sarastota real estate stats for november
DESCRIPTION
TRANSCRIPT
Sarasota MLSSM Statistics September 2010 Sarasota MLSSM Statistics September 2010
Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Oct. 11th, 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.
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 4,007 404 9.9 179 $155,500 $164,000 9.9 553 13.8 824 230
This Month Last Year
3,915 399 10.2 174 $165,000 $165,000 9.8 614 15.7 778 193
Last Month 3,887 408 10.5 178 $154,500 $161,000 9.5 599 15.4 806 215
YTD ‐ 4,222 ‐ 174 $164,975 ‐ ‐ 5,699 ‐ 7,712 ‐
Source: Sarasota Association of Realtors®
0
100
200
300
400
500
600
700
Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
Unit Sales Single FamilyCondo
Source: Sarasota Association of Realtors®
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Sep‐09 Oct.09 Nov. 09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
Single FamilyCondoMedian Sale Price
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 95.2 94.6 ‐ ‐ ‐
16 NOVEMBER 2010 Sarasota Realtor® Magazine www.sarasotarealtors.com
Sarasota MLSSM Statistics September 2010 Sarasota MLSSM Statistics September 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.
Condo
#Active #Sold %Sold Average DOM
Median Sale Prices
Median Last 12 Months
Months ofInventory
Pending Reported
%Pending # New Listings
# Off Market
This Month 2,156 143 6.6 209 $150,450 $169,000 15.1 191 8.9 262 189
This Month Last Year
2,337 155 6.6 208 $162,500 $200,000 15.1 185 7.9 266 217
Last Month 2,152 159 7.4 193 $155,000 $169,900 13.5 217 10.1 254 169
YTD ‐ 1,645 ‐ 204 $165,000 ‐ ‐ 2,171 ‐ 2,778 ‐
Sarasota Association of Realtors® MLS
0
100
200
300
400
500
600
700
800
900
Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
Pending SalesSingle FamilyCondo
Sarasota Association of Realtors® MLS
0
1,000
2,000
3,000
4,000
5,000
Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
InventorySingle FamilyCondo
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 93.5 93.2 ‐ ‐ ‐
www.sarasotarealtors.com Sarasota Realtor® Magazine NOVEMBER 2010 17