Real Estate Market Report Sarasota Florida 34238 For January 2014

By
Real Estate Agent with Coldwell Banker Residential Brokerage

Real Estate Market Report Sarasota Florida 34238 for January 2014

 

 

I review in this video the leading real estate market indicators (pending sales, average sales price, average days on market, and average sold price to original list price) for the 34238 zip code in Sarasota Florida for January 2013.

The number of new listings in the 34238 zip code in Sarasota in January of 2014 was 103. This is up 114.6% from 48 in December 2013 and up 4.0% from 99 in January 2013.

The number of new pendings in January was 64. This is up 42.2% from 45 in December but down 17.9% from 78 in January 2013.

The number of closed sales in January was 37. This is down 30.2% from 53 in December and down 27.5% from 51 in January 2013.

The median sales price in January was $270,000. This is down 1.8% from $275,000 in December and unchanged from January 2013.

The number of active listings in the 34238 zip code in January was 213. This is below the 5-year January average of 311 and below the 5-year maximum of 432. In December 2013 there were 179 active listings and in January 2013 there were 189 active listings.

The average days on market (or DOM) in January was 103. This is below the 5-year January average of 121 and below the 5-year maximum of 181. In December 2013 the average days on market was 51 and in January 2013 the average days on market was 85. Year to date is 103 days on market.

The avearge sold to original list price ratio in January was 93.3%. This is unchanged from the 5-year December average but slightly below the maximum of 93.9%. In December 2013 the average sold to original list price was 93.3%, in January 2013 it was 93.9% and YTD it is 93.3%.

Follow this link for a video market report covering Sarasota County in Florida for January 2014.

Real estate market report for Sarasota Florida 34238 for January 2014.

Posted by

Stephen Howell, Sales Associate, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell in Annapolis, Maryland and want a professional consultation on current market conditions, please contact Stephen Howell at 443-994-8043 or e-mail him at showell@liveinannapolis.com or visit his website at LiveInAnnapolis.com.

Stephen Howell came to Annapolis to enjoy the Chesapeake bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis, Maryland. You'll find that with the right professional by your side, you can Live the lifestyle and live, work and play in Annapolis Maryland.

Stephen Howell and Jackson (his hound-mix from the HSSC) maintains residences on the Chesapeake Bay in Annapolis, Maryland and Gulf Coast in Sarasota, Florida. He works in the Annapolis, Maryland real estate market. His website lets people search the Annapolis Maryland area MLS. Buyers can also search for waterfront homes along the Cheasapeake Bay. His website has current real estate data on Annapolis, Maryland.

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