Sarasota MLSSM Statistics August 2010
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Sarasota MLSSM Statistics August 2010
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August2010 stats

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August property sales up; prices remain stable

The Sarasota Real Estate

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August2010 stats

  1. 1. Sarasota MLSSM Statistics August 2010 Single Family Unit Sales Condo 700 600 500 400 300 200 100 0 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Single Family Median Sale Price Condo $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 $0 Aug‐09 Sep‐09 Oct.09 Nov. 09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Single Family    Average  Median  Median Last  Months  Pending  # New  # Off  #Active  #Sold  %Sold  %Pending  DOM  Sale Prices  12 Months  Inventory  Reported  Listings  Market  This  Month  3,887  408  10.5  178  $154,500  $161,000  9.5  599  15.4  806  215  This  Month  3,949  382  9.7  179  $155,000  $165,000  10.34  621  15.7  792  185  Last Year  Last  Month  3,877  374  9.7  176  $155,000  $162,000  10.4  487  12.5  730  223  YTD  ‐  3,633  ‐  176  $162,500  ‐  ‐  5,146  ‐  6,888  ‐      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  ‐  ‐  ‐  ‐    Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Sept. 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.
  2. 2. Sarasota MLSSM Statistics August 2010 Single Family Inventory Condo 5,000 4,000 3,000 2,000 1,000 0 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Single Family Pending Sales Condo 900 800 700 600 500 400 300 200 100 0 Aug‐09 Sep‐09 Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Condo    Average  Median Sale  Median Last  Months of Pending  # New  # Off  #Active  #Sold  %Sold  %Pending  DOM  Prices  12 Months  Inventory  Reported  Listings  Market  This  Month  2,152  159  7.4  193  $155,000  $169,900  13.5  217  10.1  254  169  This  Month  2,343  114  4.9  230  $285,000  $200,000  20.5  209  8.9  203  257  Last Year  Last  Month  2,177  151  6.9  203  $127,000  $175,000  14.4  166  7.6  261  189  YTD  ‐  1,467  ‐  204  $166,000  ‐  ‐  1,980  ‐  2,516  ‐    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  ‐  ‐  ‐  ‐    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.

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