FL ARCHIVED February 2017 | Page 48

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

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
$ 389,900
4 %
11 %
Average List Price of all Current Listings
$ 601,716
3 %
10 %
February Median Sales Price
$ 260,000
0 %
0 %
13 %
2 %
$ 260,000
9 %
2 %
February Average Sales Price
$ 331,119
-3%
2 %
4 %
-1%
$ 336,318
7 %
0 %
Total Properties Currently for Sale ( Inventory )
3,488
-1%
1 %
February Number of Properties Sold
597
13 %
3 %
1,124
1 %
February Average Days on Market ( Solds )
81
8 %
8 %
16 %
13 %
78
10 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 205
2 %
0 %
8 %
6 %
$ 203
5 %
5 %
February Sold Price per Square Foot
$ 167
-6%
-1%
6 %
-1%
$ 172
8 %
2 %
February Month ' s Supply of Inventory
5.8 -12%
3 %
-2%
30 %
6.3
4 %
39 %
February Sale Price vs List Price Ratio
94.1 %
. 0 %
-. 5 % -. 1 %
-. 5 %
94.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,000
February Property sales were 597 , up 3.3 % from 578 in
February of 2016 and 13.3 % higher than the 527 sales last
900
Property month . February Sales 2017 sales were at a mid level compared to
1,000
800
February Property of 2016 sales and 2015 were . 597 February , up 3.3 % YTD from sales 578 of in 1,124 are
February running of 0.7 2016 % ahead and 13.3 of last % higher year ' s than year-to-date the 527 sales sales last of 1,116 . month . February 2017 sales were at a mid level compared to
900
800
700
600
February of 2016 and 2015 . February YTD sales of 1,124 are
700
500
running 0.7 % ahead of last year ' s year-to-date sales of 1,116 .
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
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 260,000 , up 13.0 %
Prices from $ 230,000 in February of 2016 and equal to $ 260,000 last
The month Median . The Sales Average Price Sales in February Price in was February $ 260,000 was , up $ 331,119 13.0 % , up
400 from
3.7 % $ 230,000 from $ 319,160 in February in February of 2016 of and 2016 equal and to down $ 260,000 3.2 % last from
M
A M J
14
400
350
J
A S O
NMedian D
J
F M Sales A M J Price
J A S and O N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
month
$ 342,208 . The last Average month Sales . February Price in February 2017 ASP was was $ 331,119 at the highest , up
3.7 % from $ 319,160 in of 2016 and down 3.2 % from
350 level compared to February of 2016 and 2015 .
300
$ 342,208 last month . February 2017 ASP was at the highest
level compared to February of 2016 and 2015 .
300
250
250
200
675 777 766 719 711
675 777 766 719 711 707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 538 578 796 875 861 869 790 803 728 600 585 722 527 597
200 150
150 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
14 M J J A S O N D J F M
15 A M J J A S O N D J F M
16 A M J J A S O N D J F
17
14 15
16 17
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 February Total Inventory was 3,488 of , Properties down 0.7 % available from 3,512 for sale last as month of and up 4,000
7.0
February 0.9 % from was 3,456 3,488 in , down February 0.7 % of from last 3,512 year . last February month and 2017 up 4,0003,500
7.0 6.0
0.9 Inventory % from 3,456 was at in its February highest of level last year compared . February with 2017 February of 3,5003,000 6.0
5.0 Inventory 2016 and was 2015 at . its highest level compared with February of 3,0002,500
5.0 2016 and 2015 .
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 February for sellers 2017 MSI while of a 5.8
1,000 2.0
2.0 higher MSI is better for buyers . The February 2017 MSI of 5.8
1,000 months was at a mid level compared with February of 2016 and 500
1.0 months was at a mid level compared with February of 2016 and 500 1.0
2015 . 0
0.0 2015 .
0
0.0 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 N D J F 14
15 16
17 14
15 16
17
707 644 704 565
3,342 3,256 3,191 3,104 3,056 3,027 2,994 3,040 3,095
766 576
3,342 3,256 3,191 3,104 3,056 3,027 2,994 3,040 3,095 3,074 3,189 3,243 3,158 2,963 2,731 2,694 2,626
Number of Properties Sold
607 802 836 864
3,074 3,189 3,243 3,158 2,963 2,731 2,694 880 783 675
2,533 2,612 2,726 2,851 2,916 697 711 527
3,271 3,456 3,422
2,626 2,533 2,612 2,726 2,851 2,916 742 538
3,271
3,456 578 796 875 861 869
3,373 3,165 3,108 2,970 2,862 2,871 3,080 3,253
790 3,249
3 Mo Avg
803
3,422 3,373 3,165 3,108 2,970 2,862 2,871
728
3,512 3,080 3,488 600 585
3,253 3,249
3 Mo Avg
722 527
3,512 3,488
597
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 .