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Sar stats july2011

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Members of the Sarasota Association of Realtors
®
reported 599 property sales in July, which was
14.3 percent higher than the July 2010 total of 525 sales.

Published in: Business, Real Estate
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Sar stats july2011

  1. 1. Sarasota MLSSM Statistics - July 2011 Single Family Unit Sales Condo700600500400300200100 0 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 Median Sale Price Condo$250,000$200,000$150,000$100,000 $50,000 $0 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    Average  Median  Median Last  Months  Pending  # New  # Off  #Active  #Sold  %Sold  %Pending  DOM  Sale Prices  12 Months  Inventory  Reported  Listings  Market  This  Month  2,829  445  15.7  174  $169,900  $156,000  6.4  609  21.5  311  212  This  Month  3,877  374  9.7  176  $155,000  $162,000  10.4  487  12.5  730  223  Last Year  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  ‐      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  ‐  ‐  ‐  ‐  ‐   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 ofsingle-family and villa. Condo statistics include condo, co-op, and townhouse. Source: Sarasota Association of Realtors®
  2. 2. Sarasota MLSSM Statistics - July 2011 Single Family Inventory Condo5,0004,0003,0002,0001,000 0 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 Pending Sales Condo1000 900 800 700 600 500 400 300 200 100 0 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 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  1,656  154  9.3  200  $145,000  $162,250  10.7  190  11.5  199  225  This  Month  2,177  151  6.9  203  $127,000  $175,000  14.4  166  7.6  261  189  Last Year  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  ‐  ‐  ‐  ‐  ‐   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. Eventhough some pending sales never close, pending sales are an indicator of current buyer activity. DOM indicates the average number ofdays that sold properties were on the market before a contract was executed. Sarasota Association of Realtors® MLS
  3. 3. Single Family Months of Inventory The Xtra Pages - Digital Version Only Condo18.016.014.012.010.0 8.0 6.0 4.0 2.0 0.0 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 Days on Market Condo250200150100 50 0 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 New Listings Condo 900 800 700 600 500 400 300 200 100 0 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 Sales Volume Condo $180,000,000  $160,000,000  $140,000,000  $120,000,000  $100,000,000  $80,000,000  Sarasota Association of Realtors® MLS $60,000,000  $40,000,000  $20,000,000  $0 
  4. 4. Second Quarter 2011 Report Single Family Sales ‐ By Quarter REO Short Arms Length12001000800600400200 0 2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 * Homebuyer Tax Credit In Effect Condo Sales ‐ By Quarter REO Short Arms Length600500400300200100 0 2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 * Homebuyer Tax Credit In Effect Single Family Median Sale Price REO Short Arms Length$300,000 $250,000 $200,000 $150,000 $100,000  $50,000  $0  2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 Condo Median Sale Price REO Short Arms Length$350,000 $300,000 $250,000 $200,000 $150,000 $100,000  Source: Sarasota Association of Realtors® $50,000  $0  2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2
  5. 5. Single Family REO Sales ‐ By Quarter Condo600500400300200100 0 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 * Homebuyer Tax Credit In Effect Single Family Short Sales ‐ By Quarter Condo400350300250200150100 50 0 2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 * Homebuyer Tax Credit In Effect Single Family Arms Length Sales ‐ By Quarter Condo12001000 800 600 400 200 0 2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 * Homebuyer Tax Credit In Effect Source: Sarasota Association of Realtors®
  6. 6. Annual Sales ‐ 2000 to 2010 Single Family Single Family Condo Total 11267 10562 9697 8167 7,596 7603 7036 6,841 6533 6739 6,504 6 504 6358 6042 5820 5,603 5,466 5,183 4,940 4,626 4,349 4,353 3,721 3 721 3,922 , 3,671 3 671 3,193 2,564 2,184 2,096 2,005 2,120 2,137 1,556 1,194 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010Annual Median Sale Price ‐ 2000 to 2010  Condo Single Family $351,000 $342,000 $336,250 $320,000 $272,500 $301,225 $305,000 $226,000 $225,000 $303,000 $191,000 $210,000 $172,500 $191,000 $230,000 $163,000$142,000 $173,000 $145,000 $160,000 $163,000 $132,300 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

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