FL ARCHIVED December 2017 | Page 48

Market Action Report December 2017
Community Information | School District
Market Action Report December 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
$ 379,535
1 %
3 %
Average List Price of all Current Listings
$ 579,800
2 %
2 %
December Median Sales Price
$ 282,360
4 %
3 %
7 %
11 %
$ 270,000
6 %
6 %
December Average Sales Price
$ 347,171
-2%
-1%
8 %
3 %
$ 347,508
4 %
4 %
Total Properties Currently for Sale ( Inventory )
3,144
-2%
-5%
December Number of Properties Sold
724
11 %
0 %
8,572
-2%
December Average Days on Market ( Solds )
80
-2%
0 %
4 %
11 %
78
8 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 206
-3%
0 %
2 %
7 %
$ 196
3 %
2 %
December Sold Price per Square Foot
$ 177
-2%
0 %
6 %
5 %
$ 177
5 %
5 %
December Month ' s Supply of Inventory
4.3 -11% -10%
-5%
-4%
4.8
6 %
6 %
December Sale Price vs List Price Ratio
94.4 %
-. 4 %
-. 1 %
-. 3 %
-. 1 %
94.3 %
-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
December Property sales were 724 , equal to 724 in December of
2016 and 11.0 % higher than the 652 sales last month . December
Property
2017 sales Sales were at their lowest level compared to December of
1,000
900
800
December
2016 and Property 2015 . December sales were YTD 724 , sales equal of to 8,572 724 in are December running of 2.0 %
900
2016 behind and last 11.0 year % higher ' s year-to-date than the 652 sales sales of last 8,750 month . . December
2017 sales were at their lowest level compared to December of
800
700
600
2016 and 2015 . December YTD sales of 8,572 are running 2.0 %
700
500
behind last year ' s year-to-date sales of 8,750 .
600
400
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
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
0
15
16
17
Prices
The Median Sales Price in December was $ 282,360 , up 6.6 %
Prices from $ 265,000 in December of 2016 and up 3.6 % from
The
$ 272,500 Median last Sales month Price . in The December Average was Sales $ 282,360 Price in , up December 6.6 % was
400 from
$ 347,171 $ 265,000 , up 8.4 in % December from $ 320,121 of 2016 in and December up 3.6 % from of 2016 and
380
$ down 272,500 1.6 last % from month $ 352,969 . The Average last month Sales . Price December in December 2017 ASP was was $ 347,171 , up 8.4 % from $ 320,121 in
360 at the highest level compared to December of 2016 and 2015 . down 1.6 % from $ 352,969 last month . December 2017 ASP was
340 at the highest level compared to December of 2016 and 2015 .
320
300
280
260
240
220
200
J
F M A M J
J
A S
Median O N D
J Sales
F M A Price M J
J and
A S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
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
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
15
16
17
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
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
December Total Inventory was 3,144 of , Properties down 1.6 % available from 3,194 for sale last as month of and
December down 4.6 was % from 3,1443,294 , down in 1.6 December % from 3,194 of last last year month . December and
4,000
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
down 20174.6 Inventory % from 3,294 was at in a December mid level of compared last year . with December December of
3,5003,000
7.0
2017
2016 Inventory and 2015 was . at a mid level compared with December of 2016 and 2015 .
3,0002,500
2,5002,000
6.0
5.0
2,0001,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a
1,000
4.3
1,000 higher months MSI was is better at a mid for level buyers compared . The December with December 2017 MSI of of 2016 4.3
500 months was at a mid level compared with December of 2016
500 and 2015 .
0 and 2015 .
0
J
F M A M J
F M A J
15
J A S O N D J
F M A M J
F M A M J
16
J
4.0
3.0
2.0
1.0
0.0
A S O N D J
F M A M J
J
A S O N D
F M A M J
J
A S O N D
17
576 607 802 836 864 880 783 675 697 711 527 742 539 579 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 810 611 586 652 724
3,192 3,244 3,160 2,964 2,734 2,698 2,631
J
15
576 607
3,192
3,244 802 836
3,160 2,964
864 880
2,734 2,698
783 675 697
2,631 2,539 2,618
2,539 2,618 2,732 2,860 2,924
711
J A S O N D J 16
527
Number of Properties Sold
742 539 579
3,278 3,464 2,924 3,430 3,383 3,175
2,732 2,860
3,278 3,464 3,430 796 875 861
3,383 3,175 3,117 870 790
2,980 2,876
803
3,117 2,980 2,876 2,888 3,105 3,281 3,294
729
J A S O N D J
17
599 585 724
3,595 3,655 3,690 3,524
2,888 3,105 3,281 3,294
530 603
3,595 3,655 3,690 837 791
3,524 3,415
860
3 Mo Avg
850
3,314 3,229
718
3,415 3,314 3,229 3,143 3,000 3,097 3,194 3,144
810
3,143 3,000
611 3,097
3 Mo Avg
586 652
3,194 3,144
724
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 .