FL ARCHIVED January 2018 | Page 48

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 376,390
2 %
2 %
Average List Price of all Current Listings
$ 562,714
-1%
1 %
January Median Sales Price
$ 280,000
-1%
2 %
8 %
4 %
$ 280,000
8 %
4 %
January Average Sales Price
$ 361,873
4 %
2 %
5 %
4 %
$ 361,873
5 %
4 %
Total Properties Currently for Sale ( Inventory )
3,380
5 %
-6%
January Number of Properties Sold
560 -24%
6 %
560
6 %
January Average Days on Market ( Solds )
79
0 %
-2%
7 %
1 %
79
7 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 214
5 %
3 %
9 %
9 %
$ 214
9 %
9 %
January Sold Price per Square Foot
$ 186
5 %
4 %
4 %
5 %
$ 186
4 %
5 %
January Month ' s Supply of Inventory
6.0
37 %
18 % -11%
26 %
6.0
-11%
26 %
January Sale Price vs List Price Ratio
94.0 %
-. 4 % -. 5 % -. 1 %
-. 3 %
94.0 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
1,000
January Property sales were 560 , up 5.7 % from 530 in January of 2017 and 23.6 % lower than the 733 sales last month . January
900
Property
2018 sales Sales were at their highest level compared to January of
1,000
800
January
2017 and Property 2016 . sales January were YTD 560 , sales up 5.7 of % 560 from are 530 running January 5.7 % of ahead 2017 and of last 23.6 year % lower ' s year-to-date than the 733 sales sales of last 530 month . . January
2018 sales were at their highest level compared to January of
900
800
700
600
2017 and 2016 . January YTD sales of 560 are running 5.7 %
700
500
ahead of last year ' s year-to-date sales of 530 .
600
400

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

500 300
Number of Properties Sold
607 802 836 864 880 783 675 697 711 527 742 539 579 796 875 861 870 790 803 729 599 585 724 530 603 837 791 860 850 718 810 611 586 652 733 560
3,244 3,159 2,964 2,734 2,698 2,631
F
15
607 802 836 864 880 783 675 697
2,539 2,618 2,732 2,860 2,924
711 3,278 3,464
J A S O N D J
16
527 742
Number of Properties Sold
400
200
300
100
200
0
100
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 280,000 , up 7.7 % from
Prices
$ 260,000 in January of 2017 and down 0.9 % from $ 282,500
The last Median month Sales . The Price Average in January Sales Price was $ in 280,000 January , up was 7.7 $ % 361,873 from ,
400
$ up 260,000 5.5 % from in January $ 343,154 of 2017 in January and down of 0.9 2017 % from and up $ 282,500 4.2 % from last month . The Average Sales Price in January was $ 361,873 ,
380
$ 347,251 last month . January 2018 ASP was at the highest level up 5.5 % from $ 343,154 in January of 2017 and up 4.2 % from
360 compared to January of 2017 and 2016 .
$ 347,251 last month . January 2018 ASP was at the highest level
340 compared to January of 2017 and 2016 .
320
300
280
260
240
220
200
F
M A M J
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
18
3 Mo Avg
400
Median Sales Price and Average Sales Price
380
3 Mo Avg
360
340
320
300
280
260
240
220
200
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 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
17 A M J
J
A S O N D
J
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
The
January Total Inventory was 3,380 of , up Properties 4.8 % from available 3,226 for last sale month as of and down
4,000
January
6.0 % from was 3,595 3,380 , in up January 4.8 % from of last 3,226 year last . January month and 2018 down
4,0003,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
8.0
7.0
6.0
Inventory % from 3,595 was at in a January mid level of last compared year . January with January 2018 of 2017 and
3,5003,000
7.0
6.0
Inventory
2016 . was at a mid level compared with January of 2017 and
3,0002,500
6.0
5.0
2016 .
2,5002,000
5.0
4.0
2,000
1,500
A comparatively lower MSI is more beneficial for sellers while
1,500 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 6.0
1,000 higher MSI is better for buyers . The January 2018 MSI of 6.0
1,000 months was at its lowest level compared with January of 2017
500 months was at its lowest level compared with January of 2017
500 and 2016 .
0 and 2016 .
0
F
M A M J
M A J
15
J A S O N D J
F M A M J
F M A M J
16
J A S O N D J
F M A M J
F M A M J
17
4.0
3.0
2.0
1.0
0.0
J A S O N D J
18
3.0
2.0
1.0
0.0
3,244 3,159 2,964 2,734 2,698 2,631 2,539 2,618 2,732 2,860 2,924
539 579 796 875 861
3,430
3,383 3,175 3,117 2,980 2,877 2,889
870
3,278 3,464 3,430 3,383 3,175 3,117 2,980 790 803
2,877 2,889
3,106 3,282 3,295
729
J A S O N D J
17
599 585 724 3,595
530
3,106 3,595
3,655 3,282
3,690 3,295 3,524 3,417
603 837 791 860 850
3 Mo Avg
718 810
3,318 3,234 3,149 3,010 3,119 3,227 3,226 3,380
J A S O N D J
18
611 586
3,655 3,690 3,524 3,417 3,318 3,234 3,149 3,010 3,119 3,227
3 Mo Avg
652 733
3,226 3,380
560
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 .