FL ARCHIVED December 2017 | Page 64

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 849,900
-0%
3 %
Average List Price of all Current Listings
$ 1,455,190
4 %
1 %
December Median Sales Price
$ 647,500
6 %
10 %
11 %
13 %
$ 590,000
6 %
3 %
December Average Sales Price
$ 861,610
-25%
-1%
22 %
16 %
$ 792,200
7 %
6 %
Total Properties Currently for Sale ( Inventory )
310
2 %
-18%
December Number of Properties Sold
34
17 %
0 %
463
2 %
December Average Days on Market ( Solds )
187
19 %
30 %
80 %
57 %
132
10 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 529
14 %
2 %
9 %
7 %
$ 516
6 %
4 %
December Sold Price per Square Foot
$ 655
34 %
27 %
61 %
51 %
$ 452
5 %
4 %
December Month ' s Supply of Inventory
9.1 -13%
2 %
-18%
-9%
9.0
-10%
-10%
December Sale Price vs List Price Ratio
88.9 % -2.6% -2.4% -4.2% -3.6%
91.2 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 34 , equal to 34 in December of
2016 and 17.2 % higher than the 29 sales last month . December Property 2017 sales Sales were at their lowest level compared to December of 70
December 2016 and Property 2015 . December sales were YTD 34 , equal sales to of 34 463 in are December running of 1.5 % 2016 ahead and of 17.2 last % year higher ' s year-to-date than the 29 sales last of 456 month . . December 60 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 463 are running 1.5 % 50 ahead of last year ' s year-to-date sales of 456 .
40

Siesta Agent Name Key Title Phone Website Other

Community Information | School District

30 20
70 60 50 40 30 20 10
Number of Properties Sold
10
0
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
0
15
16
17
J
F M A M J
Prices
15
The Median Sales Price in December was $ 647,500 , up 10.7 %
1,200
Prices from $ 585,000 in December of 2016 and up 5.7 % from
The
$ 612,500 Median last Sales month Price . in The December Average was Sales $ 647,500 Price in , up December 10.7 % was
1,100
1,200 from
$ 861,610 $ 585,000 , up 22.1 in December % from $ of 705,769 2016 and in December up 5.7 % from of 2016 and
1,000
$ down 612,500 25.4 last % month from $ . 1,154,689 The Average last Sales month Price . December in 2017 was ASP
1,100
$ 861,610 , up 22.1 % from $ 705,769 in of 2016 and
900 was at the highest level compared to December of 2016 and
1,000
J
A
S
OMedian N D
J FSales M A MPrice J J Aand
S OAverage N D
J
F Sales M A M Price J
J
A
16
17
Median Sales Price and Average Sales Price
S O N D
3 Mo Avg
3 Mo Avg
down 201525.4 . % from $ 1,154,689 last month . December 2017 ASP was at the highest level compared to December of 2016 and
2015 .
900
800
800
700
700
600
600
500
500
400
400
J
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
15
16
17
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
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
The
December Total Inventory was 310 of , up Properties 2.3 % from available 303 last for month sale as and of down
December
18.2 % from was 379 310 in , up December 2.3 % from of 303 last last year month . December and down 2017
450
18.2
Inventory % from 379 was in at December a mid level of compared last year . December with December 2017 of
2016400
Inventory and 2015 was . at a mid level compared with December of 2016
350 and 2015 .
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 December 2017 MSI of 9.1 higher MSI is better for buyers . The December 2017 MSI of 9.1
100 months was at a mid level compared with December of 2016 months was at a mid level compared with December of 2016
50 and 2015 . and 2015 .
0
Total Inventory & Month ' s Supply of Inventory ( MSI )
450
400
20.0
350
300
15.0
250
200
10.0
150
100
5.0
50
0
0.0
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 N D
15
16
17
15
16
17
20.0
15.0
10.0
5.0
0.0
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 39 29 34
370 399
36 370
23 399
408 377
44 408 337
44 377
63 337
326 288
57 326
48 288
273 269
43 273
275 296
38 269
282 30 275
27
323 296 353
41 282
Number of Properties Sold
37
323
366 371
27
353 366
32
357 350
371 50
357 57
323 315
350 57 323
36 315
313 346 356 47 33
379 394
313
346 25 21 379
404 356 390
34 394
33 404
369 359
36 390
341 324
48 369 292
48 359
55
341
271 278
37
324
3 Mo Avg
292 40
303 310 271
38 278
26 303
3 Mo Avg
39
310 29 34
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
64 | c o l d w e l l b a n k e r h o m e s . c o m
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 Assoc 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 .