Market Action Report
City: Sarasota
December 2017
Sarasota
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for December was 82, up 2.5% from
80 days last month and up 12.3% from 73 days in December of
last year. The December 2017 DOM was at a mid level
compared with December of 2016 and 2015.
3 Mo Avg
90
82
80
73
71
70
60
50
40
30
20
10
0
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
15
16
17
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is
a more normalized indicator on the direction of Property values.
The December 2017 Selling Price per Square Foot of $263 was
up 3.9% from $253 last month and up 33.4% from 197 in
December of last year.
3 Mo Avg
290
263
270
250
230
210
197
193
190
170
150
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
15
16
17
Selling Price versus Listing Price Ratio
Selling Pric