FL ARCHIVED July 2017 | Page 46

Market Action Report July 2017

SIESTA Zip Code : 34242 - KEY Sarasota

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
$ 1,922,000
-0%
-12%
Average List Price of all Current Listings
$ 2,853,745
-6%
-2%
July Median Sales Price
$ 1,185,000
-14% -11% -38% -19%
$ 1,355,000
-7%
-8%
July Average Sales Price
$ 1,592,611
16 %
-1% -30% -16%
$ 1,590,292
-18%
-16%
Total Properties Currently for Sale ( Inventory )
136 -12%
16 %
July Number of Properties Sold
9
350 %
80 %
53
23 %
July Average Days on Market ( Solds )
230
174 % 44 %
13 %
74 %
152
6 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 618
5 %
-2% -31%
-9%
$ 717
8 %
6 %
July Sold Price per Square Foot
$ 539
23 %
0 %
-0%
-4%
$ 514
-6%
-8%
July Month ' s Supply of Inventory
15.1 -80% -58% -35% -46%
29.1
18 %
3 %
July Sale Price vs List Price Ratio
82.2 % -6.5% -4.7% -5.6% -8.0%
88.0 %
-2%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
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July Property sales were 9 , up 80.0 % from 5 in July of 2016 and
350.0 % higher than the 2 sales last month . July 2017 sales were
12
at their highest level compared to July of 2016 and 2015 . July
Property
YTD sales of Sales 53 are running 23.3 % ahead of last year ' s year-todate Property sales of 43 sales . were 9 , up 80.0 % from 5 in July of 2016 and
July
350.0 % higher than the 2 sales last month . July 2017 sales were
14
10
128
at their highest level compared to July of 2016 and 2015 . July
YTD sales of 53 are running 23.3 % ahead of last year ' s year-todate
106
sales of 43 .
84
62
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 $ 1,185,000 , down 37.5 % from $ 1,896,000 in July of 2016 and down 14.0 % from $ 1,377,500 last month . The Average Sales Price in July was
Prices $ 1,592,611 , down 29.6 % from $ 2,263,200 in July of 2016 and The up 15.6 Median % from Sales $ 1,377,500 Price in July last was month $ 1,185,000 . July 2017 , down ASP 37.5 was % at a from mid $ range 1,896,000 compared in July to July of 2016 of 2016 and and down 2015 14.0 . % from $ 1,377,500 last month . The Average Sales Price in July was $ 1,592,611 , down 29.6 % from $ 2,263,200 in July of 2016 and up 15.6 % from $ 1,377,500 last month . July 2017 ASP was at a mid range compared to July of 2016 and 2015 .
6
40 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
2 14 15
16 17
0
Median Sales Price and Average Sales Price
3 Mo Avg 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
3,50014 15
16 17
3,000 Median Sales Price and Average Sales Price
3 Mo Avg
3,500 2,500
3,000 2,000
2,500 1,500
7 9 7 4 5 3 5 2
6 7 9 7 4 5 3 5 2 10 11 6 9 9 4 6 8 6 6 9 7 8 2 5
10 11 6 9 9 4 6 8 6 6 9 7 8 2 5
12
12 5 3 2 5 6 6 6
5 3 2 5 6 6 6 13 11 2 9
13 11 2 9
2,000 1,000
1,500
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
J
Inventory & MSI 1,000
The Total Inventory of Properties available for sale as of July was 136 , down 11.7 % from 154 last month and up 16.2 % from 117 200
in July of last year . July 2017 Inventory was at its highest level Inventory compared with & MSI July of 2016 and 2015 .
150
The Total Inventory of Properties available for sale as of July was 136 , down 11.7 % from 154 last month and up 16.2 % from 117 200
100 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 150 higher MSI is better for buyers . The July 2017 MSI of 15.1
50 months was at its lowest level compared with July of 2016 and 100
2015 .
0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 15.1
50 months was at its lowest level compared with July of 2016 and 2015 .
0
96
A 14
94
Total Inventory & Month ' s Supply of Inventory ( MSI )
S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J
J
A S O N D
J 17
F M A M J
J
90.0
93 95 97
Total Inventory & Month ' s Supply of Inventory ( MSI )
106 122 125 119
, Coast Association of REAL
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 .
46 | coldwellbankerluxury . com
96
A
14
94 93 95 97 106
S O N D J
15
122 125 119
107 107
98 98
F M A M J
91 82
91 82
83 83
87 87
95 95
93 93
105 105
116 116
122 122
130 130
125 125
130 130
J A S O N D J F M A M J 16
117 117
106 106
101 101
119 119
133 133
149 149
157 157
J A S O N D J 17
173 173
172 172
170 170
163 163
154 154
F M A M J
136 136
J
80.0 70.0 60.0
50.0 90.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0 40.0 30.0 20.0 10.0 0.0