FL ARCHIVED October 2016 | Page 50

Market Action Report

City: Bradenton

Bradenton
Agent Name

Market Action Report

City: Bradenton

October 2016

Title
Phone
Agent
Name
Website
Other
Title

October 2016

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Month
Website

Market Profile & Trends Overview
Median
List Price of all Current Listings
Price Range: All | Properties: SFH - Con

LM

Trending versus*:
L3M PYM
LY

$311,000
2%
18%
Other
$388,471 Trending
-0% versus*:
12%
Month
LM -6%
L3M -5%
PYM 7%
LY
$224,400
$311,000
2% -9% -4%
18% 0%
$252,552
$388,4711,408
-0% 10% 12% 7%
$224,400 329
-6% -19%
-5% 7% -13%
13%
$252,552 -9%
-4%
0%
7%
64 -2% -4% -10%
1,408 10%
7%
$153 4% 1% 10%
329 -19%
-13%
$135 -5% -2% 5%
64 -2% -4% -10% -6%
4.3 35% 23% 24%
$153 4% 1% 10% 11%
95.4% .4% .6% .4%

Average List Price of all Current Listings

Market
Trends
Overview
OctoberProfile
Median&Sales
Price
Median
List
Price ofSales
all Current
October
Average
Price Listings

Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
October
Sales
Price
OctoberMedian
Number
of Properties
Sold
October Average Sales Price

October Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking Price per Square Foot (based on New Listings)

October Number of Properties Sold

October Sold Price per Square Foot

October Average Days on Market (Solds)

October Month's Supply of Inventory

Asking Price per Square Foot (based on New Listings)

October Sale Price vs List Price Ratio

October Sold Price per Square Foot

Trending versus*:

Prior YTD 16%
Prior Year 13%
13% YTD
$223,045
7%
$255,580
12%
9%

$223,045 3,964
16%
$255,580
12%
-6%
68

11%
$148
3,964
1%
9%
$135
68
-3%
18%
3.8
$148
10%
1.2%
94.6%

October Sale Price vs List Price Ratio

* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
Property
Sales

October Property sales were 329, down 13.2% from 379 in
October of 2015 and 18.6% lower than the 404 sales last month.
Property
Sales
October 2016
sales were at their lowest level compared to
500
October
were 329,
downYTD
13.2%sales
fromof379
in are
OctoberProperty
of 2015sales
and 2014.
October
3,964
450
October
2015ahead
and 18.6%
lower
than
the 404 sales
lastof
month.
runningof1.3%
of last
year's
year-to-date
sales
3,915.
October 2016 sales were at their lowest level compared to
October of 2015 and 2014. October YTD sales of 3,964 are
running 1.3% ahead of last year's year-to-date sales of 3,915.

1%13%
-3% 9%
10%
12%
0%
6%
7%
0%

0%
7%
10%
4%
0%

$135 -5% -2% 5% 9%
$135
12%
10%
4.3 35% 23% 24% 18%
3.8
6%
4%
Number of94.6%
Properties
95.4% .4% .6% .4% 1.2%
0% Sold 0%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date

October Month's Supply of Inventory

Trending versus*:
Prior YTD Prior Year

YTD

3 Mo Avg

500

Number of Properties Sold

450

3 Mo Avg

400

350

400 300

350 250
300 200

Prices

$277,937 last month. October 2016 ASP was at the highest level
compared to October of 2015 and 2014.

240
220
200
180
160
140
120
100

13

300
280
260
240
220
200
180
160
140
120
100

329

404

427

428

3 Mo Avg

16

Median Sales Price and Average Sales Price

3 Mo Avg

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

Inventory & MSI

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

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

7.0

0

7.0

6.0

6.0

5.0

1,332
1,264
1,284
1,408

1,488
1,503
1,488
1,575
1,632
1,503
1,556
1,575
1,494 1,632
1,452 1,556
1,4041,494
1,4091,452
1,452
1,404
1,445
1,409
1,466
1,452
1,498
1,445
1,480
1,466
1,531
1,498
1,531
1,480
1,487
1,416 1,531
1,296 1,531
1,301 1,487
1,253 1,416
1,2091,296
1,2541,301
1,312
1,253
1,324
1,209
1,382
1,254
1,536
1,312
1,620
1,324
1,562
1,382
1,521
1,536
1,421
1,620
1,398
1,562
1,332
1,521
1,264
1,421
1,284
1,398
1,408

50 | c

329

404

427

428

464

435

465

429

314

269

398

295

379

368

382

417

444

420

445

431

327

302

404

313

379

341

15

16M J J A S O
N D 13J F 14
M A M J J A S O N D J F M15A M J J A S O N D J F M A
13
14
15
16

The Total Inventory
Inventory
& MSI of Properties available for sale as of
1,800
October
was 1,408,ofup
9.7% from
1,284 last
month
The
Total Inventory
Properties
available
for sale
as ofand up 7.3%
from 1,312
in October
of last
year.
October
2016and
Inventory
October
was 1,408,
up 9.7%
from
1,284
last month
up 7.3% was1,8001,600
1,6001,400
from
in October
of last
year.
October
at a 1,312
mid level
compared
with
October
of 2016
2015Inventory
and 2014.was
1,4001,200
at a mid level compared with October of 2015 and 2014.
1,2001,000
1,000 800
A comparatively lower MSI is more beneficial for sellers while a 800 600
Ahigher
comparatively
lower MSI
is more The
beneficial
for 2016
sellersMSI
while
MSI is better
for buyers.
October
of a4.3 600 400
400 200
higher
MSI
is better
for buyers.
October with
2016October
MSI of 4.3
months
was
at its highest
levelThe
compared
of 2015
200
months
was
at
its
highest
level
compared
with
October
of
2015
0
and 2014.
and 2014.

464

435

465

429

314

269

398

295

379

368

382

417

444

420

445

431

327

302

404

313

379

341

376

378

363

403

408

359

14

376

378

363

403

408

359

321

267

313

261

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
13
14
15
16
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
Median Sales Price and Average Sales Price

0

The Median Sales Price in October was $224,400, up 6.9% from
Prices
$210,000 in October of 2015 and down 6.5% from $239,950
The
in October
was $224,400,
6.9%
from
lastMedian
month.Sales
ThePrice
Average
Sales Price
in Octoberup
was
$252,552,
300
$210,000
October
of 2015
and down
$239,950
up 0.5% in
from
$251,363
in October
of6.5%
2015from
and down
9.1% from
280
last
month. last
Themonth.
AverageOctober
Sales Price
in October
$252,552,
$277,937
2016
ASP waswas
at the
highest level
up
0.5% from
of2014.
2015 and down 9.1% from 260
compared
to$251,363
October in
of October
2015 and

321

0

50

267

100

261

200 100
150 50

313

250 150

5.0
4.0
3.0
2.0
1.0
0.0

4.0
3.0
2.0
1.0
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 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
13 14
15
16
13 14
15
16

.

Copyright
© Coldwell
Banker Residential
Real Estate
/ Coldwell Banker
United,
Realtors | Range:
Price Range:
All | Property
Types:
SFH - Con
Copyright
© Coldwell
Banker
Coldwell
Realtors
All | Property
Types: SFH
- Con
o
l dResidential
w e l Real
l bEstate
a n/ k
e r Banker
h o United,
mes
c o| Price
m

Data
provided
courtesy
of Greater
Lauderdale
REALTORS,
REALTOR
Association
of Martin
Miami Association
of REALTORS,
FloridaMLS,
Regional
MLS,
Board of REALTORS,
REALTORSofAssociation
of the Palm
Beaches,
Space Coast
Asso
Data
is is
provided
courtesy
of Greater
FortFort
Lauderdale
REALTORS,
REALTOR
Association
of Martin
County,County,
Miami Association
of REALTORS,
My FloridaMy
Regional
Naples
AreaNaples
Board Area
of REALTORS,
REALTORS Association
the Palm Beaches,
Space
Coast Association
of REAL
does
warrant
or guarantee
accuracy
of information.
this information.
It isresponsibility
the responsibility
anyorbuyer
verify
and all information
to such consumer’s
estate transaction.
does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
sellerortoseller
verifytoany
and any
all information
relevant torelevant
such consumer’s
real estate real
transaction.