Bradenton Florida Real Estate Market Report

By
Real Estate Agent with PARKS

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. 

 

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends

Spam prevention
Show All Comments
Rainmaker
3,206,084
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Brent Tipton This is very good detailed real estate market report for Bradenton, Florida.

Oct 18, 2016 09:41 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
29,651

Brent Tipton

Ask me a question
*
*
*
*