FL ARCHIVED May 2017 | Page 50

Market Action Report May 2017
Community Information | School District
Market Action Report May 2017

City : Bradenton

Price Range : All | 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
$ 320,000
2 %
7 %
Average List Price of all Current Listings
$ 421,643
5 %
11 %
May Median Sales Price
$ 249,250
13 %
6 %
8 %
11 %
$ 235,000
14 %
4 %
May Average Sales Price
$ 282,382
11 %
8 %
9 %
10 %
$ 263,013
8 %
2 %
Total Properties Currently for Sale ( Inventory )
1,454
-6%
2 %
May Number of Properties Sold
464
13 %
7 %
1,953
2 %
May Average Days on Market ( Solds )
67
0 %
0 %
-8%
0 %
68
0 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 161
7 %
3 %
6 %
8 %
$ 157
8 %
5 %
May Sold Price per Square Foot
$ 146
4 %
4 %
6 %
8 %
$ 142
8 %
4 %
May Month ' s Supply of Inventory
3.1 -16% -10% -4%
-18%
4.1
-2%
8 %
May Sale Price vs List Price Ratio
94.5 %
. 3 %
-. 1 % -. 3 %
-. 2 %
94.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
500
May Property sales were 464 , up 6.7 % from 435 in May of 2016 and 12.6 % higher than the 412 sales last month . May 2017 sales
450
Property were at their Sales highest level compared to May of 2016 and 2015 .
500
400
May
May Property YTD sales sales of were 1,953464 are , up running 6.7 % from 2.1 % 435 ahead in May of last of 2016 year ' s and year-to-date 12.6 % higher sales than of the 1,912 412 . sales last month . May 2017 sales were at their highest level compared to May of 2016 and 2015 .
450
400
350
300
May YTD sales of 1,953 are running 2.1 % ahead of last year ' s
350
250
year-to-date sales of 1,912 .
300
200

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

250 150
Number of Properties Sold
200
100
150
50
100
0
50
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 M
0
14
15
16
17
Prices
The Median Sales Price in May was $ 249,250 , up 8.5 % from
J
14
J
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
3 Mo Avg
Prices
$ 229,740 in May of 2016 and up 13.3 % from $ 220,000 last
The month Median . The Sales Average Price Sales in May Price was $ in 249,250 May was , up $ 282,382 8.5 % from , up 9.3 %
$ from 229,740 $ 258,253 in May of in 2016 May of and 2016 up 13.3 and % up from 10.8 $ % 220,000 from $ 254,876 last last
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month . . The May Average 2017 ASP Sales was Price at in the May highest was $ level 282,382 compared , up 9.3 % to May from $ 258,253 in May of 2016 and up 10.8 % from $ 254,876 last
270 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May
250
250
230
of 2016 and 2015 .
230
210
210 190
190 170
363 378 376 341 379 313
363 378 376 341 379 313 404 302 327 431 445 420 444 417 382 368 379 295 398 269 314 429 465 435 466 428 428 404 330 328 397 288 338 451 412 464
170
150
150
J
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 M
J
14
A S O N D
J
F M
15 A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M A
17 M
14
15
16
17
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of May
The was Total 1,454 Inventory , down 5.9 of % Properties from 1,545 available last month for sale and as up of 2.2 May % from
1,800 was
1,423 1,454 in , May down of 5.9 last % year from . 1,545 May last 2017 month Inventory and up was 2.2 at % its from highest
1,8001,600
1,423 level in compared May of last with year May . May of 2016 2017 Inventory and 2015 . was at its highest
1,6001,400 level compared with May of 2016 and 2015 .
1,4001,200
1,2001,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
6.0
5.0
7.0
6.0
5.0
4.0
1,000
A comparatively lower MSI is more beneficial for sellers while a
800
A comparatively lower MSI is more beneficial for sellers while a
600 higher MSI is better for buyers . The May 2017 MSI of 3.1 higher MSI is better for buyers . The May 2017 MSI of 3.1
400 months was at a mid level compared with May of 2016 and 2015 . months was at a mid level compared with May of 2016 and 2015 .
200
0
800
4.0
600
3.0
400
2.0
200
1.0
0
0.0
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 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 M
14
15
16
17
14
15
16
17
3.0
2.0
1.0
0.0
404 302 327
1,405 1,410 1,453 1,446 1,467 1,499 1,481 1,532 1,531 431 445
1,405 1,410 1,453 1,446 1,467 1,499 1,481 1,532 1,531 1,487 1,416 1,298 1,302 1,254
Number of Properties Sold
420 444 417 382 368
1,210 1,255 1,313 1,325 1,383
379
1,487
1,416 1,298 1,302 1,254 1,210 1,255 1,313
295
1,537 1,621
398
1,325 1,383
269 314 429 465
1,537 1,621 1,563 1,523
1,423 435 466
1,563
1,523 1,423 1,400 1,337 1,272 1,297
1,401
428 428
1,400 1,337 1,467 1,272 1,460 1,297 404 330 328
3 Mo Avg
397
1,590 1,401 1,570 1,467 1,606 1,545 1,454 288 338
1,460 1,590 1,570 1,606
3 Mo Avg
451 412
1,545 1,454
464
50 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con 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 Asso 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 .