sarasota market stats nov

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Sarasota MLS SM Statistics November 2010 Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Dec. 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. $0 $50,000 $100,000 $150,000 $200,000 $250,000 Nov. 09 Dec09 Jan10 Feb10 Mar10 Apr10 May10 Jun10 Jul10 Aug10 Sep10 Oct10 Nov10 Single Family Condo Median Sale Price 0 100 200 300 400 500 600 700 Nov09 Dec09 Jan10 Feb10 Mar10 Apr10 May10 Jun10 Jul10 Aug10 Sep10 Oct10 Nov10 Unit Sales Single Family Condo 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 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 4,012 369 9.2 182 $160,100 $163,000 10.9 547 13.6 775 186 This Month Last Year 3,906 417 10.7 179 $162,500 $160,000 9.4 561 14.4 731 191 Last Month 3,889 351 9.0 170 $147,500 $163,950 11.1 608 15.6 544 197 YTD 4,956 175 $162,700 6,854 8,800

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Page 1: Sarasota market stats nov

Sarasota MLSSM Statistics November 2010 Sarasota MLSSM Statistics November 2010

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

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

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

Single FamilyCondoMedian Sale Price

Source: Sarasota Association of Realtors®

0

100

200

300

400

500

600

700

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

Unit Sales Single FamilyCondo

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  ‐ 

 

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  4,012  369  9.2  182  $160,100  $163,000  10.9  547  13.6  775  186 

This Month Last Year 

3,906  417  10.7  179  $162,500  $160,000  9.4  561  14.4  731  191 

Last Month  3,889  351  9.0  170  $147,500  $163,950  11.1  608  15.6  544  197 

YTD  ‐  4,956  ‐  175  $162,700  ‐  ‐  6,854  ‐  8,800  ‐  

 

16 JANUARY 2011 Sarasota Realtor® Magazine www.sarasotarealtors.com

Page 2: Sarasota market stats nov

Sarasota MLSSM Statistics November 2010 Sarasota MLSSM Statistics November 2010

Median sales price is the middle value, where half of the homes sold for more, and half sold for less. Listings sold are 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.

Sarasota Association of Realtors® MLS

0

100

200

300

400

500

600

700

800

900

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

Pending SalesSingle FamilyCondo

Sarasota Association of Realtors® MLS

0

1,000

2,000

3,000

4,000

5,000

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

InventorySingle 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  93.2  94.3  94.5  ‐ 

 

Condo  

#Active  #Sold  %Sold Average DOM 

Median Sale Prices 

Median Last 12 Months 

Months ofInventory 

Pending Reported 

%Pending # New Listings 

# Off Market 

This Month  2,195  165  7.5  230  $159,000  $165,000  13.3  217  9.9  297  169 

This Month Last Year 

2,355  161  6.8  236  $178,750  $198,500  14.6  232  9.8  306  255 

Last Month  2,170  136  6.3  206  $158,525  $165,000  15.9  211  9.7  293  179 

YTD  ‐  1,950  ‐  207  $164,250  ‐  ‐  2,599  ‐  3,368  ‐  

www.sarasotarealtors.com Sarasota Realtor® Magazine JANUARY 2011 17

Page 3: Sarasota market stats nov

The Xtra Pages - D

igital Version OnlySarasota Association of Realtors® MLS

0

50

100

150

200

250

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

Days on Market Single Family

Condo

Sarasota Association of Realtors® MLS

0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0

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

Months of Inventory Single Family

Condo

0

200

400

600

800

1,000

1,200

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

New Listings Single Family

Condo

Source: Sarasota Association of Realtors® MLS

Sarasota Association of Realtors® MLS

$0$20,000,000$40,000,000$60,000,000$80,000,000$100,000,000$120,000,000$140,000,000$160,000,000$180,000,000$200,000,000

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

Sales Volume Single Family

Condo