Market Action Report April 2017
BRADENTON
City : Bradenton
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 |
$ 1,549,000 |
3 % |
|
-3% |
|
|
|
|
Average List Price of all Current Listings |
$ 1,763,018 |
2 % |
|
-0% |
|
|
|
|
April Median Sales Price |
$ 1,450,000 |
23 % |
16 % |
14 % |
1 % |
$ 1,250,000 |
-3% |
-13% |
April Average Sales Price |
$ 1,450,000 |
23 % |
2 % |
-4% |
-3% |
$ 1,416,188 |
-9% |
-5% |
Total Properties Currently for Sale ( Inventory ) |
72 |
-5% |
|
20 % |
|
|
|
|
April Number of Properties Sold |
2 |
0 % |
|
-60% |
|
8 |
-20% |
|
April Average Days on Market ( Solds ) |
163 |
-9% -31% -61% -34% |
237 |
-12% |
-4% |
Asking Price per Square Foot ( based on New Listings ) |
$ 357 |
3 % |
-8% |
-8% |
-9% |
$ 386 |
-13% |
-2% |
April Sold Price per Square Foot |
$ 291 |
-3% |
-5% -17% -18% |
$ 305 |
-14% |
-14% |
April Month ' s Supply of Inventory |
36.0 |
-5% -28% 200 % 27 % |
43.4 |
12 % |
53 % |
April Sale Price vs List Price Ratio |
85.9 % -3.9% 1.3 % |
. 1 % |
-1.7% |
84.8 % |
-4% |
-3% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales April Property sales were 2 , down 60.0 % from 5 in April of 2016 and the same as the 2 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April Property YTD sales of Sales 8 are running 20.0 % behind last year ' s year-to-date April sales Property of 10 . sales were 2 , down 60.0 % from 5 in April of 2016 and the same as the 2 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and 2015 . April YTD sales of 8 are running 20.0 % behind last year ' s year-to-date sales of 10 .
Prices The Median Sales Price in April was $ 1,450,000 , up 13.7 % from $ 1,275,000 in April of 2016 and up 23.4 % from $ 1,175,000 last month . The Average Sales Price in April was $ 1,450,000 , down
Prices 4.0 % from $ 1,511,000 in April of 2016 and up 23.4 % from The $ 1,175,000
Median Sales last month
Price . in April April 2017 was ASP $ 1,450,000 was at a , mid up 13.7 range
% from
$ compared 1,275,000 to in April April of of 2016 2016 and and 2015 up 23.4 .
% from $ 1,175,000 last month . The Average Sales Price in April was $ 1,450,000 , down 4.0 % from $ 1,511,000 in April of 2016 and up 23.4 % from $ 1,175,000 last month . April 2017 ASP was at a mid range compared to April of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2017 MSI of 36.0 months was at its highest level compared with April of 2016 and 2015 .
9 |
|
|
8 |
|
|
7 |
Number of Properties Sold |
3 Mo Avg |
96 |
|
|
85 |
|
|
74 |
|
|
63 |
|
|
52 |
|
|
41 |
|
|
30 |
|
|
2 |
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
17
|
|
1
0
|
Median Sales Price and Average Sales Price |
3 Mo Avg |
|
2,600
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 |
|
2,400
14
|
|
|
|
|
15 |
|
|
|
|
16 |
|
|
|
|
17 |
|
2,200 |
Median Sales Price and Average Sales Price |
2,600 2,000
2,400 1,800
2,200 1,600
2,000 1,400
1,800 1,200
1,600 1,000
1,400 1,200
Inventory & MSI
1,000
The Total Inventory of Properties available for sale as of April was 72 , down 5.3 % from 76 last month and up 20.0 % from 60 in 80 April of last year . April 2017 Inventory was at its highest level 70 compared with April of 2016 and 2015 .
60
Inventory & MSI The Total Inventory of Properties available for sale as of April 50 was 72 , down 5.3 % from 76 last month and up 20.0 % from 60 in 80 40 April of last year . April 2017 Inventory was at its highest level 70 30 A comparatively lower MSI is more beneficial for sellers while a compared with April of 2016 and 2015 .
60 higher MSI is better for buyers . The April 2017 MSI of 36.0
20 months was at its highest level compared with April of 2016 and
50 10
2015 .
400 30 20 10 0
7
50 3 0
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
M 14 |
J |
J |
A S O N D |
J 15 |
F M A M J |
J |
A S O N D |
J 16 |
F M A M J |
J |
A S O N D |
J 17 |
52 52 54
Agent Name
Title Phone Website Other
1 2 1 3 3
Total Inventory & Month ' s Supply of Inventory ( MSI )
62 61 64 63
2
67 70 70 70
Number of Properties Sold
62 60 60 56 54 54 55 59 61 61 64 60 55 55 60 56 55 56 59 58
71 76 76
F M A 80.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 M J Jand AUp S| Property O N Types D J: SFH F M- ConA 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 , 14 Miami 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 .
32 | coldwellbankerluxury . com
50
2 3 2 1 2 2 2 0 4 8 8 1 1 3 5 2 6 3 2 4 2 2 2 3 1
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 |
|
52 52 54 62 61 64 63 67 70 70 70
62 60 60 56 54 54
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 |
|
55 59 61 61 64 60 55 55 60 56 55 56 59 58
71 76 76
3 Mo Avg
72
72 2 2
70.0 60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0 40.0 30.0 20.0 10.0 0.0
7 3 0 1 2 1 3 3 2 2 3 2 1 2 2 2 0 4 8 8 1 1 3 5 2 6 3 2 4 2 2 2 3 1 2 2