FL ARCHIVED July 2017 | Page 54

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

County : Sarasota

Price Range : All | 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
$ 354,000
1 %
4 %
Average List Price of all Current Listings
$ 636,240
-1%
1 %
July Median Sales Price
$ 243,000
-3%
-1%
6 %
5 %
$ 245,000
7 %
6 %
July Average Sales Price
$ 341,488
0 %
1 %
9 %
6 %
$ 339,515
6 %
5 %
Total Properties Currently for Sale ( Inventory )
4,014
-7%
-1%
July Number of Properties Sold
972 -16%
4 %
7,259
4 %
July Average Days on Market ( Solds )
77
-8%
-1%
10 %
15 %
77
18 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 201
-10% -4%
2 %
-1%
$ 210
3 %
3 %
July Sold Price per Square Foot
$ 185
1 %
1 %
7 %
5 %
$ 184
5 %
5 %
July Month ' s Supply of Inventory
4.1
11 %
8 %
-4%
-10%
4.8
7 %
4 %
July Sale Price vs List Price Ratio
93.5 %
. 3 %
. 0 %
-. 6 %
-. 8 %
93.6 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
July Property sales were 972 , up 3.5 % from 939 in July of 2016
and 15.9 % lower than the 1,156 sales last month . July 2017 sales
1,200
Property were at a mid Sales level compared to July of 2016 and 2015 . July
1,400
July
YTD Property sales of sales 7,259 were are 972 running , up 3.5 4.1 % from ahead 939 of in last July year of 2016 ' s year-todate
1,000
15.9 sales % lower of 6,976 than . the 1,156 sales last month . July 2017 sales and were at a mid level compared to July of 2016 and 2015 . July
1,200
800
YTD sales of 7,259 are running 4.1 % ahead of last year ' s year-todate
1,000
sales of 6,976 .
600
800
400
600
400
200

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

983 957 1,012 717 964
Number of Properties Sold
Number of Properties Sold
200
0
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 M J
J
0
14
15
16
17
Prices
The Median Sales Price in July was $ 243,000 , up 5.7 % from
Prices
$ 229,999 in July of 2016 and down 2.8 % from $ 250,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 243,000 July was , up $ 341,488 5.7 % from , up 9.3 %
400
$ from 229,999 $ 312,456 in July in of July 2016 of and 2016 down and 2.8 up % 0.3 from % from $ 250,000 $ 340,302 last last
A
S O N D
J
F M A
Median M J
J
A Sales S O N Price D
J
F and M A MAverage J
J
A S Sales O N DPrice
J
F M A M J
J
14
15
16
17
400
Median Sales Price and Average Sales Price
3 Mo Avg
350
3 Mo Avg
month . . The July Average 2017 ASP Sales was Price at in the July highest was $ level 341,488 compared , up 9.3 % to July from $ 312,456 in July of 2016 and up 0.3 % from $ 340,302 last
350 of 2016 and 2015 .
300
month . July 2017 ASP was at the highest level compared to July
of 2016 and 2015 .
300
250
749 844 1,224 1,226 1,211 1,191 1,220 1,070 949 896 779
3 Mo Avg
983 957 1,012 717 964 749 844 1,224 1,226 1,211 1,191 1,220 1,070 949 896 779 946 739 790 1,140 1,094 1,137 1,137 939 951 918 881 829 920 719 805 1,192 1,174 1,241 1,156 972
946 739 790 1,140 1,094 1,137 1,137 939 951 918 881 829 920 719 805 1,192 1,174
3 Mo Avg
1,241 1,156 972
250 200
200
150
150
A
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 M J
S
14 O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 4,014 Inventory , down 6.5 of % Properties from 4,294 available last month for sale and as down of July 0.7 %
6,000 was from 4,014 4,042 , down in July 6.5 % of from last 4,294 year . last July month 2017 Inventory and down 0.7 was % at a
6,000
5,000 from mid 4,042 level compared in July of last with year July . July of 2016 2017 and Inventory 2015 . was at a
5,000 mid level compared with July of 2016 and 2015 .
4,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
4,000
3,000
5.0
3,000
4.0
A comparatively lower MSI is more beneficial for sellers while a
2,000
3.0
A comparatively lower MSI is more beneficial for sellers while a
2,000 higher MSI is better for buyers . The July 2017 MSI of 4.1 higher MSI is better for buyers . The July 2017 MSI of 4.1
1,000
2.0 months was at a mid level compared with July of 2016 and 2015
1,000 . months was at a mid level compared with July of 2016 and 2015 .
1.0
0
0
0.0
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 M 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 M J
J
14
15
16
17
14
15
16
17
J
3,953 3,865 3,953 4,013 4,072 4,357 4,358 4,286 4,017
3,953 3,865 3,953 4,013 4,072 4,357 4,358 4,286 4,017 3,683 3,385 3,250 3,177
3,683 3,385 3,250 3,177 3,243 3,415
3,243 3,415 3,715 3,797
4,239 4,556 4,638 4,416 4,228
3,715 3,797
4,239 4,556 4,638 4,416 4,228 4,148 4,042 3,960 3,952
4,148 4,042 3,960 3,952 4,195 4,426 4,599 5,028 4,195 5,190 4,426 5,183 4,599
4,748 5,028
5,190
5,183 4,748 4,537
4,537 4,294 4,014
4,294
4,014
J
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
54 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .