Sarasota MLSSM Statistics August 2010 Sarasota MLSSM Statistics August 2010

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Sept. 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.

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  3,887  408  10.5  178  $154,500  $161,000  9.5  599  15.4  806  215 

This Month Last Year 

3,949  382  9.7  179  $155,000  $165,000  10.34  621  15.7  792  185 

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

YTD  ‐  3,633  ‐  176  $162,500  ‐  ‐  5,146  ‐  6,888  ‐  

 

Source: Sarasota Association of Realtors®

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

Unit Sales Single FamilyCondo

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

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

 

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

Sarasota MLSSM Statistics August 2010 Sarasota MLSSM Statistics August 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  2,152  159  7.4  193  $155,000  $169,900  13.5  217  10.1  254  169 

This Month Last Year 

2,343  114  4.9  230  $285,000  $200,000  20.5  209  8.9  203  257 

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

YTD  ‐  1,467  ‐  204  $166,000  ‐  ‐  1,980  ‐  2,516  ‐  

Sarasota Association of Realtors® MLS

0

1,000

2,000

3,000

4,000

5,000

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

InventorySingle FamilyCondo

Sarasota Association of Realtors® MLS

0

100

200

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900

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

Pending SalesSingle 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  ‐  ‐  ‐  ‐ 

 

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