FL ARCHIVED April 2018 | Page 98

Market Action Report April 2018
Community Information | School District
Market Action Report April 2018

City : Bradenton Price Range : All | 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
$ 309,900
3 %
7 %
Average List Price of all Current Listings
$ 402,505
3 %
11 %
April Median Sales Price
$ 245,490
7 %
2 %
12 %
2 %
$ 240,000
4 %
0 %
April Average Sales Price
$ 297,629
13 %
6 %
17 %
9 %
$ 281,500
10 %
3 %
Total Properties Currently for Sale ( Inventory )
1,500
-8%
-11%
April Number of Properties Sold
463
1 %
12 %
1,593
7 %
April Average Days on Market ( Solds )
63 -15% -11% -5%
-10%
71
3 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 162
-1%
1 %
15 %
8 %
$ 161
7 %
7 %
April Sold Price per Square Foot
$ 155
4 %
3 %
10 %
8 %
$ 151
8 %
5 %
April Month ' s Supply of Inventory
3.2
-9% -13% -21% -25%
4.2
-11%
-4%
April Sale Price vs List Price Ratio
94.7 %
. 9 %
. 6 %
. 6 %
. 1 %
94.2 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
500
April Property sales were 463 , up 12.4 % from 412 in April of
2017 and 0.7 % higher than the 460 sales last month . April 2018
450
Property sales were Sales at a mid level compared to April of 2017 and 2016 .
500
400
April Property YTD sales sales of were 1,593463 are , up running 12.4 % 6.8 from % 412 ahead in April of last of year ' s
450
2017 year-to-date and 0.7 % sales higher of than 1,491 the . 460 sales last month . April 2018 sales were at a mid level compared to April of 2017 and 2016 .
400
350
300
April YTD sales of 1,593 are running 6.8 % ahead of last year ' s
350
250
year-to-date sales of 1,491 .
300
200

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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
0
15
16
17
18
Prices
The Median Sales Price in April was $ 245,490 , up 11.6 % from
M
15
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
16
17
18
3 Mo Avg
Prices
$ 220,000 in April of 2017 and up 7.2 % from $ 229,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 245,490 April was , up $ 297,629 11.6 % from , up
$
16.6 220,000 % from in April $ 255,281 of 2017 in April and up of 7.2 2017 % from and $ up 229,000 12.5 % from last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 264,528 . The last Average month Sales . April Price 2018 in April ASP was $ at 297,629 the highest , up level
16.6 % from $ 255,281 in April of 2017 and up 12.5 % from
270 compared to April of 2017 and 2016 .
$ 264,528 last month . April 2018 ASP was at the highest level
250
250
230
compared to April of 2017 and 2016 .
230
210
210 190
190 170
421 444 416 383 368 380
421 444 416 383 368 380 298 399 271 315 429 465 435 466 429 428 404 330 328 397 288 338 453 412 465 449 378 435 317 303 346 400 296 374 460 463
170
150
150
M
M
J
15
J
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
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F M A
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 1,500 Inventory , down 8.4 of % Properties from 1,638 available last month for sale and as down of April 11.1 %
2,000 was from 1,500 1,688 , down in April 8.4 % of from last 1,638 year . last April month 2018 and Inventory down 11.1 was % at its
2,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
from lowest 1,688 level in compared April of last with year April . of 2018 2017 Inventory and 2016 was . at its lowest level compared with April of 2017 and 2016 .
1,500
1,500
6.0
5.0
1,000
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2018 sellers MSI while of 3.2 a
500
2.0 higher MSI is better for buyers . The April 2018 MSI of 3.2
500 months was at its lowest level compared with April of 2017 and months was at its lowest level compared with April of 2017 and
1.0
2016 .
0
2016 .
0
0.0
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
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
15
16
17
18
15
16
17
18
5.0
4.0
3.0
2.0
1.0
0.0
1,339 1,343 1,294 1,250 1,293 1,352 1,363 1,416
298
1,339 1,343 1,294 1,250 1,293 1,352 1,363 399 271 315
1,572 1,656 1,604 1,567
429
Number of Properties Sold
465 435
1,416 1,572 1,656 1,604 1,567 1,469 466 429 428 404
1,469 1,449 1,393 1,333 1,359 1,470 1,544 1,550
330
1,449 1,393 1,333 1,359
1,470
328
1,544
1,550 397 288 338
1,690 1,692 1,752 453 412 465 449
1,688 1,630 1,586 1,554 378 435 317 303
3 Mo Avg
346
1,690 1,692 1,752 1,688 1,630 1,586 1,554 1,548 1,509 1,574 1,579 1,567 1,627 1,654 1,638
1,500 400 296
1,548 1,509 1,574 1,579 1,567 1,627 1,654
3 Mo Avg
374 460
1,638 1,500
463
50 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Asso 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 .