FL ARCHIVED September 2017 | Page 152

Stuart Community Information | School District

Stuart 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 88 , down 2.2 % from 90 days last month and down 12.0 % from 100 days in September of last year . The September 2017 DOM was at a mid level compared with September of 2016 and 2015 .
140 120 100 80 60 40
Days On Market for Sold Properties
87
100
3 Mo Avg
88
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 September 2017 Selling Price per Square Foot of $ 169 was up 0.5 % from $ 168 last month and up 9.1 % from 155 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 %
of a Seller ' s market . The September 2017 Selling Price vs
93 %
Original List Price of 93.1 % was down from 93.6 % last month and up from 92.1 % in September of last year .
92 %
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 136 , down 44.3 % from 244 last month and down 29.9 % from 194 in September of last year .
0
200 190 180 170 160 150 140 130 120 110 100
91 % 90 % 89 % 88 %
1,200
1,000 800 600 400 200
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
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
136
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
14
15
16
17
155
Selling Price versus Listing Price Ratio
92.6 %
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
14
15
16
17
Inventory / New Listings / Sales
1,027 1,012 972 984 968 918
Avg Selling Price divided by Avg Listing Price for sold properties during the month
880 805 779 769 746 783 843 857 827 912 940 953 954 907 873 896 874
92.1 %
890 943 946 924 994 1,001 959 950 915
3 Mo Avg
882 820
768
169
93.1 %
732
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
14
15
16
17
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