FL ARCHIVED May 2017 | Page 66

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

Zip Code : 34242 - 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
$ 949,500
-1%
29 %
Average List Price of all Current Listings
$ 1,738,007
1 %
36 %
May Median Sales Price
$ 597,500
-9%
7 %
4 %
4 %
$ 575,000
0 %
0 %
May Average Sales Price
$ 714,392
-19% -1%
-2%
-4%
$ 734,457
-5%
-1%
Total Properties Currently for Sale ( Inventory )
350
-5%
-2%
May Number of Properties Sold
54
13 %
-5%
219
8 %
May Average Days on Market ( Solds )
136
11 %
11 %
12 %
14 %
118
5 %
-1%
Asking Price per Square Foot ( based on New Listings )
$ 463
-15% -7%
-2%
-7%
$ 523
10 %
5 %
May Sold Price per Square Foot
$ 406
-8%
-2%
-6%
-6%
$ 420
-1%
-3%
May Month ' s Supply of Inventory
6.5 -15% -13%
3 %
-35%
9.1
-3%
-9%
May Sale Price vs List Price Ratio
91.5 %
. 0 %
. 2 % -1.7% -. 8 %
91.5 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Siesta Agent Name Key Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
70
May Property sales were 54 , down 5.3 % from 57 in May of 2016 and 12.5 % higher than the 48 sales last month . May 2017 sales
60
Number of Properties Sold
3 Mo Avg
Property were at their Sales lowest level compared to May of 2016 and 2015 .
70
May
May Property YTD sales sales of were 219 are 54 , running down 5.37.9 % from % ahead 57 in of May last of year 2016 ' s yearto-date
50
12.5 % sales higher of 203 than . the 48 sales last month . May 2017 sales and were at their lowest level compared to May of 2016 and 2015 . May YTD sales of 219 are running 7.9 % ahead of last year ' s yearto-date sales of 203 .
60
50
40
30
40
20
30
20
10
10
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
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in May was $ 597,500 , up 3.9 % from
1,200
Prices
$ 575,000 in May of 2016 and down 9.3 % from $ 659,000 last
Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 597,500 May was , up $ 714,392 3.9 % from , down
1,100
1,200
$
2.4 575,000 % from in May $ 731,953 of 2016 in May and down of 2016 9.3 and % from down $ 659,000 19.3 % from last
1,000 month
$ 884,969 . The last Average month Sales . May Price 2017 in May ASP was $ at 714,392 a mid , range down
1,100
2.4 compared % from $ to 731,953 May of in 2016 May of and 2016 2015 and . down 19.3 % from
900
1,000
3 Mo Avg
$ 884,969 last month . May 2017 ASP was at a mid range compared to May of 2016 and 2015 .
900
800
800
700
700
600
600
500
500
400
400
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 350 , Inventory down 4.9 of % Properties from 368 last available month for and sale down as of 2.0 May % from was 357350 in , May down of 4.9 last % year from . 368 May last 2017 month Inventory and down was 2.0 at a % mid from level
450
357 compared in May of with last May year . of May 2016 2017 and Inventory 2015 . was at a mid level
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
15.0
compared with May of 2016 and 2015 .
350
300
15.0
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The May 2017 MSI of 6.5 higher MSI is better for buyers . The May 2017 MSI of 6.5
100 months was at its highest level compared with May of 2016 and months was at its highest level compared with May of 2016 and
50
2015 .
2015 .
0
250
200
10.0
150
100
5.0
50
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
10.0
5.0
0.0
46 52 35 35 42 26 33 36 23 44 44 63 57 48 43 38 30 27 41 37 27 32 50 57 57 36 47 33 25 21 34 33 36 48 48 54
340 320
46 340 315
52 320
313 35 35 42 26
308 315
309 313
328 308
309 370 33 36
328 399 408
370 377
23 399
44 408
337
326 44 63 57 48 43 38 30 27 41 37 27
377 288
337 273
326 269
288
275 296
273
282 269
275 323
296 353
282 366
323 371
357 353
350 366
323 371
315 357
313 350 346
323 356 315 379 313 394 346 404 356 389
379 368
394 350
404
32 50 57 57 36 47 33 25 21 34 33
389 36
368 48
350 48 54
66 | 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 .