FL ARCHIVED January 2017 | Page 54

Market Action Report January 2017
Community Information | School District
Market Action Report January 2017

County : Sarasota

Price Range : All | 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
$ 349,900
0 %
6 %
Average List Price of all Current Listings
$ 642,426
1 %
5 %
January Median Sales Price
$ 240,000
-2%
1 %
7 %
3 %
$ 240,000
7 %
3 %
January Average Sales Price
$ 361,342
10 %
11 %
11 %
12 %
$ 361,342
11 %
12 %
Total Properties Currently for Sale ( Inventory )
4,819
7 %
14 %
January Number of Properties Sold
712 -23%
-4%
712
-4%
January Average Days on Market ( Solds )
74
10 %
7 %
17 %
10 %
74
17 %
10 %
Asking Price per Square Foot ( based on New Listings )
$ 218
-2%
1 %
1 %
6 %
$ 218
1 %
6 %
January Sold Price per Square Foot
$ 192
10 %
9 %
9 %
9 %
$ 192
8 %
9 %
January Month ' s Supply of Inventory
6.8
38 %
20 %
18 %
49 %
6.8
18 %
49 %
January Sale Price vs List Price Ratio
94.0 %
-. 1 % -. 3 %
. 0 %
-. 3 %
94.0 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
January Property sales were 712 , down 3.7 % from 739 in
January of 2016 and 22.5 % lower than the 919 sales last month .
1,200
Property
January 2017 Sales sales were at their lowest level compared to
1,400
January Property of 2016 sales and 2015 were . 712 January , down 3.7 YTD % from sales 739 of 712 in are
1,000
January running of 3.7 2016 % behind and 22.5 last % lower year ' s than year-to-date the 919 sales sales last of month 739 . .
January 2017 sales were at their lowest level compared to
1,200
800
January of 2016 and 2015 . January YTD sales of 712 are
1,000
running 3.7 % behind last year ' s year-to-date sales of 739 .
600
800
400
600
400
200

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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 D
J
0
14
15
16
17
Prices
The Median Sales Price in January was $ 240,000 , up 6.7 % from
Prices
$ 225,000 in January of 2016 and down 2.0 % from $ 245,000
The last Median month Sales . The Price Average in January Sales Price was $ in 240,000 January , up was 6.7 $ % 361,342 from ,
400
$ up 225,000 11.0 % in from January $ 325,434 of 2016 in and January down of 2.0 2016 % from and $ up 245,000 10.3 % from
F
M A M J
14
400
350
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 327,704 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 361,342 highest , level up 11.0 % from $ 325,434 in January of 2016 and up 10.3 % from
350 compared to January of 2016 and 2015 .
300
$ 327,704 last month . January 2017 ASP was at the highest level
compared to January of 2016 and 2015 .
300
250
250
200
790 1,048 1,190 1,117 1,088
790 1,048 1,190 1,117 1,088 941 983 957 1,012 717 964 749 844 1,224 1,226 1,211 1,191 1,220 1,070 949 896 779 946 739 790 1,140 1,093 1,137 1,137 939 950 918 880 828 919 712
5,277 5,020 4,898 4,652 4,333 4,160 3,952
941
3,864
983 957 1,012 717 964
3,952 4,011 4,070 4,355 4,356 4,283 4,012 3,678 3,380 3,245 3,172
Number of Properties Sold
200 150
150 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 D J
F M
14 A M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J
17
14 15
16 17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 4,819 of , up Properties 6.8 % from available 4,512 last for sale month as of and up 6,000
8.0
January 14.0 % from was 4,819 4,227 , up in 6.8 January % from of 4,512 last year last . month January and 2017 up 6,000 8.0
5,000 7.0
14.0 Inventory % from 4,227 was at in its January highest of level last year compared . January with 2017 January of 5,000
7.0 6.0
Inventory 2016 and was 2015 at . its highest level compared with January of 4,000
6.0 5.0
2016 and 2015 .
4,000 3,000
5.0 4.0
3,000 4.0
A comparatively lower MSI is more beneficial for sellers while a 2,000
3.0
3.0
A comparatively lower MSI is more beneficial for sellers while a 2,000 higher MSI is better for buyers . The January 2017 MSI of 6.8
2.0 higher MSI is better for buyers . The January 2017 MSI of 6.8 1,000 2.0 months was at its highest level compared with January of 20161,000 1.0 months was at its highest level compared with January of 2016 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 D J
F M A 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 D J 14
15 16
17 14
15 16
17
5,277 5,020 4,898 4,652 4,333 4,160 3,952 3,864 3,952
749 844 1,224 1,226
4,011 4,070 4,355 4,356 4,283 4,012
3,678
1,211 1,191 1,220 1,070
3,238 3,408 3,708 3,789 949 896
4,227 4,544
3,380 3,245 3,172 3,238 3,408 3,708 779 946 4,227
739
3,789 4,625 4,401
4,209
790 1,140 1,093 1,137 1,137
4,128 4,017 3,933 3,920 4,153 4,364 4,512
3 Mo Avg
939 950
4,544 4,625 4,401 4,209 4,128 4,017 3,933 3,920
4,819 918 880
4,153 4,364
3 Mo Avg
828 919
4,512 4,819
712
54 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .