Real Estate Market Report Sarasota Florida 34238 for April 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 April 2014.
The number of new listings in the 34238 zip code in Sarasota in April of 2014 was 72. This is up 5.9% from 68 in March 2014 and down 4.0% from 75 in April 2013.
The number of new pendings in April was 82. This is down 2.4% from 84 in March and up 5.1% from 78 in April 2013.
The number of closed sales in April was 68. This is up 1.5% from 67 in March and down 1.4% from 69 in April 2013.
The median sales price in April was $301,250. This is up 6.8% from $282,000 in March and up 12.6% from $267,500 in April 2013.
The number of active listings in April was 198. This is below the 5-year April average of 295 and below the 5-year maximum of 409. In March 2014 there were 208 active listings and in April 2013 there were 198 active listings.
The average days on market for April was 64. This is below the 5-year maximum of 150. In March 2014 the average days on market was 69 and in April 2013 the average days on market was 84. Year to date is 84 days on market.
The avearge sold to original list price ratio in April was 93.5%. This is at the 5-year average of 92.5% and above the 5-year average of 90.8%. In March 2014 the average sold to original list price was 93.6%, in April 2013 it was 92.4% and YTD it is 93.2%.
Follow this link for a video market report covering Sarasota County in Florida for April 2014.
Real estate market report for Sarasota Florida 34238 for April 2014.