FL ARCHIVED October 2016 | Page 24

Community Information | School District
Market Action Report October 2016

County : Manatee

Price Range : $ 1,000,000 and Up | 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
$ 1,499,000
-0%
-0%
Average List Price of all Current Listings
$ 1,934,704
2 %
2 %
October Median Sales Price
$ 1,450,000
5 %
7 %
-22%
4 %
$ 1,450,000
3 %
4 %
October Average Sales Price
$ 1,402,273
-7% -11% -24% -14%
$ 1,820,782
9 %
11 %
Total Properties Currently for Sale ( Inventory )
379
10 %
21 %
October Number of Properties Sold
11 -45%
-42%
273
50 %
October Average Days on Market ( Solds )
170
16 %
0 %
21 %
7 %
150
-8%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 587
20 %
6 %
7 %
8 %
$ 555
5 %
2 %
October Sold Price per Square Foot
$ 423
-9% -14% -10% -15%
$ 547
8 %
11 %
October Month ' s Supply of Inventory
34.5
100 % 50 % 110 % 90 %
16.9
-11%
-7%
October Sale Price vs List Price Ratio
87.4 % -1.2% -2.0% -7.6% -2.8%
90.5 %
2 %
1 %
* 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 11 , down 42.1 % from 19 in October of 2015 and 45.0 % lower than the 20 sales last month . October 2016 sales were at their lowest level compared to October of Property 2015 and 2014 Sales . October YTD sales of 273 are running 50.0 % October ahead of Property last year sales ' s year-to-date were 11 , down sales 42.1 of 182 % from . 19 in October of 2015 and 45.0 % lower than the 20 sales last month . October 2016 sales were at their lowest level compared to October of 2015 and 2014 . October YTD sales of 273 are running 50.0 % ahead of last year ' s year-to-date sales of 182 .
Prices The Median Sales Price in October was $ 1,450,000 , down 21.6 % from $ 1,850,000 in October of 2015 and up 5.5 % from $ 1,374,500 last month . The Average Sales Price in October was
Prices $ 1,402,273 , down 24.0 % from $ 1,844,746 in October of 2015 The and
Median down 6.9
Sales % from
Price $ 1,506,751 in October last was month $ 1,450,000
. October , down
2016 21.6 ASP
% from was at
$ 1,850,000 a mid range in compared
October of to 2015
October and of up 2015 5.5 % and from
2014 .
$ 1,374,500 last month . The Average Sales Price in October was $ 1,402,273 , down 24.0 % from $ 1,844,746 in October of 2015 and down 6.9 % from $ 1,506,751 last month . October 2016 ASP was at a mid range compared to October of 2015 and 2014 .
60 40
50 30
40 20
30 10
200
1,300
Inventory & MSI
1,100
The Total Inventory of Properties available for sale as of
October was 379 , up 10.2 % from 344 last month and up 21.5 %
450
from 312 in October of last year . October 2016 Inventory was at
400
its highest level compared with October of 2015 and 2014 .
Inventory & MSI
The Total Inventory of Properties available for sale as of
October was 379 , up 10.2 % from 344 last month and up 21.5 % from 312 in October of last year . October 2016 Inventory was at
A comparatively lower MSI is more beneficial for sellers while a its highest level compared with October of 2015 and 2014 . higher MSI is better for buyers . The October 2016 MSI of 34.5 months was at its highest level compared with October of 2015 and 2014 .
350
300
450
400
200
350
150 300
100 250
50
0
200
A comparatively lower MSI is more beneficial for sellers while a
150
higher MSI is better for buyers . The October 2016 MSI of 34.5
100
months was at its highest level compared with October of 2015
50
and 2014 .
0

Manatee Agent Name County

11 18 16
Title Phone Website Other
14 20 22 21 17 14
Number of Properties Sold
Number of Properties Sold
Total Inventory & Month ' s Supply of Inventory ( MSI )
11 18 16 14 20 22 21 17 14 10 10 15 18 16 15 15 24 27 25 19 16 13 9 19 22 26 14 21 27 53 37 42 28 20 20 11
Total Inventory & Month ' s Supply of Inventory ( MSI )
N 13
D
J 14
F M A M J
J
A S O N D
J 15
F M A M J
J
A S O N D
J 16
F M A M J J A S O
40.0
225 242 251 263 275 292 291 291 285 284 283 302 311 325 341 341 337 324 308 310 300 285 293 312 331 345 387 404 407 391 363 349 350 349 344
379
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 N D and J Up F | MProperty A MTypes J : JSFH A - Con 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 Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami 13 Association 14 of REALTORS , My Florida Regional MLS 15 , Naples Area Board of REALTORS , REALTORS 16 Association of the Palm Beaches , Space Coast Association of REAL 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 .
24 | c o l d w e l l b a n k e r h o m e s . c o m

Community Information | School District

60
50
10 10 15 18 16 15 15 24 27 25 19 16 13 9 19 22 26 14 21 27 53 37 42 28
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
10
13
14
15
16
0
Median Sales Price and Average Sales Price
3 Mo Avg
2,300N
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
2,100
14
15
16
1,900
2,300
Median Sales Price and Average Sales Price
3 Mo Avg
1,700
2,100
1,500
1,900
1,300
1,700
1,100
1,500
225
N D 13
N
13
242 251
D J 14
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
14
15
16
263 275 292 291 291
F M A M J
285 284 283 302 311 325 341 341 337 324 308 310
J A S O N D J F M A M J
15
300 285 293 312 331 345 387 404 407 391 363 349
J A S O N D J F M A M J
16
350 349 344
20 379
J A S O
3 Mo Avg
20 11
35.0 30.0 25.0
20.0 40.0
15.0 35.0
10.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0