FL ARCHIVED September 2017 | Page 50

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

City : Bradenton

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
$ 324,995
2 %
9 %
Average List Price of all Current Listings
$ 415,995
0 %
10 %
September Median Sales Price
$ 239,450
-0%
0 %
-0%
6 %
$ 238,000
6 %
6 %
September Average Sales Price
$ 287,875
3 %
4 %
4 %
12 %
$ 269,066
5 %
5 %
Total Properties Currently for Sale ( Inventory )
1,332
-5%
3 %
September Number of Properties Sold
314 -28%
-22%
3,532
-3%
September Average Days on Market ( Solds )
71
8 %
1 %
9 %
6 %
69
1 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 160
1 %
3 %
10 %
7 %
$ 156
6 %
5 %
September Sold Price per Square Foot
$ 149
2 %
3 %
5 %
10 %
$ 143
6 %
5 %
September Month ' s Supply of Inventory
4.2
31 %
13 %
32 %
11 %
3.9
6 %
3 %
September Sale Price vs List Price Ratio
94.7 %
-. 7 %
-. 1 %
-. 3 %
-. 0 %
94.6 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
September Property sales were 314 , down 22.3 % from 404 in
September of 2016 and 27.8 % lower than the 435 sales last
Property month . September Sales 2017 sales were at their lowest level
500
450
400
September compared Property to September sales were of 2016 314 , and down 2015 22.3 . % September from 404 in YTD
450
September sales of 3,532 of 2016 are and running 27.8 % 2.9 lower % behind than the last 435 year sales ' s year-to-date last month . September 2017 sales were at their lowest level
400 sales of 3,638 . compared to September of 2016 and 2015 . September YTD
350
350
300
250
sales of 3,532 are running 2.9 % behind last year ' s year-to-date
300
200
sales of 3,638 .
250
150
200
100
150
50
100
0
50
0
Prices
The Median Sales Price in September was $ 239,450 , down 0.2 %
Prices from $ 240,000 in September of 2016 and down 0.2 % from
290
The
$ 239,900 Median last Sales month Price . in The September Average was Sales $ 239,450 Price in , down September 0.2 % from was $ 240,000 287,875 , in up September 3.5 % from of $ 2016 278,128 and in down September 0.2 % from of 2016
290
270
$ and 239,900 up 3.1 last % month from $ . 279,216 The Average last month Sales Price . September in September 2017 ASP was $ 287,875 , up 3.5 % from $ 278,128 in of
270 was at the highest level compared to September of 2016 and and
2015 up . 3.1 % from $ 279,216 last month . September 2017 ASP
250
250
230
was at the highest level compared to September of 2016 and
2015 .
230
210
210
190

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

190 170
379
Number of Properties Sold
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
J
F M A M J
15
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
379 313 404 302 327 431 445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 452 413 464 449 379 435 314
O N D
14
313 404 302 327 431
170
150
150
O
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
14
15
16
17
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
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 1,332 of Properties , down 5.5 available % from 1,409 for sale last as month of and up
1,800
September
2.5 % from was 1,299 1,332 in , September down 5.5 % from of last 1,409 year . last September month and 2017 up
1,8001,600
2.5
Inventory % from 1,299 was at in its September highest level of last compared year . September with September 2017 of
1,6001,400
Inventory
2016 and was 2015 at . its highest level compared with September of
1,4001,200
2016 and 2015 .
1,2001,000
1,000
800
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
4.0
7.0
6.0
5.0
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The September 2017 MSI of 4.2 higher MSI is better for buyers . The September 2017 MSI of 4.2
400 months was at its highest level compared with September of months was at its highest level compared with September of
200
2016 and 2015 .
2016 and 2015 .
0
600
3.0
400
2.0
200
1.0
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
2.0
1.0
0.0
1,467 1,499 1,481 1,532 1,531 1,487 445 420 444
1,416 1,298 1,303
417
1,467 1,499 1,481 1,532 1,531 1,487 1,416 1,298 1,303 1,255 1,211 1,256
382
1,255 1,211
1,314 1,326 1,383
Number of Properties Sold
368 379
1,256
1,314 295 398 269
1,537 1,326
1,622
1,564 1,383
1,524 314 429
1,537 1,622 1,564
465
1,524
1,424 435 466
1,401
1,338 428 428
1,273 1,299
1,424 1,401 1,338 1,273 1,299 1,403 1,470 1,466 404 330 328 397 288
1,596
1,578 338 452
1,617 1,568
3 Mo Avg
413
3 Mo Avg
1,403 1,596 1,578 1,470 1,617 1,466 1,568
1,517 1,469 1,434 1,409 1,332
464
1,517 1,469
449 379
1,434 1,409
3 Mo Avg
435
1,332
314
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
50 | 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 .