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 October was 170 , up 15.6 % from 147 days last month and up 20.6 % from 141 days in October of last year . The October 2016 DOM was at a mid level compared with October of 2015 and 2014 . |
300
250
200
150
100
|
120 |
141 |
170 |
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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 October 2016 Selling Price per Square Foot of $ 423 was down 9.5 % from $ 467 last month and down 10.4 % from 472 in October of last year .
0
700 650 600 550 500
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 |
|
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Selling Price per Square Foot |
3 Mo Avg |
472
450 434
423
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 October 2016 Selling Price vs Original List Price of 87.4 % was down from 88.5 % last month and down from 94.6 % in October 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 October 2016 was 67 , up 157.7 % from 26 last month and up 34.0 % from 50 in October of last year .
400
96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 % 76 %
450 400 350 300 250 200 150 100 50 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 |
13 |
|
14 |
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15 |
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16 |
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Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
94.6 %
92.0 %
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 |
13 |
|
14 |
|
|
|
15 |
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16 |
|
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Inventory / New Listings / Sales |
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
3 Mo Avg
87.4 %
363 349 350 349 344
379
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 |
|
|
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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