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 January was 75 , down 9.6 % from 83 days last month and up 4.2 % from 72 days in January of last year . The January 2017 DOM was at a mid level compared with January of 2016 and 2015 .
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 January 2017 Selling Price per Square Foot of $ 117 was up 2.2 % from $ 114 last month and up 13.4 % from 103 in January 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 January 2017 Selling Price vs Original List Price of 95.6 % was up from 95.4 % last month and equal to 95.6 % in January of last year .
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 January 2017 was 639 , up 45.2 % from 440 last month and down 1.8 % from 651 in January of last year .
Days On Market for Sold Properties
100 |
90 |
81 |
80 |
72 |
75 |
70 |
|
|
60 |
|
|
50 |
|
|
40 |
|
|
30 |
|
|
20 |
|
|
10 |
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|
0 |
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|
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 N D |
J |
14 |
|
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|
|
15 |
|
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|
|
16 |
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|
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17 |
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 %
86
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 N D |
J |
14 |
|
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|
15 |
|
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|
16 |
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17 |
103
Selling Price versus Listing Price Ratio
95.0 %
117
95.6 % 95.6 %
90 % |
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 N D |
J |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
Inventory / New Listings / Sales |
2,500
2,000
1,500
1,000
500
2,356 2,292 2,213 2,104 2,069 1,972
Avg Selling Price divided by Avg Listing Price for sold properties during the month
1,893 2,025 1,977 1,878 1,797 1,936 1,968 1,853 1,803 1,760 1,763 1,764 1,722 1,725 1,761 1,807
1,700 1,874 1,974 1,910 1,897 1,745 1,691 1,617 1,653 1,738
3 Mo Avg
3 Mo Avg
1,628 1,646 1,556 1,599
0
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 N D |
J |
14 |
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|
15 |
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|
16 |
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17 |
160 | c o l d w e l l b a n k e r h o m e s . c o m