Monthly Market Update for Sarasota and Manatee Counties September 2010

© 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 ReportSeptember 2010

Begin Your Journey With Us…

Sarasota # of Active Listings 2009 and 2010

January

Febru

ary

Marc

hApril

May

June

July

August

September

0100020003000400050006000700080009000

10000

2009 Active Listings2010 Active Listings


Sarasota Average List Price of Active Listings 2009 and 2010

January

Febru

ary

Marc

hApril

May

June

July

August

September

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000

$400,000

2009 Avg. List Price



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


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


$750,000+ Sold Listings

January

March

May July

September

November

0

10

20

30

40

50

60

70

2009 $750K+ Listings2010 $750K+ Listings


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


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


Sarasota Avg. Days on Market 2009 and 2010

All Sold Listings

January April July

October

0

50

100

150

200

250



January April July

October

0

50

100

150

200

250

300

350

400

450



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


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


$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


4 71 23 41 14 21 12 29 17


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


$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


11 23 24 47 9 65 17 29 20


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


21 63 6 18 24 16 5 31 9 18 8


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


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


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 Oct910

915

920

925

930

935

940

945

950

955

2010 $750K+ Listings2011 $750K+ Listings2


Sarasota Average List Price of Active Listings 2010 and 2011

All Active Listings

January April Ju

ly

October

0

100000

200000

300000

400000

500000

600000


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

Sarasota # of Pending Contracts 2009 and 2010

All Pending Listings

January April Ju

ly

October

0

200

400

600

800

1000

1200

1400

1600


$750,000+ Pending Listings

January April Ju

ly

October

0102030405060708090


Monthly Market Update for Sarasota and Manatee Counties September 2010

Real Estate

Transcript of Monthly Market Update for Sarasota and Manatee Counties September 2010