FL ARCHIVED October 2017 | Page 50

Market Action Report October 2017
Community Information | School District
Market Action Report October 2017

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
$ 318,990
-0%
6 %
Average List Price of all Current Listings
$ 413,552
1 %
10 %
October Median Sales Price
$ 235,000
-2%
-2%
5 %
4 %
$ 238,000
6 %
6 %
October Average Sales Price
$ 283,411
-2%
1 %
12 %
10 %
$ 270,324
6 %
5 %
Total Properties Currently for Sale ( Inventory )
1,397
2 %
-0%
October Number of Properties Sold
301
-5%
-9%
3,836
-3%
October Average Days on Market ( Solds )
74
6 %
4 %
16 %
10 %
69
1 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 161
2 %
3 %
8 %
8 %
$ 156
6 %
5 %
October Sold Price per Square Foot
$ 146
-3%
0 %
8 %
7 %
$ 144
7 %
6 %
October Month ' s Supply of Inventory
4.6
7 %
13 %
9 %
22 %
4.0
7 %
5 %
October Sale Price vs List Price Ratio
94.7 %
. 0 %
. 0 %
-. 7 %
-. 0 %
94.6 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
October Property sales were 301 , down 8.8 % from 330 in
October of 2016 and 5.0 % lower than the 317 sales last month .
450
Property
October 2017 Sales sales were at their lowest level compared to
500
400
October Property of 2016 sales and 2015 were . 301 October , down YTD 8.8 % sales from of 330 3,836 in are
October running of 3.3 2016 % behind and 5.0 % last lower year than ' s year-to-date the 317 sales sales last of month 3,968 . .
October 2017 sales were at their lowest level compared to
450
400
350
300
October of 2016 and 2015 . October YTD sales of 3,836 are
350
250
running 3.3 % behind last year ' s year-to-date sales of 3,968 .
300
200
250
150
200
100
150
50
100
0
50
0
N
D
14
Prices
The Median Sales Price in October was $ 235,000 , up 4.6 % from
Prices
$ 224,650 in October of 2016 and down 2.1 % from $ 239,990
290
The last Median month Sales . The Price Average in October Sales Price was $ in 235,000 October , up was 4.6 $ % 283,411 from ,
$ up 224,650 11.8 % in from October $ 253,579 of 2016 in and October down of 2.1 2016 % from and $ down 239,990 2.1 % from
290
270
last
$ 289,494 month . last The month Average . October Sales Price 2017 in October ASP was was at the $ 283,411 highest , level up 11.8 % from $ 253,579 in October of 2016 and down 2.1 % from
270 compared to October of 2016 and 2015 .
$ 289,494 last month . October 2017 ASP was at the highest level
250
250
230
compared to October of 2016 and 2015 .
230
210

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

210 190
190 170
313 404 302 327 431 445
Number of Properties Sold
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
14
15
16
17
J
F M A M J
15
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
J
A S O
3 Mo Avg
Median Sales Price and Average Sales Price
313 404 302 327 431 445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 452 413 464 449 379 435 317 301
170 150 150
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
14 J F
15 M 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 J J A S O
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 1,397 , of up Properties 1.7 % from available 1,374 last for month sale as of and down 1,800
7.0
October 0.4 % from was 1,397 1,403 , up in October 1.7 % from of 1,374 last year last . month October and 2017 down 1,8001,600
7.0 6.0
0.4 Inventory % from 1,403 was at in a October mid level of last compared year . October with October 2017 of 2016 and 1,6001,400 6.0
Inventory was at a mid level compared with October of 2016 and 1,400
5.0 2015 .
1,200 5.0
2015 . 1,2001,000
4.0
1,000 800 4.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
800 600 3.0
A comparatively lower MSI is more beneficial for sellers while a 600
2.0 higher MSI is better for buyers . The October 2017 MSI of 4.6 400
2.0 higher MSI is better for buyers . The October 2017 MSI of 4.6 400 months was at its highest level compared with October of 2016 200
1.0 months was at its highest level compared with October of 2016 200 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 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 14 15
16 17
14 15 16
17
1,499 1,481 1,532 1,531 1,487 1,416
420
1,499 1,481 1,532 1,531 1,487 1,416 1,298 1,303 1,255 444 417
1,298 1,303 1,255 382 368
1,211 1,256
1,211 1,256 1,314 1,326 1,383
Number of Properties Sold
379 295
1,537 1,622
398
1,314 1,326 1,383
269 314 429 465 435 466
1,537 1,622 1,564 1,524 1,424 1,401 1,338
1,564
1,524 1,424 1,401 1,338 1,273 1,299
1,403
428 428
1,273 1,470
1,466 1,299 404 330 328 397
1,403 1,597 1,579
1,619 1,570
288 338 452 413
3 Mo Avg
464
3 Mo Avg
1,518 1,472 1,446 1,437 1,374 1,397 449 379
1,470
1,466 1,597 1,579 1,619 1,570 1,518 1,472 1,446 1,437
3 Mo Avg
435 317
1,374 1,397
301
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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 .