Market Action Report
Sarasota County
County: Sarasota
Agent Name
Market Action Report
County: Sarasota
August 2017
Title
Phone
Agent
Name
Website
Other
Title
August 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
$350,000
0%
5%
Other
$639,337 Trending
2% versus*: 3%
Month
LM -1%
L3M -2%
PYM 0%
LY
$240,000
$350,000
0% -1% 0%
5% 1%
$338,256
$639,337 3,718
2% -10% 3% -6%
$240,000 1,020
-1% 5%
-2% 0% 7%
3%
$338,256 -1%
0%
1%
5%
81 5% 3% 16%
3,718 -10%
-6%
$202 2% -3% 7%
1,020 5%
7%
$180 -3% -1% 0%
81 5% 3% 16% 21%
3.6 -14% -6% -12%
$202 2% -3% 7% -1%
93.4% -.2% .0% -.4%
Average List Price of all Current Listings
Market
Trends
August Profile
Median &
Sales
Price Overview
Median
Price of
all Current
August List
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
August
Sales
Price
August Median
Number
of Properties
Sold
August Average Sales Price
August Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
August Number of Properties Sold
August Sold Price per Square Foot
August Average Days on Market (Solds)
August Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
August Sale Price vs List Price Ratio
August Sold Price per Square Foot
August 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 6%
Prior Year
$244,500
3%
5%
$339,328
$244,500 8,281
6%
$339,328
5%
21%
78
-1%
$209
8,281
4%
3%
$183
78
18%
-20%
4.6
$209
4%
-.9%
93.5%
5% 5%
5%
4% 5%
18% 5%
4%
4%
16%
5%
2%
-1% 16%
2%
4%
2%
-1%
$180 -3% -1% 0% 3%
$183
4%
4%
3.6 -14% -6% -12% -20%
4.6
5%
2%
of 93.5%
Properties
93.4% -.2% .0% -.4% 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
August Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
1,400
August Property sales were 1,020, up 7.1% from 952 in August
of 2016 and 4.7% higher than the 974 sales last month. August
1,200
Property
2017 sales Sales
were at a mid level compared to August of 2016 and 1,400
August
sales sales
were of
1,020,
7.1%
from 952
in ahead
August of last 1,000
2015. Property
August YTD
8,281 up are
running
4.5%
of year's
2016 year-to-date
and 4.7% higher
than
the 974 sales last month. August
1,200
sales
of 7,928.
800
2017 sales were at a mid level compared to August of 2016 and
Prices
14
The Median Sales Price in August was $240,000, up 0.0% from
400
Prices
$239,950 in August of 2016 and down 1.2% from $243,000 last
The
Median
Sales
Price Sales
in August
$240,000,
0.0% from
month.
The
Average
Price was
in August
was up
$338,256,
up
400 350
$239,950
in $334,993
August of 2016
and down
1.2%
from
$243,000
last
1.0% from
in August
of 2016
and
down
0.9% from
month.
The last
Average
Sales
Price 2017
in August
up level
$341,231
month.
August
ASP was
was $338,256,
at the highest
350 300
1.0%
from $334,993
in of
August
2016
and down 0.9% from
compared
to August
2016 of
and
2015.
300
250
200
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
200
150
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 14
N D J F 15
M 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 A
14
15
16
17
Inventory & MSI
4,000
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
The Total Inventory
Inventory
& MSI of Properties available for sale as of August
6,000
was Total
3,718,
down 9.8%
from 4,120
last month
and
6.1%
The
Inventory
of Properties
available
for sale
as down
of August
from
3,960
in August
of last
year.
2017
Inventory
at 5,000
was
3,718,
down
9.8% from
4,120
last August
month and
down
6.1% was 6,000
from
3,960
August of with
last year.
August
2017 and
Inventory
a mid
level in compared
August
of 2016
2015. was at 5,000
4,000
a mid level compared with August of 2016 and 2015.
3,000
3,000
2,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
A higher
comparatively
lower MSI
is more The
beneficial
for 2017
sellers
while
a 2,000
MSI is better
for buyers.
August
MSI
of 3.6
1,000
higher
MSI
is better
for level
buyers.
The August
MSI of of 2016
3.6 and
months
was
at a mid
co