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Local real estate market continues strong spring surge
1. Sarasota MLSSM Statistics - April 2011
Single Family
Unit Sales Condo
700
600
500
400
300
200
100
0
Aprâ10 Mayâ10 Junâ10 Julâ10 Augâ10 Sepâ10 Octâ10 Novâ10 Decâ10 Janâ11 Febâ11 Marâ11 Aprâ11
Single Family
Median Sale Price
Condo
$250,000
$200,000
$150,000
$100,000
$50,000
$0
Aprâ10 Mayâ10 Junâ10 Julâ10 Augâ10 Sepâ10 Octâ10 Novâ10 Decâ10 Janâ11 Febâ11 Marâ11 Aprâ11
Single FamilyÂ
 Average Median Median Last Months Pending # New # OffÂ
#Active #Sold %Sold %PendingÂ
DOM Sale Prices 12 Months Inventory Reported Listings MarketÂ
ThisÂ
MonthÂ
3,321Â 533Â 16.0Â 169Â $155,430Â $158,000Â 6.2Â 687Â 20.7Â 512Â 166Â
ThisÂ
Month 3,891 529 13.6 175 $165,000 $163,800 7.3 816 21.0 920 224Â
Last YearÂ
LastÂ
MonthÂ
3,486Â 580Â 16.6Â 183Â $159,250Â $159,950Â 6.0Â 889Â 25.5Â 523Â 176Â
YTD â 2,020 â 176 $149,900 â â 3,060 â 2,408 âÂ
Â
 Single Family â Sale Price Vs. List Price % Rates
 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov DecÂ
2010Â 94.4Â 92.8Â 95.2Â 94.8Â 95.2Â 95.3Â 94.7Â 95.2Â 94.6Â 95.2Â 94.8Â 94.1Â
2011 94.5 94.1 94.7 94.1 â â â â â â â âÂ
Â
Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of RealtorsÂŽ as of May 10th, 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.
Source: Sarasota Association of RealtorsÂŽ
16 JUNE 2011 Sarasota RealtorÂŽ Magazine www.sarasotarealtors.com
2. Sarasota MLSSM Statistics - April 2011
Single Family
Inventory Condo
5,000
4,000
3,000
2,000
1,000
0
Aprâ10 Mayâ10 Junâ10 Julâ10 Augâ10 Sepâ10 Octâ10 Novâ10 Decâ10 Janâ11 Febâ11 Marâ11 Aprâ11
Single Family
Pending Sales Condo
1000
900
800
700
600
500
400
300
200
100
0
Aprâ10 Mayâ10 Junâ10 Julâ10 Augâ10 Sepâ10 Octâ10 Novâ10 Decâ10 Janâ11 Febâ11 Marâ11 Aprâ11
CondoÂ
 Average Median Sale Median Last Months of Pending # New # OffÂ
#Active #Sold %Sold %PendingÂ
DOM Prices 12 Months Inventory Reported Listings MarketÂ
ThisÂ
MonthÂ
1,937Â 226Â 11.7Â 230Â $185,500Â $160,000Â 8.6Â 272Â 14.0Â 224Â 197Â
ThisÂ
Month 2,269 228 10.0 203 $193,175 $192,000 9.9 344 15.2 354 212Â
Last YearÂ
LastÂ
MonthÂ
2,015Â 220Â 10.9Â 195Â $173,000Â $160,000Â 9.2Â 319Â 15.8Â 280Â 212Â
YTD â 821 â 211 $165,000 â â 1,043 â 1,150 âÂ
Â
Condo â Sale Price Vs. List Price % Rates
 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov DecÂ
2010Â 92.5Â 92.4Â 92.5Â 93.2Â 94.2Â 93.7Â 94.2Â 93.5Â 93.2Â 94.3Â 94.5Â 92.9Â
2011 93.4 91.2 92.2 93.4 â â â â â â â âÂ
Â
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 RealtorsÂŽ MLS
www.sarasotarealtors.com Sarasota RealtorÂŽ Magazine JUNE 2011 17