FL ARCHIVED May 2018 | Page 98

Market Action Report May 2018

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
$ 1,499,750
0 %
-3%
Average List Price of all Current Listings
$ 1,840,847
0 %
-4%
May Median Sales Price
$ 1,267,500
-3%
5 %
3 %
1 %
$ 1,170,820
-6%
-6%
May Average Sales Price
$ 1,295,000
-0%
-1%
4 %
-10%
$ 1,308,109
-2%
-9%
Total Properties Currently for Sale ( Inventory )
60
0 %
-10%
May Number of Properties Sold
6 -14%
0 %
23
64 %
May Average Days on Market ( Solds )
495
293 % 97 %
94 % 124 %
277
13 %
25 %
Asking Price per Square Foot ( based on New Listings )
$ 341
-22% -15% -9%
-12%
$ 402
4 %
3 %
May Sold Price per Square Foot
$ 345
31 %
14 %
18 %
10 %
$ 310
4 %
-1%
May Month ' s Supply of Inventory
10.0
17 % -21% -10% -63%
15.0
-53%
-45%
May Sale Price vs List Price Ratio
76.4 % -13.6% -9.6% -14.3% -13.6%
84.2 %
-3%
-5%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales May Property sales were 6 , equal to 6 in May of 2017 and 14.3 % lower than the 7 sales last month . May 2018 sales were at their highest level compared to May of 2017 and 2016 . May YTD Property sales of 23 are Sales running 64.3 % ahead of last year ' s year-to-date May sales Property of 14 . sales were 6 , equal to 6 in May of 2017 and 14.3 % lower than the 7 sales last month . May 2018 sales were at their highest level compared to May of 2017 and 2016 . May YTD sales of 23 are running 64.3 % ahead of last year ' s year-to-date sales of 14 .
Prices The Median Sales Price in May was $ 1,267,500 , up 2.6 % from $ 1,235,000 in May of 2017 and down 2.5 % from $ 1,300,000 last month . The Average Sales Price in May was $ 1,295,000 , up
Prices 4.4 % from $ 1,240,679 in May of 2017 and down 0.1 % from The $ 1,296,143 Median last Sales month Price . in May May 2018 was ASP $ 1,267,500 was at the , up highest 2.6 % from level $ compared 1,235,000 to in May of of 2017 and and 2016 down . 2.5 % from $ 1,300,000 last month . The Average Sales Price in May was $ 1,295,000 , up 4.4 % from $ 1,240,679 in May of 2017 and down 0.1 % from $ 1,296,143 last month . May 2018 ASP was at the highest level compared to May of 2017 and 2016 .
9
8
7
Number of Properties Sold
3 Mo Avg
9
6
8
5
7
4
6
3
5
2
4
1
3
0
2
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
1
15
16
17
18
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,600
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
2,400
16
17
18
2,200
Median Sales Price and Average Sales Price
3 Mo Avg
2,600
2,000
2,400
1,800
2,200
1,600
2,000
1,400
2
1,800 1,200
1,600 1,000 1,400 1,200
2
Inventory & MSI
The Total Inventory of Properties available for sale as of May was 60 , equal to 60 last month and down 10.4 % from 67 in May
1,000
80
J
15
J
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
70.0
of last year . May 2018 Inventory was at a mid level compared
70
60.0
Inventory with May of 2017 & MSI and 2016 .
The Total Inventory of Properties available for sale as of May was 60 , equal to 60 last month and down 10.4 % from 67 in May of last year . May 2018 Inventory was at a mid level compared with
A comparatively May of 2017 and lower 2016 MSI . is more beneficial for sellers while a higher MSI is better for buyers . The May 2018 MSI of 10.0 months was at its lowest level compared with May of 2017 and
2016 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2018 MSI of 10.0 months was at its lowest level compared with May of 2017 and
60 80 70
40 60
30 50
20 40
10
0
30
20
10
J
J
15
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
16
17
18
50.0
40.0
70.0
30.0
60.0
20.0
50.0
10.0
40.0
30.0
20.0
10.0
2016 .
0
0.0
J
J
A S O N D J
F M A M J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15
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
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 .
59 59
2
Agent Name 50 | coldwellbankerluxury . com
59
Title Phone Website Other
0 4 8
55 53 53 54 8 1 1
58 59 59
3 62
5
58 2
53 53
Number of Properties Sold
6
58 3 2 4 2 2
54 52 53 55 52
2
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
59 55 53 53 54 58 59 59 62 58 53 53 58 54 52 53 55 52
62 3 65
1 64
62 65 64
2 59 59
2 67
6 67
67 67
3 58
1 60
58 60
2 55 55
6 60
4
59 5
61
60 59 61
65 3
65 61
3 58
4 60
3 60
61 58 60 60
3 Mo Avg
7 6
2 2 2 0 4 8 8 1 1 3 5 2 6 3 2 4 2 2 2 3 1 2 2 6 3 1 2 6 4 5 3 3 4 3 7 6