FL ARCHIVED July 2017 - Page 154

Market Action Report Stuart City: Stuart July 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 3 Mo Avg 140 The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward 120 trend in DOM tends to indicate a move towards more of a 100 Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for July was 77, down 9.4% from 85 days last month and down 3.8% from 80 days in July of last year. 80 The July 2017 DOM was at its lowest level compared with July of 60 2016 and 2015. 85 80 77 40 20 0 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 J J 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 July 2017 Selling Price per Square Foot of $170 was down 0.4% from $170 last month and up 3.8% from 164 in July of last year. 200 190 180 170 160 150 140 130 120 110 100 3 Mo Avg 170 164 141 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 J J 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 July 2017 Selling Price vs Original List Price of 91.7% was up from 91.5% last month and down from 92.3% in July of last year. 3 Mo Avg Avg Selling Price divided H]\[XH܈\Y\\[H[۝MIBM BLˌBLBLBLKBLBLIBL BIB BHHHHHHHHHHHHMMBMM’[[ܞH ]\[ [\’[[ܞH ]\[ [\  K K \\Y]وHX\]X[\[۝H[[ܞHق\Y\܈[H[ۙ]]\[[[\ˈHܘ\H\X[X[X\ۘ[]HوHX\]\[\B[][ۜ\]Y[\H][\ˈH\و]\[š[[H M\ M ۈ MHH M\[۝[ۂ HH [[Hو\YX\  HHHHHHHHHHHHMMBMM\Y0H[[\\Y[X[X[\]H [[\[]Y X[ܜXH[N[\H\\Έђ Hۂ]H\ݚYY\\HوܙX]\ܝ]Y\[HPSԔPSԈ\X][ۈوX\[[KZX[ZH\X][ۈوPSԔ^HܚYHY[ۘ[S\\\XH\وPSԔPSԔ\X][ۈوH[HXX\XH\\X][ۈوPSԔ™\\[܈X\[YHHX\XHو\[ܛX][ۋ]\H\ۜX[]Hو[H^Y\܈[\\YH[H[[[ܛX][ۈ[][Xۜ[Y\&\X[\]H[X[ۋMMHHHHH