FL ARCHIVED July 2016 | Page 48

Community Information | School District
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
$ 1,900,000
0 %
0 %
Average List Price of all Current Listings
$ 2,618,308
1 %
-0%
July Median Sales Price
$ 1,762,500
-0%
10 %
4 %
12 %
$ 1,586,500
4 %
1 %
July Average Sales Price
$ 1,820,932
-16%
-1%
-13%
-5%
$ 1,902,145
2 %
-1%
Total Properties Currently for Sale ( Inventory )
512
-2%
22 %
July Number of Properties Sold
22
0 %
-24%
207
-4%
July Average Days on Market ( Solds )
191
35 %
16 %
16 %
16 %
140
-18%
-15%
Asking Price per Square Foot ( based on New Listings )
$ 657
-7%
-1%
6 %
6 %
$ 628
2 %
2 %
July Sold Price per Square Foot
$ 490
-6%
-2%
-4%
-4%
$ 546
8 %
7 %
July Month ' s Supply of Inventory
23.3
-2%
18 %
60 %
33 %
19.3
3 %
10 %
July Sale Price vs List Price Ratio
91.3 %
2.1 %
. 8 %
2.9 %
2.4 %
91.2 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Sarasota Agent Name County

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Community Information | School District

3 Mo Avg
60
Property Sales July Property sales were 22 , down 24.1 % from 29 in July of 2015 and the same as the 22 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 207 are running 3.7 % behind last year ' s year-to-date sales of 215 .
50
60 40
50 30
40 20
Number of Properties Sold
3 Mo Avg
30 10
200
10
23 14 16 18 33 16 15 29 30 35 35 23 27 26 33 20 21 16
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
13
14
15
16
17 31 30 50 42 29 37 32 20 27 29 21 30 39 29 44 22 22
Prices The Median Sales Price in July was $ 1,762,500 , up 3.7 % from $ 1,700,000 in July of 2015 and down 0.2 % from $ 1,766,390 last month . The Average Sales Price in July was $ 1,820,932 , down 12.6 % from $ 2,082,612 in July of 2015 and down 16.1 % from $ 2,169,201 last month . July 2016 ASP was at the lowest level compared to July of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of July was 512 , down 1.9 % from 522 last month and up 21.6 % from 421 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 23.3 months was at its highest level compared with July of 2015 and 2014 .
23 14 16 18 33 16 15 29 30 35 35 23 27 26 33 20 21 16 17 31 30 50 42 29 37 32 20 27 29 21 30 39 29 44 22 22
0
3 Mo Avg
2,400A
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
13
14
15
16
2,200
Median Sales Price and Average Sales Price
3 Mo Avg
2,000
2,400
1,800 2,200 1,600 2,000 1,400 1,800 1,200 1,600
1,400
1,200 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
600 13 14
15 16
40.0
500
400 600 300 500 200 400 100 300
0 200
100 0
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
13
14
15
16
425 425
426 426
449 449
478 478
488 488
Total Inventory & Month ' s Supply of Inventory ( MSI )
511 511
540 540
543 543
536 536
517 517
491
491 478 455
478 455
427 427
456 456
475 475
471 471
509 509
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
13
14
15
16
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
13
14
15
16
537 537
524 524
494 494
458 458
430 430
421 421
394 394
421 421
431 431
478 478
479 479
517 517
546 546
557 557
551 551
531 531
522 522
512 512
J
J
J
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0
5.0 25.0
0.0 20.0 15.0
10.0 5.0 0.0
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