FL ARCHIVED July 2017 | Page 64

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

Zip Code : 34242 - 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
$ 899,000
-3%
20 %
Average List Price of all Current Listings
$ 1,565,711
-9%
12 %
July Median Sales Price
$ 534,750
-15% -11% -4%
-7%
$ 575,000
5 %
0 %
July Average Sales Price
$ 736,326
13 %
-2%
-6%
-1%
$ 723,394
-1%
-3%
Total Properties Currently for Sale ( Inventory )
320
-6%
-1%
July Number of Properties Sold
40
8 %
11 %
297
0 %
July Average Days on Market ( Solds )
127 -12% -4%
10 %
7 %
122
5 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 504
-5%
0 %
-11%
1 %
$ 516
5 %
4 %
July Sold Price per Square Foot
$ 448
3 %
4 %
-1%
3 %
$ 426
0 %
-2%
July Month ' s Supply of Inventory
8.0 -13%
1 %
-11% -20%
8.9
1 %
-11%
July Sale Price vs List Price Ratio
90.6 % -2.1% -1.0% -1.6% -1.7%
91.5 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Siesta Agent Name Key Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
70
July Property sales were 40 , up 11.1 % from 36 in July of 2016 and 8.1 % higher than the 37 sales last month . July 2017 sales
60
Number of Properties Sold
3 Mo Avg
Property were at a mid Sales level compared to July of 2016 and 2015 . July
70
July
YTD Property sales of sales 297 are were running 40 , up 11.1 0.3 % from ahead 36 of in last July year of 2016 ' s year-todate
50
8.1 sales % higher of 296 than . the 37 sales last month . July 2017 sales and were at a mid level compared to July of 2016 and 2015 . July YTD sales of 297 are running 0.3 % ahead of last year ' s year-todate sales of 296 .
60
50
40
30
40
20
30
20
10
10
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in July was $ 534,750 , down 4.1 % from
1,200
Prices
$ 557,500 in July of 2016 and down 15.1 % from $ 630,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in July Price was $ in 534,750 July was , down $ 736,326 4.1 % from , down
1,100
1,200
$
6.5 557,500 % from in July $ 787,167 of 2016 in July and down of 2016 15.1 and % from up 12.9 $ 630,000 % from last $ 652,137
1,000 month last month . The . Average July 2017 Sales ASP Price was in at July a mid was range $ 736,326 compared , down to July
1,100
6.5 of % 2016 from and $ 787,167 2015 . in July of 2016 and up 12.9 % from $ 652,137
900
1,000
3 Mo Avg
last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .
900
800
800
700
700
600
600
500
500
400
400
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
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 320 , Inventory down 5.6 of % Properties from 339 last available month for and sale down as of 0.9 July % from was 323320 in , July down of 5.6 last % year from . 339 July last 2017 month Inventory and down was 0.9 at a % mid from level
450
323 compared in July of with last July year . of July 2016 2017 and Inventory 2015 . was at a mid level
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
15.0
compared with July of 2016 and 2015 .
350
300
15.0
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The July 2017 MSI of 8.0 higher MSI is better for buyers . The July 2017 MSI of 8.0
100 months was at a mid level compared with July of 2016 and 2015 . months was at a mid level compared with July of 2016 and 2015 .
50
0
250
200
10.0
150
100
5.0
50
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
10.0
5.0
0.0
35 35 42 26 33 36 23 44 44 63 57 48 43 38 30 27 41 37 27 32 50 57 57 36 47 33 25 21 34 33 36 48 48 55 37 40
315 313
35 315 308
35 313
309 42 26
328 308
309 370 33 36 23 399
328 399
408 370 377
44 408 337
44 377
326 63 337
288
273 57 48 43 38 30 27 41 37 27 32 50
326 269
288
275 273 296 269
282 275 323
296 353
282 366
323 371
357 353
350 366
323 371
315 357
313 350
346 323
356 315 313
379 394 346 404 356 389
379 369
394 357
404 339
389 320
369
57 57 36 47 33 25 21 34 33 36 48
357 48
339 55
320 37 40
64 | 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 .