FL ARCHIVED March 2017 | Page 54

Market Action Report March 2017
Community Information | School District
Market Action Report March 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 %
4 %
Average List Price of all Current Listings
$ 641,526
1 %
6 %
March Median Sales Price
$ 242,250
2 %
1 %
8 %
4 %
$ 240,000
7 %
3 %
March Average Sales Price
$ 330,888
-2%
-2%
3 %
3 %
$ 341,044
5 %
6 %
Total Properties Currently for Sale ( Inventory )
4,973
-3%
7 %
March Number of Properties Sold
1,186
47 %
4 %
2,710
2 %
March Average Days on Market ( Solds )
78
0 %
5 %
37 %
16 %
77
24 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 215
-1%
0 %
8 %
5 %
$ 215
4 %
5 %
March Sold Price per Square Foot
$ 183
-0%
0 %
6 %
4 %
$ 186
6 %
6 %
March Month ' s Supply of Inventory
4.2 -34% -28%
3 %
-8%
5.8
12 %
28 %
March Sale Price vs List Price Ratio
93.5 %
-. 3 % -. 4 % -1.3% -. 8 %
93.7 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,400
March Property sales were 1,186 , up 4.0 % from 1,140 in March
of 2016 and 47.3 % higher than the 805 sales last month . March
1,200
Property
2017 sales Sales were at a mid level compared to March of 2016 and
1,400
March
2015 . Property March YTD sales sales were of 1,186 2,710 , up are 4.0 running % from 1,140 1.5 % in ahead March of last
1,000
of year 2016 ' s year-to-date and 47.3 % higher sales than of 2,669 the 805 . sales last month . March
2017 sales were at a mid level compared to March of 2016 and
1,200
800
2015 . March YTD sales of 2,710 are running 1.5 % ahead of last
1,000
year ' s year-to-date sales of 2,669 .
600
800
400
600
400
200

Sarasota Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
0
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 242,250 , up 7.7 % from
Prices
$ 225,000 in March of 2016 and up 2.4 % from $ 236,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 242,250 was , up $ 330,888 7.7 % from , up
400
$
2.9 225,000 % from in $ March 321,516 of 2016 in March and up of 2016 2.4 % and from down $ 236,500 2.1 % last from
A
M J
14
400
350
J
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 337,820 . The last Average month Sales . March Price 2017 in March ASP was $ at 330,888 the highest , up level
2.9 % from $ 321,516 in March of 2016 and down 2.1 % from
350 compared to March of 2016 and 2015 .
300
$ 337,820 last month . March 2017 ASP was at the highest level
compared to March of 2016 and 2015 .
300
250
250
200
1,190 1,117 1,088 941
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 1,094 1,137 1,137 939 951 918 881 829 920 719 805 1,186
4,899
4,653 4,334 4,161 3,953 3,865
983 957 1,012 717 964 749 844
3,953 4,012 4,071 4,356 4,357 4,284 4,014 3,680 3,382 3,247 3,174
Number of Properties Sold
200 150
150 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 M
14 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 F M
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 March Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,973 Inventory , down 2.9 of % Properties from 5,122 available last month for sale and as up of 7.3 March % from 6,000
8.0 was 4,636 4,973 in , March down 2.9 of % last from year 5,122 . March last month 2017 Inventory and up 7.3 was % from at its 6,000 8.0
5,000 7.0
4,636 highest in March level compared of last year with . March March 2017 of Inventory 2016 and was 2015 at . its 5,000
7.0 6.0 highest level compared with March of 2016 and 2015 . 4,000
6.0 5.0
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 March 2017 MSI of 4.2
2.0 higher MSI is better for buyers . The March 2017 MSI of 4.2 1,000 2.0 months was at its highest level compared with March of 2016 1,000 1.0 months was at its highest level compared with March of 2016 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 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
15 16
17 14
15 16
17
4,899
4,653 4,334 4,161 3,953 3,865 3,953 4,012 4,071
1,224 1,226 1,211
4,356 4,357 4,284 4,014 3,680 3,382 1,191 1,220 1,070
3,247 3,174 3,240
3,240 3,412 3,712 3,794 949 896
4,236 4,553
3,412
3,712 779 946 739
3,794 4,636 4,415 4,226
790
4,236 4,553 4,636 1,140 1,094 1,137 1,137 939
4,146 4,039 3,956 3,947 4,184 4,412 4,579
951
4,415 4,226 4,146 4,039 3,956 3,947
3 Mo Avg
918 881
4,990 5,122 4,973
4,184 4,412
829 920
4,579 4,990
3 Mo Avg
719 805
5,122 4,973
1,186
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 .