Market Action Report
City: Bradenton
Bradenton
Agent Name
Market Action Report
City: Bradenton
November 2017
Title
Phone
Agent
Name
Website
Title Other
November 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM
LY
$314,900
0%
5%
Other
$409,531 Trending
0% versus*: 9%
Month
LM 6%
L3M 4%
PYM 11%
LY
$249,000
$314,900
0% -1% 0%
5% 8%
$282,803
$409,531 1,433
0% 0%
9% -3%
$249,000 343
6% 14%
4% 11% 5%
11%
$282,803 -1%
0%
8%
10%
70 -5% 0% 17%
1,433 $168
0% 6% 5%
-3% 7%
343 14%
5%
$147 1% 0% 7%
70 -5% 0% 17% 4%
4.2 -12% -6% -7%
$168 6% 5% 7% 13%
95.2% .5% .2% -.6%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
Market
Profile
& Trends
Overview
November
Median
Sales Price
Median
List Price
of all
Current
November
Average
Sales
Price Listings
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
November
Sales
Price
November Median
Number
of Properties
Sold
November Average Sales Price
November Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
November Number of Properties Sold
November Sold Price per Square Foot
November Average Days on Market (Solds)
November Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
November Sale Price vs List Price Ratio
November Sold Price per Square Foot
Trending versus*:
Prior YTD 6%
Prior Year 6%
11% YTD
$239,000
10%
$271,418
6%
6%
$239,000 4,180
6%
$271,418
6%
4%
70
13%
8%
9%
.5%
-3% 6%
4% 6%
6%
7%
4%
6%
5%
-0%
$157
4,180
-3%
$144
70
4%
4.0
$157
6%
94.7%
4%
5%
6%
6%
-0%
$147 1% 0% 7% 8%
$144
7%
6%
4.2 -12% -6% -7% 9%
4.0
6%
6%
of 94.7%
Properties
95.2% .5% .2% -.6% Number
.5%
-0% Sold -0%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
November Month's Supply of Inventory
November Sale Price vs List Price Ratio
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Property
Sales
500
November Property sales were 343, up 4.6% from 328 in
November of 2016 and 13.6% higher than the 302 sales last
Property
Sales 2017 sales were at their highest level
month. November
500
November
sales were
343, and
up 4.6%
328 in YTD sales
compared Property
to November
of 2016
2015. from
November
450
November
of 2016
and 13.6%
higher than
the 302
sales last sales of
of 4,180 are
running
2.7% behind
last year's
year-to-date
400
month.
November
2017
sales
were
at
their
highest
level
4,296.
Trending versus*:
Prior YTD Prior Year
YTD
3 Mo Avg
Number of Properties Sold
450
3 Mo Avg
400
350
300
compared to November of 2016 and 2015. November YTD sales 350 250
of 4,180 are running 2.7% behind last year's year-to-date sales of 300 200
4,296.
250 150
429
314
428
D J F M A M J J A S Median
O N D J Sales
F M A Price
M J J and
A S Average
O N D J Sales
F M A Price
M J J A S O N
3 Mo Avg
14 15
16
17
Prices
The Median Sales Price in November was $249,000, up 10.7%
from $225,000 in November of 2016 and up 6.0% from
Prices
290
The
Median last
Sales month.
Price in The
November
$249,000,
10.7% was
$235,000
Average was
Sales
Price in up
November
from
$225,000
November
of 2016 and
up 6.0% from
$282,803,
up in
8.2%
from $261,485
in November
of 2016 and 290 270
$235,000
last from
month.
The Average
Sales Price
in November
was was 250
down 0.5%
$284,329
last month.
November
2017 ASP
$282,803,
up 8.2%
$261,485
November
2016 and
and 2015. 270
at the highest
level from
compared
to in
November
of of
2016
down 0.5% from $284,329 last month. November 2017 ASP was 250 230
at the highest level compared to November of 2016 and 2015.
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
0
0
50
50
100
200 100
150
Median Sales Price and Average Sales Price
3 Mo Avg
230 210
210 190
190 170
170 150
150
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)
Total Inventory & Month's Supply of Inventory (MSI)
7.0
and 2015.
0
7.0 6.0
6.0 5.0
The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,800
November
was 1,433,
up 0.2% from
1,430
The
Total Inventory
of Properties
available
for last
sale month
as of and down
1,800 1,600
2.6% from
1,471
in November
of last
year.
2017
November
was
1,433,
up 0.2% from
1,430
last November
month and down
Inventory
was in
at November
a mid level of compared
November
2.6%
from 1,471
last year. with
November
2017 of 2016 1,600 1,400
1,400 1,200
Inventory
and 2015. was at a mid level compared with November of 2016
1,200 1,000
and 2015.
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
A higher
comparatively
lower MSI
is more The
beneficial
for sellers
MSI is better
for buyers.
November
2017 while
MSI a of 4.2 600 400
400 200
higher
MSI
is better
for buyers.
November
MSI of 4.2
month