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© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowe (941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com Re/Max Platinum Realty Sarasota County Monthly Market Report October 2010 Begin Your Journey With Us…

Monthly market update for Sarasota November 2010 October stats

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Page 1: Monthly market update for Sarasota November 2010 October stats

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Re/Max Platinum RealtySarasota County

Monthly Market ReportOctober 2010

Begin Your Journey With Us…

Page 2: Monthly market update for Sarasota November 2010 October stats

Sarasota # of Active Listings 2009 and 2010

January

Febru

ary

Marc

hApril

May

June

July

August

September

October

0100020003000400050006000700080009000

10000

2009 Active Listings2010 Active Listings

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 3: Monthly market update for Sarasota November 2010 October stats

Sarasota Average List Price of Active Listings 2009 and 2010

January

Febru

ary

Marc

hApril

May

June

July

August

September

October

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

2009 Avg. List Price

2010 Avg. List Price

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 4: Monthly market update for Sarasota November 2010 October stats

Sarasota # of Pending Contracts 2009 and 2010

January

Febru

ary

Marc

hApril

May

June

July

August

September

0

200

400

600

800

1000

1200

2009 Listings2010 Listings

Series1

Series2

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 5: Monthly market update for Sarasota November 2010 October stats

Sarasota # of Sold Listings 2009 and 2010

All Sold Listings

January

March

May July

September

November

0

100

200

300

400

500

600

700

800

2009 Listings2010 Listings

$750,000+ Sold Listings

January

March

May July

September

November

0

10

20

30

40

50

60

70

2009 $750K+ Listings2010 $750K+ Listings

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 6: Monthly market update for Sarasota November 2010 October stats

Sarasota Average Sale Price 2009 and 2010

All Sold Listings

January

March M

ayJu

ly

September

November$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

2009 Avg. Sale Price

2010 Avg. Sale Price

$750,000+ Sold Listings

January

March M

ayJu

ly

September

November$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

$1,400,000

$1,600,000

2009 $750K+ Avg Sale Price

2010 $750K+ Avg. Sale Price

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 7: Monthly market update for Sarasota November 2010 October stats

Sarasota Avg. Days on Market 2009 and 2010

All Sold Listings

January April July

October

0

50

100

150

200

250

2009 Listings2010 Listings

$750,000+ Sold Listings

January April July

October

0

50

100

150

200

250

300

350

400

450

2009 $750K+ Listings2010 $750K+ Listings

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 8: Monthly market update for Sarasota November 2010 October stats

Sarasota Condo Stats3 Months a/o 7/31/10

Lakewood Ranch

Lido/St. Armand

Longboat Key

Nokomis North Port Osprey Sarasota Siesta Key Venice

Active Listings 43 71 440 41 57 64 1375 375 497Contract Pending 32 6 29 6 18 11 327 48 46Avg. Sold Price

$193,222 $649,881 $654,326 $169,800 $96,238 $254,640 $234,988 $462,496 $177,060

Avg DOM for Sold 231 231 253 335 265 294 142 214 214Closed Listings 36 19 66 10 21 16 466 69 143Current Mo. Closed Listings

11 1 19 1 4 3 115 13 29

Current Month Supply

4 71 23 41 14 21 12 29 17

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 9: Monthly market update for Sarasota November 2010 October stats

Sarasota Condo Stats 3 Months a/o 8/31/10

Lakewood Ranch

Lido/ St. Armand

Longboat Key Nokomis North Port Osprey Sarasota Siesta Key Venice

Active Listings 43 71 440 41 57 64 1375 375 497Contract Pending 32 6 29 6 18 11 327 48 46Avg. Sold Price

$193,222 $649,881 $654,326 $169,800 $96,238 $254,640 $234,988 $462,496 $177,060

Avg. DOM for Sold 231 231 253 335 265 294 142 214 214Closed Listings 36 19 66 10 21 16 466 69 143Current Mo. Closed Listings

11 1 19 1 4 3 115 13 29

Current Month Supply

4 71 23 41 14 21 12 29 17

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 10: Monthly market update for Sarasota November 2010 October stats

Sarasota Condo Stats 3 Months a/o 9/30/10

Lakewood Ranch

Lido/ St. Armand

Longboat Key Nokomis North Port Osprey Sarasota Siesta Key Venice

Active Listings 55 69 450 47 63 65 1610 412 490Contract Pending 28 9 42 6 12 14 346 40 58Avg. Sold Price

$196,091 $572,533 $612,458 $131,880 $103,630 $252,642 $216,868 $442,364 $150,102

Avg. DOM for Sold 218 134 234 189 243 372 202 270 229Closed Listings 23 9 51 5 23 7 334 53 71Current Mo. Closed Listings

5 3 19 1 7 1 97 14 24

Current Month Supply

11 23 24 47 9 65 17 29 20

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 11: Monthly market update for Sarasota November 2010 October stats

Sarasota Single Family Home Stats 3 Months a/o 7/31/10

Bird Key Casey Key Lakewood Ranch

Lido/ St. Armand

Longboat Key

Nokomis North Port

Osprey Sarasota Siesta Key Venice

Active Listings 42 63 206 36 145 223 617 156 1469 159 636Contract Pending 2 1 88 8 11 57 414 27 637 31 198Avg. Sold Price

1,015,000 3,000,000 $399,491 1,819,714 1,200,425 $274,217 $97,938 $421,712 $310,280 1,063,890 191,462

Avg. DOM for Sold

197 451 184 343 309 194 121 190 118 228 179

Closed Listings 4 4 128 7 20 66 487 30 713 42 300Current Mo. Closed Listings

2 1 33 2 6 14 120 5 160 9 77

Current Month Supply

21 63 6 18 24 16 5 31 9 18 8

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 12: Monthly market update for Sarasota November 2010 October stats

Sarasota Single Family Home Stats 3 Months a/o 8/31/10

Bird Key Casey Key Lakewood Ranch

Lido/ St. Armand

Longboat Key

Nokomis North Port

Osprey Sarasota Siesta Key Venice

Active Listings 42 62 200 36 148 219 682 154 1689 158 665Contract Pending 6 1 84 6 6 65 403 25 676 35 195Avg. Sold Price

1,156,667 4,275,000 $406,969 1,016,613 1,191,139 $254,071 $98,465 $420,497 $272,885 $757,352 $188,288

Avg. DOM for Sold

234 868 129 329 237 152 76 148 116 230 113

Closed Listings 3 1 107 8 18 31 421 31 660 29 256Current Mo. Closed Listings

0 0 27 4 6 5 116 8 205 6 65

Current Month Supply

n/a n/a 7 9 25 44 6 19 8 26 10

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 13: Monthly market update for Sarasota November 2010 October stats

Sarasota Single Family Home Stats 3 Months a/o 9/30/10

Bird Key Casey Key Lakewood Ranch

Lido/ St. Armand

Longboat Key

Nokomis North Port

Osprey Sarasota Siesta Key Venice

Active Listings 45 46 198 34 150 230 744 157 1808 174 589Contract Pending 6 2 74 5 10 57 378 26 650 35 177Avg. Sold Price

1,333,333 4,701,000 $409,851 $973,737 1,127,892 $265,406 $95,425 $414,688 $254,844 $717,095 $181,073

Avg. DOM for Sold

346 845 179 420 346 183 139 219 181 272 162

Closed Listings 3 2 88 8 14 53 369 21 557 23 214Current Mo. Closed Listings

1 1 27 2 2 19 130 8 183 8 69

Current Month Supply

45 46 7 17 75 12 6 20 10 22 9

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 14: Monthly market update for Sarasota November 2010 October stats

Sarasota Active Listings 2010 and 2011

All Active Listings

Jan Mar

May Ju

lySe

ptNov

0

1000

2000

3000

4000

5000

6000

20102011

$750,000+ Active Listings

Jan AprJu

ly Oct0

100200300400500600700800900

1000

2010 $750K+ Listings2011 $750K+ Listings2

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 15: Monthly market update for Sarasota November 2010 October stats

Sarasota Average List Price of Active Listings 2010 and 2011

All Active Listings

January April Ju

ly

October

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

2010 Avg. List Price

2011 Avg. List Price2

$750,000+ Active Listings

January April Ju

ly

October

$0 $200,000 $400,000 $600,000 $800,000

$1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000

2010 $750K+ Avg List Price

2011 $750K+ Avg. List Price

© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com© 2010 Bryan Guentner and Re/Max Platinum Realty, All Rights Reserved, No duplication Allowed

(941)-929-9090 www.PlatinumRealtyFlorida.com, www.WaterfrontLifestyle.com

Page 16: Monthly market update for Sarasota November 2010 October stats

Sarasota # of Pending Contracts 2009 and 2010

All Pending Listings

January April Ju

ly

October

0

200

400

600

800

1000

1200

1400

1600

2010 Listings2011 Listings

$750,000+ Pending Listings

January April Ju

ly

October

0102030405060708090

2010 $750K+ Listings2011 $750K+ Listings