Market Action Report
City: Bradenton
Bradenton
Agent Name
Market Action Report
City: Bradenton
December 2017
Title
Phone
Agent
Name
Website
Title Other
December 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM LY
$300,000
-2%
0%
Other
$404,420 Trending
1% versus*: 9%
Month
LM -3%
L3M 1%
PYM 9%
LY
$243,000
$300,000
-2% 0% -1%
0% 10%
$283,747
$404,420 1,442
1% -2%
9% -2%
$243,000 393
-3% 14%
1% 9% -1%
8%
$283,747 0%
-1%
10%
10%
70 0% -1% 11%
1,442 $162
-2% -3% 1%
-2% 7%
393 14%
-1%
$148 0% 0% 7%
70 0% -1% 11% 4%
3.7 -14% -13% -1%
$162 -3% 1% 7% 9%
94.3% -1.0% -.4% -.5%
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
December
Median
Sales Price
Median
List Average
Price of all
Current
December
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
December
Sales
Price
December Median
Number
of Properties
Sold
December
Sales
Price
December Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
December Number of Properties Sold
December Sold Price per Square Foot
December Average Days on Market (Solds)
December Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
December Sale Price vs List Price Ratio
December Sold Price per Square Foot
Trending versus*:
Prior YTD 7%
Prior Year 6%
8% YTD
$239,000
10%
$272,541
6%
6%
$239,000 4,576
7%
$272,541
6%
4%
70
9%
9%
-4%
-.4%
-2% 6%
4% 6%
6%
7%
4%
5%
5%
-0%
$157
4,576
-2%
$144
70
4%
4.0
$157
6%
94.7%
4%
5%
6%
5%
-0%
$148 0% 0% 7% 9%
$144
7%
6%
3.7 -14% -13% -1% -4%
4.0
5%
5%
of 94.7%
Properties
94.3% -1.0% -.4% -.5% Number
-.4%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
December Month's Supply of Inventory
December Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
500
December Property sales were 393, down 1.0% from 397 in
December of 2016 and 13.6% higher than the 346 sales last
Property
Sales 2017 sales were at their lowest level
month. December
500
December
sales were
393, and
down
1.0% December
from 397 in
compared Property
to December
of 2016
2015.
YTD sales
450
December
of 2016
and 13.6%
higher than
the 346
sales last sales of
of 4,576 are
running
2.5% behind
last year's
year-to-date
400
month.
December
2017
sales
were
at
their
lowest
level
4,693.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
450
3 Mo Avg
400
350
300
compared to December of 2016 and 2015. December YTD sales 350 250
of 4,576 are running 2.5% behind last year's year-to-date sales of 300 200
4,693.
250 150
429
428
J F M A M J J A S O
N D J F Sales
M A M Price
J J A and
S O Average
N D J F Sales
M A M Price
J J A S O N D
Median
3 Mo Avg
15
16
17
Prices
The Median Sales Price in December was $243,000, up 9.5%
from $221,950 in December of 2016 and down 2.6% from
Prices
290
The
Median last
Sales
Price in The
December
$243,000,
9.5%
$249,500
month.
Average was
Sales
Price in up
December
was
270
from
$221,950
December
of 2016 and
2.6% of
from
$283,747,
up in
10.5%
from $256,839
in down
December
2016 and up
290
$249,500
last
month. The
Price in
December
was
0.1% from
$283,527
last Average
month. Sales
December
2017
ASP was
at the 250
$283,747,
up 10.5%
from $256,839
in December
of 2016
and up 270
highest level
compared
to December
of 2016 and
2015.
0.1% from $283,527 last month. December 2017 ASP was at the 250 230
highest level compared to December of 2016 and 2015.
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
0
0
50
50
100 150
200 100
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
210 190
190 170
170 150
150
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
0
7.0
7.0 6.0
6.0 5.0
5.0 4.0
and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,800
December
was 1,442,
down 2.0%
from 1,472
last as month
and
The
Total Inventory
of Properties
available
for sale
of
1,600
1,800
down
1.7%
from
1,467
in
December
of
last
year.
December
2017
December was 1,442, down 2.0% from 1,472 last month and
Inventory
was 1,467
at a mid
level compared
with December
2016 1,600 1,400
down
1.7% from
in December
of last year.
December of
2017
1,400 1,200
Inventory
and 2015. was at a mid level compared with December of 2016
1,200 1,000
and 2015.
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
A higher
comparatively
lower for
MSI buyers.
is more The
beneficial
for sellers
a 3.7 600 400
MSI is better
December
2017 while
MSI of
400 200
higher
MSI
is better
for level
buyers.
The December
2017 MSI of
of 2016
3.7
months
was
at a mid
compared
with December
200
months
was at a mid level compared with December of 2016
0
and 2015.
4.0
3.0
2.0
1.0
0.0
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