FL ARCHIVED November 2016 | Page 26

Bradenton

Market Action Report

City: Bradenton

Agent Name

Market Action Report

City: Bradenton

November 2016

Title
Phone
Agent
WebsiteName
Title
Other
Phone
Trending versus*:
Month
WebsiteLM L3M PYM LY
$1,499,000
7%
Other 0%

November 2016

Community Information | School District

Price Range: $1,000,000 and Up | Properties: SFH - Con

Market Profile & Trends Overview
Median List Price of all Current Listings

Price Range: $1,000,000 and Up | Properties: SFH - Con

YTD

Trending versus*:
Prior YTD Prior Year

$1,693,201 1%Trending versus*:
5%
Trending versus*:
$1,433,815
-3% PYM
30% 8%
$1,435,000
20%
8%Year
Month -12%
LM L3M
LY
YTD
Prior
YTD Prior
$1,433,815 -12%
-2%
-1%
$1,499,000
0% 0% 22%
7% -4% $1,471,859
Total Properties
for Sale
(Inventory)
67 1%
8%
20%
Average
List PriceCurrently
of all Current
Listings
$1,693,201
5%
NovemberMedian
NumberSales
of Properties
Sold
0% -3% -75%
31
11%
November
Price
$1,433,8152 -12%
30% 8% $1,435,000
20%
8%
NovemberAverage
AverageSales
DaysPrice
on Market (Solds)
18 -12%
-88% -93%
250
28%
57%
November
$1,433,815
0% -91%
22% -89%
-4% $1,471,859
-2%
-1%
Asking
Price perCurrently
Square Foot
(based
on New Listings)
$445
28% 17%
$406
12%
7%
Total
Properties
for Sale
(Inventory)
67 42%
8% 16% 20%
NovemberNumber
Sold Price
per Square Sold
Foot
$3512 23%
16% 5%
$351
10%
5%
November
of Properties
0% -2% -75%
31
11%
NovemberAverage
Month'sDays
Supply
Inventory
33.5
8% -93%
26% -91%
379% -89%
21%
30.0
1%
8%
November
on of
Market
(Solds)
18 -88%
250
28%
57%
November
vs Foot
List Price
Ratio
95.8%
87.4%
-0%
-2%
Asking
PriceSale
per Price
Square
(based
on New Listings)
$445 14.2%
42% 12.7%
16% 10.0%
28% 7.5%
17%
$406
12%
7%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
November
Sold Price per Square Foot
$351 23% -2% 16% 5%
$351
10%
5%
Number
November Month's Supply of Inventory
33.5 8% 26% 379%
21%of Properties
30.0 Sold
1%
8%
PropertySale
Sales
November
Price vs List Price Ratio
95.8% 14.2% 12.7% 10.0% 7.5%
87.4%
-0%
-2%
9
Average List Price of all Current Listings

November
Median
Sales Price
Market
Profile
& Trends
Overview
November
Price Listings
Median
ListAverage
Price of Sales
all Current

3 Mo Avg

November
sales/ were
2, down
75.0%
8Year
in (2015) / YTD = Year-to-date
* LM=Last
Month /Property
L3M=Last 3 Months
PYM=Same
Month Prior
Year /from
LY=Last
November of 2015 and the same as the 2 sales last month.
November 2016 sales were at their lowest level compared to
November of
2015 and 2014. November YTD sales of 31 are
Property
Sales
running 10.7%
ahead
of last
year's
year-to-date
sales
November
Property
sales
were
2, down
75.0% from
8 of
in 28.
November of 2015 and the same as the 2 sales last month.
November 2016 sales were at their lowest level compared to
November of 2015 and 2014. November YTD sales of 31 are
running 10.7% ahead of last year's year-to-date sales of 28.

8

Number of Properties Sold

7

3 Mo Avg

96
85
74
63
52
2

2

4

2

3

6

2

5

3

1

1

8

8

4

0

2

2

2

1

2

3

2

2

3

3

1

2

1

0

3

7

1

1

2

1

2

2

4

2

3

6

2

5

3

1

1

8

8

4

0

2

2

2

1

2

3

2

2

3

3

1

2

1

Median Sales Price and Average Sales Price

0

3

7

1

1

1

1

Prices

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
1

2

2

30

1

41

3 Mo Avg
The Median Sales Price in November was $1,433,815, up 30.3% 0
2,600
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
from $1,100,000 in November of 2015 and down 11.8% from
13 14
15
16
2,400
$1,625,000 last month. The Average Sales Price in November
was $1,433,815, up 22.1% from $1,174,250 in November of 2015 2,200
Median Sales Price and Average Sales Price
Prices
3 Mo Avg
andMedian
down 11.8%
lastwas
month.
November
2016
The
Salesfrom
Price$1,625,000
in November
$1,433,815,
up 30.3%
2,000
2,600
ASP
was
at
the
highest
level
compared
to
November
of
2015
and
from $1,100,000 in November of 2015 and down 11.8% from
1,800
2014.
2,400
$1,625,000
last month. The Average Sales Price in November
1,600
was $1,433,815, up 22.1% from $1,174,250 in November of 2015 2,200
and down 11.8% from $1,625,000 last month. November 2016
1,400
ASP was at the highest level compared to November of 2015 and 2,000
1,200
1,800
2014.
1,000
1,600
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
1,400 13 14
15
16
1,200

Inventory & MSI

The Total Inventory of Properties available for sale as of
November was 67, up 8.1% from 62 last month and up 19.6%
from 56 in November of last year. November 2016 Inventory
was at its highest level compared with November of 2015 and
Inventory
& MSI
2014.
The Total Inventory of Properties available for sale as of
November was 67, up 8.1% from 62 last month and up 19.6%
from 56 in November of last year. November 2016 Inventory
A comparatively lower MSI is more beneficial for sellers while a
was at its highest level compared with November of 2015 and
higher MSI is better for buyers. The November 2016 MSI of
2014.
33.5 months was at its highest level compared with November of
2015 and 2014.

Total Inventory & Month's Supply of Inventory (MSI)

1,000

67

62

62

67

61

60

61

60

65

59

65

59

63

58

63

58

66

63

63

66

62

56

56

62

55

55

60

55

55

60

56

60

60

56

60

60

70

70

62

70

70

62

70

67

70

63

63

67

64

64

61

54

54

61

52

52

62

52

52

62

50

50

53

53

50

50

49

49

45

45

43

43

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
80
80.0
13 14
15
16
70
70.0
60
60.0
Total Inventory & Month's Supply of Inventory (MSI)
50
50.0
80
80.0
40
40.0
70
70.0
30
30.0
60
60.0
20
20.0
50
50.0
10
10.0
400
40.0
0.0
30 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 30.0
A comparatively lower MSI is more beneficial for sellers while a
15
16
20 13 14
20.0
higher MSI is better for buyers. The November 2016 MSI of
10
10.0
33.5 months was at its highest level compared with November of
0
0.0
2015 and 2014.
D J FandM
M J Types:
J A SFH
S -OConN D J F M A M J J A S O N D J F M A M J J A S O N
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
Up A
| Property
14Association of REALTORS, My Florida Regional15MLS, Naples Area Board of REALTORS, REALTORS
16 Association of the Palm Beaches, Space Coast Association of REAL
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County,13
Miami
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.

26 | c

.

o l dResidential
w e lReal
l bEstate
a n/ Coldwell
k e rBanker
h oUnited,
mes
co
m Range: $1,000,000 and Up | Property Types: SFH - Con
Copyright © Coldwell Banker
Realtors
| Price

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 Association of REA
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.