FL ARCHIVED August 2017 | Page 48

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
1 %
-0%
Average List Price of all Current Listings
$ 559,674
1 %
0 %
August Median Sales Price
$ 271,500
-3%
-1%
5 %
6 %
$ 268,994
5 %
5 %
August Average Sales Price
$ 350,591
-1%
-2%
14 %
4 %
$ 346,862
1 %
3 %
Total Properties Currently for Sale ( Inventory )
2,990
-6%
4 %
August Number of Properties Sold
803
12 %
0 %
5,992
-2%
August Average Days on Market ( Solds )
80
-5%
1 %
14 %
11 %
78
8 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 195
8 %
3 %
8 %
2 %
$ 193
3 %
1 %
August Sold Price per Square Foot
$ 178
0 %
0 %
11 %
6 %
$ 177
4 %
5 %
August Month ' s Supply of Inventory
3.7 -16% -7%
4 %
-17%
4.7
8 %
4 %
August Sale Price vs List Price Ratio
94.3 %
. 3 %
. 2 %
. 1 %
-. 2 %
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
August Property sales were 803 , equal to 803 in August of 2016 and 11.8 % higher than the 718 sales last month . August 2017
900
Property sales were Sales at their highest level compared to August of 2016 and
1,000
800
August
2015 . Property August YTD sales sales were of 803 5,992 , equal are to running 803 August 2.0 % behind of 2016 last
900 and year 11.8 ' s year-to-date % higher than sales the 718 of 6,112 sales . last month . August 2017 sales were at their highest level compared to August of 2016 and
800
700
600
2015 . August YTD sales of 5,992 are running 2.0 % behind last
700
500
year ' s year-to-date sales of 6,112 .
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
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
0
14
15
16
17
Prices
The Median Sales Price in August was $ 271,500 , up 4.8 % from
Prices
$ 259,000 in August of 2016 and down 2.8 % from $ 279,250 last
The month Median . The Sales Average Price Sales in August Price was in August $ 271,500 was , up $ 4.8 350,591 % from , up
400
$
13.8 259,000 % from in August $ 308,041 of 2016 in August and down of 2016 2.8 % and from down $ 279,250 1.2 % from last month . The Average Sales Price in August $ 350,591 , up
380
$ 355,009 last month . August 2017 ASP was at the highest level
13.8 % from $ 308,041 in August of 2016 and down 1.2 % from
360 compared to August of 2016 and 2015 .
$ 355,009 last month . August 2017 ASP was at the highest level
340 compared to August of 2016 and 2015 .
320
300
280
260
240
220
200
S
O N D
J
F M A
MMedian J
J
A S Sales O N D Price
J
F M and A M Average J
J
A S OSales N D
J Price
F M A M J
J
A
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
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
14 N D
J
F
15 M 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
A
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 August
The was Total 2,990 Inventory , down 5.8 of % Properties from 3,174 available last month for sale and as up of August 4.1 % from
4,000 was
2,873 2,990 in , August down 5.8 of % last from year 3,174 . August last month 2017 Inventory and up 4.1 % was from at its
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
2,873 highest in August level compared of last year with . August 2017 of Inventory 2016 and was 2015 at . its highest level compared with August 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 August for 2017 sellers MSI while of 3.7 a
1,000 higher MSI is better for buyers . The August 2017 MSI of 3.7
1,000
2.0 months was at a mid level compared with August of 2016 and
500 months was at a mid level compared with August of 2016 and
500
1.0
2015 .
0
2015 .
0
0.0
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 O N D J
F M A M J
J A
14
15
16
17
14
15
16
17
644 704 565 766 576 607 802 836
644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 539 578 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 803
2,995 3,041 3,096 3,075 3,190 3,243 3,159 2,964
2,995 3,041 3,096 3,075 3,190 3,243 3,159 2,964 2,733 2,697 2,629
864
2,733
880 783
2,536 2,615 2,729 2,855 2,920
Number of Properties Sold
675 697 711 527
3,275 3,461
2,697 2,629 2,536 2,615 2,729 2,855 2,920 742 539 578 796 875 861 870
3,275 3,461 3,427 3,379 3,171 3,114 2,977
3,427
3,379 3,171 3,114 2,977 2,873 2,885
3,101 790 803 729
2,873 3,276 2,885
3,289 3,587 3,101 599 585 724 530
3 Mo Avg
603 837
3,647 3,680 3,515 3,404 3,297 3,174 2,990 791 860
3,276
3,289 3,587 3,647 3,680 3,515 3,404 3,297
3 Mo Avg
850 718
3,174 2,990
803
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 .