FL ARCHIVED April 2017 - Page 62

Sarasota Community Information | School District Trending versus*: Trending versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $399,999 0% 3% Average List Price of all Current Listings $787,046 4% 10% April Median Sales Price $271,750 1% 0% 5% 5% $271,750 8% 5% April Average Sales Price $408,021 7% 2% 19% 9% $398,722 8% 6% Total Properties Currently for Sale (Inventory) 2,629 -10% 4% April Number of Properties Sold 578 -10% -3% 2,056 -1% April Average Days on Market (Solds) 77 0% -1% 17% 10% 78 24% 11% Asking Price per Square Foot (based on New Listings) $238 -1% -2% 4% 2% $244 5% 5% April Sold Price per Square Foot $209 2% 0% 10% 6% $209 8% 6% April Month's Supply of Inventory 4.5 -0% -13% 6% -7% 5.7 15% 17% April Sale Price vs List Price Ratio 93.2% -.4% -.2% -.9% -.7% 93.4% -1% -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales April Property sales were 578, down 2.5% from 593 in April of 2016 and 9.5% lower than the 639 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 2,056 are running 1.2% behind last year's year-to-date sales of 2,080. 700 600 500 400 Number of Properties Sold 3 Mo Avg 300 200 Prices The Median Sales Price in April was $271,750, up 4.6% from $259,900 in April of 2016 and up 1.0% from $269,000 last month. The Average Sales Price in April was $408,021, up 18.6% from $344,075 in April of 2016 and up 7.0% from $381,188 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 100 0 450 400 350 300 585 580 494 515 467 564 390 494 404 439 629 648 627 658 644 537 522 493 422 497 403 457 627 593 615 607 490 517 476 464 430 484 391 448 639 578 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 Median Sales Price and Average Sales Price 3 Mo Avg 250 200 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 & MSI The Total Inventory of Properties available for sale as of April was 2,629, down 9.8% from 2,915 last month and up 3.7% from 2,535 in April of last year. April 2017 Inventory was at its highest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 4.5 months was at its highest level compared with April of 2016 and 2015. 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Total Inventory & Month's Supply of Inventory (MSI) 2,423 2,289 2,219 2,115 2,018 2,049 2,099 2,146 2,367 2,413 2,372 2,224 2,023 1,937 1,882 1,849 1,874 1,978 2,128 2,156 2,372 2,523 2,570 2,535 2,409 2,425 2,395 2,361 2,305 2,413 2,523 2,603 2,802 2,927 2,915 2,629 M J 14 J A S O N D J F M A M J 15 J A S O N D J F M A M J 16 J A S O N D J F M A 17 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 62 | c o l d w e l l b a n k e r h o m e s.c o m Market Action Report City: Sarasota Sarasota Agent Name Market Action Report City: Sarasota April 2017 Title Phone Agent Name Website Other Title April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $399,999 0% 3% Other $787,046 Trending 4% versus*: 10% Month LM 1% L3M 0% PYM 5% LY $271,750 $399,999 0% 7% 2% 3% 19% $408,021 $787,046 2,629 4% -10% 10% 4% $271,750 578 1% -10% 0% 5% -3% 5% $408,021 7% 2% 19% 9% 77 0% -1% 17% 2,629 -10% 4% $238 -1% -2% 4% 578 -10% -3% $209 2% 0% 10% 77 0% -1% 17% 10% 4.5 -0% -13% 6% $238 -1% -2% 4% 2% 93.2% -.4% -.2% -.9% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Proper ѥ) ɕѱ)ȁ1ѥ)M%ٕѽ)ɥ)M)Aɥ)ɥ5)9յ)Aɽѥ)M)ɥٕɅḾAɥ)ɥٕɅ́5ɭЀM̤)QхAɽѥ́ ɕѱ䁙ȁM%ٕѽ)ͭAɥȁMՅɔЀ͕9܁1ѥ̤)ɥ9յȁAɽѥ́M)ɥMAɥȁMՅɔ)ɥٕɅ́5ɭЀM̤)ɥ5Ѡ́M䁽%ٕѽ)ͭAɥȁMՅɔЀ͕9܁1ѥ̤)ɥMAɥ́1ЁAɥIѥ)ɥMAɥȁMՅɔ)ɥMAɥ́1ЁAɥIѥ(141)5Ѡ041(́5ѡ̀Ae4M5ѠAɥȁeȀ1d1ЁeȀؤeQeȵѼє)Aɽ)M)Qɕ̨ٕ)eQ)AɥȁeQ)Aɥȁe(İ(Ԕ(((İȰ((((((Ȕ(ؔ(ܔ(ܔ((Ȱ(Ĕ(((Д(Ը((Ԕ(̸Д(Ԕ(ؔ(ĔԔ(Дؔ(Ԕ((Ĕ(Ԕ(Ԕ(ĔĔ(Ԕ(ؔ(ܔ(Ĕ(Ȕؔ(((ؔ(иԀ̔ؔܔ(Ը(Ԕ(ܔ)̸Д)Aɽѥ(̸ȔДȔ䔁9յ(ܔ(ĔMĔ(141Ё5Ѡ041Ѐ́5ѡ̀Ae4M5ѠAɥȁeȀ1d1ЁeȀؤeQeȵѼє)ɥ5Ѡ́M䁽%ٕѽ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ(́5ٜ()ɥAɽ́ͅݕɔఁݸȸԔɽ́ɥ(؁Ԕݕȁѡѡ́ͅЁѠɥ()Aɽ)́ͅݕɔM)ЁѡȁݕЁٕɕѼɥ؁)ɥ)Aɽ)́ͅͅ)ݕɔ()ݸ)ɽĸȔ(́)ɥ((Ը)ɥeQ(Ȱ)ɔȸԔ)չ()(Ԕݕȁѡ(́ͅЁѠɥ()啅ȝ)啅ȵѼє)́ͅѡ)Ȱ()́ͅݕɔЁѡȁݕЁٕɕѼɥ؁)Aɥ((()4((L<8(44((L<8(44((L<8(4(ԁ4((L<8(4)4(Ё(L<8(4)4((L<8(4(((()%ٕѽ䀘5M$)Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$)Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$(Ȱ(Ȱ(Ȱ(İ)Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡİ)İ))Ʌѥٕ)ݕȁ5M$)́ɔQ))͕)5M$́ѕ)ȁ̸)ɥ()5M$ݡ)иԁİ())5M$)́ѕ)ȁ̸)ɥ)5M$)и)ѡ)݅)Ё́)ٕQ)ɕ)ݥѠ)ɥ)؁(ȁ((́5ٜ()QQх%ٕѽ)%ٕѽ(5M$Aɽѥ́مȁ́ͅɥ)݅́Qх(Ȱ)ݸ)ɽȰ)ЁѠ)(̸ܔɽ̰)Q)%ٕѽ)Aɽѥ)م)ȁͅ)́)ɥ(̰̰(Ȱ)ɥ)Ёɽ)啅ȸȰ)ɥ()%ٕѽ)Ёɽ))݅(Ȱ)ݸ)Ѡ)݅(̸ܔ(Ȱ)ɥ)Ё啅ȸݥѠ)ɥɥ(܁)%ٕѽ)݅)Ё))ٕɕ(؁(Ը(̰Ȱ)ѡ(Ը݅́Ё́ЁٕɕݥѠɥ؁(Ը(((()ЁٕɕݥѠɥ؁Ը()5ḾAɥٕɅḾAɥ((((ܸ(ظ(Ը(и(̸(ȸ(ĸ((()Q5ḾAɥɥ݅̀İиؔɽ()Aɥ(ɥ؁ĸɽ)Q)5)M)AɥM)ɥ)݅́(İ)İ(иؔɽ)Ѡ)Q)ٕɅ)Aɥ)ɥ݅(()ɥ))ĸ)ɽ)(ؔɽ(а))ɥ())ܸɽ)Ѡ)Q)ٕɅ)M)Aɥ)ɥ)ٕ(İ)Ѡ)ɥ()M@݅)݅̀İ)Ёѡ((ؔ)ɽа)ɥ))ܸɽ)ɕ)Ѽɥ(Ը()4((L<8(44((L<8(44((L<8(4(((()4((L<8(5)44(M)(LAɥ)<8)(ٕɅ)44(M)(LAɥ)<8(4(́5ٜ((İЁѠɥ܁M@݅́ЁѡЁٕ)ɕѼɥ؁Ը(((((((́5ٜ((((ԸɥeQ́ͅȰ؁ɔչĸȔ)啅ȝ́啅ȵѼє́ͅȰ)9յȁAɽѥ́M(((ܸ(ظ(Ը(и(̸(ȸ(ĸ()4((L<8(44((L<8(44((L<8(4)4((L<8(44((L<8(44((L<8(4((((((((() ɥ+ ݕ) ȁIͥѥ)Iхє( ݕ )Uѕ)Iѽ́I)AɥI)Aɽ)Q)M ) ɥ+ ݕ) ) ݕ)Iѽ)Aɽ)QM ( ))Iͥѥ)܁I)хє))ȁ )Uѕ))Aɥ))ф)ɽ٥)ѕ)ɕѕ)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ)5ͽѥ)I1Q=IL)ɥ51L)I)51L) ɐI1Q=IL)I1Q=ILͽѥ)ѡA) ̰)M )ͼ)ф)́)ɽ٥)ѕ)ɕѕ)Ё)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ) չ䰁 չ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐɕ)I1Q=IL)I1Q=ILͽѥ)ѡA ̰)M) Ёͽѥ)I0))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)хєɅͅѥ))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁽))͕ȁȁѼ͕)ٕɥѼ))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɕ)Ʌͅѥ