FL ARCHIVED December 2017 | Page 42

Market Action Report
December 2017
Zip Code: 34242 - Sarasota
SIESTA
Market Action KEY
Report
Agent Name
December 2017
Title
Phone Name
Agent
Website
Title
Other
Phone
Trending versus*:
Website LM L3M PYM LY
Month
Other 1%
$1,771,900
-1%
Zip Code: 34242
- Sarasota | School District
Community
Information
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Listings
Price
Range: $1,000,000
and Up of
| Properties:
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,838,684 6% Trending versus*:
3%
Month -12%
LM L3M
LY
YTD
Prior
YTD Prior
$1,782,500
-2% PYM
49% 21%
$1,375,000
-6%
-6% Year
$1,771,900
1%
-1%
$1,901,875 -33% -9% 8% 1% $1,815,253
-4%
-4%
Average
List Price Currently
of all Current
Listings
$2,838,684
3%
Total Properties
for Sale
(Inventory)
118 6%
0%
-21%
December
Price
$1,782,500 8 -12%
-6%
-6%
December Median
Number Sales
of Properties
Sold
0% -2% 49%
60% 21% $1,375,000
93
33%
December
$1,901,875
8% 102%
1% $1,815,253
-4%
-4%
December Average
Average Sales
Days Price
on Market (Solds)
267 -33%
-7% -9%
24% 114%
190
45%
44%
Total
Properties
for Sale
(Inventory)
118 23%
0% -5% -21%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$676
17% 0%
$713
13%
6%
December
of Properties
0% 71% 169%
60% 133%
93
33%
December Number
Sold Price
per Square Sold
Foot
$1,303 8 111%
$587
3%
5%
December
on of
Market
(Solds)
267 -7%
190 -16%
45%
44%
December Average
Month's Days
Supply
Inventory
14.8
0% 24%
3% 114%
-51% 102%
-48%
23.7
-16%
Asking
Price Sale
per Price
Square
(based
on New Listings)
$676 -6.6%
23% -5.4%
-5% -10.9%
17% -7.6%
0%
$713
13%
6%
December
vs Foot
List Price
Ratio
82.5%
86.6%
-3%
-3%
* LM=Last Month Sold
/ L3M=Last
3 Months
December
Price
per / PYM=Same
Square Month
Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date $1,303 111% 71% 169% 133%
$587
3%
5%
December Month's Supply of Inventory
14.8 0% 3% -51%
-48%
23.7
-16%
-16%
Number of Properties Sold
December
Price vs List Price Ratio
82.5% -6.6% -5.4% -10.9% -7.6%
86.6%
-3%
-3%
Property Sale
Sales
Average List Price of all Current Listings
Market
Profile
& Sales
Trends
Overview
December
Median
Price
Median
List
Price
of
all
Current
December Average Sales Price Listings
14
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Property sales were 8, up 60.0% from 5 in December
of 2016 and the same as the 8 sales last month. December 2017 12
sales were at their highest level compared to December of 2016
Property
Sales
10
and 2015. December
YTD sales of 93 are running 32.9% ahead 14
December
Property
sales were
60.0% from 5 in December
of last year's
year-to-date
sales 8, of up
70.
of 2016 and the same as the 8 sales last month. December 2017 12 8
sales were at their highest level compared to December of 2016
10 6
and 2015. December YTD sales of 93 are running 32.9% ahead
Number of Properties Sold
8
5
12
Median Sales Price and Average Sales Price
0
Prices
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 M J J A S O N D
15
16
17
2
4 0
6 2
The Median Sales Price in December was $1,782,500, up 48.5%
from $1,200,000 in December of 2016 and down 12.0% from
$2,025,000 last month. The Average Sales Price in December
Prices
was $1,901,875, up 8.2% from $1,757,000 in December of 2016
The
Sales from
Price $2,848,384
in December last
was
$1,782,500,
up 48.5%
and Median
down 33.2%
month.
December
2017
from
in December
of 2016 and
down 12.0%
from and
ASP $1,200,000
was at the highest
level compared
to December
of 2016
$2,025,000
last month. The Average Sales Price in December
2015.
was $1,901,875, up 8.2% from $1,757,000 in December of 2016
and down 33.2% from $2,848,384 last month. December 2017
ASP was at the highest level compared to December of 2016 and
2015.
3 Mo Avg
8 4
of last year's year-to-date sales of 70.
3 Mo Avg
3 Mo Avg
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 M J J A S O N D
2,800 15
16
17
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
2,200
2,800
2,000
2,600
1,800
2,400
1,600
2,200
1,400
2,000
1,200
1,800
1,000
1,600
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 M J J A S O N D
1,400 15
16
17
1,200
1,000
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
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 M J J A S O N D
The Total Inventory of Properties available for sale as of
15
16
17
200
90.0
December was 118, equal to 118 last month and down 21.3%
80.0
from 150 in December of last year. December 2017 Inventory
70.0
150
Total Inventory & Month's Supply of Inventory (MSI)
Inventory
MSI
was at a mid &
level
compared with December of 2016 and 2015.
60.0
The Total Inventory of Properties available for sale as of
200
90.0
50.0
December was 118, equal to 118 last month and down 21.3%
100
80.0
40.0
from 150 in December of last year. December 2017 Inventory
70.0
30.0
A comparatively
MSI is
more
beneficial
sellers
while a 150
was
at a mid level lower
compared
with
December
of for
2016
and 2015.
50
60.0
20.0
higher MSI is better for buyers. The December 2017 MSI of 14.8
10.0
50.0
months was at a mid level compared with December of 2016
100
0
0.0
40.0
and 2015.
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 M J J A S O N D 30.0
A comparatively lower MSI is more beneficial for sellers while a
50 15
16
17
20.0
higher MSI is better for buyers. The December 2017 MSI of 14.8
10.0
months was at a mid level compared with December of 2016
0
0.0
and 2015.
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 M J J A S O N D
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
15
16
17
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REALT
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.
Copyright © Coldwell Banker Residential Real Estate / Coldwel l Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
42 | coldwellbankerluxury.com
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm 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.