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Sarasota MLSSM Statistics - March 2013 Sarasota MLSSM Statistics - March 2013
Statistics were compiled on properties listed in the MLS by members of the Sarasota Association of Realtors® as of April 10th, 2013,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
2012 95.4 94.2 94.6 94.7 95.1 95.2 94.2 95.3 95.2 95.4 95.6 95.3 2013 96.2 96.4 96.8 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
Single Family
#Active #Sold %Sold AverageDOM
Median Sale Prices
Median Last 12 Months
Months Inventory
Pending Reported %Pending # New
Listings # Off Market
This Month 2,414 628 26.0 146 $210,000 $180,000 3.8 887 36.7 805 132 This
Month Last Year
2,887 596 20.6 175 $174,900 $161,000 4.8 822 28.5 788 144
Last Month 2,504 504 20.1 144 $184,500 $177,157 5.0 793 31.7 866 148
YTD ‐ 1,624 ‐ 143 $197,000 ‐ ‐ 2,438 ‐ 2,659 ‐
Source: Sarasota Association of Realtors®
$0
$50,000
$100,000
$150,000
$200,000
$250,000
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Single Family
CondoMedian Sale Price
Source: Sarasota Association of Realtors®
0
100
200
300
400
500
600
700
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Unit Sales Single Family
Condo
16 MAY 2013 Sarasota Realtor® Magazine www.sarasotarealtors.com
Sarasota MLSSM Statistics - March 2013 Sarasota MLSSM Statistics - March 2013
Median sales price is the middle value, where half of the homes sold for more, and half sold for less. Listings sold were closed transactions 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 1,229 259 21.1 165 $182,000 $174,000 4.7 334 27.2 299 94 This
Month Last Year
1,576 235 14.9 187 $192,000 $162,500 6.7 369 23.4 372 145
Last Month 1,286 229 17.8 171 $173,000 $174,900 5.6 345 26.8 325 106
YTD ‐ 648 ‐ 168 $166,450 ‐ ‐ 968 ‐ 1,022 ‐
Sarasota Association of Realtors® MLS
0100200300400500600700800900
1000
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Pending Sales Single FamilyCondo
Sarasota Association of Realtors® MLS
0
500
1,000
1,500
2,000
2,500
3,000
3,500
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
InventorySingle FamilyCondo
Condo – Sale Price Vs. List Price % Rates Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec
2012 93.1 93.5 94.2 94.3 93.8 93.8 94.6 94.1 94.2 94.4 95.4 94.8 2013 95.4 95.4 95.2 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐
www.sarasotarealtors.com Sarasota Realtor® Magazine MAY 2013 17
The Xtra Pages - D
igital Version Only
Sarasota Association of Realtors® MLS
0.01.02.03.04.05.06.07.08.09.0
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Months of Inventory Single FamilyCondo
Sarasota Association of Realtors® MLS
$0
$50,000,000
$100,000,000
$150,000,000
$200,000,000
$250,000,000
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Sales Volume Single Family
Condo
Sarasota Association of Realtors® MLS
0
50
100
150
200
250
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
Days on Market Single Family
Condo
Source: Sarasota Association of Realtors® MLS
0
200
400
600
800
1,000
1,200
Mar‐12 Apr‐12 May‐12 Jun‐12 Jul‐12 Aug‐12 Sep‐12 Oct‐12 Nov‐12 Dec‐12 Jan‐13 Feb‐13 Mar‐13
New Listings Single FamilyCondo
First Quarter 2013 Report
Source: Sarasota Association of Realtors®
0
200
400
600
800
1000
1200
1400
2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4 2013‐Q1
Single Family Sales ‐ By Quarter REO Short Market
Source: Sarasota Association of Realtors®
0
100
200
300
400
500
600
700
2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4 2013‐Q1
Condo Sales ‐ By Quarter REO Short Market
Source: Sarasota Association of Realtors®
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4 2013‐Q1
REO Short MarketSingle Family Median Sale Price
Source: Sarasota Association of Realtors®
$0
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
2010‐Q3 2010‐Q4 2011‐Q1 2011‐Q2 2011‐Q3 2011‐Q4 2012‐Q1 2012‐Q2 2012‐Q3 2012‐Q4 2013‐Q1
REO Short MarketCondo Median Sale Price