Sarasota Market Stats - October 2010

1. Sarasota MLSSM
Statistics October 2010
Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of Nov. 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
100
200
300
400
500
600
700
Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10
Unit Sales Single Family
Condo
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Oct.09 Nov. 09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10
Single Family
CondoMedian Sale Price
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 ‐ ‐
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
3,899 351 9.0 170 $147,500 $163,950 11.1 608 15.6 544 197
This
Month
Last Year
3,895 419 10.8 186 $151,000 $160,000 9.3 601 15.4 805 212
Last
Month
4,007 404 9.9 179 $155,500 $164,000 9.9 553 13.8 824 230
YTD ‐ 4,583 ‐ 174 $163,000 ‐ ‐ 6,307 ‐ 8,256 ‐
16 DECEMBER 2010 Sarasota Realtor® Magazine www.sarasotarealtors.com

2. Sarasota MLSSM
Statistics October 2010
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.
Sarasota Association of Realtors® MLS
0
1,000
2,000
3,000
4,000
5,000
Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10
Inventory
Single Family
Condo
0
100
200
300
400
500
600
700
800
900
Oct‐09 Nov‐09 Dec‐09 Jan‐10 Feb‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10
Pending Sales
Single Family
Condo
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 ‐ ‐
Condo
#Active #Sold %Sold
Average
DOM
Median Sale
Prices
Median Last
12 Months
Months of
Inventory
Pending
Reported
%Pending
# New
Listings
# Off
Market
This
Month
2,170 136 6.3 206 $158,525 $165,000 15.9 211 9.7 293 179
This
Month
Last Year
2,331 155 6.6 250 $220,000 $199,450 15.0 238 10.2 331 235
Last
Month
2,156 143 6.6 209 $150,450 $169,000 15.1 191 8.9 262 189
YTD ‐ 1,784 ‐ 205 $165,000 ‐ ‐ 2,382 ‐ 3,071 ‐
www.sarasotarealtors.com Sarasota Realtor® Magazine DECEMBER 2010 17