BRADENTON
Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for December was 281 , up 15.6 % from 243 days last month and up 119.5 % from 128 days in December of last year . The December 2017 DOM was at a mid level compared with December of 2016 and 2015 . |
700 600 500 400 300 200 |
Days On Market for Sold Properties
128
|
3 Mo Avg
281
|
|
100 |
49 |
|
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The December 2017 Selling Price per Square Foot of $ 349 was up 24.5 % from $ 280 last month and down 26.4 % from 474 in December of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The December 2017 Selling Price vs Original List Price of 98.7 % was up from 91.5 % last month and up from 91.3 % in December of last year .
0 |
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Selling Price per Square Foot |
3 Mo Avg |
600 550 500 450 400 350 300 250 200 150
120 % 100 % 80 % 60 %
370
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 |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
474
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.5 % 91.3 %
3 Mo Avg
349
98.7 %
40 % 20 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in December 2017 was 5 , up 66.7 % from 3 last month and down 28.6 % from 7 in December of last year .
0 % 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 15
16
17
Inventory / New Listings / Sales
80 70 60 50 40 30 20 10 0 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 15
16
17
66 69 69 69
61 59 59 55 53 53 54 58 60 60 63
59
54 53
58
53 51 52 54 51 62 65 64
59 67 68
59 61
56 60 58 58
Coldwell Banker Global Luxury SM | 29