Sarasota MLSSM Statistics July 2010 Sarasota MLSSM Statistics July 2010

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Aug. 10th, 2010,including some listings in Manatee, Englewood, Venice, and other areas. Single-family statistics are tabulated using property styles of single-family and villa. Condo statistics include condo, co-op, and townhouse.

Source: Sarasota Association of Realtors®

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Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10

Unit Sales Single FamilyCondo

Source: Sarasota Association of Realtors®

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Jul‐09 Aug‐09 Sep‐09 Oct.09 Nov. 09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10

Single FamilyCondoMedian Sale Price

Single Family  

#Active  #Sold  %Sold Average DOM 

Median Sale Prices 

Median Last 12 Months 

Months Inventory 

Pending Reported 

%Pending # New Listings 

# Off Market 

This Month  3,877  374  9.7  176  $155,000  $162,000  10.4  487  12.5  730  223 

This Month Last Year 

4,067  450  11.1  208  $185,000  $172,000  9.04  617  15.2  505  164 

Last Month  3,819  576  15.9  173  $175,000  $165,000  6.6  575  15.9  790  264 

YTD  ‐  3,544  ‐  176  $162,500  ‐  ‐  4,547  ‐  6,082  ‐  

  Single Family – Sale Price Vs. List Price % Rates  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sept  Oct  Nov  Dec 

2009  93.0  93.1  92.5  92.4  93.2  93.8  93.2  93.6  94.2  94.4  94.1  94.2 2010  94.4  92.8  95.2  94.8  95.2  95.3  94.7  ‐  ‐  ‐  ‐  ‐ 

 

16 SEPTEMBER 2010 Sarasota Realtor® Magazine www.sarasotarealtors.com

Sarasota MLSSM Statistics July 2010 Sarasota MLSSM Statistics July 2010

Median sales price is the middle value, where half of the homes sold for more, and half sold for less. Listings sold were closed transac-tions during the month. Pending sales are sales where an offer has been accepted during the month, but the sale has not yet closed. Even though some pending sales never close, pending sales are an indicator of current buyer activity. DOM indicates the average number of days that sold properties were on the market before a contract was executed.

Sarasota Association of Realtors® MLS

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Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10

InventorySingle FamilyCondo

Sarasota Association of Realtors® MLS

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Jul‐09 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10

Pending SalesSingle FamilyCondo

Condo  

#Active  #Sold  %Sold Average DOM 

Median Sale Prices 

Median Last 12 Months 

Months ofInventory 

Pending Reported 

%Pending # New Listings 

# Off Market 

This Month  2,177  151  6.9  203  $127,000  $175,000  14.4  166  7.6  261  189 

This Month Last Year 

2,447  145  5.9  225  $212,000  $212,010  16.9  185  7.6  245  233 

Last Month  2,174  200  9.2  203  $145,000  $185,000  10.9  192  8.9  260  219 

YTD  ‐  1,185  ‐  204  $185,000  ‐  ‐  1,763  ‐  2,262  ‐  

Condo – Sale Price Vs. List Price % Rates  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sept  Oct  Nov  Dec 

2009  91.0  90.2  90.4  92.2  90.1  91.4  92.1  92.4  91.5  92.4  92.3  93.1 2010  92.5  92.4  92.5  93.2  94.2  93.7  94.2  ‐  ‐  ‐  ‐  ‐ 

 

www.sarasotarealtors.com Sarasota Realtor® Magazine SEPTEMBER 2010 17