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Sarasota MLSSM Statistics - July 2011
                                                                                                                 Single Family
                                                                            Unit Sales                           Condo

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
                                                                  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 of
single-family and villa. Condo statistics include condo, co-op, and townhouse.

                                                                                                          Source: Sarasota Association of Realtors®
Sarasota MLSSM Statistics - July 2011
                                                                                                            Single Family
                                                                         Inventory                          Condo
5,000

4,000

3,000

2,000

1,000

    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                          Condo
1000
 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. 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
Single Family
                                              Months of Inventory




                                                                                                                                 The Xtra Pages - Digital Version Only
                                                                                              Condo
18.0
16.0
14.0
12.0
10.0
 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
                                                                                      Condo
250

200

150

100

 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 
Second Quarter 2011 Report
                                 Single Family Sales ‐ By Quarter                                          REO           Short      Arm's Length
1200
1000
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

                                 Condo Sales ‐ By Quarter                                                     REO        Short      Arm's Length
600
500
400
300
200
100
  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       Arm's 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        Arm's 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
Single Family
                                   REO Sales ‐ By Quarter                               Condo
600
500
400
300
200
100
 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                               Condo
400
350
300
250
200
150
100
 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
                               Arm's Length Sales ‐ By Quarter                          Condo
1200
1000
 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®
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        2010




Annual 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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Sar stats july2011

  • 1. Sarasota MLSSM Statistics - July 2011 Single Family Unit Sales Condo 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 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 of single-family and villa. Condo statistics include condo, co-op, and townhouse. Source: Sarasota Association of Realtors®
  • 2. Sarasota MLSSM Statistics - July 2011 Single Family Inventory Condo 5,000 4,000 3,000 2,000 1,000 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 Condo 1000 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. 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
  • 3. Single Family Months of Inventory The Xtra Pages - Digital Version Only Condo 18.0 16.0 14.0 12.0 10.0 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 Condo 250 200 150 100 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. Second Quarter 2011 Report Single Family Sales ‐ By Quarter REO Short Arm's Length 1200 1000 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 Condo Sales ‐ By Quarter REO Short Arm's Length 600 500 400 300 200 100 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 Arm's 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 Arm's 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. Single Family REO Sales ‐ By Quarter Condo 600 500 400 300 200 100 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 Condo 400 350 300 250 200 150 100 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 Arm's Length Sales ‐ By Quarter Condo 1200 1000 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. 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 2010 Annual 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