FL ARCHIVED June 2017 - Page 62

Sarasota Community Information | School District 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 $402,795 1% 4% Average List Price of all Current Listings $766,244 1% 5% June Median Sales Price $280,000 -2% 2% 11% 8% $275,000 8% 6% June Average Sales Price $395,157 -1% 0% 7% 5% $397,764 6% 6% Total Properties Currently for Sale (Inventory) 2,455 -6% 1% June Number of Properties Sold 600 -6% -1% 3,294 -0% June Average Days on Market (Solds) 84 5% 5% 14% 20% 79 18% 13% Asking Price per Square Foot (based on New Listings) $259 11% 7% 12% 11% $242 5% 4% June Sold Price per Square Foot $207 0% 0% 4% 5% $208 6% 5% June Month's Supply of Inventory 4.1 -0% -5% 2% -16% 5.2 13% 7% June Sale Price vs List Price Ratio 93.0% .0% -.2% -.6% -.9% 93.2% -1% -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales June Property sales were 600, down 1.2% from 607 in June of 2016 and 5.5% lower than the 635 sales last month. June 2017 sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 3,294 are running 0.2% behind last year's year-to-date sales of 3,302. 700 600 500 400 Number of Properties Sold 3 Mo Avg 300 200 Prices The Median Sales Price in June was $280,000, up 10.7% from $253,000 in June of 2016 and down 1.8% from $285,000 last month. The Average Sales Price in June was $395,157, up 7.4% from $367,975 in June of 2016 and down 0.5% from $397,259 last month. June 2017 ASP was at the highest level compared to June of 2016 and 2015. 100 0 450 400 350 300 494 515 467 564 390 494 404 439 629 648 627 658 644 537 522 493 422 497 403 457 627 593 615 607 490 517 476 464 430 485 391 447 640 581 635 600 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 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 250 200 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 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of June was 2,455, down 5.9% from 2,609 last month and up 1.2% from 2,425 in June of last year. June 2017 Inventory was at its highest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2017 MSI of 4.1 months was at its highest level compared with June of 2016 and 2015. 3,500 3,000 2,500 2,000 1,500 1,000 500 0 Total Inventory & Month's Supply of Inventory (MSI) 2,219 2,115 2,018 2,049 2,099 2,146 2,367 2,413 2,372 2,224 2,023 1,937 1,882 1,849 1,874 1,978 2,129 2,157 2,373 2,524 2,571 2,535 2,409 2,425 2,395 2,362 2,308 2,418 2,528 2,608 2,811 2,940 2,946 2,719 2,609 2,455 J A S O N D J F M A M J 14 15 J A S O N D J F M A M J 16 J A S O N D J F M A M J 17 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 62 | c o l d w e l l b a n k e r h o m e s.c o m Market Action Report City: Sarasota Sarasota Agent Name Market Action Report City: Sarasota June 2017 Title Phone Agent Name Website Other Title June 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website Market Profile & Trends Overview Median List Price of all Current Listings Price Range: All | Properties: SFH - Con LM Trending versus*: L3M PYM LY $402,795 1% 4% Other $766,244 Trending 1% versus*: 5% Month LM -2% L3M 2% PYM 11% LY $280,000 $402,795 1% -1% 0% 4% 7% $395,157 $766,244 2,455 1% -6% 5% 1% $280,000 600 -2% -6% 2% 11% -1% 8% $395,157 -1% 0% 7% 5% 84 5% 5% 14% 2,455 -6% 1% $259 11% 7% 12% 600 -6% -1% $207 0% 0% 4% 84 5% 5% 14% 20% 4.1 -0% -5% 2% $259 11% 7% 12% 11% 93.0% .0% -.2% -.6% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot June Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales Trending versus*: YTD Prior YTD 8% Prior Year $275,000 8% 5% $397,764 $275,000 3,294 8% $397,764 6% 20% 79 11% $242 3,294 -0% 5% $208 79 18% -16% 5.2 $242 5% -.9% 93.2% 6% 6% 6% -0% 6% 18% 6% 5% 6% 13% 13% 4% -1% 13% 4% 5% 7% -1% $207 0% 0% 4% 5% $208 6% 5% 4.1 -0% -5% 2% -16% 5.2 13% 7% of 93.2% Properties 93.0% .0% -.2% -.6% Number -.9% -1% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg 700 June Property sales were 600, down 1.2% from 607 in June of 2016 and 5.5% lower than the ԁ́ͅЁѠ)չ()Aɽ)́ͅݕɔM)ЁѡȁݕЁٕɕѼ)չ؁))չ)Aɽ)́ͅͅ)ݕɔ()ݸ)ɽȔ(܁))չ((Ը))չeQ(̰)ɔĸȔ)չ()(ԸԔݕȁѡ(ԁ́ͅЁѠ)չ()啅ȝ)啅ȵѼє)́ͅѡ)̰ȸ()́ͅݕɔЁѡȁݕЁٕɕѼ)չ؁)Aɥ(((́5ٜ(()(L<8(44((L<8(44((L<8(44((ԁ4((L<8(4)()L<8(4)4((L<8(4܁4((((()%ٕѽ䀘5M$)Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$)Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$(Ȱ(Ȱ(Ȱ(İ)Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡİ)İ))Ʌѥٕ)ݕȁ5M$)́ɔQ))ȁ͕)5M$́ѕ)ȁ̸))չ)5M$ݡ)иāİ())5M$)́ѕ)ȁ̸))չ)5M$)и)ѡ)݅)Ё́)ٕQ)ɕ)ݥѠ))չ)؁(ȁ()5ḾAɥٕɅḾAɥ)QQх%ٕѽ)%ٕѽ(5M$Aɽѥ́مȁ́ͅ)չ)݅́Qх(Ȱ԰)ݸԸ)ɽȰ)ЁѠ)))չ(ĸȔɽ̰)Q)%ٕѽ)Aɽѥ)م)ȁͅ)́(̰̰(Ȱ))չ)Ёɽ)啅ȸȰ))չ()%ٕѽ)Ёɽ))݅(Ȱ԰)ݸ(Ը)Ѡ)݅(ĸȔ(Ȱ))չ)Ё啅ȸݥѠ))չ)չ(܁)%ٕѽ)݅)Ё))ٕɕ(؁(Ը(̰Ȱ)ѡ(Ը݅́Ё́ЁٕɕݥѠ)չ؁(Ը((́5ٜ((()ЁٕɕݥѠ)չ؁Ը(((((ܸ(ظ(Ը(и(̸(ȸ(ĸ((()Q5ḾAɥ)չ݅̀ܔɽ()Aɥ(̰)չ؁ݸĸɽ԰)Q)5)M)AɥM))չ)݅́((ܔɽ)Ѡ)Q)ٕɅ)Aɥ))չ݅́(԰ܰ)ܸД((̰))չ)չ(؁)ݸ)ɽ(԰))ɽܰ()ĸ)ݸ(Ԕ)ɽܰ)Ѡ)QٕɅ)ḾM@)Aɥ))չ(԰ܰ(ܸД)ЁѠ))չ)݅)Ёѡ݅))ٕ)ɕ)Ѽ()ɽ))չ)؁ݸԔɽܰ))չܰ)؁)(Ը()(L<8(44((L<8(44((L<8(44((((()(L<8(4)4)()())L)<)8))())4))4)()())L)<)8))())4))4()5ḾAɥٕɅḾAɥ()ЁѠ)չ܁M@݅́ЁѡЁٕɕѼ))չ؁Ը(((((((́5ٜ((((Ը)չeQ̰́ͅЁɔչȔ)啅ȝ́啅ȵѼє̰́ͅȸ)9յȁAɽѥ́M(((ܸ(ظ(Ը(и(̸(ȸ(ĸ()(L<8(44((L<8(44((L<8(44()(L<8(44((L<8(44((L<8(44(((((((((() ɥ+ ݕ) ȁIͥѥ)Iхє( ݕ )Uѕ)Iѽ́I)AɥI)Aɽ)Q)M ) ɥ+ ݕ) ) ݕ)Iѽ)Aɽ)QM ( ))Iͥѥ)܁I)хє))ȁ )Uѕ))Aɥ))ф)ɽ٥)ѕ)ɕѕ)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ)5ͽѥ)I1Q=IL)ɥ51L)I)51L) ɐI1Q=IL)I1Q=ILͽѥ)ѡA) ̰)M )ͼ)ф)́)ɽ٥)ѕ)ɕѕ)Ё)1Ցɑ)I1Q=IL)I1Q=H)ͽѥ)5ѥ) չ䰁 չ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐɕ)I1Q=IL)I1Q=ILͽѥ)ѡA ̰)M) Ёͽѥ)I0))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)хєɅͅѥ))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁽))͕ȁȁѼ͕)ٕɥѼ))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɕ)Ʌͅѥ