Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co As I have reported in my last several Monthly Real Estate Reports and blogs, the overall listed inventory of residential properties for sale locally is maintaining a steady and healthy decline toward the equilibrium level of six months, which is a well-balanced condition and considered […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co As I have reported here over the last few months, the overall available inventory of homes has been steadily declining. We currently have just under six months of overall inventory based on the May closings activity, a good sign that the marketplace is maintaining a […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co There has been a plethora of great news reports released regarding first quarter 2011 real estate activity. And, the good tracking continued through the month of April. We currently have just seven months of overall inventory based on the April closings activity, which is consistent […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co “March Madness” can be applied to real estate, too! This year’s results for the month across the “boards” showed remarkable positive movement. The “brackets” were what we all hoped for…more sales, lower inventory, an increase in pending sales, and sustained improvement for year-to-date activity. We […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co Great news to start 2011 – based on recent results provided by the Multiple Listing Service, we have already seen measurable positive indications of the recovery of the real estate market. Signs of falling inventory and transactions picking up are seen virtually throughout the price […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders & Co Though progress in reducing inventory appears somewhat measured in January, do not be alarmed by the seemingly moderate sales performance, as this is very typical after traditionally high activity at year-end. With an aggressive winter affecting many of our feeder markets, the tourism industry projecting […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders &Co We currently have 9 months of overall inventory based on the December closings. Based on the December closings there are 7 months of inventory for properties listed under $500,000 compared with 11 months at the beginning of 2010, between $500,000 to $1,000,000 there is 15 months […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders &Co We currently have 13 months of inventory based on the # of October closings in all price categories. Based on the October closings there 10 ½ months of inventory for properties listed under $500,000 compared with 10 months at the beginning of 2010, in the price […]
Prepared by Michael Moulton, CRS, Broker-Associate Michael Saunders &Co The following statistical data is from information provided through the Multiple Listing Service of the Sarasota Association of Realtors. The following table summarizes what happened in each price segment. The Sold (Closed), Pending and Listings columns are sales and listings for the month of the report […]
The following statistical data is from information provided through the Multiple Listing Service of the Sarasota Association of Realtors. The following table summarizes what happened in each price segment. The Sold, Pending and Listings columns are sales and listings for the month of the report and the Pending and Listed are the current totals of each in the MLS system. The Sold YTD column is the total sales for 2010 year to date, the Sold YTD ’09 is the closed sales year to date in 2009 and the Sold 2009 column are the closed sales for the total 2009 year in each price category. The Listed YE ’09 column shows the # of listings for each price category at the end of 2009.
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