Monthly market update for Sarasota November 2010 October stats
Sarasota market stats nov
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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®
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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
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
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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
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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
The Xtra Pages - D
igital Version OnlySarasota Association of Realtors® MLS
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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
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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
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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