FL ARCHIVED April 2017 | Page 30

Market Action Report April 2017

MANATEE COUNTY

County : Manatee

Community Information | School District
Price Range : $ 1,000,000 and Up | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 1,495,000
-0%
-2%
Average List Price of all Current Listings
$ 1,965,594
-1%
1 %
April Median Sales Price
$ 1,597,268
23 %
16 %
3 %
12 %
$ 1,376,000
-2%
-4%
April Average Sales Price
$ 1,688,513
16 %
1 %
-20%
-6%
$ 1,671,153
-14%
-7%
Total Properties Currently for Sale ( Inventory )
429
-5%
12 %
April Number of Properties Sold
26
18 %
-51%
88
-23%
April Average Days on Market ( Solds )
186
18 %
-3%
17 %
23 %
192
34 %
27 %
Asking Price per Square Foot ( based on New Listings )
$ 541
-10% -1%
-5%
0 %
$ 544
-4%
1 %
April Sold Price per Square Foot
$ 558
21 %
7 %
-9%
2 %
$ 520
-7%
-5%
April Month ' s Supply of Inventory
16.5 -19% -18% 128 %
-9%
20.2
18 %
12 %
April Sale Price vs List Price Ratio
87.8 % -4.0% -. 2 % -5.5% -2.8%
88.0 %
-4%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
60
April Property sales were 26 , down 50.9 % from 53 in April of
2016 and 18.2 % higher than the 22 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
50
Property
2015 . April Sales YTD sales of 88 are running 23.5 % behind last
April year ' Property s year-to-date sales sales were of 26115 , down . 50.9 % from 53 in April of
60
40
2016 and 18.2 % higher than the 22 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
50
30
2015 . April YTD sales of 88 are running 23.5 % behind last year ' s year-to-date sales of 115 .
40
20
30 10
200
Prices The Median Sales Price in April was $ 1,597,268 , up 3.0 % from 0
2,300 $ 1,550,000 in April of 2016 and up 22.9 % from $ 1,300,000 last M month . The Average Sales Price in April was $ 1,688,513 , down 14
2,100
Prices 20.1 % from $ 2,113,588 in April of 2016 and up 15.6 % from The $ 1,461,150
Median last Sales month Price
. in April
April 2017 was ASP $ 1,597,268 was at a , mid up 3.0 range % from 1,900
2,300
$ compared 1,550,000 to in April April of of 2016 2016 and and 2015 up 22.9 .
% from $ 1,300,000 last month . The Average Sales Price in April was $ 1,688,513 , down 1,700 2,100
20.1 % from $ 2,113,588 in April of 2016 and up 15.6 % from
1,500 $ 1,461,150 last month . April 2017 ASP was at a mid range 1,900 compared to April of 2016 and 2015 . 1,300 1,700
1,100 1,500
10
1,300
21 17 14
Agent Name
Title Phone Website Other
10 10 15 18 16
Number of Properties Sold
Number of Properties Sold
Median Sales Price and Average Sales Price
21 17 14 10 10 15 18 16 15 15 24 27 25 19 16 13 9 19 22 26 14 21 27 53 37 42 28 20 20 11 13 16 21 19 22 26
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
15
16
17
Median Sales Price and Average Sales Price
Inventory & MSI
1,100
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of April was 429 , down 4.7 % from 450 last month and up 12.0 % from
500
M
14
J
J
A S O N D
J
F M A M J
15
J
A S O N D
J
F M A M J
16
J
A S O N D
J
F M A
35.0
17
383 in April of last year . April 2017 Inventory was at its highest level compared with April of 2016 and 2015 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 429 , down 4.7 % from 450 last month and up 12.0 % from
383 in April of last year . April 2017 Inventory was at its highest
A comparatively lower MSI is more beneficial for sellers while a level compared with April of 2016 and 2015 . higher MSI is better for buyers . The April 2017 MSI of 16.5 months was at its highest level compared with April of 2016 and
400
300
500
200
400
100
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
25.0
20.0
35.0
15.0
30.0
10.0
25.0
5.0
20.0
2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 16.5 months was at its highest level compared with April of 2016 and 2015 .
0
200
100
0
M
J
14
J A S O N D J
F M A M J
15
J A S O N D J
F M A M J
16
J A S O N D J
F M A
17
0.0
15.0
10.0
5.0
0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000
M
J and J Up A | SProperty O NTypes D : JSFH
F - MConA M J
J A S O N D J
F M A M J
J A S O N D J
F M A
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami
14 Association of REALTORS ,
15 My Florida Regional MLS , Naples Area Board of
16 REALTORS , REALTORS Association of the Palm
17 Beaches , Space Coast Association of REAL
does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
30 | coldwellbankerluxury . com
15 15 24 27 25 19 16 13 9 19
291 291 285 284 283 302 311 325 341 341 337 324 308 310 300 285 292 309 328 342 384 399 400 383 353 336 334 334 326 358 375 394 427 448 450 429
22 26 14 21 27 53 37 42 28 20 20 11 13 16 21
3 Mo Avg
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
14
15
16
17
291
19 22 26
3 Mo Avg
M
J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A M J
J
A S O N D
J
F M A
14
15
16
17
291 285 284 283 302 311 325 341 341 337 324 308 310 300 285 292 309 328 342 384 399 400 383 353 336 334 334 326 358 375 394 427 448 450
3 Mo Avg
3 Mo Avg
429