Between September and October of 2014, a shift occurred. According to MLS data, the median days to sell began trending downward and the median list price began trending upward. Since that time, the median list price has been above the median days to sell, with median list price hovering a little over $250,000 for April/May 2015.
The stats for 2014/2015 show the changes in the market for Sarasota County and how houses are selling faster and for more money compared to June of 2014. It's still clear that houses aren't all selling overnight. The days on market is hovering around a median of 40-50 days, only slightly lower from the August 2014, 53 day median.
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Tuesday, May 12, 2015
The Trend- Days to Sell vs. List Price
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