FL ARCHIVED May 2017 | Page 62

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 399,999
0 %
3 %
Average List Price of all Current Listings
$ 771,035
-0%
6 %
May Median Sales Price
$ 285,000
5 %
5 %
6 %
10 %
$ 275,000
8 %
6 %
May Average Sales Price
$ 397,435
-3%
2 %
-0%
6 %
$ 398,529
6 %
6 %
Total Properties Currently for Sale ( Inventory )
2,543
-6%
6 %
May Number of Properties Sold
633
9 %
3 %
2,689
-0%
May Average Days on Market ( Solds )
80
4 %
1 %
13 %
14 %
79
22 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 236
0 %
-2%
4 %
1 %
$ 241
4 %
3 %
May Sold Price per Square Foot
$ 207
-1%
0 %
1 %
4 %
$ 209
7 %
6 %
May Month ' s Supply of Inventory
4.0 -14% -9%
3 %
-18%
5.4
14 %
11 %
May Sale Price vs List Price Ratio
93.0 %
-. 3 % -. 2 % -1.1% -. 9 %
93.3 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Sarasota

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
May Property sales were 633 , up 2.9 % from 615 in May of 2016 and 9.3 % higher than the 579 sales last month . May 2017 sales
600
Number of Properties Sold
3 Mo Avg
Property were at their Sales highest level compared to May of 2016 and 2015 .
700
May
May Property YTD sales sales of were 2,689633 are , up running 2.9 % from 0.2 % 615 behind May last of year 2016 ' s yearto-date
500
9.3 % sales higher of than 2,695 the . 579 sales last month . May 2017 sales and were at their highest level compared to May of 2016 and 2015 .
600
400
May YTD sales of 2,689 are running 0.2 % behind last year ' s yearto-date
500
sales of 2,695 .
300
400
200
300
200
100
100
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 $ 285,000 , up 5.6 % from
Prices
$ 269,900 in May of 2016 and up 4.8 % from $ 272,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 285,000 May was , up $ 397,435 5.6 % from , down
450
$
0.2 269,900 % from in $ May 398,384 of 2016 in and May up of 4.8 2016 % from and down $ 272,000 2.6 % last from
J
J
14
450
400
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 408,232 . The last Average month Sales . May Price 2017 in May ASP was $ at 397,435 a mid , range down
0.2 compared % from $ to 398,384 May of in 2016 May and of 2016 2015 and . down 2.6 % from
400
350
$ 408,232 last month . May 2017 ASP was at a mid range
compared to May of 2016 and 2015 .
350
300
300
250
580 494 515 467 564 390
580 494 515 467 564 390 494 404 439 629 648 627 658 644 537 522 493 422 497 403 457 627 593 615 607 490 517 476 464 430 485 391 447 639 579 633
250 200
200 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
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
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 2,543 Inventory , down 6.0 of % Properties from 2,706 available last month for sale and as of up May 5.6 % from 3,500 was 2,409 2,543 in , May down of 6.0 last % year from . 2,706 May 2017 last month Inventory and up was 5.6 at % its from highest 3,5003,000
8.0
2,409 level in compared May of last with year May . May of 2016 2017 and Inventory 2015 . was at its highest 3,000 7.0
2,500 level compared with May 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 May 2017 for sellers MSI of while 4.0 a 1,000 higher MSI is better for buyers . The May 2017 MSI of 4.0
2.0 months was at its highest level compared with May of 2016 and
500 months was at its highest level compared with May of 2016 and 500
1.0 2015 .
0 2015 .
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
2,289 2,219 2,115 2,018 2,049 2,099 494 404 439
2,146 2,367 2,413 629 648 627
2,289 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 1,849 658 644 537 522
1,874 1,978 2,129 2,157
493
2,372
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
2,373 2,524 2,571 2,535 2,409 615 607 490 517
2,571 2,535 2,409 2,425 2,395 2,362 2,306 2,415 2,525 2,605
476 464 430
2,808 2,935 2,939 2,706
2,425 2,395 2,362 2,306 2,415 2,525
485
2,543 391 447
2,605 2,808 2,935 2,939
639 579
2,706 2,543
633
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
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