FL ARCHIVED December 2017 | Page 26

Market Action Report December 2017 County: Manatee MANATEE Market Action Report COUNTY Agent Name December 2017 Title Phone Name Agent Website Title Other Phone Trending versus*: Website LM L3M PYM LY Month Other 1% $1,495,000 0% County: Manatee Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Market Profile & Trends Overview Median List Price all Current Listings Price Range: $1,000,000 and Up of | Properties: SFH - Con Trending versus*: Prior YTD Prior Year YTD Trending versus*: $2,074,931 1% Trending versus*: 7% Month 13% LM L3M LY YTD Prior YTD Prior $1,525,000 11% PYM 19% 7% $1,380,000 -4% -3% Year $1,495,000 1% 0% $1,562,887 -13% -4% -2% -13% $1,663,358 -8% -7% Average List Price Currently of all Current Listings $2,074,931 7% Tot al Properties for Sale (Inventory) 343 1% 0% -11% December Price $1,525,000 -4% -3% December Median Number Sales of Properties Sold 23 13% -4% 11% 19% 44% 7% $1,380,000 304 1% December $1,562,887 -2% -13% -8% -7% December Average Average Sales Days Price on Market (Solds) 189 -13% 6% -4% 23% 14% 25% $1,663,358 175 17% 16% Total Properties for Sale (Inventory) 343 0% Asking Price per Currently Square Foot (based on New Listings) $538 2% 2% -11% -1% -1% $534 -3% -2% December of Properties 23 -4% 304 1% December Number Sold Price per Square Sold Foot $495 -8% 2% 44% -4% -9% $523 -4% -4% December Average Days on Market (Solds) 189 6% 23% 14% 25% 175 17% 16% December Month's Supply of Inventory 14.9 4% 5% -38% -17% 15.1 -16% -16% Asking Price Sale per Price Square (based on New Listings) $538 -1.2% 2% -.5% 2% 1.5% -1% -.6% -1% $534 -3% -2% December vs Foot List Price Ratio 89.8% 88.1% -3% -2% * LM=Last Month Sold / L3M=Last 3 Months December Price per / PYM=Same Square Month Foot Prior Year / LY=Last Year (2016) / YTD = Year-to-date $495 -8% 2% -4% -9% $523 -4% -4% December Month's Supply of Inventory 14.9 4% 5% -38% -17% 15.1 -16% -16% Number of Properties Sold December Price vs List Price Ratio 89.8% -1.2% -.5% 1.5% -.6% 88.1% -3% -2% Property Sale Sales Average List Price of all Current Listings Market Profile & Sales Trends Overview December Median Price Median List Price of all Current December Average Sales Price Listings 60 * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date December Property sales were 23, up 43.8% from 16 in December of 2016 and 4.2% lower than the 24 sales last month. 50 December 2017 sales were at a mid level compared to December Property of 2016 and Sales 2015. December YTD sales of 304 are running 0.7% 60 40 December Property were 23, sales up 43.8% ahead of last year's sales year-to-date of 302. from 16 in December of 2016 and 4.2% lower than the 24 sales last month. 50 December 2017 sales were at a mid level compared to December 30 3 Mo Avg Number of Properties Sold 3 Mo Avg of 2016 and 2015. December YTD sales of 304 are running 0.7% 40 20 ahead of last year's year-to-date sales of 302. 37 20 20 3 Mo Avg 1,700 2,100 1,500 1,900 1,300 1,700 1,300 Inventory & MSI Median Sales Price and Average Sales Price 1,900 2,300 1,100 1,500 The Total Inventory of Properties available for sale as of December was 343, equal to 343 last month and down 10.9% from 385 in December of last year. December 2017 Inventory Inventory MSI was at a mid & level compared with December of 2016 and 2015. The Total Inventory of Properties available for sale as of December was 343, equal to 343 last month and down 10.9% from 385 in December of last year. December 2017 Inventory A comparatively MSI is more beneficial sellers while a was at a mid level lower compared with December of for 2016 and 2015. higher MSI is better for buyers. The December 2017 MSI of 14.9 months was at a mid level compared with December of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The December 2017 MSI of 14.9 months was at a mid level compared with December of 2016 and 2015. Median Sales Price and Average Sales Price 0 3 Mo Avg 2,300 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 15 16 17 2,100 1,100 500 400 300 500 200 400 100 300 0 200 100 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 15 16 17 Total Inventory & Month's Supply of Inventory (MSI) 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 15 16 17 35.0 Total Inventory & Month's Supply of Inventory (MSI) Prices 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 15 16 17 10 The Median Sales Price in December was $1,525,000, up 18.9% from $1,282,500 in December of 2016 and up 13.0% from $1,350,000 last month. The Average Sales Price in December Prices was $1,562,887, down 1.6% from $1,588,635 in December of The Median Sales 13.4% Price from in December was last $1,525,000, up 18.9% 2016 and down $1,804,792 month. December from of 2016 and up 13.0% from of 2016 2017 $1,282,500 ASP was at in the December lowest level compared to December $1,350,000 and 2015. last month. The Average Sales Price in December was $1,562,887, down 1.6% from $1,588,635 in December of 2016 and down 13.4% from $1,804,792 last month. December 2017 ASP was at the lowest level compared to December of 2016 and 2015. 20 0 30 10 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 15 16 17 0 30.0 25.0 20.0 35.0 15.0 30.0 10.0 25.0 5.0 20.0 0.0 15.0 10.0 5.0 0.0 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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 15 16 17 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 Association of REALT 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. Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con 26 | coldwellbankerluxury.com 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 Association of REAL 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.