170 160 150 140 130 120 110 100
91 % 90 %
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14 |
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15 |
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16 |
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17 |
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Selling Price per Square Foot |
3 Mo Avg |
155
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14 |
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17 |
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159
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
92.9 %
93.7 %
3 Mo Avg
171
93.0 %
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 2017 was 278 , down 48.1 % from 536 last month and down 36.7 % from 439 in September of last year .
89 %
2,500
2,000
1,500
1,000
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14 |
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17 |
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Inventory / New Listings / Sales |
2,253 2,228 2,169 2,242 2,260 2,143 2,062 1,927 1,863 1,841 1,794 1,806 1,916 1,898 1,855 2,023 2,097 2,071 2,069 1,977 1,887 1,892 1,856 1,888 1,950 1,991 1,971 2,127 2,137 2,125 2,032 1,936 1,947
1,840 1,697
1,588
500
0
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14 |
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150 | c o l d w e l l b a n k e r h o m e s . c o m