FL ARCHIVED July 2016 | Page 44

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
$ 1,599,000
1 %
22 %
Average List Price of all Current Listings
$ 1,776,434
0 %
12 %
July Median Sales Price
$ 1,435,000
-4%
0 %
14 %
8 %
$ 1,425,000
5 %
8 %
July Average Sales Price
$ 1,338,333
-12%
-8%
6 %
-10%
$ 1,489,563
-10%
0 %
Total Properties Currently for Sale ( Inventory )
69
10 %
15 %
July Number of Properties Sold
3
-50%
50 %
21
50 %
July Average Days on Market ( Solds )
156
-25% -46% -29%
-2%
249
26 %
57 %
Asking Price per Square Foot ( based on New Listings )
$ 427
34 %
11 % -12%
15 %
$ 393
8 %
6 %
July Sold Price per Square Foot
$ 367
17 %
6 %
5 %
10 %
$ 348
2 %
4 %
July Month ' s Supply of Inventory
23.0
119 %
9 %
-23% -17%
31.6
-11%
14 %
July Sale Price vs List Price Ratio
91.7 %
6.8 % 4.2 % 10.2 %
2.9 %
88.5 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Number of Properties Sold
3 Mo Avg
Property Sales
9
July Property sales were 3 , up 50.0 % from 2 in July of 2015 and
50.0 % lower than the 6 sales last month . July 2016 sales were at
8
their highest level compared to July of 2015 and 2014 . July YTD
7
sales of 21 are running 50.0 % ahead of last year ' s year-to-date sales of 14 .
6
5
4
3
2
1
0
3 Mo Avg
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
13
14
15
16
Prices
The Median Sales Price in July was $ 1,435,000 , up 14.2 % from
$ 1,257,000 in July of 2015 and down 4.4 % from $ 1,500,385
2,600
Median Sales Price and Average Sales Price
3 Mo Avg
last month . The Average Sales Price in July was $ 1,338,333 , up
2,400
6.5 % from $ 1,257,000 in July of 2015 and down 12.2 % from
2,200
$ 1,525,128 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
2,000
1,800
Inventory & MSI The Total Inventory of Properties available for sale as of July was 69 , up 9.5 % from 63 last month and up 15.0 % from 60 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 23.0 months was at its lowest level compared with July of 2015 and 2014 .
1,600 1,400 1,200
1,000
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
80
13
14
15
16
80.0
70
60
Total Inventory & Month ' s Supply of Inventory ( MSI )
50 80
70
40 60
30 50 20 10 40 0
30 20 10 0
37 37
37 37
38
38 43 43 45
43 43 45
A S O N D 13
J
14
49 50
49
50 53 50 52 52 54
53 50 52 52 54 62 61 64 63
62 61 64 63
67
67 70 70 70
62 60 60 56 55 55 56 60 61 62 66 64
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
13
14
15
16
70 70 70
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
15
16
62 60 60 56 55 55 56 60 61 62 66 64
60 60
63 63
69 69
J
J
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
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 2 6 3
44 | c o l d w e l l b a n k e r h o m e s . c o m