FL ARCHIVED January 2017 | Page 66

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

Zip Code : 34242 - 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
$ 871,950
-0%
16 %
Average List Price of all Current Listings
$ 1,616,108
10 %
31 %
January Median Sales Price
$ 659,000
13 %
14 %
-8%
16 %
$ 659,000
-8%
16 %
January Average Sales Price
$ 791,402
12 %
14 %
-7%
7 %
$ 791,402
-7%
7 %
Total Properties Currently for Sale ( Inventory )
386
2 %
20 %
January Number of Properties Sold
33
-3%
-11%
33
-11%
January Average Days on Market ( Solds )
95
-9% -15% -27% -19%
95
-27%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 642
28 %
23 %
20 %
28 %
$ 642
20 %
28 %
January Sold Price per Square Foot
$ 453
11 %
6 %
-5%
5 %
$ 453
-5%
5 %
January Month ' s Supply of Inventory
11.7
5 %
-12% 34 %
17 %
11.7
34 %
17 %
January Sale Price vs List Price Ratio
92.8 %
-. 1 %
. 6 %
. 7 %
. 7 %
92.8 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Siesta Agent Name Key Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
70
January Property sales were 33 , down 10.8 % from 37 in January of 2016 and 2.9 % lower than the 34 sales last month . January
60
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
70
January
2016 and Property 2015 . sales January were YTD 33 , down sales 10.8 of 33 % are from running 37 January 10.8 % of behind 2016 and last 2.9 year % lower ' s year-to-date than the 34 sales sales of last 37 . month . January
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 33 are running 10.8 % behind last year ' s year-to-date sales of 37 .
60
50
50
40
30
40
20
30
20
10
10
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
F
M A M J
Prices
14
The Median Sales Price in January was $ 659,000 , down 7.8 %
1,200
Prices from $ 715,000 in January of 2016 and up 12.6 % from
The
$ 585,000 Median last Sales month Price . in The January Average was Sales $ 659,000 Price , down in January 7.8 % was
1,100
1,200 from
$ 791,402 $ 715,000 , down in January 6.6 % from of 2016 $ 846,932 and up in 12.6 January % from of 2016 and up
1,000
$
12.1 585,000 % from last $ month 705,990 . The last Average month . Sales January Price 2017 in January ASP was at a
1,100
$ mid 791,402 range , down compared 6.6 % from to January $ 846,932 of in 2016 January and 2015 of 2016 . and up
900
1,000
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales 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
12.1 % from $ 705,990 last month . January 2017 ASP was at a mid range compared to January of 2016 and 2015 .
900
800
800
700
700
600
600
500
500
400
400
F
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
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
The
January Total Inventory was 386 , up of Properties 1.8 % from available 379 last for month sale as and of up 19.5 %
January from 323 was in 386 January , up 1.8 of % last from year 379 . last January month 2017 and Inventory up 19.5 % was
450 at from its highest 323 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
400
450
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
20.0
15.0
its highest level compared with January of 2016 and 2015 .
350
300
15.0
300
250
A comparatively lower MSI is more beneficial for sellers while
200 a
A comparatively lower MSI is more beneficial for sellers while a
150 higher MSI is better for buyers . The January 2017 MSI of 11.7 higher MSI is better for buyers . The January 2017 MSI of 11.7
100 months was at its highest level compared with January of 2016 months was at its highest level compared with January of 2016
50 and 2015 . and 2015 .
0
250
200
10.0
150
100
5.0
50
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
10.0
5.0
0.0
24 48 60 47 46 52 35 35 42 26 33 36 23 44 44 63 57 48 43 38 30 27 41 37 27 32 50 57 57 36 46 33 25 21 34 33
404 390
24 404 399
48 390 390
60 399 340
47 390
320 46 52 35 35 42
315
340
313
320
308
315
309
313
328
308
26
370 399
309 33 328
36
408 370
377 23
399 337
44
408
44 63 57 48 43 38 30 27 41
326 288
377
273 337
269 326
275 288
296 273
282 269
275 323
296 353
282 366
323 371
357 353 350 366
323 371
316 357
314
350 346 323 357 316 379 314 386 346
37 27 32 50 57 57 36 46 33
357 25
379 21
386 34 33
66 | 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 .