FL ARCHIVED October 2016 | Page 40

Community Information
| School District
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
$ 2,100,000
-7%
8 %
Average List Price of all Current Listings
$ 3,006,293
-7%
20 %
October Median Sales Price
$ 1,025,000
-21% -31% -44% -30%
$ 1,400,000
-10%
-4%
October Average Sales Price
$ 1,391,667
-28% -27% -24% -25%
$ 1,906,349
2 %
3 %
Total Properties Currently for Sale ( Inventory )
125
20 %
44 %
October Number of Properties Sold
3 -40%
-25%
62
-3%
October Average Days on Market ( Solds )
118 -19% -9% -48% -28%
133
-24%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 501
-40% -27% -11% -23%
$ 668
7 %
3 %
October Sold Price per Square Foot
$ 416
-37% -30% -24% -25%
$ 566
3 %
3 %
October Month ' s Supply of Inventory
41.7
100 % 72 %
92 % 101 %
24.6
11 %
19 %
October Sale Price vs List Price Ratio
89.8 %
4.5 % 1.6 % 3.5 % 2.5 %
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
October Property sales were 3 , down 25.0 % from 4 in October of
2015 and 40.0 % lower than the 5 sales last month . October
2016 sales were at their lowest level compared to October of
10
Property
2015 and 2014 Sales . October YTD sales of 62 are running 3.1 %
October behind last Property year ' s sales year-to-date were 3 , down sales of 25.0 64 %. from 4 in October of
128
2015 and 40.0 % lower than the 5 sales last month . October
2016 sales were at their lowest level compared to October of
106
2015 and 2014 . October YTD sales of 62 are running 3.1 % behind last year ' s year-to-date sales of 64 .
84

Siesta Key

Market Action Report October 2016
62
Website Other
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in October was $ 1,025,000 , down 44.0 % from $ 1,830,000 in October of 2015 and down 21.2 % from $ 1,300,000 last month . The Average Sales Price in
Prices October was $ 1,391,667 , down 24.3 % from $ 1,838,425 in The October
Median of 2015
Sales and Price down in October
28.2 % from was $ 1,025,000 1,937,850
, last down month .
44.0 October
% from 2016
$ 1,830,000 ASP was at in the October lowest of level 2015 compared and down to
21.2 October
% from of 2015
$ 1,300,000 and 2014 last . month . The Average Sales Price in October was $ 1,391,667 , down 24.3 % from $ 1,838,425 in October of 2015 and down 28.2 % from $ 1,937,850 last month . October 2016 ASP was at the lowest level compared to October of 2015 and 2014 .
40
3,500 2,500
3,000 2,000
2,500 1,500
2,000 1,000
1,500
2 8 4 3
2 8 4 3 11 11 8 3 4 6 7 9 7 4 5 3 5 2
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
2
13
14
15
16
0
Median Sales Price and Average Sales Price
3 Mo Avg
3,500N
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
3,000
Median Sales Price and Average Sales Price
11 11 8 3 4 6 7 9 7 4 5 3 5 2
10
10 11 6 9 9 4 6 8 6 6 9 7 8 2 5 11
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
13
14
15
16
11 6 9 9 4 6 8 6 6 9 7 8 2 5 11 5 3
5 3
Inventory & MSI The Total Inventory of Properties available for sale as of October was 125 , up 20.2 % from 104 last month and up 43.7 % from 87 in October of last year . October 2016 Inventory was at its highest level compared with October of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of October was 125 , up 20.2 % from 104 last month and up 43.7 % from 87 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 41.7 months was at its highest level compared with October of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The October 2016 MSI of 41.7 months was at its highest level compared with October of 2015 and 2014 .
1,000
80
140 60 120 40 100 20 80 0 60
40 20
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
70.0
60.0
Total Inventory & Month ' s Supply of Inventory ( MSI )
50.0
107 108
118 126 122 125 118 110 98
0
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 .
40 | c o l d w e l l b a n k e r h o m e s . c o m
140 120 100
107 108
118 126 122 125 118
110
N D J F M A M J
13 14
98 96 96
94
94 93 95
93 95
97 97
106 106
122 122
125 125
119 119
107 107
98 98
J A S O N D J F M A M J 15
91 91
82 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
120 120
110 110
104 104
125 125
J A S O
40.0
70.0 30.0 60.0 20.0 50.0 10.0 40.0 0.0 30.0
20.0 10.0