FL ARCHIVED April 2016 | Page 46

Bradenton Community Information | School District

Bradenton Community Information | School District

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
$ 1,554,500
-1%
12 %
Average List Price of all Current Listings
$ 1,719,905
0 %
5 %
April Median Sales Price
$ 1,275,000
11 % #### 13 %
544 %
$ 200,000
14 %
1 %
April Average Sales Price
$ 1,511,000
9 %
#### 34 %
543 %
$ 237,892
9 %
1 %
Total Properties Currently for Sale ( Inventory )
68
-1%
-4%
April Number of Properties Sold
5
67 %
####
10
11 %
April Average Days on Market ( Solds )
417
#### #### ####
513 %
67
-11%
-1%
Asking Price per Square Foot ( based on New Listings )
$ 317
-21% -19% -17% -14%
$ 391
5 %
6 %
April Sold Price per Square Foot
$ 352
13 % #### 82 %
186 %
$ 130
12 %
6 %
April Month ' s Supply of Inventory
13.6
-41% -60% -62% -52%
41.2
29 %
46 %
April Sale Price vs List Price Ratio
85.8 %
-. 3 % #### -. 2 % -9.0%
94.5 %
2 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 5 , up 150.0 % from 2 in April of 2015 and 66.7 % higher than the 3 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 10 are running 11.1 % ahead of last year ' s yearto-date sales of 9 .
Prices The Median Sales Price in April was $ 1,275,000 , up 13.3 % from $ 1,125,000 in April of 2015 and up 10.9 % from $ 1,150,000 last month . The Average Sales Price in April was $ 1,511,000 , up 34.3 % from $ 1,125,000 in April of 2015 and up 8.7 % from $ 1,389,551 last month . April 2016 ASP was at a mid range compared to April of 2015 and 2014 .
Inventory & MSI The Total Inventory of Properties available for sale as of April was 68 , down 1.4 % from 69 last month and down 4.2 % from 71 in April of last year . April 2016 Inventory was at a mid level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 13.6 months was at its lowest level compared with April of 2015 and 2014 .
Number of Properties Sold
9 8 7 6 5 4 3 2 1 0
3 Mo Avg 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 13
14 15
16
Median Sales Price and Average Sales Price
3 Mo Avg
2,600 2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
80 70
60 80
50 70
40 60
30 50 20 10 40 0
30 20 10 0
40 40
M 13
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
13
14
15
16
38 38
37 37
37 37
37 37
Total Inventory & Month ' s Supply of Inventory ( MSI )
38
38 43 43 45
43 43 45
J
J
A
S O N D
J
14
49 50
49
50 53 50 52 52 54
53 50 52 52 54 62 61 64
62 61 64 63 67 70 71 71
63 61 61 57 56 57 58 62 63 65
F M A
80.0
69 68
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
13
14
15
16
63 67 70 71
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
15
16
71
63 61 61 57 56 57 58 62 63 65
69
3 Mo Avg
68
70.0 60.0 50.0
40.0 80.0
30.0 70.0
20.0 60.0
10.0 50.0
0.0 40.0 30.0
20.0 10.0 0.0
3 2 3 4 0 1 2 1 2 1 1 1 7 3 0 1 2 1 3 3 2 2 3 2 1 2 2 2 0 4 8 8 1 1 3 5
46 | c o l d w e l l b a n k e r h o m e s . c o m