FL ARCHIVED February 2018 | Page 98

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

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
$ 309,950
3 %
2 %
Average List Price of all Current Listings
$ 401,472
-0%
3 %
February Median Sales Price
$ 248,000
1 %
0 %
10 %
3 %
$ 247,990
8 %
3 %
February Average Sales Price
$ 280,170
-2%
-1%
15 %
2 %
$ 282,306
10 %
3 %
Total Properties Currently for Sale ( Inventory )
1,569
1 %
-1%
February Number of Properties Sold
375
27 %
11 %
671
7 %
February Average Days on Market ( Solds )
72
-9%
0 %
7 %
3 %
75
7 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 164
-1%
0 %
4 %
4 %
$ 165
4 %
5 %
February Sold Price per Square Foot
$ 148
0 %
0 %
8 %
3 %
$ 148
6 %
3 %
February Month ' s Supply of Inventory
4.2 -21% -5% -11%
3 %
4.7
-8%
17 %
February Sale Price vs List Price Ratio
94.4 %
1.1 %
. 0 %
-. 4 %
-. 2 %
94.0 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
500
February Property sales were 375 , up 10.9 % from 338 in
February of 2017 and 26.7 % higher than the 296 sales last
450
Property month . February Sales 2018 sales were at their highest level
500
400
February compared Property to February sales were of 2017 375 , and up 10.9 2016 %. from February 338 in YTD sales of
450
February
671 are running of 2017 and 7.2 % 26.7 ahead % higher of last than year the ' s 296 year-to-date sales last sales of month . February 2018 sales were at their highest level
400
626 . compared to February of 2017 and 2016 . February YTD sales of
350
350
300
250
671 are running 7.2 % ahead of last year ' s year-to-date sales of
626 .
300
250
200
150

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
200
100
150
50
100
0
50
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 $ 248,000 , up 10.2 %
M
A M J
15
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
16
17
18
3 Mo Avg
Prices from $ 225,000 in February of 2017 and up 0.7 % from
The
$ 246,245 Median last Sales month Price . in The February Average was Sales $ 248,000 Price , in up February 10.2 % was from
$ 280,170 $ 225,000 , up 14.9 in February % from of $ 243,896 2017 and in up February 0.7 % from of 2017 and
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 246,245 1.7 last % from month $ 285,012 . The Average last month Sales . Price February in February 2018 ASP was was
$ 280,170 , up 14.9 % from $ 243,896 in February of 2017 and
270 at the highest level compared to February of 2017 and 2016 . down 1.7 % from $ 285,012 last month . February 2018 ASP was
250
250
230
at the highest level compared to February of 2017 and 2016 .
230
210
210 190
190 170
431 445 420
431 445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 452 413 464 449 379 435 317 303 346 400 296 375
170 150 150
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The February Total Inventory was 1,569 of , Properties up 0.6 % from available 1,560 for last sale month as of and down 1,800
7.0
February 0.8 % from was 1,582 1,569 in , up February 0.6 % from of 1,560 last year last . month February and 2018 down 1,8001,600
7.0 6.0
0.8 Inventory % from 1,582 was at in its February lowest of level last compared year . February with February 2018 of 1,6001,400 6.0
Inventory was at its lowest level compared with February of 1,400
5.0 2017 and 2016 .
1,200 5.0
2017 and 2016 . 1,2001,000
4.0
1,000 800 4.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
800 600 3.0
A comparatively lower MSI is more beneficial for sellers while a 600
2.0 higher MSI is better for buyers . The February 2018 MSI of 4.2 400
2.0 higher MSI is better for buyers . The February 2018 MSI of 4.2 400 months was at its lowest level compared with February of 2017 200
1.0 months was at its lowest level compared with February of 2017 200 1.0 and 2016 . 0
0.0 and 2016 .
0
0.0 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 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 15
16 17
18 15
16 17
18
1,487
1,416 1,298 1,303 1,255 444 417 382 368 379
1,487
1,416 1,298 1,303 1,255 1,211 1,256 1,314
1,211 1,256 1,314 1,327 1,384
295 398 1,384
1,538 1,327
1,623
269
Number of Properties Sold
314 429 465 435 466
1,565
1,526 1,426 1,402 1,339 1,275 1,301
428
1,538 1,623 1,565 1,526 1,426 1,402 1,339
428 404
1,405
1,275 1,472
1,468 1,301
330 328 397 288
1,472
1,468 1,600 1,582 338 452 413 464 449 379
1,405 1,600 1,582 1,622 1,571 1,520 1,474 1,448 1,440 1,391 1,455 1,492 1,493
435
3 Mo Avg
317
1,560
1,569 303 346
1,622 1,571 1,520 1,474 1,448 1,440 1,391 1,455 1,492 1,493
3 Mo Avg
400 296
1,560 1,569
375
50 | 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 .