Real Estate Questions? What is the average price of homes selling? (Sarasota: short sales, condos)

[JennySquirrel]

I was curious with the market so depressed, what is the average price of homes that are selling? How long do they sit on the market and how much are they getting compaired to what they are asking?

I am hearing prices are down 9% from last year.

Just curious to see what is moving here

[SoFLGal]

Originally Posted by JennySquirrel

I was curious with the market so depressed, what is the average price of homes that are selling? How long do they sit on the market and how much are they getting compaired to what they are asking?

I am hearing prices are down 9% from last year.

Just curious to see what is moving here

Depends on the area. Jenny, which area(s) are you referring to? It can vary greatly. Let me know and I'll post the stats

[MBMEX]

Post the stats please SoFLGal

[JennySquirrel]

Sarasota , Venice, North Port I am just curious to see which priced homes are selling and how long they are sitting on the market and what the people got VS what they were asking. I think it is interesting to see plus for people buying/selling it will give them an idea of what is moving.

Thanks!

[SoFLGal]

Originally Posted by JennySquirrel

Sarasota , Venice, North Port I am just curious to see which priced homes are selling and how long they are sitting on the market and what the people got VS what they were asking. I think it is interesting to see plus for people buying/selling it will give them an idea of what is moving.

Thanks!

Give me a few mins and I'll look it up. I have to look up each city and each month. I'll post when I'm done

[JennySquirrel]

Thanks! You are always have the answers

[SoFLGal]

North Port-including single family homes, townhomes, manufactured homes, condos, etc

I think the longer DOM has to do with the amount of short sales and the extended wait time for them to close. I’ll post each city as I complete them

June, 2007-July, 2007, Average list price $195,168, Average sales price, $184,960, Average DOM 163, 90 properties sold

July, 2007-Aug, 2007, Average list price $193,619, Average sales price, $182,651, Average DOM 181, 103 properties sold

Aug, 2007-Sept, 2007, Average list price $200,594, Average sales price, $194,031, Average DOM 162, 103 properties sold

Sept, 2007-Oct, 2007, Average list price $200,792, Average sales price, $188,567, Average DOM 166, 83 properties sold

Oct, 2007-Nov, 2007, Average list price $202,754, Average sales price, $191,032, Average DOM 155, 73 properties sold

Nov, 2007-Dec, 2007, Average list price $192,565, Average sales price, $180,477, Average DOM 170, 91 properties sold

Dec, 2007-Jan, 2008, Average list price $151,906, Average sales price, $143,839, Average DOM 172, 75 properties sold

Jan, 2008-Feb, 2008, Average list price $153,641, Average sales price, $145,070, Average DOM 144, 76 properties sold

Feb, 2008-Mar, 2008, Average list price $154,726, Average sales price, $143,493, Average DOM 143, 91 properties sold

Mar, 2008-Apr, 2008, Average list price $162,365, Average sales price, $150,596, Average DOM 157, 132 properties sold

Apr, 2008-May, 2008, Average list price $154,844, Average sales price, $145,136, Average DOM 141, 138 properties sold

May, 2008-June, 2008, Average list price $162,916, Average sales price, $152,190, Average DOM 147, 159 properties sold

June, 2008-July, 2008, Average list price $160,652, Average sales price, $149,107, Average DOM 145, 105 properties sold

July, 2008-Aug, 2008, Average list price $132,879, Average sales price, $124,806, Average DOM 142, 145 properties sold

Aug, 2008-Sept, 2008, Average list price $131,233, Average sales price, $122,825, Average DOM 130, 127 properties sold

Sept, 2008-Oct, 2008, Average list price $136,367, Average sales price, $127,947, Average DOM 130, 116 properties sold

Oct, 2008-Nov, 2008, Average list price $124,213, Average sales price, $117,257, Average DOM 119, 132 properties sold

Nov, 2008-Dec, 2008, Average list price $113,231, Average sales price, $108,322, Average DOM 120, 119 properties sold

Dec, 2008-Jan, 2009, Average list price $109,926, Average sales price, $102,899, Average DOM 115, 139 properties sold

Jan, 2009-Feb, 2009, Average list price $111,099, Average sales price, $105,145, Average DOM 137, 131 properties sold

Feb, 2009-Mar, 2009, Average list price $106,940, Average sales price, $101,033, Average DOM 150, 147 properties sold

Mar, 2009-Apr, 2009, Average list price $106,653, Average sales price, $101,014, Average DOM 124, 185 properties sold

Apr, 2009-May, 2009, Average list price $114,081, Average sales price, $106,690, Average DOM 122, 184 properties sold

May, 2009-June, 2009, Average list price $112,977, Average sales price, $106,389, Average DOM 166, 163 properties sold

[JennySquirrel]

You are amazing Thanks

[SoFLGal]

Sarasota stats-Single family, townhomes, condos, mobiles, etc:

June, 2007-July, 2007, Average list price $661,967, Average sales price, $611,750, Average DOM 191, 364 properties sold

July, 2007-Aug, 2007, Average list price $518,006, Average sales price, $475,405, Average DOM 190, 374 properties sold

Aug, 2007-Sept, 2007, Average list price $502,556, Average sales price, $448,734, Average DOM 204, 270 properties sold

Sept, 2007-Oct, 2007, Average list price $200,792, Average sales price, $188,567, Average DOM 166, 221 properties sold

Oct, 2007-Nov, 2007, Average list price $495,306, Average sales price, $443,406, Average DOM 193, 250 properties sold

Nov, 2007-Dec, 2007, Average list price $502,668, Average sales price, $451,259, Average DOM 201, 214 properties sold

Dec, 2007-Jan, 2008, Average list price $519,901, Average sales price, $471,852, Average DOM 213, 229 properties sold

Jan, 2008-Feb, 2008, Average list price $532,501, Average sales price, $470,893, Average DOM 54, 239 properties sold

Feb, 2008-Mar, 2008, Average list price $463,532, Average sales price, $411,264, Average DOM 212, 271 properties sold

Mar, 2008-Apr, 2008, Average list price $439,300, Average sales price, $388,032, Average DOM 202, 318 properties sold

Apr, 2008-May, 2008, Average list price $461,399, Average sales price, $411,998, Average DOM 223, 362 properties sold

May, 2008-June, 2008, Average list price $478,476, Average sales price, $427,236, Average DOM 201, 411 properties sold

June, 2008-July, 2008, Average list price $486,654, Average sales price, $434,554, Average DOM 183, 377 properties sold

July, 2008-Aug, 2008, Average list price $389,237, Average sales price, $356,393, Average DOM 86, 355 properties sold

Aug, 2008-Sept, 2008, Average list price $404,305, Average sales price, $360,014, Average DOM 202, 287 properties sold

Sept, 2008-Oct, 2008, Average list price $368,846, Average sales price, $333,518, Average DOM 172, 313 properties sold

Oct, 2008-Nov, 2008, Average list price $312,333, Average sales price, $280,216, Average DOM 168, 290 properties sold

Nov, 2008-Dec, 2008, Average list price $314,973, Average sales price, $275,484, Average DOM 175, 259 properties sold

Dec, 2008-Jan, 2009, Average list price $334,062, Average sales price, $298,144, Average DOM 195, 295 properties sold

Jan, 2009-Feb, 2009, Average list price $256,686, Average sales price, $232,363, Average DOM 174, 253 properties sold

Feb, 2009-Mar, 2009, Average list price $263,435, Average sales price, $231,872, Average DOM 157, 277 properties sold

Mar, 2009-Apr, 2009, Average list price $262,143, Average sales price, $232,524, Average DOM 194, 387 properties sold

Apr, 2009-May, 2009, Average list price $274,905, Average sales price, $244,603, Average DOM 180, 426 properties sold

May, 2009-June, 2009, Average list price $298,958, Average sales price, $268,140, Average DOM 184, 402 properties sold

[JennySquirrel]

Thank You so much! It's showing me thta it looks like the bottom has hit and we are on the up swing now