FL ARCHIVED May 2018 | Page 94

Market Action Report May 2018

MANATEE County : Manatee COUNTY

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
$ 1,595,000
6 %
7 %
Average List Price of all Current Listings
$ 2,056,451
0 %
4 %
May Median Sales Price
$ 1,382,500
11 %
6 %
-8%
1 %
$ 1,300,000
-9%
-5%
May Average Sales Price
$ 1,795,627
15 %
8 %
1 %
9 %
$ 1,647,979
-3%
0 %
Total Properties Currently for Sale ( Inventory )
353
3 %
-8%
May Number of Properties Sold
44
-8%
26 %
179
46 %
May Average Days on Market ( Solds )
241
111 % 56 %
44 %
38 %
158
-15%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 661
1 %
4 %
39 %
23 %
$ 631
19 %
17 %
May Sold Price per Square Foot
$ 518
6 %
2 %
-6%
-2%
$ 518
-2%
-2%
May Month ' s Supply of Inventory
8.0
12 %
-5% -27% -46%
10.2
-42%
-31%
May Sale Price vs List Price Ratio
86.9 % -4.0% -2.7% -. 5 % -1.6%
89.4 %
2 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
60 May Property sales were 44 , up 25.7 % from 35 in May of 2017 and 8.3 % lower than the 48 sales last month . May 2018 sales
50 were at their highest level compared to May of 2017 and 2016 . Property May YTD sales Sales of 179 are running 45.5 % ahead of last year ' s yearto-date sales of 123 .
60 May Property sales were 44 , up 25.7 % from 35 in May of 2017 40
and 8.3 % lower than the 48 sales last month . May 2018 sales
50 were at their highest level compared to May of 2017 and 2016 . 30 May YTD sales of 179 are running 45.5 % ahead of last year ' s yearto-date sales of 123 .
40 20
30 10
Agent Name
Title Phone Website Other Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in May was $ 1,382,500 , down 7.8 % from $ 1,500,000 in May of 2017 and up 10.6 % from $ 1,250,000 last month . The Average Sales Price in May was
Prices $ 1,795,627 , up 1.2 % from $ 1,774,383 in May of 2017 and up The 15.3 Median % from Sales $ 1,557,269 Price in last May month was . $ May 1,382,500 2018 ASP , down was 7.8 at % a mid from range $ 1,500,000 compared to in May of 2017 and 2016 up 10.6 . % from $ 1,250,000 last month . The Average Sales Price in May was $ 1,795,627 , up 1.2 % from $ 1,774,383 in May of 2017 and up 15.3 % from $ 1,557,269 last month . May 2018 ASP was at a mid range compared to May of 2017 and 2016 .
20
0
10
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 M J
17
J
A S O N D
J
F M A M
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,300J
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
15
16
17
18
2,100
Median Sales Price and Average Sales Price
2,300 1,900
2,100 1,700
1,900 1,500
1,700 1,300
1,500 1,100 1,300
19 16 13 8
19 16 13 8 19 22 26 14 21 26 52 37 42 28 20 19 11 13 16 21
19 22 26 14 21 26 52 37 42 28 20 19 11 13 16 21 19 22 26 35 32 28 29 20 25 24 23 26 26 35 48 44
19 22 26 35 32 28 29 20 25 24 23 26 26 35 48 44
3 Mo Avg
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
15
16
17
18
Inventory & MSI 1,100
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of May
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 was 353 , up 2.9 % from 343 last month and down 8.1 % from 384 500 15
16 17
18 40.0 in May of last year . May 2018 Inventory was at a mid level 35.0
400 Inventory compared with & MSI May of 2017 and 2016 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
30.0
The Total Inventory of Properties available for sale as of May was 353 , up 2.9 % from 343 last month and down 8.1 % from 384 500 300 25.0
20.0 40.0 in May of last year . May 2018 Inventory was at a mid level 400 200
15.0 35.0 compared A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a 30.0 higher MSI is better for buyers . The May 2018 MSI of 8.0
10.0 300
100 25.0 months was at its lowest level compared with May of 2017 and
5.0 2016 . 20.0
200
0 0.0 15.0 A comparatively lower MSI is more beneficial for sellers while a 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 higher MSI is better for buyers . The May 2018 MSI of 8.0
10.0
100 15 16
17 18 months was at its lowest level compared with May of 2017 and 5.0
2016 . 0
0.0
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 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 .
48 | coldwellbankerluxury . com
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