FL ARCHIVED July 2017 - Page 49

Market Action Report July 2017 Manatee County County: Manatee Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for July was 84, up 9.1% from 77 days last month and up 20.0% from 70 days in July of last year. The July 2017 DOM was at a mid level compared with July of 2016 and 2015. 3 Mo Avg 100 84 90 80 70 68 70 60 50 40 30 20 10 0 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 15 16 17 Selling Price per Square Foot Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values. Since Median Sales Price and Average Sales price can be impacted by the 'mix' of high or low end Properties in the market, the selling price per square foot is a more normalized indicator on the direction of Property values. The July 2017 Selling Price per Square Foot of $177 was down 0.5% from $178 last month and up 5.0% from 169 in July of last year. 200 190 180 170 160 150 140 130 120 110 100 3 Mo Avg 177 169 151 A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J 14 15 16 17 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The S VƖr&6Rg2&vƗ7Fr&6R&WfV2FRfW&vPVBFB6VW'2&Rw&VVrF6RFvg&FV &vƗ7B&6RFRvW"FR&F2&VrRFR&R`'WW"w2&WBW7G2&FB"&fRRF6FW2&Pb6VW"w2&WBFRVǒ#r6VƖr&6Rg2&vƗ7@&6RbBRv2Fvg&BR7BFBFvg&УBbRVǒb7BV"2fpfr6VƖr&6RFfFVB'frƗ7Fr&6Rf"6B&W'FW2GW&rFRFbPbPRPRPBPBP2P2P"P"PPPBrPBbPBP2Bb2Bb2Bb@P`pfVF'WrƗ7Fw26W0fVF'WrƗ7Fw26W0""S22SBF27BfWrbFR&WB6&W2FǒfVF'`&W'FW2f"6RrvFWrƗ7Fw2B6W2FRw&6w2FR&62V6V6ƗGbFR&WB2vV2FP&VF6&WGvVVFW6RFV2FRV&W"bWrƗ7Fw0Vǒ#rv2SWRg&327BFBWrPg&SVǒb7BV"SS2Bb2Bb2Bb@P`p6&vB *6GvV&W"&W6FVF&VW7FFR6GvV&W"VFVB&VF'2&6R&vS&W'GGW34d6FF2&fFVB6W'FW7bw&VFW"f'BVFW&FR$TD%2$TD"766Fb'F6VG֖֒766Fb$TD%2גf&F&Vv2W2&V&&Bb$TD%2$TD%2766FbFR&V6W276R67B766Fb$TD%0FW2Bv'&B"wV&FVRFR67W&7bF2f&FB2FR&W76&ƗGb'WW""6VW"FfW&gBf&F&VWfBF7V667VW.( 2&VW7FFRG&67F2GrV"W"W22ЧC