FL ARCHIVED September 2017 | Page 54

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 348,498
-0%
6 %
Average List Price of all Current Listings
$ 630,107
1 %
3 %
September Median Sales Price
$ 250,000
4 %
2 %
9 %
8 %
$ 245,000
7 %
6 %
September Average Sales Price
$ 331,146
-2%
-2%
8 %
3 %
$ 338,675
6 %
5 %
Total Properties Currently for Sale ( Inventory )
3,666
-5%
-7%
September Number of Properties Sold
747 -27%
-19%
9,031
2 %
September Average Days on Market ( Solds )
75
-7%
-6%
7 %
12 %
77
17 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 209
4 %
0 %
4 %
2 %
$ 208
3 %
2 %
September Sold Price per Square Foot
$ 182
1 %
-1%
7 %
3 %
$ 183
5 %
4 %
September Month ' s Supply of Inventory
4.9
30 %
14 %
14 %
7 %
4.7
6 %
3 %
September Sale Price vs List Price Ratio
93.8 %
. 4 %
. 4 % -1.0%
-. 5 %
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 September Property sales were 747 , down 18.6 % from 918 in
September of 2016 and 27.0 % lower than the 1,023 sales last 1,200 Property month . September Sales 2017 sales were at their lowest level 1,400
September compared Property to September sales were of 2016 747 , and down 2015 18.6 . % September from 918 in YTD 1,000 September sales of 9,031 of 2016 are and running 27.0 % 2.1 lower % ahead than of the last 1,023 year sales ' s year-to-date last 1,200 month sales . of September 8,846 . 2017 sales were at their lowest level
800 compared to September of 2016 and 2015 . September YTD 1,000 sales of 9,031 are running 2.1 % ahead of last year ' s year-to-date 600 sales of 8,846 .
800 400
600 200
400

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

1,012 717 964 749 844
Number of Properties Sold
200
0
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
A S
0
14
15
16
17
Prices
The Median Sales Price in September was $ 250,000 , up 8.7 %
Prices from $ 230,000 in September of 2016 and up 4.2 % from
The
$ 240,000 Median last Sales month Price . in The September Average was Sales $ 250,000 Price in , up September 8.7 %
400 from was $ 230,000 331,146 , in up September 7.9 % from of $ 2016 306,804 and in up September 4.2 % from of 2016
O
N D
J
F M A M J
Median
J
A S O Sales N D
J Price
F M A and M J Average
J
A S O NSales D
J
F Price M A M J
J
A S
14
15
16
17
400
Median Sales Price and Average Sales Price
3 Mo Avg
350
3 Mo Avg
$ and 240,000 down last 2.2 month % from . The $ 338,481 Average last Sales month Price . in September 2017 was $ 331,146 , up 7.9 % from $ 306,804 in September of 2016
350
ASP was at the highest level compared to September of 2016
300
and and down 20152.2 . % from $ 338,481 last month . September 2017
ASP was at the highest level compared to September of 2016
300
250
and 2015 .
250
200
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 1,137 939 952 918 881 829 920 719 805 1,192 1,174 1,241 1,156 974 1,023 747
200
150
150
O
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
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
A S
J
A S
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
The
September Total Inventory was 3,666 of Properties , down 4.9 available % from 3,856 for sale last of month and
6,000
September down 7.3 % was from 3,666 3,953 , down in September 4.9 % from 3,856 of last last year month . September and
6,000
5,000 down 20177.3 Inventory % from 3,953 was at in a September mid level compared of last year . with September of
5,000
2017
2016 Inventory and 2015 was . at a mid level compared with September of
4,000
2016 and 2015 .
4,000
3,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
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 September 2017 MSI of 4.9
1,000
2.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 4.9 of
1,000 months was at its highest level compared with September of
1.0
2016 and 2015 .
0
2016 and 2015 .
0
0.0
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
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 A S
14
15
16
17
14
15
16
17
3,953 4,013 4,072 4,357
1,224
4,358 4,286
1,226 1,211
3,953 4,013 4,072 4,357 4,358 4,286 4,017 3,683 3,385 3,250 3,177
1,191
4,017 3,683 3,385
1,220 1,070
3,250 3,177
3,243 3,415 3,715 3,797
Number of Properties Sold
949 896 4,239
3,243 3,415
779 946 739
4,556 4,638 4,416
3,715 3,797
790
4,239 4,556 4,638 1,140 1,094
4,416
4,227 1,137 1,137
4,147
4,041 939 952
3,960 3,953
4,227 4,147 4,041 3,960 3,953 4,197 4,430 4,604
918 881 829
4,197 4,430 4,604
5,035 5,197 5,195
4,767
920 719
5,035 5,197
805
3 Mo Avg
1,192
5,195 4,767
1,174
4,562 4,349 4,156 3,856 3,666
1,241
4,562 4,349
1,156 4,156
3 Mo Avg
974 1,023
3,856 3,666
747
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
54 | c o l d w e l l b a n k e r h o m e s . c o m
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 Assoc 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 .