FL ARCHIVED April 2017 | Page 64

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

City : 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
$ 399,999
0 %
3 %
Average List Price of all Current Listings
$ 787,046
4 %
10 %
April Median Sales Price
$ 271,750
1 %
0 %
5 %
5 %
$ 271,750
8 %
5 %
April Average Sales Price
$ 408,021
7 %
2 %
19 %
9 %
$ 398,722
8 %
6 %
Total Properties Currently for Sale ( Inventory )
2,629 -10%
4 %
April Number of Properties Sold
578 -10%
-3%
2,056
-1%
April Average Days on Market ( Solds )
77
0 %
-1%
17 %
10 %
78
24 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 238
-1%
-2%
4 %
2 %
$ 244
5 %
5 %
April Sold Price per Square Foot
$ 209
2 %
0 %
10 %
6 %
$ 209
8 %
6 %
April Month ' s Supply of Inventory
4.5
-0% -13%
6 %
-7%
5.7
15 %
17 %
April Sale Price vs List Price Ratio
93.2 %
-. 4 % -. 2 % -. 9 %
-. 7 %
93.4 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

St . Armands

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
700
April Property sales were 578 , down 2.5 % from 593 in April of
2016 and 9.5 % lower than the 639 sales last month . April 2017
600
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
700
April
2015 Property . April YTD sales sales were of 578 2,056 , down are 2.5 running % from 1.2 593 % in behind April of last
500
2016 year and ' s year-to-date 9.5 % lower than sales the of 2,080 639 sales . last month . April 2017 sales were at their lowest level compared to April of 2016 and
600
400
2015 . April YTD sales of 2,056 are running 1.2 % behind last
500
year ' s year-to-date sales of 2,080 .
300
400
200
300
200
100
100
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 $ 271,750 , up 4.6 % from
Prices
$ 259,900 in April of 2016 and up 1.0 % from $ 269,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 271,750 April was , up $ 4.6 408,021 % from , up
450
$
18.6 259,900 % from in April $ 344,075 of 2016 in and April up of 1.0 2016 % from and $ up 269,000 7.0 % from last
M
J
14
450
400
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
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
$ 381,188 . The last Average month Sales . April Price 2017 in April ASP was $ at 408,021 the highest , up level
18.6 % from $ 344,075 in April of 2016 and up 7.0 % from
400 compared to April of 2016 and 2015 .
350
$ 381,188 last month . April 2017 ASP was at the highest level
compared to April of 2016 and 2015 .
350
300
300
250
585 580 494 515 467
585 580 494 515 467 564 390 494 404 439 629 648 627 658 644 537 522 493 422 497 403 457 627 593 615 607 490 517 476 464 430 484 391 448 639 578
250
200
200
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 2,629 Inventory , down 9.8 of % Properties from 2,915 available last month for sale and as up of April 3.7 % from
3,500 was
2,535 2,629 in , April down of 9.8 last % from year . 2,915 April last 2017 month Inventory and up was 3.7 % at from its
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
2,535 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its .
3,000
7.0
2,500 highest level compared with April of 2016 and 2015 .
2,500
6.0
2,000
5.0
2,000
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
1,000
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 4.5 a
1,000 higher MSI is better for buyers . The April 2017 MSI of 4.5
2.0 months was at its highest level compared with April of 2016 and
500 months was at its highest level compared with April of 2016 and
500
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
2,423 2,289 2,219 2,115 2,018 2,049 2,099 564 390
2,423 2,289 2,219 2,115 2,018 2,049 2,099 494 404
2,146
2,367 439 629 648 627
2,146 2,367 2,413 2,372 2,224 2,023 1,937 1,882 1,849 658 644 537 522
1,874 1,978 2,128 2,156
493
2,413 2,372 2,224 2,023 1,937 1,882 1,849 1,874 1,978
422
2,128 2,156
2,372 2,523
497 403 457 627
2,372 2,523 2,570 2,535 593 615 607 490 517
2,570 2,535 2,409 2,425 2,395 2,361 2,305 2,413 2,523 2,603
476 464
2,802 2,927 2,915
2,409 2,425 2,395 2,361 2,305 2,413 2,523
430
2,629 484 391
2,603 2,802 2,927
448 639
2,915 2,629
578
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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 .