Sarasota County Community Information | School District
Sarasota County Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for October was 138 , up 79.2 % from 77 days last month and down 5.5 % from 146 days in October of last year . The October 2016 DOM was at its lowest level compared with October of 2015 and 2014 . |
300
250
200
150
100
|
192 |
146 |
138 |
|
50 |
|
|
|
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The October 2016 Selling Price per Square Foot of $ 486 was down 10.3 % from $ 541 last month and down 3.4 % from 503 in October of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The October 2016 Selling Price vs Original List Price of 90.0 % was equal to 90.0 % last month and up from 88.7 % in October of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in October 2016 was 89 , up 67.9 % from 53 last month and up 43.5 % from 62 in October of last year .
0
700 650 600 550 500 450 400
94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 %
600 500 400 300 200 100
0
N D 13
N D 13
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 |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
Selling Price per Square Foot
551
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 |
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
503
Selling Price versus Listing Price Ratio
88.4 % 88.7 %
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 |
A S O |
13 |
|
14 |
|
|
|
15 |
|
|
|
16 |
|
|
|
Inventory / New Listings / Sales |
478 488 511 540 543 536 517
Avg Selling Price divided by Avg Listing Price for sold properties during the month
490 478 455
427 456 475 472
509 537 524
494
458 430 421
394 421 430 477 477
3 Mo Avg
3 Mo Avg
486
90.0 %
515 543 553 547 525 515 496 476 452
491
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 |
A |
S O |
13 |
|
14 |
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
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c o l d w e l l b a n k e r h o m e s . c o m | 31