Manatee County Community Information | School District
Manatee County Community Information | School District
Days On Market for Sold Properties |
3 Mo Avg |
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 November was 119 , down 30.0 % from 170 days last month and down 40.8 % from 201 days in November of last year . The November 2016 DOM was at its lowest level compared with November of 2015 and 2014 . |
300
250
200
150
100
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137 |
201 |
119 |
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50 |
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Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The November 2016 Selling Price per Square Foot of $ 599 was up 41.6 % from $ 423 last month and up 47.0 % from 407 in November of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The November 2016 Selling Price vs Original List Price of 91.3 % was up from 87.4 % last month and up from 90.7 % in November of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in November 2016 was 61 , down 9.0 % from 67 last month and down 6.2 % from 65 in November of last year .
0
700 650 600 550 500 450 400
96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 %
450 400 350 300 250 200 150 100 50 0
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 13 14
15 16
Selling Price per Square Foot
3 Mo Avg
D J 13 14
407 407
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S O N D |
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F M A M J |
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S O N D |
J |
F M A M J |
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A |
S O N |
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15 |
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16 |
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Selling Price versus Listing Price Ratio
90.1 %
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 13 14
15
16 Inventory / New Listings / Sales
242
251
D J
13 14
263 275 292
Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.7 %
291 291 285 284 283 302 311 325 341 341 337 324 308 310 300 285 293 311 330 344 386 403 406 390
3 Mo Avg
599
91.3 %
362 347 348 348 341
375 394
F M A M J |
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S O N D |
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F M A M J |
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S O N D |
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F M A M J |
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S O N |
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15 |
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16 |
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c o l d w e l l b a n k e r h o m e s . c o m | 25