Port St . Lucie Community Information | School District
Port St . Lucie 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 October was 32 , up from 0 days last month and down 8.6 % from 35 days in October of last year . The October 2017 DOM was at its lowest level compared with October of 2016 and 2015 .
250
200
150
100
Days On Market for Sold Properties
112
3 Mo Avg
50 35 32
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 October 2017 Selling Price per Square Foot of $ 111 was up from $ 0 last month and up 7.6 % from 104 in October 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 October 2017 Selling Price vs Original List Price of 97.5 % was up from 0.0 % last month and equal to 97.5 % in October of last year .
0
150 140 130 120 110 100 90 80 70 60 50
120 % 100 % 80 % 60 % 40 % 20 %
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 O |
14 |
|
15 |
|
|
|
|
16 |
|
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|
17 |
|
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Selling Price per Square Foot |
3 Mo Avg |
98
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 O |
14 |
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
|
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|
104
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
82.4 %
3 Mo Avg
111
97.5 % 97.5 %
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 October 2017 was 14 , up 16.7 % from 12 last month and up 100.0 % from 7 in October of last year .
70 60 50 40 30
0 %
59
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 O |
14 |
|
15 |
|
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16 |
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17 |
|
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|
Inventory / New Listings / Sales |
56 63
54 59
54
49
43 45 47 44 43 44
52 59
62
53 52 51 52 51 51
47 45 43
38 40
34 39 41
46
41
45 54 54
61
20 10 0
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 O |
14 |
|
15 |
|
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|
16 |
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17 |
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156 | c o l d w e l l b a n k e r h o m e s . c o m