FL ARCHIVED April 2017 | Page 48

Market Action Report April 2017

SIESTA KEY

Zip Code : 34242 - 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
$ 1,925,000
2 %
-2%
Average List Price of all Current Listings
$ 2,974,633
5 %
15 %
April Median Sales Price
$ 1,400,000
10 %
0 %
19 %
-5%
$ 1,400,000
6 %
-5%
April Average Sales Price
$ 1,806,385
33 %
9 %
15 %
-4%
$ 1,657,806
-11%
-12%
Total Properties Currently for Sale ( Inventory )
175
-1%
35 %
April Number of Properties Sold
13
117 %
86 %
31
11 %
April Average Days on Market ( Solds )
94
9 %
-20% -16% -29%
118
3 %
-11%
Asking Price per Square Foot ( based on New Listings )
$ 713
10 % -11% 36 %
4 %
$ 799
28 %
17 %
April Sold Price per Square Foot
$ 555
22 %
11 %
12 %
-1%
$ 502
-10%
-10%
April Month ' s Supply of Inventory
13.5 -54% -44% -28% -53%
24.8
44 %
-13%
April Sale Price vs List Price Ratio
89.7 % -4.7% -1.0% . 0 %
. 4 %
90.6 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
14
April Property sales were 13 , up 85.7 % from 7 in April of 2016
and 116.7 % higher than the 6 sales last month . April 2017 sales were at their highest level compared to April of 2016 and 2015 .
12
Number of Properties Sold
3 Mo Avg
Property
April YTD sales Sales of 31 are running 10.7 % ahead of last year ' s yearto-date Property sales of sales 28 . were 13 , up 85.7 % from 7 in April of 2016
April and 116.7 % higher than the 6 sales last month . April 2017 sales
10
14
8
12
were at their highest level compared to April of 2016 and 2015 .
April YTD sales of 31 are running 10.7 % ahead of last year ' s yearto-date
6
10
sales of 28 .
4
8
2
6
0
4
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
2
14
15
16
17
Prices
The Median Sales Price in April was $ 1,400,000 , up 19.0 % from
0
Median Sales Price and Average Sales Price
3 Mo Avg
$ 1,176,000 in April of 2016 and up 10.0 % from $ 1,272,500 last
3,500M
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
month . The Average Sales Price in April was $ 1,806,385 , up
14
15
16
17
Prices
14.9 % from $ 1,571,643 in April of 2016 and up 32.6 % from
The
$ 1,362,500 Median Sales last month
Price . in April April 2017 was ASP $ 1,400,000 was at a , mid up 19.0 range % from
$ compared
1,176,000 to in April April of of 2016 2016 and and 2015 up 10.0 .
% from $ 1,272,500 last
3,000
3,500
2,500
Median Sales Price and Average Sales Price
3 Mo Avg
month . The Average Sales Price in April was $ 1,806,385 , up
14.9 % from $ 1,571,643 in April of 2016 and up 32.6 % from
3,000
2,000
$ 1,362,500 last month . April 2017 ASP was at a mid range
compared to April of 2016 and 2015 .
2,500
1,500
8 3 4
Agent Name
Title Phone Website Other
6 7 9 7 4 5 3 5 2
8 3 4 6 7 9 7 4 5 3 5 2 10 11 6 9 9 4 6 8 6 6 9 7 8 2 5
10 11 6 9 9 4 6 8 6 6 9 7 8 2 5
12
12 5 3 2 5 6 6 6
5 3 2 5 6 6 6
13
13
2,000 1,000
1,500
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 175 , down 0.6 % from 176 last month and up 34.6 % from 130 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 175 , down 0.6 % from 176 last month and up 34.6 % from 130 in April of last year . April 2017 Inventory was at its highest level A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 13.5 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 13.5 months was at its lowest level compared with April of 2016 and 2015 .
1,000
200 100
150
1000
50
Total Inventory & Month ' s Supply of Inventory ( MSI )
M 14
J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J
J
A S O N D
J 17
118 118
110 110
98 98
96 96
94 94
Total Inventory & Month ' s Supply of Inventory ( MSI )
93 93
95 95
97 97
106
106 122 125 119 107 98 91 82 83 87 95 93 105 116 122 130 125 130
118 107 102
121
136 152 161 178 176
F M A 80.0
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 .
48 | coldwellbankerluxury . com
200
150
M
14
122 125 119 107 98
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
15
16
91 82 83 87 95 93 105 116 122 130 125 130
118 107 102
121
136 152 161
J A S O N D J
17
178 176 175 175
F M A
70.0 60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0 40.0 30.0 20.0 10.0 0.0