August2010 stats

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Sarasota MLS SM 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 0 100 200 300 400 500 600 700 Aug09 Sep09 Oct09 Nov09 Dec09 Jan10 Feb10 Mar10 Apr10 May10 Jun10 Jul10 Aug10 Unit Sales Single Family Condo $0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Aug09 Sep09 Oct.09 Nov.09 Dec09 Jan10 Feb10 Mar10 Apr10 May10 Jun10 Jul10 Aug10 Single Family Condo Median 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

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August property sales up; prices remain stableThe Sarasota Real Estate

Transcript of August2010 stats

Page 1: August2010 stats

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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Unit Sales Single FamilyCondo

Source: Sarasota Association of Realtors®

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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

Page 2: August2010 stats

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

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InventorySingle FamilyCondo

Sarasota Association of Realtors® MLS

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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