FL ARCHIVED February 2018 | Page 94

Market Action Report February 2018
Community Information | School District
Market Action Report February 2018

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
$ 379,000
2 %
2 %
Average List Price of all Current Listings
$ 561,343
1 %
-1%
February Median Sales Price
$ 282,086
1 %
1 %
8 %
4 %
$ 280,000
8 %
4 %
February Average Sales Price
$ 368,307
2 %
3 %
11 %
6 %
$ 365,284
8 %
5 %
Total Properties Currently for Sale ( Inventory )
3,474
1 %
-5%
February Number of Properties Sold
655
17 %
9 %
1,216
7 %
February Average Days on Market ( Solds )
81
3 %
0 %
0 %
4 %
80
3 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 218
2 %
3 %
10 %
11 %
$ 216
9 %
10 %
February Sold Price per Square Foot
$ 185
-1%
1 %
11 %
4 %
$ 185
8 %
5 %
February Month ' s Supply of Inventory
5.3 -13%
1 %
-12%
10 %
5.7
-11%
19 %
February Sale Price vs List Price Ratio
94.1 %
. 1 %
-. 3 % -. 1 %
-. 1 %
94.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales 1,000
February Property sales were 655 , up 8.6 % from 603 in 900
February of 2017 and 16.8 % higher than the 561 sales last Property month . February Sales 2018 sales were at their highest level 1,000 800
February compared Property to February sales were of 2017 655 , and up 8.6 2016 % . from February 603 in YTD sales of 900 700 February 1,216 are of running 2017 and 7.3 16.8 % ahead % higher of last than year the ' 561 s year-to-date sales last sales of month February 2018 sales were at their highest level
800 600
1,133 . compared to February of 2017 and 2016 . February YTD sales of 700 500 1,216 are running 7.3 % ahead of last year ' s year-to-date sales of
600 400 1,133 .
500 300

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
400
200
300
100
200
0
100
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
0
15
16
17
18
Prices
The Median Sales Price in February was $ 282,086 , up 8.5 %
Prices from $ 260,000 in February of 2017 and up 0.7 % from
The
$ 280,000 Median Sales last month Price in . The February Average was Sales $ 282,086 Price , in up February 8.5 % was
400 from
$ 368,307 $ 260,000 , up 11.1 in February % from $ of 331,407 2017 and in February up 0.7 % from of 2017 and up
$ 280,000 last month . The Average Sales Price in February was
380
1.8 % from $ 361,755 last month . February 2018 ASP was at the
$ 368,307 , up 11.1 % from $ 331,407 in February of 2017 and up
360 highest level compared to February of 2017 and 2016 .
1.8 % from $ 361,755 last month . February 2018 ASP was at the
340 highest level compared to February of 2017 and 2016 .
320
300
280
260
240
220
200
M
A M J
J
A S O
NMedian D
J
F M Sales A M J Price
J A S and O N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
18
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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
15 M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
F
18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
February Total Inventory was 3,474 of , Properties up 1.4 % from available 3,426 for last sale month as of and down
4,000
February
5.0 % from was 3,655 3,474 in , up February 1.4 % from of 3,426 last year last . month February and 2018 down
4,0003,500
5.0
Inventory % from 3,655 was at in a February mid level of compared last year . February with February 2018 of 2017
3,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
Inventory and 2016 was . at a mid level compared with February of 2017 and 2016 .
3,0002,500
2,5002,000
6.0
5.0
2,000
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial February for sellers 2018 MSI while of a 5.3
1,000 higher MSI is better for buyers . The February 2018 MSI of 5.3
1,000 months was at its lowest level compared with February of 2017
500 months was at its lowest level compared with February of 2017
500 and 2016 .
0 and 2016 .
0
M
A M J
A J
15
J A S O N D J
F M A M J
F M A M J
16
J A S O N D J
F M A M J
F M A M J
17
4.0
3.0
2.0
1.0
0.0
J A S O N D J
F
F
18
802 836 864 880 783 675 697 711 527 742 539 579 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 810 611 586 652 735 561 655
3,159
2,964 2,734 2,698 2,631
M
15
802 836 864 880 783 675 697
2,539 2,618 2,732 2,860 2,924
711
3,159
2,964 2,734 2,698 2,631 2,539 2,618 2,732
527
3,278 2,860
3,464
J A S O N D J 16
742
2,924 539
Number of Properties Sold
579 796 875 861 870
3,278 3,464 3,430 3,383 3,175 3,117 2,980
3,430
3,383 3,175 3,117 2,980 2,877 2,889
790 803
2,877 2,889
3,106 3,282 3,295
729
J A S O N D J 17
599
3,282 585 724 530
3,295 3,595 3,655 603 837 791 860 850
3,106 3,595 3,655 3,690 3,524 3,417 3,318 3,235 3,152 3,013 3,123 3,233
718 3,240 3,426 3,474
J A S O N D J 18
3 Mo Avg
810 611 586 652
3,690 3,524 3,417 3,318 3,235 3,152 3,013 3,123 3,233 3,240
3 Mo Avg
735 561
3,426 3,474
655
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 .