FL ARCHIVED May 2017 | Page 54

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 354,800
2 %
4 %
Average List Price of all Current Listings
$ 649,512
1 %
5 %
May Median Sales Price
$ 245,000
0 %
1 %
1 %
6 %
$ 242,000
6 %
4 %
May Average Sales Price
$ 332,123
-3%
-1%
-3%
3 %
$ 338,947
4 %
5 %
Total Properties Currently for Sale ( Inventory )
4,379
-7%
4 %
May Number of Properties Sold
1,237
6 %
9 %
5,125
5 %
May Average Days on Market ( Solds )
76
4 %
0 %
21 %
13 %
76
21 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 211
2 %
0 %
5 %
3 %
$ 211
3 %
3 %
May Sold Price per Square Foot
$ 180
-1%
-1%
-1%
2 %
$ 183
4 %
4 %
May Month ' s Supply of Inventory
3.5 -12% -11% -5%
-23%
5.1
8 %
11 %
May Sale Price vs List Price Ratio
93.4 %
-. 2 % -. 2 % -. 8 %
-. 9 %
93.6 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
1,400
May Property sales were 1,237 , up 8.8 % from 1,137 in May of
2016 and 5.5 % higher than the 1,172 sales last month . May 2017
1,200
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their highest level compared to May of 2016 and
1,400
May
2015 Property . May YTD sales sales were of 1,237 5,125 , up are 8.8 running % from 1,137 4.6 % in ahead May of last
1,000
2016 year and ' s year-to-date 5.5 % higher sales than of the 4,900 1,172 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and
1,200
800
2015 . May YTD sales of 5,125 are running 4.6 % ahead of last
1,000
year ' s year-to-date sales of 4,900 .
600
800
400
600
400
200
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 245,000 , up 0.6 % from
Prices
$ 243,600 in May of 2016 and equal to $ 245,000 last month .
The Median Average Sales Sales Price Price in May in May was was $ 245,000 $ 332,123 , up , 0.6 down % from 3.2 % from
400
$
$ 243,600 343,122 in in May of of 2016 and and equal down to 2.8 $ 245,000 % from last $ 341,800 month . last
J
J
14
400
350
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
The month Average . May Sales 2017 Price ASP in was May at was a mid $ 332,123 range , compared down 3.2 % to from May of
$ 343,122 in May of 2016 and down 2.8 % from $ 341,800 last
350
2016 and 2015 .
300
month . May 2017 ASP was at a mid range compared to May of
2016 and 2015 .
300
250
250
200
1,088 941 983 957 1,012
1,088 941 983 957 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 1,172 1,237
200
150
150
J
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
A 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
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 May
The was Total 4,379 Inventory , down 6.8 of % Properties from 4,697 available last month for sale and as up of May 3.6 % from
6,000 was
4,227 4,379 in , May down of 6.8 last % year from . 4,697 May 2017 last month Inventory and up was 3.6 at % its from highest
6,000
5,000
4,227 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest
5,000 level compared with May 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 May 2017 MSI of 3.5 higher MSI is better for buyers . The May 2017 MSI of 3.5
1,000
2.0 months was at a mid level compared with May of 2016 and 2015
1,000 . months was at a mid level compared with May of 2016 and 2015 .
1.0
0
0
0.0
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
J A S O N D J
F M A M
14
15
16
17
14
15
16
17
717 964 749 844
4,334 4,161 3,953 3,865 3,953 4,013 4,072 4,357 4,358
1,224 1,226
4,334 4,161 3,953 3,865 3,953 4,013 4,072 4,357 4,358 4,285 4,016 3,682 3,384 3,249 1,211 1,191 1,220 1,070 949
4,285
4,016 3,682 3,384 3,249 3,176 3,242
3,414 4,238
3,176 3,242 3,414 3,714 3,796
896 779 946 739
4,555 4,638 4,416 4,227
3,714 3,796
790 1,140 1,094
4,238 4,555 4,638 4,416 4,227 1,137 1,137 939
4,147 4,040 3,958 3,949 4,190 4,421 4,594 951 918 881 829
5,019 5,174 5,158 4,697
4,147 4,040 3,958 3,949 4,190 4,421
920
4,379 719 805
4,594 5,019 5,174 5,158
1,192 1,172
4,697 4,379
1,237
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 .