FL ARCHIVED November 2016 | Page 30

Sarasota County

Market Action Report

Agent Name

November 2016

Community Information | School District

Price Range: $1,000,000 and Up | Properties: SFH - Con

$2,624,609
$1,625,000
Month
$2,022,103
$1,925,000
Total Properties
for Sale
(Inventory)
533
Average
List PriceCurrently
of all Current
Listings
$2,624,609
NovemberMedian
NumberSales
of Properties
Sold
20
November
Price
$1,625,000
NovemberAverage
AverageSales
DaysPrice
on Market (Solds)
100
November
$2,022,103
Asking
Price perCurrently
Square Foot
(based
on New Listings)
$559
Total
Properties
for Sale
(Inventory)
533
NovemberNumber
Sold Price
per Square Sold
Foot
$566
November
of Properties
20
NovemberAverage
Month'sDays
Supply
Inventory
26.7
November
on of
Market
(Solds)
100
November
vs Foot
List Price
Ratio
92.5%
Asking
PriceSale
per Price
Square
(based
on New Listings)
$559
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
November
Sold Price per Square Foot
$566
November Month's Supply of Inventory
26.7
PropertySale
Sales
November
Price vs List Price Ratio
92.5%
60
Average List Price of all Current Listings

November
Median
Sales Price
Market
Profile
& Trends
Overview
November
Price Listings
Median
ListAverage
Price of Sales
all Current

November
sales/ were
20, Month
down
25.9%
from Year
27 in
* LM=Last
Month /Property
L3M=Last 3 Months
PYM=Same
Prior
Year / LY=Last
(2015) / YTD = Year-to-date

-3%Trending versus*:
10%
Trending versus*:
2% L3M
-1% PYM
16% 3%
$1,600,000
3%YTD Prior
2%Year
LM
LY
YTD
Prior
13% 3% 12%
5% $1,921,157
1%
0%
-1%
1%
9%
11%
-3%
10%
-13%
298 -10%
2% -1% -26%
16% 3% $1,600,000
3%
2%
-24%
134 -21%
-19%
13% -16%
3% -36%
12% -39%
5% $1,921,157
1%
0%
0% -4% 11%
-9% -9%
$607
0%
-1%
9%
16% 3% -26%
11% 11%
$548
7%
7%
-13%
298 -10%
25% -16%
15% -36%
50% -39%
52%
20.1
14%
15%
-24%
134 -21%
-19%
2.3%
91.2%
3%
2%
0% 1.8%
-4% 3.6%
-9% 3.7%
-9%
$607
0%
-1%
16% 3% 11% 11%
$548
7%
7%
Number
25% 15% 50%
52%of Properties
20.1 Sold
14%
15%
2.3% 1.8% 3.6% 3.7%
91.2%
3%
2%

November of 2015 and 13.0% lower than the 23 sales last
50
month. November 2016 sales were at their lowest level
compared
to
November
of
2015
and
2014.
November
YTD
sales
Property Sales
60
40
of 298 areProperty
running 10.0%
behind
year's
year-to-date
November
sales were
20,last
down
25.9%
from 27 insales of
331.
November of 2015 and 13.0% lower than the 23 sales last
50
30
month. November 2016 sales were at their lowest level
compared to November of 2015 and 2014. November YTD sales
40
20
of 298 are running 10.0% behind last year's year-to-date sales of
331.
30
10

27

22

22

44

29

39

30

21

29

27

20

32

37

29

42

50

30

31

17

16

21

20

26

27

23

35

35

30

29

15

16

33

33

20

23

21

27

22

22

44

29

39

30

29

27

20

32

37

29

42

50

30

31

17

16

21

33

26

27

23

35

35

30

29

15

16

33

1,400
The Total Inventory of Properties available for sale as of
November was 533, up 8.8% from 490 last month and up 11.0%
from 480 in November of last year. November 2016 Inventory
was at its highest level compared with November of 2015 and
Inventory
& MSI
2014.
The Total Inventory of Properties available for sale as of
November was 533, up 8.8% from 490 last month and up 11.0%
from 480 in November of last year. November 2016 Inventory
A comparatively lower MSI is more beneficial for sellers while a
was at its highest level compared with November of 2015 and
higher MSI is better for buyers. The November 2016 MSI of
2014.
26.7 months was at its highest level compared with November of
2015 and 2014.

Median Sales Price and Average Sales Price

3 Mo Avg
0
2,400D 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
13 14
15
16
2,200

2,000
2,400
1,800
2,200
was $2,022,103, up 12.2% from $1,801,741 in November of 2015
1,600
and up 13.0% from $1,789,087 last month. November 2016 ASP 2,000
was at the highest level compared to November of 2015 and
1,400
1,800
2014.
1,200
1,600

Inventory & MSI

3 Mo Avg

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
13 14
15
16

10

Prices

3 Mo Avg

Number of Properties Sold

200

The Median Sales Price in November was $1,625,000, up 16.1%
from $1,400,000 in November of 2015 and up 1.6% from
$1,600,000 last month. The Average Sales Price in November
was $2,022,103, up 12.2% from $1,801,741 in November of 2015
Prices
andMedian
up 13.0%
from
$1,789,087
last month.
Novemberup
2016
ASP
The
Sales
Price
in November
was $1,625,000,
16.1%
was at
the highestinlevel
compared
to November
of 2015
and
from
$1,400,000
November
of 2015
and up 1.6%
from
2014.
$1,600,000
last month. The Average Sales Price in November

Trending versus*:
Prior YTD Prior Year

YTD

20

Market Profile & Trends Overview
Median List Price of all Current Listings

23

Price Range: $1,000,000 and Up | Properties: SFH - Con

20

County: Sarasota

Title
Phone
Agent
WebsiteName
Title
Other
Phone
Trending versus*:
Month
WebsiteLM L3M PYM LY
$1,925,000
1%
Other -1%

21

Market Action Report

21

County: Sarasota

November 2016

1,200

Median Sales Price and Average Sales Price

3 Mo Avg

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
13 14
15
16

Total Inventory & Month's Supply of Inventory (MSI)

488
511
540
543
536
517
490
478
455
427
456
475
472
509
538
525
495
459
431
422
396
423
432
480
480
518
546
556
550
527
517
497
477
452
490
533

488
511
540
543
536
517
490
478
455
427
456
475
472
509
538
525
495
459
431
422
396
423
432
480
480
518
546
556
550
527
517
497
477
452
490
533

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
600
40.0
13 14
15
16
35.0
500
30.0
Total
Inventory
&
Month's
Supply
of
Inventory
(MSI)
400
25.0
40.0
600
300
20.0
35.0
15.0
500
200
30.0
10.0
400
100
25.0
5.0
3000
20.0
0.0
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 15.0
A comparatively lower MSI is more beneficial for sellers while a 200
13 14
15
16
10.0
higher MSI is better for buyers. The November 2016 MSI of
100
5.0
26.7 months was at its highest level compared with November of
0
0.0
2015 and 2014.
D J and
F Up
M | AProperty
M J Types:
J ASFH
S - Con
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
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
13 14Association of REALTORS, My Florida Regional15
16 Association of the Palm Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami
MLS, Naples Area Board of REALTORS, REALTORS
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.

30 | c

.

o l dResidential
w e lReal
l bEstate
a n/ Coldwell
k e rBanker
h oUnited,
mes
co
m Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker
Realtors
| Price

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 Association of REA
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.