Florida Market Viewpoint June 2017 - Page 64

Market Action Report Zip Code: 34242 - Sarasota June 2017 Siesta Key Agent Name Title Phone Agent Name Website Other Title June 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 $949,000 0% 22% Other $1,724,461 Trending 0% versus*: 27% Month LM 9% L3M 7% PYM 40% LY $630,000 $949,000 0% -8% -9% 22% 19% $652,137 $1,724,461 334 0% -6% 27% -5% $630,000 9% 7% 40% -35% 10% 37 -33% $652,137 144 -8% 6% -9% 13% 19% 11% -12% 334 -6% -5% $533 16% 7% -3% 37 -33% -35% $434 6% 2% 7% 144 6% 13% 11% 21% 9.0 40% 17% 47% $533 16% 7% -3% 7% 92.5% 1.0% .9% 1.1% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Price Current Listings June Average Sales Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) June Sales Price June Median Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) June Sale Price vs List Price Ratio June Sold Price per Square Foot June Month's Supply of Inventory June 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 $595,000 $721,421 21% 8% 257 0% 122 7% $520 257 -1% 0% $423 122 5% -10% 9.1 $520 8% .3% 91.7% -1% 4% 5% -3% 8% 0% 3% 3% 5% -1% 3% 5% -2% -9% -1% 3 Mo Avg 70 June Property sales were 37, down 35.1% from 57 in June of 2016 and 32.7% lower than the 55 sales last month. June 2017 Property sales were Sales at their lowest level compared to June of 2016 and 70 June Property sales sales were of 37, 257 down from 57 in June of 2015. June YTD are 35.1% running 1.2% behind last year's 2016 and 32.7% lower 60 year-to-date sales of than 260. the 55 sales last month. June 2017 Number of Properties Sold 60 3 Mo Avg 50 40 50 30 40 20 30 30 0 10 10 20 Prices 14 The Median Sales Price in June was $630,000, up 40.0% from 1,200 Prices $450,000 in June of 2016 and up 8.6% from $580,000 last The Median Sales Price Sales in June was in $630,000, 40.0% from month. The Average Price June was up $652,137, up 18.9% 1,100 1,200 $450,000 in June in of June 2016 of and up and 8.6% down from 8.0% $580,000 from $548,254 2016 from last $709,221 1,000 month. The Average Sales ASP Price in June was range $652,137, up 18.9% last month. June 2017 was at a mid compared to 1,100 900 from in June of 2016 and down 8.0% from $709,221 June $548,254 of 2016 and 2015. 1,000 last month. June 2017 ASP was at a mid range compared to 900 800 15 16 32 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 J A S O N D J F M A Median M J J A Sales S O N Price D J F and M A Average M J J A Sales S O N Price D J F M A M J 0 June of 2016 and 2015. Trending versus*: Prior YTD 8% Prior Year 4% 10% YTD $595,000 -12% $721,421 0% -3% $434 6% 2% 7% 0% $423 0% -2% 9.0 40% 17% 47% -10% 9.1 3% -9% of 91.7% Properties 92.5% 1.0% .9% 1.1% Number .3% -1% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date sales were at their lowest level compared to June of 2016 and 2015. June YTD sales of 257 are running 1.2% behind last year's year-to-date sales of 260. Trending versus*: Prior YTD Prior Year YTD Market Action Report 3 Mo Avg 17 Median Sales Price and Average Sales Price 3 Mo Avg 800 700 700 600 600 500 500 400 400 Inventory & MSI 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 15 A M J J A S O N D J F M 16 J A 14 S O N D J F M A M J J A S O N D