FL ARCHIVED January 2017 | Page 50

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

City : Brandon

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
$ 237,999
0 %
19 %
Average List Price of all Current Listings
$ 290,461
7 %
16 %
January Median Sales Price
$ 180,000
-8%
-3%
1 %
-2%
$ 180,000
1 %
-2%
January Average Sales Price
$ 214,289
-2%
3 %
14 %
7 %
$ 214,289
14 %
7 %
Total Properties Currently for Sale ( Inventory )
181 -11%
-25%
January Number of Properties Sold
75 -19%
15 %
75
15 %
January Average Days on Market ( Solds )
50
-9%
-7% -32%
-6%
50
-32%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 116
-3%
0 %
9 %
4 %
$ 116
9 %
4 %
January Sold Price per Square Foot
$ 109
-3%
-1%
9 %
2 %
$ 109
9 %
2 %
January Month ' s Supply of Inventory
2.4
10 %
10 % -35%
3 %
2.4
-35%
3 %
January Sale Price vs List Price Ratio
96.8 %
-. 2 % -. 1 % 2.7 %
. 4 %
96.8 %
3 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Bradenton

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
140
January Property sales were 75 , up 15.4 % from 65 in January of
2016 and 19.4 % lower than the 93 sales last month . January
120
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
140
January
2016 and Property 2015 . sales January were YTD 75 , up sales 15.4 of % 75 from are 65 running January 15.4 % of
100
2016 ahead and of 19.4 last % year lower ' s year-to-date than the 93 sales last of 65 month . . January
2017 sales were at their highest level compared to January of
2016 and 2015 . January YTD sales of 75 are running 15.4 % ahead of last year ' s year-to-date sales of 65 .
120
100
80
60
80
40
60
40
20
20
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 180,000 , up 1.0 % from
F
M A M J
14
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices
$ 178,211 in January of 2016 and down 8.2 % from $ 196,000 last
The month Median . The Sales Average Price Sales in January Price was in January $ 180,000 was , up $ 214,289 1.0 % from , up
$
13.6 178,211 % from in January $ 188,553 of 2016 in January and down of 2016 8.2 % and from down $ 196,000 2.5 % last from
240 month
$ 219,687 . The last Average month Sales . January Price in 2017 January ASP was $ at 214,289 the highest , up level
13.6 % from $ 188,553 in January of 2016 and down 2.5 % from
220 compared to January of 2016 and 2015 .
$ 219,687 last month . January 2017 ASP was at the highest level
200
240
220
200
180
Median Sales Price and Average Sales Price
3 Mo Avg
compared to January of 2016 and 2015 .
180
160
160
140
140
120
120
100
100
F
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
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
The
January Total Inventory was 181 , down of Properties 11.3 % from available 204 last for sale month as of and down
January
25.2 % from was 181 242 , down in January 11.3 % from of last 204 year last . month January and 2017 down Inventory
400
400
350
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
25.2 was % at from its lowest 242 in level January compared of last year with . January 2017 of 2016 Inventory and 2015
350 . was at its lowest level compared with January of 2016 and 2015 .
300
250
200
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 2.4 higher MSI is better for buyers . The January 2017 MSI of 2.4
100 months was at its lowest level compared with January of 2016 months was at its lowest level compared with January of 2016
50 and 2015 . and 2015 .
0
300
6.0
250
5.0
200
4.0
150
3.0
100
2.0
50
1.0
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
5.0
4.0
3.0
2.0
1.0
0.0
59 74 91 90 92 89 103 91 87 97 108 72 91 105 105 80 110 126 99 90 91 82 101 65 89 106 99 113 98 98 109 98 87 110 93 75
349
59 74 91 90 92 89 103 376
91 379
87
327
334 349
328 327
328 334
350 328
328 376
379 350 338 343 346
338
97
343 108
346
72 91 105 105 80 110 126 99 90
292 288 288 292 314 288
291
288 280 300
314
272 291
268 280
273 300
262 272
265 268
242 273
224 262
226 265
213 242
219 224
213 226 229
213 228
219 232 213 228
229 220
228 204
232 181
228
91 82 101 65 89 106 99 113 98 98 109 98 87 220
110
204 93
181 75
50 | 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 .