FL ARCHIVED October 2016 | Page 36

Community Information | School District
Market Action Report October 2016

City : Sarasota

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
$ 1,895,000
-0%
2 %
Average List Price of all Current Listings
$ 2,599,742
-1%
10 %
October Median Sales Price
$ 1,600,000
-8%
-6%
-6%
3 %
$ 1,600,000
3 %
3 %
October Average Sales Price
$ 1,703,158
-22% -10% -5%
-11%
$ 1,937,892
4 %
2 %
Total Properties Currently for Sale ( Inventory )
381
9 %
22 %
October Number of Properties Sold
19
19 %
27 %
231
-6%
October Average Days on Market ( Solds )
100
35 % -25% -42% -36%
127
-24%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 532
-18% -11% -11% -12%
$ 610
4 %
1 %
October Sold Price per Square Foot
$ 493
-17% -11%
1 %
-1%
$ 548
11 %
10 %
October Month ' s Supply of Inventory
20.1
-9%
6 %
-4%
29 %
18.2
16 %
18 %
October Sale Price vs List Price Ratio
91.2 %
. 2 %
. 1 %
2.7 % 1.6 %
91.7 %
3 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales October Property sales were 19 , up 26.7 % from 15 in October of 2015 and 18.8 % higher than the 16 sales last month . October 2016 sales were at a mid level compared to October of 2015 and Property 2014 . October Sales YTD sales of 231 are running 6.5 % behind last October year ' s year-to-date Property sales sales were of 247 19 ,.
up 26.7 % from 15 in October of 2015 and 18.8 % higher than the 16 sales last month . October 2016 sales were at a mid level compared to October of 2015 and 2014 . October YTD sales of 231 are running 6.5 % behind last year ' s year-to-date sales of 247 .
Prices The Median Sales Price in October was $ 1,600,000 , down 5.9 % from $ 1,700,000 in October of 2015 and down 7.9 % from $ 1,737,500 last month . The Average Sales Price in October was
Prices $ 1,703,158 , down 4.7 % from $ 1,787,948 in October of 2015 and The down
Median
21.6 % Sales from Price $ 2,171,878 in October last month was $ 1,600,000 . October 2016
, down ASP
5.9 was % from at the
$ 1,700,000 lowest level in compared October of to 2015 October and of down 2015 7.9 and
%
2014 from
.
$ 1,737,500 last month . The Average Sales Price in October was $ 1,703,158 , down 4.7 % from $ 1,787,948 in October of 2015 and down 21.6 % from $ 2,171,878 last month . October 2016 ASP was at the lowest level compared to October of 2015 and 2014 .
30 40 25 35 20 30 15 25 10 20 5 15 0 10
1,400
Inventory & MSI
1,200
The Total Inventory of Properties available for sale as of
October was 381 , up 8.5 % from 351 last month and up 21.7 %
450
from 313 in October of last year . October 2016 Inventory was at
400
its highest level compared with October of 2015 and 2014 .
Inventory & MSI
The Total Inventory of Properties available for sale as of
October was 381 , up 8.5 % from 351 last month and up 21.7 % from 313 in October of last year . October 2016 Inventory was at
A comparatively lower MSI is more beneficial for sellers while a its highest level compared with October of 2015 and 2014 . higher MSI is better for buyers . The October 2016 MSI of 20.1 months was at a mid level compared with October of 2015 and
2014 .
350
300
450
400
200
350
150 300
100 250
50
0
200
A comparatively lower MSI is more beneficial for sellers while a
150
higher MSI is better for buyers . The October 2016 MSI of 20.1
100
months was at a mid level compared with October of 2015 and
50
2014 .
0

Sarasota Agent Name

Number of Properties Sold
12 27 14 13 26 26 27 27 20 19 17 28 18 18 14 14 29 21 37 38 23 30 26 15 26 23 17 26 36 23 34 20 15 25 16 19
Total Inventory & Month ' s Supply of Inventory ( MSI )
N
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
35.0
30.0
321 326 333
Title Phone Website Other
348 355
Total Inventory & Month ' s Supply of Inventory ( MSI )
358 354 339 328
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 N D and J Up F | MProperty A MTypes J : JSFH A - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 Association 14 of REALTORS , My Florida Regional MLS 15 , 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 .
36 | c o l d w e l l b a n k e r h o m e s . c o m

Community Information | School District

40
35
12 27 14 13 26 26 27 27 20 19 323
17
299 28
315
Number of Properties Sold
18
331 330
18 367
14 388
14 384
29 358
21 335
37 319
38 308
23 291
30 307
26 313
15 345
26 354
23 376
17 401
26 418
36
422 23
409 34
401 385
20 375
15 351
3 Mo Avg
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
5
0
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
2,400N
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
2,200
14
15
16
2,000
2,400
Median Sales Price and Average Sales Price
3 Mo Avg
1,800
2,200
1,600
2,000
1,400
1,800
1,200
1,600
321
N D
13
326 333
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
348 355 358 354 339
N D J F M A M J
13 14
328
323 299 315 331 330 367 388 384 358 335 319
J A S O N D J F M A M J
15
308 291 307 313 345 354 376 401 418 422 409 401
J A S O N D J F M A M J
16
385 375
351 25 381 381
J A S O
3 Mo Avg
16 19
25.0 20.0
35.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0 15.0
10.0 5.0