Florida Market Viewpoint April 2017 - Page 66

Market Action Report Zip Code: 34242 - Sarasota April 2017 Siesta Key Agent Name Title Phone Agent Name Website Other Title April 2017 Community Information | School District Zip Code: 34242 - Sarasota 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 $975,000 8% 30% Other $1,741,394 Trending 8% versus*: 38% Month LM 23% L3M 15% PYM 19% LY $659,000 $975,000 8% 47% 19% 30% 33% $884,969 $1,741,394 363 8% -6% 38% -2% $659,000 23% 15% 19% -4% 15% 48 0% $884,969 122 47% 13% 19% 9% 33% 20% 19% 363 -6% -2% $544 13% 0% 26% 48 0% -4% $443 6% 4% 9% 122 13% 9% 20% 3% 7.6 -6% -16% 2% $544 13% 0% 26% 9% 91.5% .1% -.1% -1.7% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) April Sales Price April Median Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) April Sale Price vs List Price Ratio April Sold Price per Square Foot $443 6% 4% 9% 7.6 -6% -16% 2% 91.5% .1% -.1% -1.7% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April 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 $575,000 3% $741,023 -1% 165 -6% 112 9% $546 165 13% 2% $425 112 3% -24% 9.7 $546 15% -.8% 91.6% 13% 0% 3% 0% 15% 0% -6% -5% 9% -1% -6% 9% -2% -3% -1% 2% $425 0% -2% -24% 9.7 -5% -3% Number of 91.6% Properties -.8% -1% Sold -1% 3 Mo Avg Number of Properties Sold 60 3 Mo Avg 50 40 50 30 40 20 30 43 0 10 10 20 Prices 14 The Median Sales Price in April was $659,000, up 18.7% from 1,200 Prices $555,000 in April of 2016 and up 23.2% from $535,000 last 1,100 The Median Sales Price Sales in April was in $659,000, 18.7% from month. The Average Price April was up $884,969, up 1,200 $555,000 in April of 2016 in and up of 23.2% $535,000 last 32.8% from $666,257 April 2016 from and up 47.1% from 1,000 month. The last Average Sales Price in April up level 1,100 $601,548 month. April 2017 ASP was was $884,969, at the highest 900 32.8% from to $666,257 April and of 2016 compared April of in 2016 2015. and up 47.1% from 1,000 $601,548 last month. April 2017 ASP was at the highest level 900 800 15 16 Median Sales Price and Average Sales Price 37 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 14 15 16 17 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 0 compared to April of 2016 and 2015. Trending versus*: Prior YTD -1% Prior Year 0% 15% YTD $575,000 19% $741,023 -6% 0% 70 April Property sales were 48, down 4.0% from 50 in April of 2016 and the same as the 48 sales last month. April 2017 sales Property Sales were at a mid level compared to April of 2016 and 2015. April 70 April sales are were 48, down 4.0% from of 50 last in April YTD Property sales of 165 running 13.0% ahead year's of year-to- 2016 60 date and sales the of same 146. as the 48 sales last month. April 2017 sales were at a mid level compared to April of 2016 and 2015. April YTD sales of 165 are running 13.0% ahead of last year's year-to- date sales of 146. Trending versus*: Prior YTD Prior Year YTD Market Action Report 3 Mo Avg 17 3 Mo Avg 800 700 700 600 600 500 500 400 400 Inventory & MSI M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 15 A M J J A S O N D J F M 16 M J 14 J A S O N D J F M A M J J A S O N D J F M A 17 14 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 20.0 0 2015. 66 | c 20.0 The Total Inventory Inventory & MSI of Properties available for sale as of April 450 was Total 363, Inventory down 6.4% from )Ѡ)Q)Aɽѥ)م)ȁ)ͅݸ)́ȸȔ)ɥɽ(Ā̰)ɥ)Ёɽ)啅ȸ)ɥ()%ٕѽ)݅)Ё)ݕЀ)݅)ݸظД))Ѡ)ݸ(ȸȔ)ɽ(()ɥ)ЁݥѠ)啅ȸɥ)ɥ)%ٕѽ)݅́Ё́ݕ)ٕ)ɕ()Ը()ٕɕݥѠɥ؁Ը(()Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡ)))Ʌѥٕ)ݕȁ5M$)́ɔQ))͕)5M$́ѕ)ȁ̸)ɥ()5M$ݡ)ܸ؁())5M$)́ѕ)ȁٕ)̸)Qɥ()5M$(ܸ؁()ѡ)݅)Ё)ɕ)ݥѠ)ɥ()ѡ((Ը݅́ЁٕɕݥѠɥ؁(Ը((Ը((Ը((Ը()4((L<8(44((L<8(44((L<8(4)4((L<8(44((L<8(44((L<8(4((((((((() 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