FL ARCHIVED May 2017 | Page 48

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 379,900
1 %
6 %
Average List Price of all Current Listings
$ 591,305
1 %
7 %
May Median Sales Price
$ 269,500
3 %
2 %
6 %
6 %
$ 265,000
6 %
4 %
May Average Sales Price
$ 364,829
6 %
7 %
2 %
9 %
$ 342,111
-1%
2 %
Total Properties Currently for Sale ( Inventory )
3,282
-5%
4 %
May Number of Properties Sold
858
9 %
-0%
3,614
-1%
May Average Days on Market ( Solds )
75
-5%
-1%
-1%
4 %
76
4 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 199
3 %
1 %
6 %
4 %
$ 197
3 %
3 %
May Sold Price per Square Foot
$ 183
2 %
4 %
3 %
8 %
$ 176
2 %
4 %
May Month ' s Supply of Inventory
3.8 -13% -9%
4 %
-15%
5.1
6 %
13 %
May Sale Price vs List Price Ratio
93.9 %
. 2 %
-. 2 % -. 6 %
-. 7 %
94.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
1,000
May Property sales were 858 , down 0.3 % from 861 in May of
2016 and 8.7 % higher than the 789 sales last month . May 2017
900
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to May of 2016 and
1,000
800
May
2015 Property . May YTD sales sales were of 858 3,614 , down are 0.3 running % from 1.0 861 % in behind May of last
2016 year and ' s year-to-date 8.7 % higher sales than of the 3,649 789 sales . last month . May 2017 sales were at their lowest level compared to May of 2016 and
2015 . May YTD sales of 3,614 are running 1.0 % behind last year ' s year-to-date sales of 3,649 .
900
800
700
600
700
600
500
400
500
300
400
200
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in May was $ 269,500 , up 5.7 % from
Prices
$ 255,000 in May of 2016 and up 2.9 % from $ 262,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 269,500 May was , up $ 364,829 5.7 % from , up 1.7 %
400
$ from 255,000 $ 358,676 in May in of May 2016 of and 2016 up 2.9 and % up from 6.3 $ % 262,000 from $ 343,179 last last . The Average Sales Price in May was $ 364,829 , up 1.7 %
380 month . May 2017 ASP was at the highest level compared to May from $ 358,676 in May of 2016 and up 6.3 % from $ 343,179 last
360 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
340 of 2016 and 2015 .
320
300
280
260
240
220
200
J
J
A S O N D
J
F
Median M A M J Sales
J
A S Price O N D and
J
F MAverage A M J
J Sales
A S OPrice N D
J
F M A M
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
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
14
A 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
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 May
The was Total 3,282 Inventory , down 5.4 of % Properties from 3,471 available last month for sale and as up of 3.6 May % from
4,000 was
3,169 3,282 in , May down of 5.4 last % year from . 3,471 May 2017 last month Inventory and up was 3.6 at % its from highest
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
8.0
7.0
3,169 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest level compared with May of 2016 and 2015 .
3,5003,000
3,0002,500
7.0
6.0
6.0
5.0
2,5002,000
5.0
4.0
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 May 2017 for sellers MSI of while 3.8 a
1,000 higher MSI is better for buyers . The May 2017 MSI of 3.8
1,000
2.0 months was at its highest level compared with May of 2016 and
500 months was at its highest level compared with May of 2016 and
500
1.0
2015 .
0
2015 .
0
0.0
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 A M
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
719 711 707 644 704 565 766 576 607 802 836
719 711 707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 539 578 796 875 861 870 790 803 729 599 585 724 530 602 835 789 858
3,104 3,056 3,027 2,994 3,040 3,095 3,074 3,189 3,243
3,104 3,056 3,027 2,994 3,040 3,095 3,074 3,189 3,243 3,159 2,964 2,733 2,696 2,628 864 880 783 675 697
3,159
2,964 2,733 2,696 2,628 2,535 2,614 2,728
2,535 2,614 2,728 2,854 2,919
711
3,274 3,459
527
2,854
2,919 742 539 578 796 875
3,274 3,459 3,425 3,377
3,169 861 870
3,425
3,377 3,169 3,112 2,975 2,871 2,882
3,096
790 803 729
3,112 2,975 3,270 2,871 3,280 2,882 3,576 3,096
599 585 724
3,633 3,658 3,471 3,282 530 602
3,270
3,280 3,576 3,633 3,658
835 789
3,471 3,282
858
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 .