FL ARCHIVED April 2017 | Page 54

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 354,900
2 %
5 %
Average List Price of all Current Listings
$ 655,255
4 %
6 %
April Median Sales Price
$ 245,000
1 %
2 %
7 %
6 %
$ 240,750
7 %
4 %
April Average Sales Price
$ 341,808
3 %
0 %
12 %
6 %
$ 341,124
7 %
6 %
Total Properties Currently for Sale ( Inventory )
4,568 -11%
3 %
April Number of Properties Sold
1,168
-2%
7 %
3,884
3 %
April Average Days on Market ( Solds )
73
-6%
-4%
11 %
9 %
76
21 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 207
-3%
-3%
3 %
1 %
$ 213
4 %
4 %
April Sold Price per Square Foot
$ 182
-1%
-2%
6 %
3 %
$ 185
6 %
5 %
April Month ' s Supply of Inventory
3.9
-9% -20% -3%
-14%
5.4
10 %
18 %
April Sale Price vs List Price Ratio
93.6 %
. 0 %
-. 1 % -. 7 %
-. 7 %
93.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
April Property sales were 1,168 , up 6.8 % from 1,094 in April of
2016 and 2.0 % lower than the 1,192 sales last month . April 2017
1,200
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
1,400
April Property YTD sales sales of were 3,8841,168 are , running up 6.8 % 3.2 from % 1,094 ahead in of April last year of ' s
1,000
2016 year-to-date and 2.0 % sales lower of than 3,763 the . 1,192 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 .
1,200
800
April YTD sales of 3,884 are running 3.2 % ahead of last year ' s
1,000
year-to-date sales of 3,763 .
600
800
400
600
400
200

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 245,000 , up 7.5 % from
Prices
$ 227,950 in April of 2016 and up 1.2 % from $ 242,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 245,000 April was , up $ 341,808 7.5 % from , up
400
$
11.7 227,950 % from in April $ 306,122 of 2016 in April and up of 1.2 2016 % from and $ up 242,000 3.4 % from last
M
J
14
400
350
J
A S O N D
J
Median
F M A M Sales J
J
A Price S O N and D
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 330,464 . The last Average month Sales . April Price 2017 in April ASP was $ at 341,808 the highest , up level
11.7 % from $ 306,122 in April of 2016 and up 3.4 % from
350 compared to April of 2016 and 2015 .
300
$ 330,464 last month . April 2017 ASP was at the highest level
compared to April of 2016 and 2015 .
300
250
250
200
1,117 1,088 941 983
1,117 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 1,168
200
150
150
M
M
J
14
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
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
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 April
The was Total 4,568 Inventory , down 10.7 of Properties % from 5,115 available last month for sale and as of up April 3.4 % from
6,000 was
4,417 4,568 in April , down of 10.7 last % year from . 5,115 April last 2017 month Inventory and up was 3.4 at % its from
6,000
5,000
4,417 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its .
5,000 highest level compared with April 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 April 2017 MSI of 3.9 higher MSI is better for buyers . The April 2017 MSI of 3.9
1,000
2.0 months was at a mid level compared with April of 2016 and
1,000 months was at a mid level compared with April of 2016 and
1.0
2015 .
0
2015 .
0
0.0
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 J
J A S O N D J
F M A
14
15
16
17
14
15
16
17
4,653 4,334 4,161 3,953 3,865 3,953
957 1,012 717 964 749
4,653 4,334 4,161 3,953 3,865 3,953 4,013 4,072 4,357
844 1,224
4,013 4,072 4,357 4,358 4,285 4,016 3,682 3,384 3,249 3,176
Number of Properties Sold
1,226 1,211 1,191 1,220 1,070
4,358 4,285 4,016 3,682 3,384 3,249 3,176 3,242
3,414 4,238
3,242 3,414 3,714 3,796 949 896 779 946 739
4,555 4,638 4,417 4,229
3,714 3,796
790 1,140
4,238 4,555 4,638 4,417 1,094 1,137 1,137 939
4,149 4,042 3,959 3,950 4,189 4,420 4,594 951 918
5,014 5,164 5,115
3 Mo Avg
881
4,229 4,149 4,042 3,959 3,950 4,189 4,420
829
4,568 920 719
4,594 5,014 5,164
3 Mo Avg
805 1,192
5,115 4,568
1,168
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 .