Sarasota Market Stats May

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Sarasota MLS SM Statistics - May 2013 Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of June 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 96.4 96.8 96.4 97.1 - - - - - - - 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 2,188 737 33.7 139 $220,000 $188,637 3.0 851 38.9 834 157 This Month Last Year 2,538 591 23.3 172 $185,000 $165,255 4.3 801 31.6 727 116 Last Month 2,301 714 31.0 137 $217,015 $185,000 3.2 789 34.3 756 147 YTD - 3,100 - 141 $208,000 - - 4,075 - 4,249 - $0 $50,000 $100,000 $150,000 $200,000 $250,000 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Single Family Condo Median Sale Price 0 100 200 300 400 500 600 700 800 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Unit Sales Single Family Condo 16 JULY 2013 Sarasota Realtor® Magazine www.sarasotarealtors.com

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Transcript of Sarasota Market Stats May

Page 1: Sarasota Market Stats May

Sarasota MLSSM Statistics - May 2013 Sarasota MLSSM Statistics - May 2013

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of June 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 96.4 96.8 96.4 97.1 - - - - - - -

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 2,188 737 33.7 139 $220,000 $188,637 3.0 851 38.9 834 157 This

Month Last Year

2,538 591 23.3 172 $185,000 $165,255 4.3 801 31.6 727 116

Last Month 2,301 714 31.0 137 $217,015 $185,000 3.2 789 34.3 756 147

YTD - 3,100 - 141 $208,000 - - 4,075 - 4,249 -

Source: Sarasota Association of Realtors®

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Single Family

CondoMedian Sale Price

Source: Sarasota Association of Realtors®

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Unit Sales Single Family

Condo

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

Page 2: Sarasota Market Stats May

Sarasota MLSSM Statistics - May 2013 Sarasota MLSSM Statistics - May 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 of Inventory

Pending Reported %Pending # New

Listings # Off

Market This

Month 1,109 283 25.5 166 $194,250 $172,500 3.9 306 27.6 288 102 This

Month Last Year

1,379 263 19.1 180 $180,750 $160,000 5.2 274 19.9 248 155

Last Month 1,178 303 25.7 166 $185,000 $172,500 3.9 308 26.1 328 106

YTD - 1,244 - 167 $172,500 - - 1,582 - 1,638 -

Sarasota Association of Realtors® MLS

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Pending Sales Single FamilyCondo

Sarasota Association of Realtors® MLS

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Inventory Single 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 95.4 95.2 95.4 95.3 - - - - - - -

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

Page 3: Sarasota Market Stats May

The Xtra Pages - D

igital Version Only

Sarasota Association of Realtors® MLS

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

Months of Inventory Single FamilyCondo

Sarasota Association of Realtors® MLS

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Sales Volume Single Family

Condo

Sarasota Association of Realtors® MLS

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Days on Market Single Family

Condo

Source: Sarasota Association of Realtors® MLS

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New Listings Single FamilyCondo

Page 4: Sarasota Market Stats May

First Quarter 2013 Report

Source: Sarasota Association of Realtors®

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Single Family Sales ‐ By Quarter REO Short Market

Source: Sarasota Association of Realtors®

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Condo Sales ‐ By Quarter REO Short Market

Source: Sarasota Association of Realtors®

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REO Short MarketSingle Family Median Sale Price

Source: Sarasota Association of Realtors®

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REO Short MarketCondo Median Sale Price

Page 5: Sarasota Market Stats May

Source: Sarasota Association of Realtors®

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2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4 2013‐Q1

REO Sales ‐ By Quarter Single FamilyCondo

Source: Sarasota Association of Realtors®

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Short Sales ‐ By Quarter Single Family

Condo

Source: Sarasota Association of Realtors®

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Market Sales ‐ By Quarter Single FamilyCondo