Bradenton Florida is centrally located between Saint Pete and Sarasota. This area is showing great signs of improvement month to month. The following market stats are as of 10/17/16 and zip codes 34209,34210,34217, and 34216 were used. In the 50k-500,000 range active listings are 361,contracts written are 108 giving an absorption rate of 3.5 months. In the 500k-1,000,000 range there are 165 active listings, and 21 contracts written giving an absorbtion rate of 8 months. in the 1,000,000 and above range there are 118 active listings, and 3 contracts written giving the final absorbtion rate of 40 months. In the higher end there is still some negotiating power for the buyers. But in the 500k and below range it becoming more of a sellers market for sure.
