FL ARCHIVED July 2017 | Page 36

Market Action Report July 2017

SARASOTA County : Sarasota COUNTY

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,750,000
0 %
-12%
Average List Price of all Current Listings
$ 2,401,543
-2%
-8%
July Median Sales Price
$ 1,397,500
-7%
-7% -21% -13%
$ 1,500,000
-5%
-6%
July Average Sales Price
$ 1,758,155
-3%
-2%
-3%
-8%
$ 1,836,026
-4%
-4%
Total Properties Currently for Sale ( Inventory )
520
-8%
7 %
July Number of Properties Sold
42
14 %
91 %
265
28 %
July Average Days on Market ( Solds )
151 -33% -14% -21%
14 %
161
15 %
21 %
Asking Price per Square Foot ( based on New Listings )
$ 568
-20% -8% -10%
-6%
$ 610
-1%
1 %
July Sold Price per Square Foot
$ 530
2 %
2 %
4 %
-3%
$ 525
-4%
-4%
July Month ' s Supply of Inventory
12.4 -19% -10% -44% -37%
16.0
-16%
-19%
July Sale Price vs List Price Ratio
85.7 % -4.5% -1.7% -6.1% -6.2%
88.9 %
-3%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales July Property sales were 42 , up 90.9 % from 22 in July of 2016 and 13.5 % higher than the 37 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . Property July YTD sales Sales of 265 are running 28.0 % ahead of last year ' s July year-to-date Property sales of were 20742 . , up 90.9 % from 22 in July of 2016 and 13.5 % higher than the 37 sales last month . July 2017 sales were at their highest level compared to July of 2016 and 2015 . July YTD sales of 265 are running 28.0 % ahead of last year ' s year-to-date sales of 207 .
60
50 60 40
50 30
40 20
30 10
Agent Name
Title Phone Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in July was $ 1,397,500 , down 20.7 % from $ 1,762,500 in July of 2016 and down 6.8 % from $ 1,500,000 last month . The Average Sales Price in July was
Prices $ 1,758,155 , down 3.4 % from $ 1,820,932 in July of 2016 and The down Median 3.4 % Sales from $ Price 1,819,428 in July last was month $ 1,397,500 . July 2017 , down ASP 20.7 was % at from the lowest $ 1,762,500 level compared in July of 2016 to July and of 2016 down and 6.82015 % from . $ 1,500,000 last month . The Average Sales Price in July was $ 1,758,155 , down 3.4 % from $ 1,820,932 in July of 2016 and down 3.4 % from $ 1,819,428 last month . July 2017 ASP was at the lowest level compared to July of 2016 and 2015 .
20 0
10
0
Median Sales Price and Average Sales Price
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
14
15
16
17
2,200
Median Sales Price and Average Sales Price
3 Mo Avg
2,400
2,000
2,200 1,800
2,000 1,600
1,800 1,400
1,600 1,200 1,400
27 26 33 20 21 16 17 31 30 50 42 29 37 32 20 27 29 21
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
15
16
17
27 26 33 20 21 16 17 31 30 50 42 29 37 32 20 27 29 21 30 39 29 44 22 22 28 21 23 21 28 31 33 40 39 43 37 42
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
15
16
17
30 39 29 44 22 22 28 21 23 21 28 31 33 40 39 43 37 42
J
J
, Coast Association of REAL
Inventory & MSI
1,200
The Total Inventory of Properties available for sale as of July was 520 , down 7.6 % from 563 last month and up 6.6 % from 488
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
14
15
16
17
35.0
in July of last year . July 2017 Inventory was at its highest level
600
30.0
Inventory compared with & MSI July of 2016 and 2015 .
The Total Inventory of Properties available for sale as of July was 520 , down 7.6 % from 563 last month and up 6.6 % from 488 in July of last year . July 2017 Inventory was at its highest level compared
A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a higher MSI is better for buyers . The July 2017 MSI of 12.4 months was at its lowest level compared with July of 2016 and
500
700
400
600
300
500
200
400
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2015 .
3000
0.0
15.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 12.4 months was at its lowest level compared with July of 2016 and 2015 .
200
100
0
A
S O N D J
F M A M J
14
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A M J
17
J
10.0
5.0
0.0
A
S O N D J
F M A M J
J A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14
15
16
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
J A S O N D J
F M A M J
17 REALTORS Association of the Palm Beaches ,
J Space
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 .
36 | coldwellbankerluxury . com
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520
455 427 456 475 471 508 537 523 493 457 429 420 394 421 430 478 478 520 548 555 548 523 511 488 467 442
479 519 545
598 649 646 612 579 563
520
548 555 548 523 511 488 467 442
479 519 545
598 649 646 612 579 563
520