Sarasota MLSSM Statistics - January 2013 Sarasota MLSSM Statistics - January 2013

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Feb. 10th, 2013,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 – Sale Price Vs. List Price % Rates  Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sept  Oct  Nov  Dec 

2012  95.4  94.2  94.6  94.7  95.1  95.2  94.2  95.3  95.2  95.4  95.6  95.3 2013  96.2  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐ 

 

Single Family  

#Active  #Sold  %Sold  AverageDOM 

Median Sale Prices 

Median Last 12 Months 

Months Inventory 

Pending Reported  %Pending  # New 

Listings # Off 

Market This 

Month  2,500  466  18.6  137  $183,800  $175,000  5.4  758  30.3  988  158 This 

Month Last Year 

3,037  365  12.0  171  $162,000  $158,000  8.3  723  23.8  835  131 

Last Month  2,353  606  25.8  152  $189,500  $175,000  3.9  527  22.4  596  108 

YTD  ‐  466  ‐  137  $183,800  ‐  ‐  758  ‐  988  ‐  

 

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Single Family

CondoMedian Sale Price

Source: Sarasota Association of Realtors®

0

100

200

300

400

500

600

700

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Unit Sales Single Family

Condo

16 MARCH 2013 Sarasota Realtor® Magazine www.sarasotarealtors.com

Sarasota MLSSM Statistics - January 2013 Sarasota MLSSM Statistics - January 2013

Median sales price is the middle value, where half of the homes sold for more, and half sold for less. Listings sold were closed transactions 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  1,346  160  11.9  171  $130,000  $172,250  8.4  289  21.5  398  112 This 

Month Last Year 

1,674  148  8.8  212  $180,000  $159,000  11.3  240  14.3  364  156 

Last Month  1,304  222  17.0  180  $182,500  $175,000  5.9  186  14.3  317  88 

YTD  ‐  160  ‐  171  $130,000  ‐  ‐  289  ‐  398  ‐  

Sarasota Association of Realtors® MLS

0100200300400500600700800900

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Pending Sales Single FamilyCondo

Sarasota Association of Realtors® MLS

0

500

1,000

1,500

2,000

2,500

3,000

3,500

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

InventorySingle FamilyCondo

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

2012  93.1  93.5  94.2  94.3  93.8  93.8  94.6  94.1  94.2  94.4  95.4  94.8 2013  95.4  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐  ‐ 

 

www.sarasotarealtors.com Sarasota Realtor® Magazine MARCH 2013 17

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Sarasota Association of Realtors® MLS

0

2

4

6

8

10

12

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Months of Inventory Single FamilyCondo

Sarasota Association of Realtors® MLS

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Sales Volume Single Family

Condo

Sarasota Association of Realtors® MLS

0

50

100

150

200

250

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

Days on Market Single Family

Condo

Source: Sarasota Association of Realtors® MLS

0

200

400

600

800

1,000

1,200

Jan‐12 Feb‐12 Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13

New Listings Single FamilyCondo

Fourth Quarter 2012 Report

Source: Sarasota Association of Realtors®

0

200

400

600

800

1000

1200

1400

2010‐Q2* 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

Single Family Sales ‐ By Quarter REO Short Market

Source: Sarasota Association of Realtors®

0

100

200

300

400

500

600

700

2010‐Q2* 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

Condo Sales ‐ By Quarter REO Short Market

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

REO Short MarketSingle Family Median Sale Price

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

REO Short MarketCondo Median Sale Price

Source: Sarasota Association of Realtors®

0

100

200

300

400

500

600

2010‐Q2* 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

REO Sales ‐ By Quarter Single FamilyCondo

Source: Sarasota Association of Realtors®

0

50

100

150

200

250

300

350

400

2010‐Q2* 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

Short Sales ‐ By Quarter Single Family

Condo

Source: Sarasota Association of Realtors®

0

200

400

600

800

1000

1200

1400

2010‐Q2* 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4

Market Sales ‐ By Quarter Single FamilyCondo