FL ARCHIVED December 2017 | Page 208
Market Action Report
Navarre
City: Navarre
December 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 December was 57, up 5.6% from
54 days last month and down 34.5% from 87 days in December
of last year. The December 2017 DOM was at its lowest level
compared with December of 2016 and 2015.
3 Mo Avg
160
140
120
97
100
87
80
57
60
40
20
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 December 2017 Selling Price per Square Foot of $132 was
up 1.0% from $130 last month and up 4.2% from 126 in
December of last year.
150
145
140
135
130
125
120
115
110
105
100
3 Mo Avg
132
126
113
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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
100%
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of 99%
a Buyer's market exists, a ratio at or above 100% indicates more
98%
of a Seller's market. The December 2017 Selling Price vs
Original List Price of 98.1% was down from 98.3% last month
97%
and down from 98.4% in December of last year.
96%
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98.4%
98.1%
96.1%
95%
94%
93%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
200
300
400
500
600
700
800
900
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 December 2017 was 112, down 33.3% from 168 last
month and up 25.8% from 89 in December of last year.
100
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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