FL ARCHIVED March 2018 | Page 94

Market Action Report March 2018
Community Information | School District
Market Action Report March 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
$ 379,900
2 %
1 %
Average List Price of all Current Listings
$ 572,629
4 %
-1%
March Median Sales Price
$ 268,000
-5%
-3%
0 %
-1%
$ 275,000
4 %
2 %
March Average Sales Price
$ 358,747
-3%
0 %
11 %
3 %
$ 362,398
9 %
4 %
Total Properties Currently for Sale ( Inventory )
3,466
-2%
-6%
March Number of Properties Sold
894
36 %
7 %
2,112
7 %
March Average Days on Market ( Solds )
81
0 %
1 %
11 %
4 %
80
5 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 215
0 %
1 %
11 %
10 %
$ 214
9 %
9 %
March Sold Price per Square Foot
$ 189
3 %
3 %
11 %
7 %
$ 187
9 %
6 %
March Month ' s Supply of Inventory
3.9 -28% -25% -12% -19%
5.1
-10%
7 %
March Sale Price vs List Price Ratio
93.9 %
-. 2 % -. 2 % -. 7 %
-. 4 %
94.0 %
-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
March Property sales were 894 , up 6.8 % from 837 in March of
2017 and 36.3 % higher than the 656 sales last month . March
900
Property
2018 sales Sales were at their highest level compared to March of
1,000
800
March
2017 and Property 2016 sales . March were YTD 894 , sales up 6.8 of % 2,112 from are 837 running March 7.2 of %
2017 ahead and of 36.3 last % year higher ' s year-to-date than the 656 sales sales of last 1,970 month . . March
2018 sales were at their highest level compared to March of
900
800
700
600
2017 and 2016 . March YTD sales of 2,112 are running 7.2 %
700
500
ahead of last year ' s year-to-date sales of 1,970 .
600
400

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

500 300
Number of Properties Sold
836 864 880 783 675 697 711 527 742 539 579 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 810 611 586 652 735 562 656 894
2,964 2,734 2,698 2,631 2,539 2,618 2,732
A
15
836 864 880 783 675 697
2,860
2,924 711 527
3,278 3,464
J A S O N D J
16
742 539 579
Number of Properties Sold
400
200
300
100
200
0
100
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 268,000 , up 0.4 % from
Prices
$ 267,000 in March of 2017 and down 4.8 % from $ 281,543 last
The month Median . The Sales Average Price Sales in March Price was in $ March 268,000 was , up $ 358,747 0.4 % from , up
400
$
10.5 267,000 % from in March $ 324,561 of 2017 in March and down of 2017 4.8 % and from down $ 281,543 2.5 % from last month . The Average Sales Price in March $ 358,747 , up
380
$ 368,126 last month . March 2018 ASP was at the highest level
10.5 % from $ 324,561 in March of 2017 and down 2.5 % from
360 compared to March of 2017 and 2016 .
$ 368,126 last month . March 2018 ASP was at the highest level
340 compared to March of 2017 and 2016 .
320
300
280
260
240
220
200
A
M J
J
A S O N
DMedian
J
F M A Sales M J
J Price
A S O and N D Average
J
F M A MSales J
J
A Price S O N D
J
F M
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
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
15 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 M
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 March
The was Total 3,466 Inventory , down 2.5 of % Properties from 3,554 available last month for sale and as down of March 6.1 %
4,000 was from 3,466 3,690 , down in March 2.5 % from of last 3,554 year last . March month 2018 and down Inventory 6.1 % was at
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
8.0
7.0
from a mid 3,690 level in compared March of last with year March . March of 2017 2018 and Inventory 2016 . was at
3,5003,000
7.0
6.0
a mid level compared with March of 2017 and 2016 .
3,0002,500
6.0
5.0
2,5002,000
5.0
4.0
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 March for 2018 sellers MSI while of 3.9 a
1,000 higher MSI is better for buyers . The March 2018 MSI of 3.9
1,000 months was at its lowest level compared with March of 2017 and
500 months was at its lowest level compared with March of 2017 and
500
2016 .
0
2016 .
0
A
M J
M 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 M
F M
18
3.0
2.0
1.0
0.0
2,964 2,734 2,698 2,631 2,539 2,618 2,732 2,860 2,924
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 3,295 729 599
J A S O N D J 17
3,282 585 724 530 603
3,295 3,595 3,655 3,690 837 791 860 850
3,106 3,595 3,655 3,690 3,524 3,417 3,318 3,236 3,155 3,016 3,127 3,239
718 810
3,249 3,456
J A S O N D J 18
3 Mo Avg
611
3,524 3,417 3,318 3,236 3,155 3,016 3,127
586
3,554
3,466 652 735
3,239 3,249 3,456
3 Mo Avg
562 656
3,554 3,466
894
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 .