Market Action Report October 2017
Community Information | School District
Market Action Report October 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 |
$ 875,000 |
-2% |
|
18 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,517,620 |
-5% |
|
10 % |
|
|
|
|
October Median Sales Price |
$ 689,950 |
30 % |
18 % |
60 % |
20 % |
$ 585,000 |
4 % |
2 % |
October Average Sales Price |
$ 807,133 |
14 % |
-3% |
34 % |
9 % |
$ 762,313 |
2 % |
2 % |
Total Properties Currently for Sale ( Inventory ) |
273 |
1 % |
|
-21% |
|
|
|
|
October Number of Properties Sold |
40 |
54 % |
|
60 % |
|
401 |
0 % |
|
October Average Days on Market ( Solds ) |
114 -14% -15% -12% |
-4% |
126 |
4 % |
6 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 584 |
9 % |
7 % |
33 % |
18 % |
$ 524 |
7 % |
6 % |
October Sold Price per Square Foot |
$ 467 |
8 % |
4 % |
12 % |
8 % |
$ 432 |
0 % |
0 % |
October Month ' s Supply of Inventory |
6.8 -34% -18% -51% -32% |
8.8 |
-5% |
-12% |
October Sale Price vs List Price Ratio |
92.6 % |
. 8 % |
1.9 % 1.3 % |
. 4 % |
91.4 % |
-1% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales October Property sales were 40 , up 60.0 % from 25 in October of
2016 and 53.8 % higher than the 26 sales last month . October Property 2017 sales Sales were at their highest level compared to October of 70
October 2016 and Property 2015 . sales October were YTD 40 , up sales 60.0 of % 401 from are 25 running October equal of to 2016 last and year 53.8 ' s year-to-date % higher than sales the of 26401 sales . last month . October 60 2017 sales were at their highest level compared to October of 2016 and 2015 . October YTD sales of 401 are running equal to 50 last year ' s year-to-date sales of 401 .
40
Siesta Agent Name Key Title Phone Website Other
Community Information | School District
30 20
Number of Properties Sold
10 |
0 |
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 |
0 |
|
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
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
Prices
Median Sales Price and Average Sales Price
14
15
16
17
The Median Sales Price in October was $ 689,950 , up 60.5 %
1,100
Prices from $ 430,000 in October of 2016 and up 29.7 % from
Median Sales Price and Average Sales Price
The
$ 532,125 Median last Sales month Price . in The October Average was Sales $ 689,950 Price , in up October 60.5 % was
1,100
1,000 from
$ 807,133 $ 430,000 , up 33.8 in October % from of $ 2016 603,376 and in up October 29.7 % from of 2016 and up
$
14.3 532,125 % from last month $ 706,106 . The last Average month Sales . October Price in 2017 October ASP was at the
1,000
900
|
J
A S O
3 Mo Avg
|
3 Mo Avg |
|
$ highest 807,133 , level up 33.8 compared % from $ to 603,376 October in of October 2016 and of 2016 2015 and . up
14.3 % from $ 706,106 last month . October 2017 ASP was at the
|
900 |
800 |
highest level compared to October of 2016 and 2015 . |
800 |
700 |
700 600
70 60 50 40 30 20 10
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 55 37 40 38 26 40
500 400 400
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
14 J F
15 M 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 J J A S O
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 273 , up of Properties 1.5 % from available 269 last for month sale and as of down 21.1 % 450
20.0
October from 346 was in 273 October , up 1.5 of % last from year 269 . last October month 2017 and Inventory down 21.1 % was 450 at 400 20.0 from its lowest 346 in level October compared of last year with . October 2017 of 2016 Inventory and 2015 was . at 400 350 15.0 its lowest level compared with October of 2016 and 2015 . 350 300 15.0
300 250 250
10.0 200
10.0
A comparatively lower MSI is more beneficial for sellers while
200 a 150 A comparatively lower MSI is more beneficial for sellers while a 150 higher MSI is better for buyers . The October 2017 MSI of 6.8 100
5.0 higher MSI is better for buyers . The October 2017 MSI of 6.8 100
5.0 months was at its lowest level compared with October of 2016 50 months was at its lowest level compared with October of 2016 50 and 2015 .
0 0.0 and 2015 . 0
0.0 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 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 14 15
16 17
14 15 16
17
309
600
500
26 33
328
309 370
328 399 36
408 370 23 399 377
44 408 337
44 377 326
63 337 288
57 326 273
48 288
269 43 273
275 296
38 269 282
30
Number of Properties Sold
27 41 37
275 323 296 353
282 366 323 371
27 32 50 57 57 36 47 33 25 21 34 33 36 48 48
3 Mo Avg
55
357 353
350 366
323 371
315 357
313 350
346 323
356 315
313 379
346 394
356 404 390 379
369 394
359 404
341 390
324 369
291 359
269 341
273 324
37 291
40 269
3 Mo Avg
38
273 26 40
64 | 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 .