FL ARCHIVED June 2017 | Page 50

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 319,000
1 %
6 %
Average List Price of all Current Listings
$ 423,711
3 %
12 %
June Median Sales Price
$ 236,000
-5%
0 %
-2%
5 %
$ 235,000
9 %
4 %
June Average Sales Price
$ 268,515
-5%
1 %
-4%
4 %
$ 264,040
6 %
3 %
Total Properties Currently for Sale ( Inventory )
1,419
-5%
1 %
June Number of Properties Sold
445
-4%
-5%
2,398
1 %
June Average Days on Market ( Solds )
69
3 %
1 %
-3%
3 %
68
-1%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 158
-1%
2 %
9 %
6 %
$ 157
8 %
5 %
June Sold Price per Square Foot
$ 144
-2%
0 %
3 %
6 %
$ 142
7 %
4 %
June Month ' s Supply of Inventory
3.2
-2%
-6%
6 %
-16%
4.0
-0%
5 %
June Sale Price vs List Price Ratio
94.8 %
. 3 %
. 3 %
. 6 %
. 1 %
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
June Property sales were 445 , down 4.5 % from 466 in June of
2016 and 3.9 % lower than the 463 sales last month . June 2017
450
Property sales were Sales at a mid level compared to June of 2016 and 2015 .
500
400
June Property YTD sales sales of were 2,398445 are , down running 4.5 % 0.8 from % ahead 466 in of June last of year ' s
450
2016 year-to-date and 3.9 % sales lower of than 2,378 the . 463 sales last month . June 2017 sales were at a mid level compared to June of 2016 and 2015 .
400
350
300
June YTD sales of 2,398 are running 0.8 % ahead of last year ' s
350
250
year-to-date sales of 2,378 .
300
200
250
150
200
100
150
50
100
0
50
0
Prices
The Median Sales Price in June was $ 236,000 , down 2.1 % from
Prices
$ 241,000 in June of 2016 and down 5.4 % from $ 249,500 last
290
The month Median . The Sales Average Price Sales in June Price was in $ 236,000 June was , down $ 268,515 2.1 % , from down
$
3.8 241,000 % from in June $ 279,054 of 2016 in June and down of 2016 5.4 % and from down $ 249,500 4.9 % from last
290
270
month
$ 282,467 . The last Average month Sales . June Price 2017 in June ASP was $ at 268,515 a mid , range down
3.8 compared % from $ to 279,054 June of in 2016 June and of 2016 2015 and . down 4.9 % from
$ 282,467 last month . June 2017 ASP was at a mid range
270
250
250
230
compared to June of 2016 and 2015 .
230
210

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

210 190
190 170
378 376 341 379
Number of Properties Sold
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
14
15
16
17
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
378 376 341 379 313 404 302 327 431 445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 451 413 463 445
J A S O N D
14
313 404
170
150
150
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
A
14 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 A
17 M J
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 June
The was Total 1,419 Inventory , down 5.4 of % Properties from 1,500 available last month for sale and as up of 1.3 June % from
1,800 was
1,401 1,419 in , June down of 5.4 last % from year . 1,500 June last 2017 month Inventory and up was 1.3 % at from its
1,8001,600
1,401 highest in June level of compared last year . with June June 2017 Inventory of 2016 and was 2015 at its .
1,6001,400 highest level compared with June of 2016 and 2015 .
1,4001,200
1,2001,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
7.0
6.0
5.0
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The June 2017 MSI of 3.2 higher MSI is better for buyers . The June 2017 MSI of 3.2
400 months was at its highest level compared with June of 2016 and months was at its highest level compared with June of 2016 and
200
2015 .
2015 .
0
800
4.0
600
3.0
400
2.0
200
1.0
0
0.0
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 D J
F M A M J
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
302 327 431
1,410 1,453 1,446 1,467 1,499 1,481 1,532 1,531 1,487
445
1,410 1,453 1,446 1,467 1,499 1,481 1,532 1,531 1,487 1,416 1,298 1,302 1,254
420
Number of Properties Sold
444 417 382 368
1,210 1,255 1,313 1,325 1,383
379
1,416 1,298 1,302 1,254 1,210 1,255 1,313
295
1,537 1,622
398
1,325 1,383
269 314 429 465 435
1,537 1,622 1,564 1,524 1,424 1,401
466
1,564
1,524 1,424 1,401 1,338 1,272 1,297
1,401 428 428 404
1,338 1,467 1,272 1,463 1,297
1,401 330 328 397
3 Mo Avg
288
3 Mo Avg
1,593 1,574 1,611 1,561 1,500 1,419 338 451
1,467
1,463 1,593 1,574 1,611 1,561
3 Mo Avg
413 463
1,500 1,419
445
50 | 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 .