FL ARCHIVED January 2018 | Page 54

Market Action Report
Sarasota County
County: Sarasota
Agent Name
Market Action Report
County: Sarasota
January 2018
Title
Phone
Agent
Name
Website
Other
Title
January 2018
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
$348,900
3%
4%
Other
$608,306 Trending
3% versus*:
-0%
Month
LM -2%
L3M 0%
PYM 8%
LY
$259,900
$348,900
3% -2% 1%
4% 11%
$401,556
$608,306 4,695
3% 8%
-0% -7%
$259,900 831
-2% -14%
0% 8% 15%
4%
$401,556 -2%
1%
11%
13%
77 -1% 3% 5%
4,695 8%
-7%
$230 -5% 0% 10%
831 -14%
15%
$212 -2% 2% 11%
77 -1% 3% 5% 0%
5.6 25% 12% -19%
$230 -5% 0% 10% 7%
94.2% .0% -.0% .1%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
$212 -2% 2% 11%
5.6 25% 12% -19%
94.2% .0% -.0% .1%
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
Trending versus*:
Prior YTD 8%
Prior Year 4%
4% YTD
$259,900
13%
$401,556
11%
13%
$259,900
0% $401,556
8%
831
11%
77
$230
831
15%
$212
77
5%
5.6
$230
10%
94.2%
7%
12%
19%
.5%
15% 4%
5% 13%
10%
10%
0%
-19%
7%
0%
0%
7%
12%
19%
1%
12%
$212
10%
12%
19%
5.6 -19%
19%
Number
of 94.2%
Properties
.5%
0% Sold 1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
1,400
January Property sales were 831, up 15.4% from 720 in January
of 2017 and 13.9% lower than the 965 sales last month. January 1,200
Property
2018 sales Sales
were at their highest level compared to January of 1,400
January
Property
were YTD
831, sales
up 15.4%
from
in January
1,000
2017 and
2016. sales
January
of 831
are 720
running
15.4%
of ahead
2017 and
13.9%
lower
than the 965
sales
of last
year's
year-to-date
sales
of last
720. month. January 1,200
800
2018 sales were at their highest level compared to January of
Prices
1,137
1,094
15
16
17
Median Sales Price and Average Sales Price
881
918
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
15
16
17
18
F M A M J J A S O Median
N D J F Sales
M A M Price
J J A and
S O N
D
J
F
M
A
M
J
J
A
S
O
N
D
J
Average Sales Price
3 Mo Avg
The Median Sales Price in January was $259,900, up 7.8% from
450
Prices
$241,000 in January of 2017 and down 1.9% from $265,000
The
in January
was $259,900,
7.8%
from
last Median
month. Sales
The Price
Average
Sales Price
in January up
was
$401,556,
450 400
$241,000
January
of 2017
and down of 1.9%
from
up 11.2% in from
$361,188
in January
2017
and $265,000
down 2.0%
last
month.
The Average
Sales January
Price in January
was was
$401,556,
from
$409,856
last month.
2018 ASP
at the
400 350
up
11.2% from
of of
2017
and
down
2.0%
highest
level $361,188
compared in to January
January
2017
and
2016.
from $409,856 last month. January 2018 ASP was at the
350 300
highest level compared to January of 2017 and 2016.
0
0
200
200
400
400
600
3 Mo Avg
600
800
1,000
2017 and 2016. January YTD sales of 831 are running 15.4%
ahead of last year's year-to-date sales of 720.
Number of Properties Sold
18
3 Mo Avg
300 250
250 200
200 150
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
18
150
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 17
A M J J A S O N D J
15
16
17
18
4,000
2016.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
3,000
3,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
6,000
January
was 4,695, of up
7.7% from
4,361 last
month
The
Total Inventory
Properties
available
for sale
as of and down
6,000
7.0% from
of 4,361
last year.
January
January
was 5,048
4,695, in
up January
7.7% from
last month
and 2018
down
5,000
7.0%
from 5,048
in a January
of last
year. January
2018 of 2017 and
Inventory
was at
mid level
compared
with January
5,000
4,000
Inventory
2016. was at a mid level compared with January of 2017 and
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 5.6 2,000
1,000
higher
MSI
is better
for buyers.
January with
2018
MSI of 5.6
months
was
at its lowest
level The
compared
January
of 2017 1,000
months
was
at
its
lowest
level
compared
with
January
of
2017
0
and 2016.
0
and 2016.
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 J J A S O N D J
15
16
17
18
15
16
17
18
54 | c
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or g uarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.