Market Action Report April 2017
Community Information | School District
Market Action Report April 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 |
$ 975,000 |
8 % |
|
30 % |
|
|
|
|
Average List Price of all Current Listings |
$ 1,741,394 |
8 % |
|
38 % |
|
|
|
|
April Median Sales Price |
$ 659,000 |
23 % |
15 % |
19 % |
15 % |
$ 575,000 |
-1% |
0 % |
April Average Sales Price |
$ 884,969 |
47 % |
19 % |
33 % |
19 % |
$ 741,023 |
-6% |
0 % |
Total Properties Currently for Sale ( Inventory ) |
363 |
-6% |
|
-2% |
|
|
|
|
April Number of Properties Sold |
48 |
0 % |
|
-4% |
|
165 |
13 % |
|
April Average Days on Market ( Solds ) |
122 |
13 % |
9 % |
20 % |
3 % |
112 |
3 % |
-6% |
Asking Price per Square Foot ( based on New Listings ) |
$ 544 |
13 % |
0 % |
26 % |
9 % |
$ 546 |
15 % |
9 % |
April Sold Price per Square Foot |
$ 443 |
6 % |
4 % |
9 % |
2 % |
$ 425 |
0 % |
-2% |
April Month ' s Supply of Inventory |
7.6 |
-6% -16% |
2 % |
-24% |
9.7 |
-5% |
-3% |
April Sale Price vs List Price Ratio |
91.5 % |
. 1 % |
-. 1 % -1.7% -. 8 % |
91.6 % |
-1% |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 48 , down 4.0 % from 50 in April of
2016 and the same as the 48 sales last month . April 2017 sales Property were at a mid Sales level compared to April of 2016 and 2015 . April 70
April YTD Property sales of 165 sales are were running 48 , down 13.04.0 %% ahead from of 50 last in April year ' of s year-todate and sales the of same 146 . as the 48 sales last month . April 2017 sales 60
2016 were at a mid level compared to April of 2016 and 2015 . April YTD sales of 165 are running 13.0 % ahead of last year ' s year-todate sales of 146 .
50 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 |
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 |
|
|
M
J
J
Prices
14
The Median Sales Price in April was $ 659,000 , up 18.7 % from
1,200
Prices
$ 555,000 in April of 2016 and up 23.2 % from $ 535,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 659,000 April was , up $ 884,969 18.7 % from , up
1,100
1,200
$
32.8 555,000 % from in April $ 666,257 of 2016 in and April up of 23.2 2016 % from and up $ 535,000 47.1 % from last
1,000 month
$ 601,548 . The last Average month Sales . April Price 2017 in April ASP was $ at 884,969 the highest , up level
1,100
32.8 compared % from to $ 666,257 April of in 2016 April and of 2016 2015 and . up 47.1 % from
900
1,000
|
A S O N D
J
FMedian M A M J Sales
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 |
$ 601,548 last month . April 2017 ASP was at the highest level compared to April of 2016 and 2015 . |
900
800
|
800
700
|
|
700 |
600 |
|
600 |
500 |
47 46 52 35 35 42 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
500 400 400
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
14 J 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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 363 , Inventory down 6.4 of % Properties from 388 last available month for and sale down as of 2.2 April % from 450
20.0 was 371363 in April , down of 6.4 last % from year . 388 April last 2017 month Inventory and down was 2.2 at % its from lowest 450 400 20.0
371 level in April compared of last with year . April of 2017 2016 Inventory and 2015 was . at its lowest 400 350 15.0 level compared with April 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 April 2017 MSI of 7.6 100
5.0 higher MSI is better for buyers . The April 2017 MSI of 7.6 100
5.0 months was at a mid level compared with April of 2016 and 50 months was at a mid level compared with April of 2016 and 50 2015 .
0 0.0
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
390
340 47
390 320
46 340
315 52 35 35 42 26
313 320
308 315
309 313
328 308
309 370 33 36 23 44 44
Number of Properties Sold
63 57 48 43 38 30 27 41
3 Mo Avg
328
399 408 370
377 399
337 408
326 377
288 337
273
326 269 275
288
296 273
282 269
275 323
296 353
282 366
323 371
357 353
350 366
323 371
315 357 313
350
346 323 356 315 379 313 394 346 404 356 388
379 363
394
37 27 32 50 57 57 36 47 33 25 21 34
404 33
388
3 Mo Avg
36
363 48 48
66 | 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 .