Srmag june2011 stats

Sarasota MLSSM Statistics - June 2011 Sarasota MLSSM Statistics - June 2011

Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of July 11th, 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.

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 ‐ ‐ ‐ ‐ ‐ ‐

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 3,048 510 16.7 188 $175,000 $155,000 5.9 586 19.2 321 202

This Month Last Year

3,819 576 15.9 173 $175,000 $165,000 6.6 575 15.9 790 264

Last Month 3,148 546 17.3 192 $159,000 $155,990 5.8 609 19.3 434 186

YTD ‐ 3,144 ‐ 182 $153,750 ‐ ‐ 4,255 ‐ 3,163 ‐

Source: Sarasota Association of Realtors®

$0

$50,000

$100,000

$150,000

$200,000

$250,000

Jun‐10 Jul‐10 Aug‐10 Sep‐10 Oct‐10 Nov‐10 Dec‐10 Jan‐11 Feb‐11 Mar‐11 Apr‐11 May‐11 Jun‐11

Single Family

CondoMedian Sale Price


0

100

200

300

400

500

600

700


Unit Sales Single FamilyCondo

16 AUGUST 2011 Sarasota Realtor® Magazine www.sarasotarealtors.com

Sarasota MLSSM Statistics - June 2011 Sarasota MLSSM Statistics - June 2011

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.

Condo

#Active #Sold %Sold Average DOM

Median Sale Prices

Median Last 12 Months

Months ofInventory

Pending Reported

%Pending # New Listings

# Off Market

This Month 1,782 218 12.2 231 $185,000 $162,000 8.2 168 9.4 189 231

This Month Last Year

2,174 200 9.2 203 $145,000 $185,000 10.9 192 8.9 260 219

Last Month 1,862 250 13.4 228 $218,750 $160,000 7.4 232 12.4 212 211

YTD ‐ 1,299 ‐ 217 $170,000 ‐ ‐ 1,443 ‐ 1,551 ‐

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 ‐ ‐ ‐ ‐ ‐ ‐

Sarasota Association of Realtors® MLS

0100200300400500600700800900

1000


Pending SalesSingle FamilyCondo


0

1,000

2,000

3,000

4,000

5,000


InventorySingle FamilyCondo

www.sarasotarealtors.com Sarasota Realtor® Magazine AUGUST 2011 17

The Xtra Pages - D

igital Version OnlySarasota Association of Realtors® MLS

0

50

100

150

200

250


Days on Market Single Family

Condo


0.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

18.0


Months of Inventory Single FamilyCondo

0

100

200

300

400

500

600

700

800

900


New ListingsSingle Family

Condo

Source: 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


Sales Volume Single Family

Condo


0

200

400

600

800

1000

1200

2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Single Family Sales ‐ By Quarter REO Short Arm's Length


0

100

200

300

400

500

600

2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Condo Sales ‐ By Quarter REO Short Arm's Length


$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

REO Short Arm's LengthSingle Family Median Sale Price


$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

2008‐4thQ 2009‐1stQ 2009‐2ndQ 2009‐3rdQ 2009‐4thQ 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

REO Short Arm's LengthCondo Median Sale Price

Second Quarter 2011 Report

* Homebuyer Tax Credit In Effect



0

100

200

300

400

500

600

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

REO Sales ‐ By Quarter Single FamilyCondo


050

100150200250300350400

2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Short Sales ‐ By QuarterSingle Family

Condo


0

200

400

600

800

1000

1200

2008‐Q4 2009‐Q1 2009‐Q2 2009‐Q3 2009‐Q4 2010‐Q1 2010‐Q2 2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2

Arm's Length Sales ‐ By QuarterSingle FamilyCondo




$132,300

$172,500$191,000

$226,000

$272,500

$351,000$342,000

$303,000

$230,000

$160,000 $163,000

$142,000

$145,000$173,000

$191,000

$225,000

$305,000$301,225

$336,250$320,000

$210,000

$163,000

Annual Median Sale Price ‐ 2000 to 2010 Condo Single Family

$132,300

$172,500$191,000

$226,000

$272,500

$351,000$342,000

$303,000

$230,000

$160,000 $163,000

$142,000

$145,000$173,000

$191,000

$225,000

$305,000$301,225

$336,250$320,000

$210,000

$163,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Annual Median Sale Price ‐ 2000 to 2010 Condo Single Family

Annual Sales ‐ 2000 to 2010Single Family Condo Total

9697

11267

10562

Single Family Condo Total

6 504

7,596

6,8416533

7036

8167

63586739

7603

4,3494,940

5,603

6,504

4,3533,922

4,6265,183

5,466

3 671 3 721

6533 63586042 5820

,

2,184 2,0962,564

3,1933,671 3,721

2,005 2,120

1,1941,556

2,137

1,194

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

Real Estate

Srmag june2011 stats