FL ARCHIVED July 2017 | Page 48

Market Action Report July 2017
Community Information | School District
Market Action Report July 2017

County : Manatee

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
$ 369,000
0 %
1 %
Average List Price of all Current Listings
$ 562,928
-2%
2 %
July Median Sales Price
$ 278,000
2 %
3 %
5 %
9 %
$ 268,000
5 %
5 %
July Average Sales Price
$ 353,646
-1%
0 %
2 %
5 %
$ 346,101
-1%
3 %
Total Properties Currently for Sale ( Inventory )
3,091
-5%
4 %
July Number of Properties Sold
715 -16%
-9%
5,186
-2%
July Average Days on Market ( Solds )
84
9 %
8 %
20 %
17 %
77
7 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 182
-3%
-4%
-6%
-5%
$ 193
2 %
1 %
July Sold Price per Square Foot
$ 177
-1%
-1%
5 %
5 %
$ 177
3 %
5 %
July Month ' s Supply of Inventory
4.3
12 %
7 %
15 %
-4%
4.8
8 %
7 %
July Sale Price vs List Price Ratio
94.0 %
-. 1 %
. 1 %
-. 6 %
-. 6 %
94.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,000
July Property sales were 715 , down 9.5 % from 790 in July of
2016 and 15.9 % lower than the 850 sales last month . July 2017
900
Property sales were Sales at their lowest level compared to July of 2016 and
1,000
800
July
2015 Property . July YTD sales sales were of 715 5,186 , down are 9.5 running % from 2.3 790 % in behind July of last
2016 year and ' s year-to-date 15.9 % lower sales than of the 5,309 850 sales . last month . July 2017 sales were at their lowest level compared to July of 2016 and
900
800
700
600
2015 . July YTD sales of 5,186 are running 2.3 % behind last
700
500
year ' s year-to-date sales of 5,309 .
600
400

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

500 300
Number of Properties Sold
400
200
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in July was $ 278,000 , up 5.4 % from
Prices
$ 263,640 in July of 2016 and up 2.2 % from $ 272,000 last
The month Median . The Sales Average Price Sales in July Price was $ in 278,000 July was , up $ 353,646 5.4 % from , up 1.5 %
400
$ from 263,640 $ 348,385 in July of in 2016 July of and 2016 up 2.2 and % down from $ 1.0 272,000 % from last $ 357,111 month . The Average Sales Price in July was $ 353,646 , up 1.5 %
380 last month . July 2017 ASP was at the highest level compared to from $ 348,385 in July of 2016 and down 1.0 % from $ 357,111
360
July of 2016 and 2015 . last month . July 2017 ASP was at the highest level compared to
340
July of 2016 and 2015 .
320
300
280
260
240
220
200
A
S O N D
J
F M A
Median M J
J
A Sales S O N Price D
J
F and M A MAverage J
J
A S Sales O N DPrice
J
F M A M J
J
14
15
16
17
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
14 O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M J
J
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of July
The was Total 3,091 Inventory , down 5.4 of % Properties from 3,268 available last month for sale and as up of July 3.8 % from
4,000 was
2,978 3,091 in , July down of 5.4 last % year from . 3,268 July 2017 last month Inventory and up was 3.8 at % its from highest
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
2,978 level in compared July of last with year July . July of 2016 2017 Inventory and 2015 . was at its highest level compared with July of 2016 and 2015 .
3,5003,000
3,0002,500
7.0
6.0
2,5002,000
5.0
2,000
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial July 2017 for sellers MSI of while 4.3 a
1,000 higher MSI is better for buyers . The July 2017 MSI of 4.3
1,000
2.0 months was at its highest level compared with July of 2016 and
500 months was at its highest level compared with July of 2016 and
500
1.0
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
J
707 644 704 565 766 576 607 802 836
707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 539 578 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 715
3,028 2,995 3,041 3,096 3,075 3,190 3,243 3,159 2,964
3,028 2,995 3,041 3,096 3,075 3,190 3,243 3,159 2,964 2,733 2,697 2,629 864 880
Number of Properties Sold
783 675 697
2,536 2,615 2,729 2,855 2,921
711 527
3,276 3,462
2,733 2,697 2,629 2,536 2,615 2,729 2,855 2,921 742 539 578 796 875 861 870
3,276 3,462 3,428 3,380 3,172 3,115 2,978
3,428
3,380 3,172 3,115 2,978 2,873 2,885
3,101
790 803 729
2,873
3,276 3,289 2,885 3,586 3,101 599 585 724
3 Mo Avg
530 603
3,646 3,677 3,510 3,395 3,268 3,091 837 791
3,276
3,289 3,586 3,646 3,677 3,510 3,395
3 Mo Avg
860 850
3,268 3,091
715
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
48 | 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 .