FL ARCHIVED April 2017 - Page 64

St. Armands 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 64 | 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 St. Armands 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 Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales Trending versus*: YTD Prior YTD 8% Prior Year $271,750 5% 9% $398,722 $271,750 2,056 8% $398,722 8% 10% 78 2% 6% -7% -.7% $244 2,056 -1% $209 78 24% 5.7 $244 5% 93.4% 8% 5% 6% -1% 5% 24% 6% 5% 8% 11% 15% 5% -1% 11% 5% 6% 17% -1% $209 2% 0% 10% 6% $209 8% 6% 4.5 -0% -13% 6% -7% 5.7 15% 17% of 93.4% Properties 93.2% -.4% -.2% -.9% Number -.7% -1% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 700 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 600 Property sales were Sales at their lowest level compared to April of 2016 and 700 April Property sales sales were of 578, down from 1.2% 593 in behind April of last 500 2015. April YTD 2,056 are 2.5% running 2016 and 9.5% lower than 639 sales last month. 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