Market Action Report April 2017
ST . ARMANDS
City : Sarasota
Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
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 |
$ 1,795,000 |
-0% |
|
-4% |
|
|
|
|
Average List Price of all Current Listings |
$ 2,493,618 |
1 % |
|
5 % |
|
|
|
|
April Median Sales Price |
$ 1,525,000 |
2 % |
2 % |
13 % |
-6% |
$ 1,500,000 |
0 % |
-7% |
April Average Sales Price |
$ 1,990,466 |
1 % |
6 % |
29 % |
2 % |
$ 1,885,091 |
-1% |
-3% |
Total Properties Currently for Sale ( Inventory ) |
488 |
-4% |
|
16 % |
|
|
|
|
April Number of Properties Sold |
33 |
3 % |
|
43 % |
|
120 |
18 % |
|
April Average Days on Market ( Solds ) |
163 |
15 % |
17 % |
12 % |
29 % |
139 |
26 % |
10 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 634 |
7 % |
0 % |
4 % |
4 % |
$ 632 |
7 % |
4 % |
April Sold Price per Square Foot |
$ 577 |
12 % |
6 % |
20 % |
5 % |
$ 543 |
-2% |
-2% |
April Month ' s Supply of Inventory |
14.8 |
-7% -14% -19% -20% |
16.8 |
-1% |
-10% |
April Sale Price vs List Price Ratio |
86.6 % -1.7% -4.5% -6.6% -5.9% |
90.7 % |
-2% |
-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 33 , up 43.5 % from 23 in April of 2016 and 3.1 % higher than the 32 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . Property April YTD sales Sales of 120 are running 17.6 % ahead of last year ' s April year-to-date Property sales sales of were 102 . 33 , up 43.5 % from 23 in April of 2016 and 3.1 % higher than the 32 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 . April YTD sales of 120 are running 17.6 % ahead of last year ' s year-to-date sales of 102 .
Prices The Median Sales Price in April was $ 1,525,000 , up 13.0 % from $ 1,350,000 in April of 2016 and up 1.7 % from $ 1,500,000 last month . The Average Sales Price in April was $ 1,990,466 , up
Prices 29.5 % from $ 1,537,103 in April of 2016 and up 0.7 % from The $ 1,977,125
Median last Sales month Price
. in April
April 2017 was ASP $ 1,525,000 was at the , up highest
13.0 % level from
$ compared 1,350,000 to in April April of of 2016 2016 and and 2015 up 1.7 .
% from $ 1,500,000 last month . The Average Sales Price in April was $ 1,990,466 , up 29.5 % from $ 1,537,103 in April of 2016 and up 0.7 % from $ 1,977,125 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 488 , down 4.3 % from 510 last month and up 15.6 % from 422 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 488 , down 4.3 % from 510 last month and up 15.6 % from 422 in April of last year . April 2017 Inventory was at its highest A comparatively lower MSI is more beneficial for sellers while a level compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 14.8 months was at its lowest 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 14.8 months was at its lowest level compared with April of 2016 and 2015 .
35 |
|
|
30 |
Number of Properties Sold |
3 Mo Avg |
|
40
25
|
|
|
|
35
20
|
|
|
|
30
15
|
|
|
|
25
10
|
|
|
|
20
5
|
|
|
|
15
0
|
|
|
10 |
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 |
|
5
0
|
14 |
15
16
Median Sales Price and Average Sales Price
|
17
3 Mo Avg
|
2,400M |
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
2,200
|
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
2,000
2,400
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
1,800 |
|
|
2,200 |
|
|
1,600 |
|
|
2,000 |
|
|
1,400 |
|
|
1,800 |
|
|
1,200 |
|
|
1,600 |
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 |
1,400 |
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
17 |
|
27
27 27 20 19 17 28 18 18 14 14 29 21 37 38 23 30 26 15 26 23 17 26 36 23 34 20 15 26 16 20 16 23 30 25 32 33
1,200 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
600 |
M
14
|
J |
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
35.0
17
|
500 |
|
|
|
|
|
|
|
30.0 |
400 |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
25.0 |
|
600
300
500
200
400
100
3000
200
|
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
|
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
0.0
15.0
10.0
|
100 |
|
|
|
|
5.0 |
354 27 339
20 328
Agent Name
Title Phone Website Other
19 323
17 299
28 315
18 331
18 329
14 366
0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J and J Up A | SProperty O NTypes D : JSFH F - MConA M J J A S O N D J F M A M J J A S O N D J F M A Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 14 Association of REALTORS , 15 My Florida Regional MLS , Naples Area Board of 16 REALTORS , REALTORS Association of the Palm 17 Beaches , Space Coast Association of REAL does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
46 | coldwellbankerluxury . com
40
354 339 328 323 299 315 331 329
366
14 388 388
29 383 383
21
357
Number of Properties Sold
37
357 334
334 318
38
318 307 307
23 290 290
30 306 306
26 312 312
15 345 345
26 354 354
23 380 380
17 405 405
26 419 419
36 422 422
23 406 406
34 398 398
20 380 380
15 368 368
26
342 342
16
371 371
20
403 403
428 16
428 469 469
23 517 517
30 510 510
3 Mo Avg
25 488
488 32 33