Manatee County, FL

941.757.5377

YTD Market Statistics - Detailed Report

August-2012
Sold Summary

Sold Dollar Volume

Inventory
Aug-2012

Aug-2011

% Change

Aug-2012

Aug-2011

% Change

$978,993,937

$855,271,082

14.47%

Active Listings

2,831

3,993

-29.10%

Avg Sold Price

$200,737

$194,380

3.27%

New Listings

6,378

6,040

5.60%

Median Sold Price

$152,500

$145,000

5.17%

New Under Contracts

6,103

4,622

32.04%

4,877

4,400

10.84%

New Contingents

494

13

3,700.00%

126

140

-10.00%

New Pendings

6,940

4,635

49.73%

All Pendings

1,638

1,006

62.82%

Units Sold
Avg Days on Market
Avg List Price for Solds

$213,781

$210,104

1.75%

Avg SP to OLP Ratio

90.1%

86.2%

4.57%

Ratio of Avg SP to Avg OLP

87.8%

84.4%

4.05%

Avg SP to LP Ratio

94.9%

93.8%

1.22%

Ratio of Avg SP to Avg LP

93.9%

92.5%

1.49%

Attached Avg Sold Price

$143,940

$153,886

-6.46%

Detached Avg Sold Price

$219,154

$207,104

5.82%

Attached Units Sold

1,167

1,052

10.93%

Detached Units Sold

3,692

3,348

10.27%

Financing (Sold)

Days on Market (Sold)

Assumption

93

Cash

2,771

1 to 10

630

Conventional

1,270

11 to 20

531

FHA

482

21 to 30

366

Other

152

31 to 60

754

Owner

61 to 90

507

109

91 to 120

362

121 to 180

545

181 to 360

595

361 to 720

301

721+

78

VA

Notes:
SP = Sold Price
OLP = Original List Price
LP = List Price (at time of sale)
Attached = Townhouse, Condo, Condo-Hotel, and Cooperatives
Detached = Single Family Home, Villas, Mobile Homes, Manufactured, and Modular

Sold Detail

Active Detail
2 or Less BR

Price Ranges

3 BR

4 or More BR

SFH/Villa

Cnd/Coop/TH

SFH/Villa

Cnd/Coop/TH

< $50,000

149

220

122

$50K to $99,999

161

282

306

63

70

$125K to $149,999

71

$150K to $199,999

113

$200K to $249,999
$250K to $299,999

All

Active Listings

SFH/Villa

Cnd/Coop/TH

MH/Man/Mod

Total

16

93

52

43

68

176

31

33

73

217

27

67

85

363

36

138

60

48

239

33

57

30

145

22

$300K to $399,999

64

41

135

$400K to $499,999

14

16

$500K to $599,999

$600K to $799,999

$800K to $999,999

$1,000,000+

$100K to $124,999

Total

SFH/Villa

Cnd/Coop/TH

72

103

163

173

78

68

98

85

224

88

126

159

61

111

154

73

22

149

214

84

71

18

70

155

47

54

36

101

23

43

39

118

13

15

12

52

31

149

26

1,737

853

767

876

1,893

272

864

19

168

4,877

Avg Sold Price

$155,721

$119,988

$206,519

$211,340

$336,103

$283,342

$49,676

$200,737

Prev Year - Avg Sold Price

$133,222

$123,698

$193,371

$243,091

$332,368

$244,569

$58,201

$194,380

16.89%

-3.00%

6.80%

-13.06%

1.12%

15.85%

-14.65%

3.27%

699

779

1,714

253

782

16

152

4,400

Avg Sold % Change

Prev Year - # of Solds

All data provided by MFRMLS. This report may be reproduced by MFRMLS members. Generated on 09/10/2012.
Powered by RealEstate Business Intelligence, LLC.
Copyright 2012 - All Rights Reserved. Information deemed reliable, but is not guaranteed.

For a wealth of Real Estate information: www.TheSerenaGroup.com

August 2012
Manatee County, FL - Condo/Co-op/TH

168

New Listings

13.5%
from Jul 2012:
148
YTD

2012
1,535

2011
1,474

+/4.1%

5-year Aug average: 187

-26.1%
from Jul 2012:
$115,000
YTD

2012
$100,000

-15.6%
from Aug 2011:
$100,750
2011
$100,000

+/0.0%

5-year Aug average: $118,550

853
Min
853

Jul 2012
864

58.7%

24.8%

41.0%

from Jul 2012:

167

from Aug 2011:

104

from Jul 2012:

113

from Aug 2011:

100

YTD

2012
1,537

2011
1,079

+/42.4%

YTD

2012
1,167

2011
1,052

+/10.9%

5-year Aug average: 90

Summary
In Manatee County, FL, the median sold price for Condo/Co-op/TH
properties for August was $85,000, representing a decrease of 26.1%
compared to last month and a decrease of 15.6% from Aug 2011.
The average days on market for units sold in August was 108 days,
24% below the 5-year August average of 142 days. There was a
1.2% month over month decrease in new contract activity with 165
New Pendings; an 8.2% MoM decrease in All Pendings (new
contracts + contracts carried over from July) to 301; and a 1.3%
decrease in supply to 853 active units.
This activity resulted in a Contract Ratio of 0.35 pendings per active
listing, down from 0.38 in July and an increase from 0.19 in August
2011. The Contract Ratio is 124% higher than the 5-year August
average of 0.16. A higher Contract Ratio signifies a relative increase
in contract activity compared to supply, and indicates the market is
moving in the seller's favor. A lower Contract Ratio signifies a relative
decrease in contract activity compared to supply, and indicates the
market is moving in the buyer's favor.

853

Active Listings

141

Closed Sales

-1.2%

5-year Aug average: 101

$85,000

Median
Sold Price

165

New Pendings

-8.2%
from Aug 2011:
183

941.757.5377

108

Avg DOM

89.8%

Avg Sold to
OLP Ratio

108
1,350
5-year Aug average
Aug 2011
1,104

Max
1,668

Min
108

Jul 2012
170

89.8%
142
5-year Aug average
Aug 2011
165

Max
165

YTD
147

Min
82.3%

Jul 2012
87.9%

84.9%
5-year Aug average
Aug 2011
84.0%

Max
89.8%

YTD
88.6%

For a wealth of Real Estate information: www.TheSerenaGroup.com

Copyright 2012 RealEstate Business Intelligence, LLC. All Rights Reserved.
Data Source: MFRMLS. Statistics calculated September 10, 2012.


 

 
 



 



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