FL ARCHIVED July 2017 | Page 32

Market Action Report July 2017

BRADENTON

City : Bradenton

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,607,580
1 %
-5%
Average List Price of all Current Listings
$ 2,015,131
2 %
9 %
July Median Sales Price
$ 1,183,000
5 %
-2% -18% -17%
$ 1,235,000
-13%
-14%
July Average Sales Price
$ 1,183,000
0 %
-6% -12% -21%
$ 1,305,643
-12%
-13%
Total Properties Currently for Sale ( Inventory )
62 -11%
5 %
July Number of Properties Sold
1 -67%
-67%
18
-14%
July Average Days on Market ( Solds )
132 -48% -42% -15% -47%
240
-4%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 427
20 %
11 %
-1%
6 %
$ 389
-10%
-3%
July Sold Price per Square Foot
$ 340
7 %
13 %
-7%
-4%
$ 305
-12%
-14%
July Month ' s Supply of Inventory
62.0
166 % 92 % 215 % 123 %
35.9
19 %
29 %
July Sale Price vs List Price Ratio
91.8 %
4.9 % 3.8 %
. 1 %
5.0 %
87.1 %
-2%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
9
July Property sales were 1 , down 66.7 % from 3 in July of 2016
and 66.7 % lower than the 3 sales last month . July 2017 sales
8 were at their lowest level compared to July of 2016 and 2015 .
7
Property
July YTD sales Sales of 18 are running 14.3 % behind last year ' s year-todate sales of 21 .
9
July Property sales were 1 , down 66.7 % from 3 in July of 2016
6 and 66.7 % lower than the 3 sales last month . July 2017 sales
8
5
Number of Properties Sold
3 Mo Avg
were at their lowest level compared to July of 2016 and 2015 .
7
4
July YTD sales of 18 are running 14.3 % behind last year ' s year-todate sales of 21 .
3
6
5
2
4
1
3
0
2
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S O N D
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F M A M J
J
A
S O N D
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F M A M J
J
A
S O N D
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F M A M J
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1
14
15
16
17
Prices
The Median Sales Price in July was $ 1,183,000 , down 17.6 % from $ 1,435,000 in July of 2016 and up 5.2 % from $ 1,125,000 last month . The Average Sales Price in July was $ 1,183,000 ,
Prices down 11.6 % from $ 1,338,333 in July of 2016 and up 0.1 % from
The
$ 1,181,667 Median last Sales month Price . in July July 2017 was ASP $ 1,183,000 was at the , down lowest 17.6 level % from compared $ 1,435,000 to July in of July 2016 of and 2016 2015 and . up 5.2 % from $ 1,125,000
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,600
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
2,400
Median Sales Price and Average Sales Price
2,200
3 Mo Avg
2,600
2,000
last month . The Average Sales Price in July was $ 1,183,000 ,
2,400
1,800
down 11.6 % from $ 1,338,333 in July of 2016 and up 0.1 % from
$ 1,181,667 last month . July 2017 ASP was at the lowest level compared to July of 2016 and 2015 .
2,200
1,600
2,000
1,400
1,800
1,200
1
1,600 1,000 1,400 1,200
, Coast Association of REAL
Inventory & MSI
The Total Inventory of Properties available for sale as of July was 62 , down 11.4 % from 70 last month and up 5.1 % from 59 in
1,000
80
Total Inventory & Month ' s Supply of Inventory ( MSI )
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
80.0
July of last year . July 2017 Inventory was at its highest level
70
70.0
Inventory compared with & MSI July of 2016 and 2015 .
60
Total Inventory & Month ' s Supply of Inventory ( MSI )
60.0
The Total Inventory of Properties available for sale as of July was 62 , down 11.4 % from 70 last month and up 5.1 % from 59 in
July of last year . July 2017 Inventory was at its highest level compared
A comparatively with July lower of 2016 MSI and is more 2015 beneficial . for sellers while a higher MSI is better for buyers . The July 2017 MSI of 62.0 months was at its highest level compared with July of 2016 and
2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2017 MSI of 62.0 months was at its highest level compared with July of 2016 and 2015 .
80 70
40 60
30 50
20 40
10
0
30
20
10
0
A
S O N D J
F M A M J
14
15
J
A S O N D J
F M A M J
16
J
A S O N D J
F M A M J
17
J 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
A
S O N D J
F M A M J
J
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
14
15
Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional
A S O N D J
F M A M J
16 MLS , Naples Area Board of REALTORS
J REALTORS
A S O N D J
F M A M J
17 Association of the Palm Beaches ,
J Space
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 .
32 | coldwellbankerluxury . com
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70 70 70
1 2 2
62 60 60
2 0 4
56 54 54 55 8 8 1
59 61 61
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62 61 64 63 67 70 70 70
62 60 60 56 54 54 55 59 61 61 64 64
3 60 60
5 55
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6 59 59
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