Market Action Report
Stuart
City: Stuart
May 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 May was 98, up 24.1% from 79
days last month and down 2.0% from 100 days in May of last
year. The May 2017 DOM was at its lowest level compared with
May of 2016 and 2015.
3 Mo Avg
140
120
100
99
100
98
80
60
40
20
0
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 O N D J F M A M
14
15
16
17
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 May 2017 Selling Price per Square Foot of $166 was up 2.1%
from $162 last month and up 3.3% from 160 in May of last year.
200
190
180
170
160
150
140
130
120
110
100
3 Mo Avg
166
160
139
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 O N D J F M A M
14
15
16
17
Selling Price versus Listing Price Ratio
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 May 2017 Selling Price vs Original List
Price of 91.5% was down from 92.8% last month and down from
93.0% in May of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
95%
94%
93.0%
93%
92%
91.5%
91.4%
91%
9