FL ARCHIVED November 2017 | Page 48

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
$ 381,450
3 %
4 %
Average List Price of all Current Listings
$ 580,114
3 %
3 %
November Median Sales Price
$ 272,500
3 %
1 %
10 %
7 %
$ 269,900
6 %
6 %
November Average Sales Price
$ 353,155
0 %
1 %
14 %
5 %
$ 347,558
3 %
4 %
Total Properties Currently for Sale ( Inventory )
3,128
2 %
-5%
November Number of Properties Sold
647
11 %
11 %
7,841
-2%
November Average Days on Market ( Solds )
83
1 %
4 %
26 %
15 %
78
10 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 215
6 %
6 %
3 %
12 %
$ 195
3 %
2 %
November Sold Price per Square Foot
$ 181
5 %
2 %
12 %
7 %
$ 177
5 %
5 %
November Month ' s Supply of Inventory
4.8
-8%
-3%
-14%
7 %
4.8
7 %
7 %
November Sale Price vs List Price Ratio
94.8 %
. 2 %
. 3 %
-. 5 %
. 3 %
94.2 %
-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
November Property sales were 647 , up 10.6 % from 585 in 900
November of 2016 and 10.6 % higher than the 585 sales last Property month . November Sales 2017 sales were at their highest level 1,000
800 November compared Property to November sales were of 2016 647 , and up 10.6 2015 %. from November 585 in YTD sales 900 700 November of 7,841 are of 2016 running and 2.3 10.6 % behind higher last than year the ' 585 s year-to-date sales last sales of month . November 2017 sales were at their highest level
800 600
8,026 . compared to November of 2016 and 2015 . November YTD sales 700 500
of 7,841 are running 2.3 % behind last year ' s year-to-date sales of 600 400 8,026 .
500 300

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

400
200
766 576 607 802 836 864
Number of Properties Sold
766 576 607 802 836 864 880 783 675 697 711 527 742 539 579 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 809 611 585 647
3,077 3,192 3,244 3,160 2,964 2,734 2,698 2,631 2,539 880 783 675 697
2,618 2,732 2,860 2,924
711
Number of Properties Sold
300
100
200
0
100
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
0
14
15
16
17
Prices
The Median Sales Price in November was $ 272,500 , up 9.9 %
Prices from $ 248,047 in November of 2016 and up 2.6 % from
The
$ 265,570 Median last Sales month Price . in The November Average was Sales $ 272,500 Price in , up November 9.9 % was
400 from
$ 353,155 $ 248,047 , up 13.7 in November % from $ 310,699 of 2016 and in November up 2.6 % from of 2016 and up
380
$
0.0 265,570 % from last $ month 352,990 . The last Average month . Sales November Price in 2017 November ASP was at
$ 353,155 , up 13.7 % from $ 310,699 in November of 2016 and up
360 the highest level compared to November of 2016 and 2015 .
0.0 % from $ 352,990 last month . November 2017 ASP was at
340 the highest level compared to November of 2016 and 2015 .
320
300
280
260
240
220
200
D
J
F M A M J
J
A
Median S O N D Sales
J
F M Price A M J and
J
A SAverage O N D
J Sales
F M A Price M J
J
A S O N
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
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
14
15
16
17
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
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
The
November Total Inventory was 3,128 of Properties , up 1.9 % from available 3,071 for last sale month as of and down
4,000
November
4.6 % from was 3,280 3,128 in , up November 1.9 % from of 3,071 last year last . month November and down 2017
4,0003,500
4.6
Inventory % from 3,280 was at in a November mid level of compared last year . with November November 2017 of
20163,5003,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
8.0
7.0
6.0
Inventory and 2015 was . at a mid level compared with November of 2016 and 2015 .
3,0002,500
2,5002,000
6.0
5.0
5.0
4.0
2,0001,500
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 November for sellers 2017 while MSI a
1,000 of 4.8
1,000
2.0 higher months MSI was is better at its lowest for buyers level . The compared November with 2017 November MSI of 4.8 of 2016
500 months was at its lowest level compared with November of 2016
500
1.0 and 2015 .
0 and 2015 .
0
0.0
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
J A S O N
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
3,077 3,192 3,244 3,160 2,964
527 742 539 579
3,278 3,464 3,430 3,383 3,175
2,734 2,698 2,631 2,539 2,618 2,732 2,860 2,924
796 875 861 870 790 803
3,278 3,464 3,430 3,383 3,175 3,117 2,980 2,876 2,888
3,117 2,980 2,876 2,888 3,105 3,280 3,293 729 599
3,105
3,280 585 724
3,594 3,654 3,688 3,522
530 603 837 791
3 Mo Avg
860 850
3,412 3,311 3,225 3,137 2,987 3,071 3,128
718
3,293 3,594 3,654 3,688 3,522 3,412 3,311 3,225 3,137
809
3 Mo Avg
611 585
2,987 3,071 3,128
647
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
48 | c o l d w e l l b a n k e r h o m e s . c o m
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 .