FL ARCHIVED June 2017 | Page 54

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 359,000
3 %
6 %
Average List Price of all Current Listings
$ 651,650
2 %
4 %
June Median Sales Price
$ 250,000
2 %
2 %
8 %
8 %
$ 245,000
7 %
6 %
June Average Sales Price
$ 340,066
2 %
1 %
9 %
6 %
$ 339,162
5 %
5 %
Total Properties Currently for Sale ( Inventory )
4,199
-7%
1 %
June Number of Properties Sold
1,154
-7%
1 %
6,285
4 %
June Average Days on Market ( Solds )
84
11 %
8 %
24 %
25 %
77
20 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 225
8 %
6 %
12 %
10 %
$ 212
4 %
4 %
June Sold Price per Square Foot
$ 184
2 %
1 %
6 %
4 %
$ 184
5 %
5 %
June Month ' s Supply of Inventory
3.6
0 %
-3%
-0%
-20%
4.8
8 %
6 %
June Sale Price vs List Price Ratio
93.2 %
-. 2 % -. 3 % -1.1% -1.1%
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
June Property sales were 1,154 , up 1.5 % from 1,137 in June of
2016 and 7.0 % lower than the 1,241 sales last month . June 2017
1,200
Property sales were Sales at a mid level compared to June of 2016 and 2015 .
1,400
June Property YTD sales sales of were 6,2851,154 are , running up 1.5 % from 4.1 % 1,137 ahead in of June last of year ' s
1,000
2016 year-to-date and 7.0 % sales lower of than 6,037 the . 1,241 sales last month . June 2017 sales were at a mid level compared to June of 2016 and 2015 .
1,200
800
June YTD sales of 6,285 are running 4.1 % ahead of last year ' s
1,000
year-to-date sales of 6,037 .
600
800
400
600
400
200

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 250,000 , up 7.8 % from
Prices
$ 232,000 in June of 2016 and up 2.0 % from $ 245,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 250,000 June was , up $ 340,066 7.8 % from , up 9.0 %
400
$ from 232,000 $ 311,899 in June in of June 2016 of and 2016 up and 2.0 % up from 2.4 % $ 245,000 from $ 332,211 last last
J
A S O N D
J
F
MMedian A M J
J Sales
A S O Price N D
J and
F M AAverage M J
J
A Sales S O NPrice D
J
F M A M J
14
15
16
17
400
Median Sales Price and Average Sales Price
3 Mo Avg
350
3 Mo Avg
month . . The June Average 2017 Sales ASP was Price at in the June highest was $ level 340,066 compared , up 9.0 to % from
June $ 311,899 of 2016 in and June 2015 of . 2016 and up 2.4 % from $ 332,211 last
350
300
month . June 2017 ASP was at the highest level compared to
June of 2016 and 2015 .
300
250
250
200
941 983 957 1,012 717
941 983 957 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 1,137 939 951 918 881 829 920 719 805 1,192 1,174 1,241 1,154
200
150
150
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
A
14 S O N D
J
F M
15 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
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 June
The was Total 4,199 Inventory , down 6.8 of % Properties from 4,506 available last month for sale and as of up June 1.2 % from
6,000 was
4,148 4,199 in , June down of 6.8 last % from year . 4,506 June last 2017 month Inventory and up was 1.2 % at from its
6,000
5,000
4,148 highest in June level of compared last year . with June June 2017 of Inventory 2016 and was 2015 at its .
5,000 highest level compared with June of 2016 and 2015 .
4,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
6.0
4,000
3,000
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 June 2017 MSI of 3.6 higher MSI is better for buyers . The June 2017 MSI of 3.6
1,000
2.0 months was at a mid level compared with June of 2016 and
1,000 months was at a mid level compared with June of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 O N D J
F M A M J
14
15
16
17
14
15
16
17
964 749 844 1,224
4,161 3,953 3,865 3,953 4,013 4,072 4,357 4,358 4,286
1,226 1,211
4,161 3,953 3,865 3,953 4,013 4,072 4,357 4,358 4,286 4,017 3,683 3,385 3,250 3,177
Number of Properties Sold
1,191 1,220 1,070 949
4,017 3,683 3,385 3,250 3,177 3,243 3,415
3,243 3,415 3,715 3,797
896
4,239
779 946 739
4,556 4,638 4,416 4,228
3,715 3,797
790 1,140 1,094 1,137
4,239 4,556 4,638 4,416 4,228 4,148 1,137 939 951
4,148 4,042 3,960 3,953 4,195 4,426 4,599
918 881 829
5,027 5,185 5,176 4,735
4,042 3,960 3,953 4,195 4,426
3 Mo Avg
920 719
4,506
4,199 805 1,192
4,599 5,027 5,185 5,176
4,735
3 Mo Avg
1,174 1,241
4,506 4,199
1,154
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
54 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .