FL ARCHIVED October 2016 | Page 26

Bradenton

Market Action Report

City: Bradenton

Agent Name

Market Action Report

City: Bradenton

October 2016

Title
Phone
Agent
WebsiteName
Title
Other
Phone
Trending versus*:
Month
WebsiteLM L3M PYM LY
$1,474,500
5%
Other -6%

October 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

$1,666,639 -3%Trending versus*:
3%
Trending versus*:
$1,625,000
10% PYM
-9% 23%
$1,435,000
3%YTD Prior
8%Year
Month 15%
LM L3M
LY
YTD
Prior
$1,625,000 -6%
14% 15% -3%
9% $1,474,482
-9%
-1%
$1,474,500
5%
Total Properties
for Sale
(Inventory)
64 -3%
3%
16%
Average
List PriceCurrently
of all Current
Listings
$1,666,639
3%
OctoberMedian
NumberSales
of Properties
Sold
29
45%
October
Price
$1,625,0002 -50%
15% 10% -50%
-9% 23% $1,435,000
3%
8%
OctoberAverage
AverageSales
DaysPrice
on Market (Solds)
146 -37%
266
36%
67%
October
$1,625,000
14% -46%
15% -37%
-3% -8%
9% $1,474,482
-9%
-1%
Asking
Price perCurrently
Square Foot
(based
on New Listings)
$313
$395
9%
4%
Total
Properties
for Sale
(Inventory)
64 -3%
3% -14% -22%
16% -18%
OctoberNumber
Sold Price
per Square Sold
Foot
$2862 -50%
-39% -20% -50%
-2% -15%
$351
8%
5%
October
of Properties
29
45%
OctoberAverage
Month'sDays
Supply
Inventory
32.0
106% -46%
22% -37%
133% 15%
29.9
-7%
8%
October
on of
Market
(Solds)
146 -37%
-8%
266
36%
67%
October
Saleper
Price
vs List
Price
Ratioon New Listings)
83.9%
-1.2% -22%
-1.2% -5.8%
86.8%
-1%
-3%
Asking
Price
Square
Foot
(based
$313 -6.9%
-3% -14%
-18%
$395
9%
4%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date
October
Sold Price per Square Foot
$286 -39% -20% -2% -15%
$351
8%
5%
Number
October Month's Supply of Inventory
32.0 106% 22% 133%
15%of Properties
29.9 Sold
-7%
8%
Property
October
SaleSales
Price vs List Price Ratio
83.9% -6.9% -1.2% -1.2% -5.8%
86.8%
-1%
-3%
9
Average List Price of all Current Listings

October Profile
Median Sales
Price Overview
Market
& Trends
OctoberList
Average
Price Listings
Median
Price Sales
of all Current

3 Mo Avg

October
Property
were
2, down
50.0%
from
4 inYear
October
of = Year-to-date
* LM=Last
Month
/ L3M=Lastsales
3 Months
/ PYM=Same
Month
Prior Year
/ LY=Last
(2015) / YTD
2015 and 50.0% lower than the 4 sales last month. October
2016 sales were at a mid level compared to October of 2015 and
2014. October
YTD sales of 29 are running 45.0% ahead of last
Property
Sales
year's year-to-date
sales
of 20.
October
Property sales
were
2, down 50.0% from 4 in October of
2015 and 50.0% lower than the 4 sales last month. October
2016 sales were at a mid level compared to October of 2015 and
2014. October YTD sales of 29 are running 45.0% ahead of last
year's year-to-date sales of 20.

8

Number of Properties Sold

7

3 Mo Avg

96
85
74
63
52
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

1

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

Median Sales Price and Average Sales Price

3

7

1

1

2

The Median Sales Price in October was $1,625,000, down 9.4%
from $1,793,750 in October of 2015 and up 15.0% from
$1,413,193 last month. The Average Sales Price in October was
$1,625,000, down 3.0% from $1,675,625 in October of 2015 and
Prices
up 14.0%
from
$1,426,041
last month.
October 2016
ASP9.4%
was at
The
Median
Sales
Price in October
was $1,625,000,
down
a mid
range compared
to October
2015
2014.
from
$1,793,750
in October
of 2015ofand
upand
15.0%
from

1

1

Prices

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
2

2

1

30

2

41

3 Mo Avg
0
2,600
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
2,400

Median Sales Price and Average Sales Price

2,200

3 Mo Avg

2,000
2,600
1,800
2,400

$1,413,193 last month. The Average Sales Price in October was
1,600
$1,625,000, down 3.0% from $1,675,625 in October of 2015 and 2,200
up 14.0% from $1,426,041 last month. October 2016 ASP was at 1,400
2,000
a mid range compared to October of 2015 and 2014.
1,200
1,800
1,000
1,600

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

1,400
1,200

Inventory & MSI

The Total Inventory of Properties available for sale as of
October was 64, up 3.2% from 62 last month and up 16.4% from
55 in October of last year. October 2016 Inventory was at its
highest level compared with October of 2015 and 2014.

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

1,000

62

64

62

64

66

62

60

66

60

58

62

58

63

66

66

63

63

63

62

56

56

62

55

55

60

55

55

60

56

60

60

56

60

60

70

70

62

70

70

62

70

70

67

63

63

67

64

64

61

54

54

61

52

52

62

52

52

62

50

50

53

50

50

53

49

49

45

45

43

43

43

43

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
80
80.0
13 14
15
16
70
70.0
60
60.0
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
50
50.0
The Total Inventory of Properties available for sale as of
80.0
40
40.0
October was 64, up 3.2% from 62 last month and up 16.4% from 80
70
70.0
30
30.0
55 in October of last year. October 2016 Inventory was at its
A comparatively lower MSI is more beneficial for sellers while a
highest level compared with October of 2015 and 2014.
60
60.0
20
20.0
higher MSI is better for buyers. The October 2016 MSI of 32.0
50
50.0
10
10.0
months was at a mid level compared with October of 2015 and
400
40.0
0.0
2014.
30 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 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 October 2016 MSI of 32.0
10
10.0
months was at a mid level compared with October of 2015 and
0
0.0
2014.
N D Jand FUp M
A M Types:
J J SFH
A -SConO N D J F M A M J J A S O N D J F M A M J J A S O
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
| Property
14
15 Naples Area Board of REALTORS, REALTORS16Association 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 Association
of REALTORS, My Florida Regional MLS,
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.