Bradenton Florida Real Estate News

Saturday, May 13, 2006

Bradenton Florida Market Conditions Report - April

We have just completed our Market Conditions Report for Manatee County (Bradenton, Florida) showing the statistics for the month of April.

Here's the summary for Single Family Homes:
*Number of active listings up 508 percent over last year, up 3 percent over last month.
*Sales are down 38 percent from last year and down 12.5 percent from last month.
*The median sales price is 16 percent below 6 months ago and .3 percent below last year.*
The median sales price is down 22 percent from the high of 2005.
*We currently have a 7.1 month's supply of homes on the market.

Here's the summary for the Condos:
*Number of active listings up 559 percent over last year, up 2.5 percent over last month.
*Sales are down 51 percent from last year, and 30.5 percent from last month.
*The median sales price is down 30 percent below 6 months ago and 3.1 percent below last year.
*The median sales price is down 29 percent from the high of 2005.
*We currently have an 8.1 month's supply of condos on the market.

We generate this report from information gathered from the Multiple Listing Service of the Manatee Association of Realtors. The information is deemed reliable but not guaranteed.

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