FL ARCHIVED March 2018 | Page 98

Market Action Report March 2018
Community Information | School District
Market Action Report March 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
$ 310,055
2 %
-1%
Average List Price of all Current Listings
$ 404,505
2 %
3 %
March Median Sales Price
$ 228,750
-8%
-5%
-3%
-5%
$ 239,000
3 %
0 %
March Average Sales Price
$ 263,719
-6%
-5%
1 %
-4%
$ 274,766
7 %
0 %
Total Properties Currently for Sale ( Inventory )
1,575
-2%
-3%
March Number of Properties Sold
458
22 %
1 %
1,129
5 %
March Average Days on Market ( Solds )
75
4 %
1 %
9 %
7 %
75
7 %
7 %
Asking Price per Square Foot ( based on New Listings )
$ 166
2 %
1 %
8 %
6 %
$ 165
5 %
5 %
March Sold Price per Square Foot
$ 149
0 %
1 %
7 %
3 %
$ 149
6 %
3 %
March Month ' s Supply of Inventory
3.4 -20% -21% -4%
-15%
4.3
-6%
7 %
March Sale Price vs List Price Ratio
93.9 %
-. 5 % -. 1 % -. 8 %
-. 7 %
93.9 %
-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
March Property sales were 458 , up 1.3 % from 452 in March of
2017 and 22.1 % higher than the 375 sales last month . March
450
Property
2018 sales Sales were at their highest level compared to March of
500
400
March
2017 and Property 2016 sales . March were YTD 458 , sales up 1.3 of % 1,129 from are 452 running March 4.7 of %
2017 ahead and of 22.1 last % year higher ' s year-to-date than the 375 sales of last 1,078 month . . March
2018 sales were at their highest level compared to March of
450
400
350
300
2017 and 2016 . March YTD sales of 1,129 are running 4.7 %
350
250
ahead of last year ' s year-to-date sales of 1,078 .
300
200

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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 $ 228,750 , down 2.7 %
A
M J
15
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
16
17
18
3 Mo Avg
Prices from $ 235,000 in March of 2017 and down 7.8 % from
The
$ 248,000 Median last Sales month Price . in The March Average was $ 228,750 Sales Price , down in March 2.7 % was from
$ 263,719 $ 235,000 , up 1.5 in % March from of $ 2017 259,885 and in down March 7.8 % of from 2017 and down
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
5.9 248,000 % from last $ 280,170 month . The last Average month . Sales March Price 2018 in ASP March was was at the
$ 263,719 , up 1.5 % from $ 259,885 in March of 2017 and down
270 highest level compared to March of 2017 and 2016 .
5.9 % from $ 280,170 last month . March 2018 ASP was at the
250
250
230
highest level compared to March of 2017 and 2016 .
230
210
210 190
190 170
445 420 444 417 382
445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 452 413 464 449 379 435 317 303 346 400 296 375 458
170
150
150
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 1,575 Inventory , down 2.1 of % Properties from 1,608 available last month for sale and as down of March 2.9 %
1,800 was from 1,575 1,622 , down in March 2.1 % from of last 1,608 year last . March month 2018 and down Inventory 2.9 % was at
1,800 a
1,600 from mid 1,622 level compared in March of with last year March . March of 2017 2018 and Inventory 2016 . was at a
1,6001,400 mid level compared with March of 2017 and 2016 .
1,4001,200
1,2001,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
7.0
6.0
5.0
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The March 2018 MSI of 3.4 higher MSI is better for buyers . The March 2018 MSI of 3.4
400 months was at its lowest level compared with March of 2017 and months was at its lowest level compared with March of 2017 and
200
2016 .
2016 .
0
800
4.0
600
3.0
400
2.0
200
1.0
0
0.0
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
J A S O N D J
F M
15
16
17
18
15
16
17
18
3.0
2.0
1.0
0.0
1,416 1,298 1,303 1,255 1,211 1,256 1,314 368 379
1,416 1,298 1,303 1,255 1,211 1,256 1,314
1,327
1,384 295 398
1,538 1,623
1,327
1,384 269 314
Number of Properties Sold
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
330 328 397 288 338
1,472
1,468 1,600 1,582 1,622 452 413 464 449 379
1,405 1,600 1,582 1,622 1,571 1,520 1,474 1,448 1,441 1,392 1,457 1,494 1,495
435 317
3 Mo Avg
303
1,573 1,608 1,575 346 400
1,571 1,520 1,474 1,448 1,441 1,392 1,457 1,494 1,495 1,573
3 Mo Avg
296 375
1,608 1,575
458
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 .