Stuart Community Information | School District
Stuart 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 February was 93 , up 10.7 % from 84 days last month and down 4.1 % from 97 days in February of last year . The February 2017 DOM was at its lowest level compared with February of 2016 and 2015 . |
140 120 100 80 60 |
116 |
97 |
93 |
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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 February 2017 Selling Price per Square Foot of $ 149 was down 10.1 % from $ 166 last month and down 12.4 % from 170 in February 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 February 2017 Selling Price vs Original List Price of 93.8 % was up from 93.3 % last month and up from 91.8 % in February of last year .
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Selling Price per Square Foot |
3 Mo Avg |
200 190 180 170 160 150 140 130 120 110 100
95 % 94 % 93 % 92 % 91 % 90 % 89 %
138
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170
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
91.8 % 91.8 %
3 Mo Avg
149
93.8 %
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 February 2017 was 262 , down 22.5 % from 338 last month and up 4.4 % from 251 in February of last year .
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Inventory / New Listings / Sales |
1,400 1,200 1,000 800 600
1,230 1,209 1,177 1,126 1,090 1,036 1,011 1,027 1,012 972 984 968 918 879 804 778 768 745 782 842 856 825 908 936 950 950 901 864 886 859 871 924 920 886 924 927
400 200
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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