FL ARCHIVED April 2017 | Page 158

St . Lucie County Community Information | School District

St . Lucie County Community Information | School District

Days On Market for Sold Properties
3 Mo Avg
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 April was 134 , up 688.2 % from 17 days last month and up 50.6 % from 89 days in April of last year . The April 2017 DOM was at a mid level compared with April of 2016 and 2015 .
350 300 250 200 150 100
89
134
50
24
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 April 2017 Selling Price per Square Foot of $ 100 was down 2.9 % from $ 103 last month and down 11.7 % from 113 in April 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 April 2017 Selling Price vs Original List Price of 90.8 % was down from 108.8 % last month and down from 96.4 % in April of last year .
0
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 N D
J
F M A
14
15
16
17
Selling Price per Square Foot
3 Mo Avg
150 140 130 120 110 100 90 80 70 60 50
120 % 100 % 80 % 60 % 40 % 20 %
65
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 N D
J
F M A
14
15
16
17
113
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
96.1 % 96.4 %
3 Mo Avg
100
90.8 %
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 April 2017 was 8 , down 33.3 % from 12 last month and down 20.0 % from 10 in April of last year .
0 % 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 N D J F M A 14
15 16
17
Inventory / New Listings / Sales
40 35 30 25 20 15 10 5 0 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 N D J F M A 14
15 16
17
10 13
15 20
22
24 26 25
31 29 29
25 31 31 30
32
29 31
29
26 28
32
29 29
25 27
29 34
38
35 33 34
27 26
32
28
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