FL ARCHIVED September 2017 | Page 64

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
0 %
22 %
Average List Price of all Current Listings
$ 1,622,982
5 %
16 %
September Median Sales Price
$ 532,125
-18%
-8%
-1%
-7%
$ 575,000
1 %
0 %
September Average Sales Price
$ 706,106
-33% -11%
-6%
-5%
$ 757,347
0 %
2 %
Total Properties Currently for Sale ( Inventory )
264
-9%
-16%
September Number of Properties Sold
26 -32%
-21%
361
-4%
September Average Days on Market ( Solds )
132 -19%
-7%
-27%
11 %
127
6 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 538
-5%
2 %
-2%
8 %
$ 518
5 %
4 %
September Sold Price per Square Foot
$ 432
-3%
-2%
-1%
0 %
$ 429
-1%
-1%
September Month ' s Supply of Inventory
10.2
33 %
18 %
7 %
1 %
8.9
3 %
-11%
September Sale Price vs List Price Ratio
91.9 %
3.8 % 1.3 % 2.1 %
-. 3 %
91.3 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales September Property sales were 26 , down 21.2 % from 33 in
September of 2016 and 31.6 % lower than the 38 sales last Property month . September Sales 2017 sales were at their lowest level 70
September compared Property to September sales were of 2016 26 , down and 2015 21.2 .% September from 33 in YTD September sales of 361 of are 2016 running and 31.64.0 % lower % behind than last the year 38 sales ' s year-to-date last 60 month sales . of September 376 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD 50 sales of 361 are running 4.0 % behind last year ' s year-to-date sales of 376 .
40

Siesta Agent Name Key Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in September was $ 532,125 , down 0.5 %
1,200
Prices from $ 535,000 in September of 2016 and down 18.4 % from
Median Sales Price and Average Sales Price
3 Mo Avg
The
$ 652,500 Median last Sales month Price . in The September Average was Sales $ 532,125 Price in , down September 0.5 %
1,100
1,200 from was $ 535,000 706,106 in , down September 6.4 % from of 2016 $ 754,128 and down in September 18.4 % from of 2016
1,000
$ and 652,500 down last 33.2 month % from . The $ 1,057,776 Average Sales last Price month in . September
20171,100 was $ 706,106 , down 6.4 % from $ 754,128 in
900
ASP was at the lowest level compared to September of 2016 and
1,000
3 Mo Avg
and
2015 down . 33.2 % from $ 1,057,776 last month . September 2017
ASP was at the lowest level compared to September of 2016 and
2015 .
900
800
800
700
700
600
600
500
500
400
400
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 264 of , down Properties 9.0 % available from 290 for last sale month as of and down
September
15.7 % from was 313 264 in , September down 9.0 % from of last 290 year last . September month and 2017 down
450
15.7
Inventory % from 313 was in at September its lowest of level last compared year . September with September 2017 of
400
Inventory
2016 and was 2015 at . its lowest level compared with September of
350
2016 and 2015 .
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 September 2017 MSI of higher MSI is better for buyers . The September 2017 MSI of
100
10.2 months was at its highest level compared with September
10.2 months was at its highest level compared with September
50 of 2016 and 2015 . of 2016 and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
20.0
350
300
15.0
250
200
10.0
150
100
5.0
50
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
20.0
15.0
10.0
5.0
0.0
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 38 26
308
309 42 26
328 308 309
33
370
328 399 36 370
23 399
408 377
44 408
44 377
337 326
63 337
288 273
57 326
48 288
43 273
269 275 296
38 269
Number of Properties Sold
282 30 27
275 323 296
41
353 366
282 323
37 353
27
371 357
366 32 371
50 357
350 323 315
57 350
57
313
346 36 47
323
356 315
313 379 33 25 356
394 346 404
21 379
34 394
389 368 358
33 404
36
389
340 323
48
368
3 Mo Avg
358 48
290 264
340 55
323 37
290
3 Mo Avg
40
264 38 26
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
64 | 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 .