FL ARCHIVED October 2016 | Page 48

Market Action Report October 2016
Community Information | School District
Market Action Report October 2016

County : Manatee

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
$ 375,000
0 %
14 %
Average List Price of all Current Listings
$ 572,997
1 %
9 %
October Median Sales Price
$ 259,000
-0%
0 %
6 %
7 %
$ 255,000
6 %
6 %
October Average Sales Price
$ 300,473
-6%
-6%
-3%
-2%
$ 338,359
12 %
10 %
Total Properties Currently for Sale ( Inventory )
3,134
9 %
15 %
October Number of Properties Sold
596 -18%
-16%
7,432
0 %
October Average Days on Market ( Solds )
69
-3%
-1%
-3%
-8%
72
-5%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 208
16 %
8 %
12 %
15 %
$ 191
9 %
6 %
October Sold Price per Square Foot
$ 159
-4%
-3%
1 %
2 %
$ 169
9 %
8 %
October Month ' s Supply of Inventory
5.3
33 %
24 %
37 %
30 %
4.4
12 %
9 %
October Sale Price vs List Price Ratio
94.9 %
. 3 %
. 4 %
-. 3 %
. 7 %
94.5 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
1,000
October Property sales were 596 , down 16.2 % from 711 in
October of 2015 and 18.1 % lower than the 728 sales last month .
900
Property
October 2016 Sales sales were at their lowest level compared to
1,000
800
October Property of 2015 sales and 2014 were . 596 October , down YTD 16.2 % sales from of 711 7,432 in are
October running of 0.0 2015 % ahead and 18.1 of % last lower year than ' s year-to-date the 728 sales sales last month of 7,431 . .
October 2016 sales were at their lowest level compared to
900
800
700
600
October of 2015 and 2014 . October YTD sales of 7,432 are
700
500
running 0.0 % ahead of last year ' s year-to-date sales of 7,431 .
600
400

Manatee Agent County

Name
Title Phone Website Other

Community Information | School District

500 300
Number of Properties Sold
400
200
300
100
200
0
100
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
0
13
14
15
16
Prices
The Median Sales Price in October was $ 259,000 , up 5.7 % from
Prices
$ 245,000 in October of 2015 and down 0.1 % from $ 259,250
The last Median month Sales . The Price Average in October Sales Price was $ in 259,000 October , up was 5.7 $ % 300,473 from ,
400
$ down 245,000 2.9 in % October from $ 309,501 of 2015 in and October down 0.1 of % 2015 from and $ 259,250 down 6.4 %
N
D
J
F M A M J
J
Median
A S O N Sales D
J
F Price M A M and J J AAverage S O N DSales
J
F MPrice A M J
13
14
15
16
400
Median Sales Price and Average Sales Price
350
J
A S O
3 Mo Avg
3 Mo Avg
last from month $ 320,892 . The Average last month Sales . October Price in October 2016 ASP was was $ 300,473 at a mid , down range 2.9 compared % from $ 309,501 to October in October of 2015 of and 2015 2014 and . down 6.4 %
350
300
from $ 320,892 last month . October 2016 ASP was at a mid
range compared to October of 2015 and 2014 .
300
250
250
200
503 613 525 571 675
503 613 525 571 675 777 766 719 711 707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 538 578 796 875 861 867 791 802 728 596
200 150
150 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
13 J F
14 M A M J J A S O N D J F M
15 A M J J A S O N D J F M A
16 M J J A S O
13 14 15
16
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 3,134 of , up Properties 8.9 % from available 2,877 last for sale month as of and up 15.0 % 4,000
7.0
October from 2,726 was 3,134 in October , up 8.9 of % last from year 2,877 . October last month 2016 and Inventory up 15.0 % was 4,0003,500
7.0 6.0 from at its 2,726 highest in October level compared of last year with . October 2016 of 2015 Inventory and 2014 was . 3,5003,000 6.0
5.0 at its highest level compared with October of 2015 and 2014 . 3,0002,500
5.0 4.0
2,5002,000 4.0
2,000 3.0
1,500 A comparatively lower MSI is more beneficial for sellers while 3.0
1,500 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial October for 2016 sellers MSI while of a 5.3
1,000 2.0
2.0 higher MSI is better for buyers . The October 2016 MSI of 5.3
1,000 months was at its highest level compared with October of 2015 500
1.0 months was at its highest level compared with October of 2015 500 1.0 and 2014 . 0
0.0 and 2014 .
0
0.0 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 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 13 14
15 16
13 14 15
16
777 766 719
3,109 3,176 3,333 3,457 3,341 3,255 3,190 3,103 3,055 3,026 2,993 3,039 3,094 3,073 3,188 3,243 3,158 2,963 2,730 2,694 2,626
711
3,109 3,176 3,333 3,457 3,341 3,255 3,190 3,103 3,055
707 644
Number of Properties Sold
704 565 766 576 607 802
3,026 2,993 3,039 3,094 3,073 3,188 3,243 3,158 2,963 836 864 880 783 675
2,533 2,612 2,726 2,851 2,916
697
2,730 2,694 2,626 2,533 2,612 2,726 711 527
3,271 3,456 3,421
2,851
2,916 742 538 578 796
3 Mo Avg
875 861
3,372 3,163 3,104 2,964 2,856 2,877
3,134 867 791
3,271 3,456 3,421 3,372 3,163 3,104 2,964 2,856
3 Mo Avg
802 728
2,877 3,134
596
48 | 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 .