FL ARCHIVED March 2017 | Page 158

Market Action Report St. Lucie County County: St Lucie March 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 March was 17, down 72.1% from 61 days last month and down 94.7% from 322 days in March of last year. The March 2017 DOM was at its lowest level compared with March of 2016 and 2015. 350 3 Mo Avg 322 300 250 200 150 84 100 50 17 0 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 F M 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 no