FL ARCHIVED November 2016 | Page 40

Community Information
| School District
Market Action Report November 2016 Agent Name

Zip Code : 34242 - Sarasota

Title

Community Information

Phone

| 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
$ 1,925,000
-7%
-4%
Average List Price of all Current Listings
$ 2,801,119
-7%
12 %
November Median Sales Price
$ 1,770,000
73 %
19 %
51 %
21 %
$ 1,470,000
-1%
1 %
November Average Sales Price
$ 1,770,000
27 %
-2%
22 %
-4%
$ 1,902,088
4 %
3 %
Total Properties Currently for Sale ( Inventory )
141
14 %
48 %
November Number of Properties Sold
2 -33%
-67%
64
-9%
November Average Days on Market ( Solds )
47 -60% -55% -69% -71%
130
-25%
-21%
Asking Price per Square Foot ( based on New Listings )
$ 557
12 %
-9% -10% -14%
$ 654
4 %
1 %
November Sold Price per Square Foot
$ 621
49 %
1 %
53 %
12 %
$ 568
6 %
3 %
November Month ' s Supply of Inventory
70.5
71 %
59 % 345 % 240 %
28.7
33 %
39 %
November Sale Price vs List Price Ratio
88.0 % -2.0% -. 7 %
. 2 %
. 4 %
89.2 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
12
November Property sales were 2 , down 66.7 % from 6 in
November of 2015 and 33.3 % lower than the 3 sales last month .
November 2016 sales were at their lowest level compared to
10
Property
November of Sales 2015 and 2014 . November YTD sales of 64 are
November running 8.6 Property % behind sales last were year ' 2 s , year-to-date down 66.7 % sales from of 6 in 70 .
128
November of 2015 and 33.3 % lower than the 3 sales last month .
November 2016 sales were at their lowest level compared to
106
November of 2015 and 2014 . November YTD sales of 64 are running 8.6 % behind last year ' s year-to-date sales of 70 .
84

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62
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in November was $ 1,770,000 , up 50.6 % from $ 1,175,000 in November of 2015 and up 72.7 % from $ 1,025,000 last month . The Average Sales Price in November
Prices was $ 1,770,000 , up 22.1 % from $ 1,450,000 in November of The 2015
Median and up Sales 27.2 %
Price from in $ November 1,391,667 last was month $ 1,770,000
. November
, up 50.6 % from
2016 $ ASP 1,175,000 was at in the
November highest level of 2015 compared and up to 72.7 November
% from of
$ 2015 1,025,000 and 2014 last
. month . The Average Sales Price in November was $ 1,770,000 , up 22.1 % from $ 1,450,000 in November of 2015 and up 27.2 % from $ 1,391,667 last month . November 2016 ASP was at the highest level compared to November of 2015 and 2014 .
40 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
2 13 14 15
16 Median Sales Price and Average Sales Price
3 Mo Avg
0 3,500D
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
3,000
Median Sales Price and Average Sales Price
3,500 2,500
3,000 2,000
2,500 1,500
2,000 1,000
1,500
8 4 3
D J
13 14
8 4 3 11 11 8 3 4 6 7 9 7 4 5 3 5 2
11 11 8 3 4 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
11
11 5 3 2
3 Mo Avg
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
16
5 3 2
Inventory & MSI
1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of
November was 141 , up 13.7 % from 124 last month and up 48.4 %
160
D
J
F M A M J
13
14
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N
80.0
from 95 in November of last year . November 2016 Inventory
140
70.0
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 141 , up 13.7 % from 124 last month and up 48.4 %
120
100
160
80
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
50.0
40.0
80.0
from 95 in November of last year . November 2016 Inventory
140
60
A comparatively lower MSI is more beneficial for sellers while a was at its highest level compared with November of 2015 and
120 higher MSI is better for buyers . The November 2016 MSI of
40
2014 .
70.5 months was at its highest level compared with November of
100
20
30.0
70.0
20.0
60.0
10.0
50.0
2015 and 2014 .
800
40.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The November 2016 MSI of 70.5 months was at its highest level compared with November of 2015 and 2014 .
60
40
20
0
D
J
F M A M J
13
14
J A S O N D J
F M A M J
15
J A S O N D J
F M A M J
16
J A S O N
30.0
20.0
10.0
0.0
108 108
118 118
126 126
122 122
125 125
118 118
110 110
98 98
96
96
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 D J and F Up M | AProperty M JTypes 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 14Association of REALTORS , My Florida Regional 15 MLS , Naples Area Board of REALTORS , REALTORS 16 Association of the Palm Beaches , Space Coast Association of REAL 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 .
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130 130
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