FL ARCHIVED September 2017 | Page 154

Market Action Report
St. Lucie County
County: St Lucie
September 2017
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
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 67, up 13.6% from
59 days last month and down 53.1% from 143 days in September
of last year. The September 2017 DOM was at a mid level
compared with September of 2016 and 2015.
3 Mo Avg
350
300
250
200
143
150
100
67
54
50
0
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Selling Price per Square Foot
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 $91 was
down 16.6% from $109 last month and up 0.5% from 90 in
September of last year.
3 Mo Avg
190
170
150
130
106
110
91
90
90
70
50
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
120%
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 100%
of a Seller's market. The September 2017 Selling Price vs
80%
Original List Price of 88.2% was down from 92.3% last month
and down from 97.7% in September of last year.
60%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100.3%
97.7%
88.2%
40%
20%
0%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
30
20
40
50
60
70
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 14, down 33.3% from 21 last
month and down 12.5% from 16 in September of last year.
10
0
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Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALTO
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
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