FL ARCHIVED June 2017 | Page 62

Market Action Report June 2017
Community Information | School District
Market Action Report June 2017

City : 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
$ 402,795
1 %
4 %
Average List Price of all Current Listings
$ 766,244
1 %
5 %
June Median Sales Price
$ 280,000
-2%
2 %
11 %
8 %
$ 275,000
8 %
6 %
June Average Sales Price
$ 395,157
-1%
0 %
7 %
5 %
$ 397,764
6 %
6 %
Total Properties Currently for Sale ( Inventory )
2,455
-6%
1 %
June Number of Properties Sold
600
-6%
-1%
3,294
-0%
June Average Days on Market ( Solds )
84
5 %
5 %
14 %
20 %
79
18 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 259
11 %
7 %
12 %
11 %
$ 242
5 %
4 %
June Sold Price per Square Foot
$ 207
0 %
0 %
4 %
5 %
$ 208
6 %
5 %
June Month ' s Supply of Inventory
4.1
-0%
-5%
2 %
-16%
5.2
13 %
7 %
June Sale Price vs List Price Ratio
93.0 %
. 0 %
-. 2 % -. 6 %
-. 9 %
93.2 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
700
June Property sales were 600 , down 1.2 % from 607 in June of
2016 and 5.5 % lower than the 635 sales last month . June 2017
600
Property sales were Sales at their lowest level compared to June of 2016 and
700
June
2015 Property . June YTD sales sales were of 600 3,294 , down are 1.2 running % from 0.2 607 % in behind June of last
500
2016 year and ' s year-to-date 5.5 % lower than sales the of 3,302 635 sales . last month . June 2017 sales were at their lowest level compared to June of 2016 and
600
400
2015 . June YTD sales of 3,294 are running 0.2 % behind last
500
year ' s year-to-date sales of 3,302 .
300
400
200
300
200
100

Sarasota

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
100
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 $ 280,000 , up 10.7 % from
Prices
$ 253,000 in June of 2016 and down 1.8 % from $ 285,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 280,000 June was , up $ 395,157 10.7 % from , up 7.4 %
450
$ from 253,000 $ 367,975 in June in of June 2016 of and 2016 down and 1.8 down % from 0.5 $ % 285,000 from $ 397,259 last
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
15
16
17
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
3 Mo Avg
month last month . The . Average June 2017 Sales ASP Price was in June at the was highest $ 395,157 level , up compared 7.4 % to from $ 367,975 in June of 2016 and down 0.5 % from $ 397,259
400
June of 2016 and 2015 .
350
last month . June 2017 ASP was at the highest level compared to
June of 2016 and 2015 .
350
300
300
250
494 515 467 564 390 494
494 515 467 564 390 494 404 439 629 648 627 658 644 537 522 493 422 497 403 457 627 593 615 607 490 517 476 464 430 485 391 447 640 581 635 600
250 200
200 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
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,455 Inventory , down 5.9 of % Properties from 2,609 available last month for sale and as of up June 1.2 % from 3,500 was 2,425 2,455 in , June down of 5.9 last % from year . 2,609 June last 2017 month Inventory and up was 1.2 % at from its 3,5003,000
8.0
2,425 highest in June level of compared last year . with June June 2017 of Inventory 2016 and was 2015 at its . 3,000 7.0
2,500 highest level compared with June of 2016 and 2015 .
2,500 6.0
2,000 5.0
2,000 1,500
4.0
A comparatively lower MSI is more beneficial for sellers while 1,500 a 1,000
3.0 A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 4.1 a 1,000 higher MSI is better for buyers . The June 2017 MSI of 4.1
2.0 months was at its highest level compared with June of 2016 and
500 months was at its highest level compared with June of 2016 and 500
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
2,219 2,115 2,018 2,049 2,099
404 439 629
2,146 2,367 2,413 2,372 648 627
2,219 2,115 2,018 2,049 2,099 2,146 2,367 2,413 2,372 2,224 2,023 1,937 1,882 1,849
Number of Properties Sold
658 644 537 522
1,874 1,978 2,129 2,157
493
2,224 2,023 1,937 1,882 1,849 1,874 1,978
422
2,373 2,524
497
2,129 2,157
403 457 627 593 615
2,373 2,524 2,571 2,535 2,409 2,425 607 490 517
2,571 2,535 2,409 2,425 2,395 2,362 2,308 2,418 2,528 2,608
476 464 430
2,811 2,940 2,946 2,719
2,395 2,362 2,308 2,418 2,528
485
3 Mo Avg
391
2,609
2,455 447 640
2,608 2,811 2,940 2,946
2,719
3 Mo Avg
581 635
2,609 2,455
600
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
62 | 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 .