Sar stats july2011

Sarasota MLSSM Statistics - July 2011 Sarasota MLSSM Statistics - July 2011

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of August 11th, 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

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 2011 94.5 94.1 94.7 94.1 94.2 94.3 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 2,829 445 15.7 174 $169,900 $156,000 6.4 609 21.5 311 212

This Month Last Year

3,877 374 9.7 176 $155,000 $162,000 10.4 487 12.5 730 223

Last Month 3,048 510 16.7 188 $175,000 $155,000 5.9 586 19.2 321 202

YTD ‐ 3,626 ‐ 181 $155,000 ‐ ‐ 4,864 ‐ 3,474 ‐

Source: Sarasota Association of Realtors®

$0

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$250,000

Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10 Jan‐11 Feb‐11 Mar‐11 Apr‐11 May‐11 Jun‐11 Jul‐11

Single Family

CondoMedian Sale Price


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Unit Sales Single FamilyCondo

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

Sarasota MLSSM Statistics - July 2011 Sarasota MLSSM Statistics - July 2011

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 1,656 154 9.3 200 $145,000 $162,250 10.7 190 11.5 199 225

This Month Last Year

2,177 151 6.9 203 $127,000 $175,000 14.4 166 7.6 261 189

Last Month 1,782 218 12.2 231 $185,000 $162,000 8.2 168 9.4 189 231

YTD ‐ 1,459 ‐ 215 $168,000 ‐ ‐ 1,633 ‐ 1,750 ‐

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

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 2011 93.4 91.2 92.2 93.4 94.5 94.2 92.5 ‐ ‐ ‐ ‐ ‐

Sarasota Association of Realtors® MLS

0100200300400500600700800900

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Pending SalesSingle FamilyCondo


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2,000

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InventorySingle FamilyCondo

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

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Months of Inventory Single FamilyCondo


$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


Sales Volume Single Family

Condo


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Days on Market Single Family

Condo

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New ListingsSingle Family

Condo

Source: Sarasota Association of Realtors® MLS


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2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Single Family Sales ‐ By Quarter REO Short Arm's Length


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2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Condo Sales ‐ By Quarter REO Short Arm's Length


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2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

REO Short Arm's LengthSingle Family Median Sale Price


$0

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2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

REO Short Arm's LengthCondo Median Sale Price

Second Quarter 2011 Report

* Homebuyer Tax Credit In Effect



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2008‐Q2 2008‐Q3 2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

REO Sales ‐ By Quarter Single FamilyCondo


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100150200250300350400

2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Short Sales ‐ By QuarterSingle Family

Condo


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2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Arm's Length Sales ‐ By QuarterSingle FamilyCondo




$132,300

$172,500$191,000

$226,000

$272,500

$351,000$342,000

$303,000

$230,000

$160,000 $163,000

$142,000

$145,000$173,000

$191,000

$225,000

$305,000$301,225

$336,250$320,000

$210,000

$163,000

Annual Median Sale Price ‐ 2000 to 2010 Condo Single Family

$132,300

$172,500$191,000

$226,000

$272,500

$351,000$342,000

$303,000

$230,000

$160,000 $163,000

$142,000

$145,000$173,000

$191,000

$225,000

$305,000$301,225

$336,250$320,000

$210,000

$163,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Annual Median Sale Price ‐ 2000 to 2010 Condo Single Family

Annual Sales ‐ 2000 to 2010Single Family Condo Total

9697

11267

10562

Single Family Condo Total

6 504

7,596

6,8416533

7036

8167

63586739

7603

4,3494,940

5,603

6,504

4,3533,922

4,6265,183

5,466

3 671 3 721

6533 63586042 5820

,

2,184 2,0962,564

3,1933,671 3,721

2,005 2,120

1,1941,556

2,137

1,194

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Sar stats july2011

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