FL ARCHIVED September 2017 | Page 48

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
3 %
3 %
Average List Price of all Current Listings
$ 558,642
2 %
2 %
September Median Sales Price
$ 275,000
1 %
0 %
6 %
8 %
$ 269,900
6 %
6 %
September Average Sales Price
$ 341,077
-3%
-3%
6 %
2 %
$ 346,355
1 %
3 %
Total Properties Currently for Sale ( Inventory )
2,883
-7%
-0%
September Number of Properties Sold
605 -25%
-17%
6,602
-3%
September Average Days on Market ( Solds )
76
-5%
-4%
7 %
6 %
77
7 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 199
3 %
5 %
14 %
4 %
$ 193
3 %
1 %
September Sold Price per Square Foot
$ 176
-1%
-1%
7 %
4 %
$ 177
4 %
5 %
September Month ' s Supply of Inventory
4.8
25 %
10 %
20 %
6 %
4.7
10 %
5 %
September Sale Price vs List Price Ratio
94.4 %
. 0 %
. 2 %
-. 2 %
-. 1 %
94.2 %
-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
September Property sales were 605 , down 17.0 % from 729 in
September of 2016 and 25.1 % lower than the 808 sales last
Property month . September Sales 2017 sales were at their lowest level
1,000
900
800
September compared Property to September sales were of 2016 605 , and down 2015 17.0 . % September from 729 in YTD
900
September sales of 6,602 of 2016 are and running 25.1 % 3.5 lower % behind than the last 808 year sales ' s year-to-date last month . September 2017 sales were at their lowest level
800 sales of 6,841 . compared to September of 2016 and 2015 . September YTD
700
700
600
500
sales of 6,602 are running 3.5 % behind last year ' s year-to-date
600
400
sales of 6,841 .
500
300

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

400 200
Number of Properties Sold
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in September was $ 275,000 , up 6.0 %
Prices from $ 259,500 in September of 2016 and up 1.2 % from
The
$ 271,750 Median last Sales month Price . in The September Average was Sales $ 275,000 Price in , September up 6.0 % was
400 from
$ 341,077 $ 259,500 , up 6.2 in September % from $ 321,156 of 2016 in and September up 1.2 % from of 2016 and
380
$ down 271,750 2.7 last % from month $ . 350,563 The Average last month Sales Price . September in September 2017 was ASP
$ 341,077 , up 6.2 % from $ 321,156 in September of 2016 and
360 was at the highest level compared to September of 2016 and down 2.7 % from $ 350,563 last month . September 2017 ASP
340
2015 . was at the highest level compared to September of 2016 and
320
2015 .
300
280
260
240
220
200
O
N D
J
F M A M J
Median
J
A S O Sales N D
J Price
F M A and M J Average
J
A S O NSales D
J
F Price M A M J
J
A S
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
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
15
16
17
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
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
The
September Total Inventory was 2,883 of Properties , down 6.6 available % from 3,086 for sale last of month and
4,000
September down 0.1 % was from 2,883 2,885 , down in September 6.6 % from 3,086 of last last year month . September and
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
down 20170.1 Inventory % from 2,885 was at in a September mid level compared of last year . with September of
3,5003,000
7.0
2017
2016 Inventory and 2015 was . at a mid level compared with September of
3,0002,500
6.0
2016 and 2015 .
2,5002,000
5.0
2,0001,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
3.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a
1,000 of 4.8
1,000
2.0 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 4.8 of
500 months was at its highest level compared with September of
500
1.0
2016 and 2015 .
0
2016 and 2015 .
0
0.0
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 M J
J A S
14
15
16
17
14
15
16
17
704 565 766 576 607 802 836 864
704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 539 578 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 808 605
3,041 3,096 3,075 3,190 3,243 3,159
3,041 3,096 3,075 3,190 3,243 3,159 2,964 2,733 2,697 2,629 2,536
880
2,964 2,733 2,697
783 675
2,629 2,536
2,615 2,729 2,855 2,920
Number of Properties Sold
697
2,615
2,729 711 527 742 539
3,275 2,855 3,461
2,920 3,427
3,379 3,171
578
3,275 3,461 3,427 796 875
3,379
3,171 861 870
3,114
2,977 790 803
2,873 2,885
3,114 2,977 2,873 2,885 3,101 3,276 3,289
729 599
3,101 3,276
585 3,289
3,586 3,647 3,681 3,517 724 530
3,586 3,647
603
3 Mo Avg
837
3,681 3,517
791
3,408 3,301 3,198 3,086 2,883
860
3,408 3,301
850 3,198
3 Mo Avg
718 808
3,086 2,883
605
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
48 | c o l d w e l l b a n k e r h o m e s . c o m
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 Assoc 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 .