FL ARCHIVED June 2017 | Page 48

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 375,000
0 %
5 %
Average List Price of all Current Listings
$ 581,759
0 %
7 %
June Median Sales Price
$ 272,000
1 %
2 %
3 %
7 %
$ 265,000
6 %
4 %
June Average Sales Price
$ 358,223
-2%
3 %
-2%
7 %
$ 345,135
-1%
3 %
Total Properties Currently for Sale ( Inventory )
3,198
-5%
3 %
June Number of Properties Sold
843
-2%
-3%
4,462
-1%
June Average Days on Market ( Solds )
77
3 %
1 %
5 %
7 %
76
4 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 189
-5%
-2%
6 %
-2%
$ 195
3 %
2 %
June Sold Price per Square Foot
$ 179
-2%
0 %
2 %
6 %
$ 176
2 %
4 %
June Month ' s Supply of Inventory
3.8
-3%
-6%
6 %
-16%
4.9
7 %
8 %
June Sale Price vs List Price Ratio
94.1 %
. 2 %
. 0 %
. 0 %
-. 5 %
94.1 %
-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
June Property sales were 843 , down 3.1 % from 870 in June of
2016 and 1.9 % lower than the 859 sales last month . June 2017
900
Property sales were Sales at their lowest level compared to June of 2016 and
1,000
800
June
2015 Property . June YTD sales sales were of 843 4,462 , down are 3.1 running % from 1.3 870 % in behind June of last
2016 year and ' s year-to-date 1.9 % lower than sales the of 4,519 859 sales . last month . June 2017 sales were at their lowest level compared to June of 2016 and
900
800
700
600
2015 . June YTD sales of 4,462 are running 1.3 % behind last
700
500
year ' s year-to-date sales of 4,519 .
600
400

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

500 300
Number of Properties Sold
400
200
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 272,000 , up 3.2 % from
Prices
$ 263,534 in June of 2016 and up 0.7 % from $ 270,000 last
The month Median . The Sales Average Price Sales in June Price was in $ 272,000 June was , up $ 358,223 3.2 % from , down
400
$
1.9 263,534 % from in $ June 365,090 of 2016 in June and up of 0.7 2016 % from and down $ 270,000 1.8 % last from month . The Average Sales Price in June $ 358,223 , down
380
$ 364,764 last month . June 2017 ASP was at a mid range
1.9 % from $ 365,090 in June of 2016 and down 1.8 % from
360 compared to June of 2016 and 2015 .
$ 364,764 last month . June 2017 ASP was at a mid range
340 compared to June of 2016 and 2015 .
320
300
280
260
240
220
200
J
A S O N D
J
F
MMedian A M J
J Sales
A S O Price N D
J and
F M AAverage M J
J
A Sales S O NPrice D
J
F M A M J
14
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
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
14 S O N D
J
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 A
17 M J
14
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 June
The was Total 3,198 Inventory , down 5.1 of % Properties from 3,370 available last month for sale and as up of 2.7 June % from
4,000 was
3,114 3,198 in , June down of 5.1 last % from year . 3,370 June last 2017 month Inventory and up was 2.7 % at from its highest
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
3,114 level in compared June of last with year June . June of 2016 2017 Inventory and 2015 . was at its highest
3,5003,000
7.0
level compared with June of 2016 and 2015 .
3,0002,500
6.0
2,5002,000
5.0
2,000
1,500
4.0
A comparatively lower MSI is more beneficial for sellers while
1,500 a
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial June 2017 for sellers MSI while of 3.8 a
1,000 higher MSI is better for buyers . The June 2017 MSI of 3.8
1,000
2.0 months was at its highest level compared with June of 2016 and
500 months was at its highest level compared with June of 2016 and
500
1.0
2015 .
0
2015 .
0
0.0
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
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
14
15
16
17
14
15
16
17
711 707 644 704 565 766 576 607 802 836
711 707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 539 578 796 875 861 870 790 803 729 599 585 724 530 603 836 791 859 843
3,057 3,028 2,995 3,041 3,096 3,075 3,190 3,244 3,160
3,057 3,028 2,995 3,041 3,096 3,075 3,190 3,244 3,160 2,965 2,734 2,697 2,629
864
Number of Properties Sold
880 783 675 697
2,965 2,734 2,697 2,629 2,536 2,615 2,729
2,536 2,615 2,729 2,855 2,920
711
3,275 3,461
527
2,855
2,920 742 539 578 796 875 861
3,275 3,461 3,427 3,379 3,171 3,114
870
3,427
3,379 3,171 3,114 2,977 2,872 2,883
3,098
790 803
3,272 3,285
3,582 729
2,977 2,872 2,883
3,098 599 585
3 Mo Avg
724 530
3,641 3,670 3,497 3,370 3,198 603 836
3,272
3,285 3,582 3,641 3,670 3,497
3 Mo Avg
791 859
3,370 3,198
843
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 .