FL ARCHIVED January 2017 | Page 48

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 384,500
2 %
10 %
Average List Price of all Current Listings
$ 595,191
1 %
9 %
January Median Sales Price
$ 257,950
-3%
0 %
3 %
1 %
$ 257,950
3 %
1 %
January Average Sales Price
$ 341,326
7 %
7 %
10 %
2 %
$ 341,326
10 %
2 %
Total Properties Currently for Sale ( Inventory )
3,429
6 %
5 %
January Number of Properties Sold
516 -29%
-4%
516
-4%
January Average Days on Market ( Solds )
74
-4%
3 %
1 %
3 %
74
1 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 203
-2%
-1%
3 %
5 %
$ 203
3 %
5 %
January Sold Price per Square Foot
$ 178
7 %
7 %
11 %
5 %
$ 178
11 %
5 %
January Month ' s Supply of Inventory
6.6
49 %
20 %
9 %
48 %
6.6
9 %
48 %
January Sale Price vs List Price Ratio
93.9 %
-. 8 % -. 9 % -1.1% -. 7 %
93.9 %
-1%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,000
January Property sales were 516 , down 4.1 % from 538 in
January of 2016 and 28.5 % lower than the 722 sales last month .
900
Property
January 2017 Sales sales were at their lowest level compared to
1,000
800
January Property of 2016 sales and 2015 were . 516 January , down 4.1 YTD % from sales 538 of 516 in are
January running of 4.1 2016 % behind and 28.5 last % lower year ' s than year-to-date the 722 sales sales last of month 538 . .
January 2017 sales were at their lowest level compared to
900
800
700
600
January of 2016 and 2015 . January YTD sales of 516 are
700
500
running 4.1 % behind last year ' s year-to-date sales of 538 .
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
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 257,950 , up 2.8 % from
Prices
$ 251,000 in January of 2016 and down 2.7 % from $ 265,000
The last Median month Sales . The Price Average in January Sales Price was $ in 257,950 January , up was 2.8 $ % 341,326 from ,
400
$ up 251,000 9.6 % in from January $ 311,368 of 2016 in January and down of 2.7 2016 % from and up $ 265,000 6.6 % from
F
M A M J
14
400
350
J
A S
OMedian N D
J
F Sales M A M Price J
J
A and S O NAverage D
J
F MSales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 320,305 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 341,326 highest , up level 9.6 % compared from $ 311,368 to January in January of 2016 of 2016 and 2015 and up . 6.6 % from
350
300
$ 320,305 last month . January 2017 ASP was at the highest
level compared to January of 2016 and 2015 .
300
250
250
200
571 675 777 766 719
571 675 777 766 719 711 707 644 704 565 766 576 607 802 836 864 880 783 675 697 711 527 742 538 578 796 875 861 868 790 803 727 598 585 722 516
200 150
150 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
14 A 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
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 January Total Inventory was 3,429 of , up Properties 6.3 % from available 3,227 for last sale month as of and up 4.8 % 4,000
7.0
January from 3,271 was 3,429 in January , up 6.3 of % last from year 3,227 . January last month 2017 and Inventory up 4.8 % was 4,0003,500
7.0 6.0 from at its 3,271 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . 3,5003,000 6.0
5.0 at its highest level compared with January of 2016 and 2015 . 3,0002,500
5.0 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 January for 2017 sellers MSI while of a 6.6
1,000 2.0
2.0 higher MSI is better for buyers . The January 2017 MSI of 6.6
1,000 months was at its highest level compared with January of 2016 500
1.0 months was at its highest level compared with January of 2016 500 1.0 and 2015 . 0
0.0 and 2015 .
0
0.0 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 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 14
15 16
17 14
15 16
17
711
3,458 3,342 3,256 3,191 3,104 3,056 3,027 2,994 3,040 707 644 704
3,458 3,342 3,256 3,191 3,104 3,056 3,027 2,994 3,040
565 766
3,095 3,074 3,189 3,244 3,159 2,964 2,732 2,695 2,627
Number of Properties Sold
576 607 802
3,095 3,074 3,189 3,244 3,159 2,964 836 864 880 783 675
2,534 2,613 2,727 2,851 2,916 697 711 527
3,271 3,456 3,420
2,732 2,695 2,627 2,534 2,613 2,727 2,851 2,916
742
3,271 538 578 796 875 861 868
3,371 3,163 3,105 2,967 2,858 2,866 3,074 3,243
3 Mo Avg
790 803
3,456 3,420 3,371 3,163 3,105 2,967 2,858 3,227 2,866 3,429 727 598
3,074 3,243
3 Mo Avg
585 722
3,227 3,429
516
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 .