FL ARCHIVED January 2018 | Page 50

Market Action Report
City: Bradenton
Bradenton
Agent Name
Market Action Report
City: Bradenton
January 2018
Title
Phone
Agent
Name
Website
Other
Title
January 2018
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
$310,000
4%
3%
Other
$406,284 Trending
2% versus*: 7%
Month
LM 1%
L3M 1%
PYM 3%
LY
$246,245
$310,000
4% -0% 0%
3% 6%
$285,012
$406,284 1,540
2% 4%
7% -4%
$246,245 296
1% -26%
1% 3% 3%
3%
$285,012 -0%
0%
6%
4%
79 14% 8% 7%
1,540 4%
-4%
$167 4% 2% 4%
296 -26%
3%
$148 -0% 1% 3%
79 14% 8% 7% 13%
5.2 40% 18% -6%
$167 4% 2% 4% 6%
93.4% -1.0% -1.1% -1.1%
Average List Price of all Current Listings
Market
Trends
Overview
January Profile
Median & Sales
Price
Median
List
Price of Sales
all Current
January
Average
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
January
Sales
Price
January Median
Number
of Properties
Sold
January Average Sales Price
January Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
January Number of Properties Sold
January Sold Price per Square Foot
January Average Days on Market (Solds)
January Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
January Sale Price vs List Price Ratio
January Sold Price per Square Foot
$148 -0% 1% 3%
5.2 40% 18% -6%
93.4% -1.0% -1.1% -1.1%
January Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
Property
Sales
January Property sales were 296, up 2.8% from 288 in January
of 2017 and 25.8% lower than the 399 sales last month. January
Property
2018 sales Sales
were at their highest level compared to January of 500
January
Property
were YTD
296, sales
up 2.8%
from
in January
2017 and
2016. sales
January
of 296
are 288
running
2.8% 450
of ahead
2017 and
25.8%
lower
than the 399
sales
last month. January
of last
year's
year-to-date
sales
of 288.
2018 sales were at their highe st level compared to January of
2017 and 2016. January YTD sales of 296 are running 2.8%
ahead of last year's year-to-date sales of 288.
Trending versus*:
YTD
Prior YTD 3%
Prior Year
$246,245
3%
4%
$285,012
$246,245
$285,012
13%
3%
296
6%
79
6%
$167
296
3%
3%
$148
79
7%
29%
5.2
$167
4%
-1.2%
93.4%
6% 3%
4%
3% 3%
7% 4%
4%
3%
13%
-6%
6%
-1% 13%
6%
3%
29%
-1%
3%
$148
3%
3%
29%
5.2
-6%
29%
Number of 93.4%
Properties
-1.2%
-1% Sold -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2017) / YTD = Year-to-date
January Month's Supply of Inventory
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
500
Number of Properties Sold
450
3 Mo Avg
400
350
400 300
350 250
300 200
Prices
15
The Median Sales Price in January was $246,245, up 2.6% from
Prices
$240,000 in January of 2017 and up 1.2% from $243,400 last
290
The
Median
Sales
Price Sales
in January
$246,245,
up $285,012,
2.6% from up
month.
The
Average
Price was
in January
was
$240,000
in
January
of
2017
and
up
1.2%
from
$243,400
last
5.5% from $270,106 in January of 2017 and down 0.2% from 290 270
month.
The last
Average
Sales
Price in 2018
January
up
$285,585
month.
January
ASP was
was $285,012,
at the highest
270 250
5.5%
$270,106
in January
2017
and
down 0.2% from
level from
compared
to January
of of
2017
and
2016.
$285,585 last month. January 2018 ASP was at the highest
250 230
435
16
17
Median Sales Price and Average Sales Price
330
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
15
16
17
18
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
Median Sales Price and Average Sales Price
3 Mo Avg
0
level compared to January of 2017 and 2016.
0
50
100
200 100
150 50
250 150
18
3 Mo Avg
230 210
210 190
190 170
170 150
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
18
150
F M 15
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 17
A M J J A S O N D J
15
16
17
18
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
7.0
0
and 2016.
50 | c
7.0 6.0
6.0 5.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,800
January
was 1,540, of up
3.6% from
1,487 last
month
The
Total Inventory
Properties
available
for sale
as of and down
1,800 1,600
3.8% from
of 1,487
last year.
January
January
was 1,600
1,540, in
up January
3.6% from
last month
and 2018
down
1,600 1,400
3.8%
from 1,600
in a January
of last
year. January
2018 of 2017 and
Inventory
was at
mid level
compared
with January
Inventory
2016. was at a mid level compared with January of 2017 and 1,400 1,200
1,200 1,000
2016.
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
A higher
comparatively
lower MSI
is more The
beneficial
for 2018
sellers MSI
while
MSI is better
for buyers.
January
of a 5.2 600 400
400 200
higher
MSI
is better
for buyers.
January with
2018
MSI of 5.2
months
was
at its lowest
level The
compared
January
of 2017
200
months
was
at
its
lowest
level
compared
with
January
of
2017
0
and 2016.
5.0
4.0
3.0
2.0
1.0
0.0
4.0
3.0
2.0
1.0
0.0
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
18
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
15
16
17
15
16
17
18
.
Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l d Residential
w e l Real
l b Estate
a n / k
e r Banker
h o United,
mes
c o | Price
m
Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
Florida MLS,
Regional
MLS,
Board of REALTORS,
REALTORS of Association
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
Fort Fort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County, County,
Miami Association
of REALTORS,
My Florida My
Regional
Naples
Area Naples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.