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Sarasota MLSSM Statistics December 2010 Sarasota MLSSM Statistics December 2010
Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Jan. 10th, 2011,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
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 95.2 94.8 94.1
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 3,920 500 12.8 178 $165,000 $163,000 7.8 567 14.5 715 156
This Month Last Year
3,810 469 12.3 194 $170,000 $163,000 8.1 521 13.7 667 211
Last Month 4,012 369 9.2 182 $160,100 $163,000 10.9 547 13.6 755 186
YTD ‐ 5,466 ‐ 175 $163,000 ‐ ‐ 7,421 ‐ 9,575 ‐
Source: Sarasota Association of Realtors®
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10
Single Family
CondoMedian Sale Price
Source: Sarasota Association of Realtors®
0
100
200
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Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10
Unit Sales Single FamilyCondo
16 FEBRUARY 2011 Sarasota Realtor® Magazine www.sarasotarealtors.com
Sarasota MLSSM Statistics December 2010 Sarasota MLSSM Statistics December 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 2,127 181 8.5 211 $160,000 $163,000 11.7 222 10.4 302 139
This Month Last Year
2,210 179 8.1 202 $199,000 $190,000 12.3 218 9.9 233 232
Last Month 2,195 165 7.5 230 $159,000 $165,000 13.3 217 9.9 297 169
YTD ‐ 2,137 ‐ 207 $163,000 ‐ ‐ 2,821 ‐ 3,670 ‐
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 94.3 94.5 92.9
Sarasota Association of Realtors® MLS
0
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800
900
Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10
Pending SalesSingle FamilyCondo
Sarasota Association of Realtors® MLS
0
1,000
2,000
3,000
4,000
5,000
Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10
InventorySingle FamilyCondo
www.sarasotarealtors.com Sarasota Realtor® Magazine FEBRUARY 2011 17