FL ARCHIVED July 2017 | Page 33

Market Action Report July 2017 City: Bradenton BRADENTON Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for July was 132, down 47.6% from 252 days last month and down 15.4% from 156 days in July of last year. The July 2017 DOM was at its lowest level compared with July of 2016 and 2015. 3 Mo Avg 700 600 500 400 300 221 200 156 132 100 0 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 Selling Price per Square Foot Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction