Sarasota County Community Information | School District
Sarasota County Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for November was 72 , down 2.7 % from 74 days last month and up 9.1 % from 66 days in November of last year . The November 2017 DOM was at a mid level compared with November of 2016 and 2015 .
Selling Price per Square Foot |
The Selling Price per Square Foot is a great indicator for the |
direction of Property values . Since Median Sales Price and |
240 |
Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is |
220 |
a more normalized indicator on the direction of Property values . |
200 |
The November 2017 Selling Price per Square Foot of $ 212 was |
up 12.1 % from $ 189 last month and up 21.9 % from 174 in |
180 |
November of last year . |
160 |
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The November 2017 Selling Price vs Original List Price of 94.2 % was down from 94.3 % last month and down from 94.5 % in November of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in November 2017 was 1,425 , down 0.1 % from 1,427 last month and up 4.2 % from 1,367 in November of last year .
90 80 70 60 50 40 30 20 10 0
140 120 100
96 % 96 % 95 % 95 % 94 % 94 % 93 % 93 % 92 % 92 % 91 %
6,000 5,000 4,000 3,000 2,000 1,000
Days On Market for Sold Properties
65 66
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 14 15
16 17
Selling Price per Square Foot
3 Mo Avg
D J 14 15
166
F M A M J |
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16 |
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17 |
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Selling Price versus Listing Price Ratio
94.8 %
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 14 15
16
17 Inventory / New Listings / Sales
4,085 4,370 4,370 4,297
4,029 3,693
Avg Selling Price divided by Avg Listing Price for sold properties during the month
3,393 3,257 3,184 3,248 3,420 3,720 3,800
4,243 4,562 4,644 4,421 4,232 4,152 4,045 3,965 3,958 4,201
174
94.5 %
4,436
4,609 5,042 5,208 5,207 4,783 4,584 4,376 4,193
3 Mo Avg
3 Mo Avg
3,941 3,825 4,003
72
212
94.2 %
4,189
0 D J 14 15
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16 |
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17 |
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c o l d w e l l b a n k e r h o m e s . c o m | 55