This post was contributed by a community member. The views expressed here are the author's own.

Business & Tech

How's The Local Real Estate Market Doing? Here Are The Stats

comparing distressed properties vs. traditional real estate listings in Manatee County.

The most frequently asked question for most real estate professionals today is:

 "How's the market?"

Maybe you've been wondering how the distressed property listings and sales compare, right now, with traditional property listings and sales.

Find out what's happening in Bradentonfor free with the latest updates from Patch.

Hopefully, the charts below will enlighten and educate you a bit with respect to the Manatee County real estate market. For more specific and detailed reports about your neighborhood or community, contact your real estate professional for assistance.

 MANATEE COUNTY DISTRESSED PROPERTY

REAL ESTATE LISTINGS STATISTICS    

Find out what's happening in Bradentonfor free with the latest updates from Patch.

Status Count Total Price Avg/Price Med/Price Avg/DOM Active 1,017 $178,515,911 $175,532 $129,000 167 Pending 1,141 $181,033,692 $158,662 $125,000 124 Sold 202 $26,071,948 $129,069 $118,950 89 Total 2,360 $385,621,551 $163,399 $125,000 139

 

Distressed Properties - Real Estate Listings - Search Criteria Status

Active, Sold, Pending

(Realtor Assisted)

County MANATEE Property Styles Single Family Home, Condo, Townhouse, Villa Sold Date 30 days back (From 3-6-11) Special Sale Provision Short Sales , REO/Bank Owned  DOM Days on Market  Price Average, Median

 

                                       COMPARE TO TRADITIONAL REAL ESTATE
                                                             LISTINGS STATISTICS

                                                                          ▼

 

MANATEE COUNTY TRADITIONAL REAL ESTATE LISTINGS STATISTICS 

Status

Count

Total Price

Avg/Price

Med/price

Avg/DOM

Active 3,221 $1,395,948,667 $433,390 $264,000 221 Pending 512 $140,180,993 $273,791 $217,500 128 Sold 230 $52,842,062 $229,748 $176,500 160 Total 3,963 $1,588,971,722 $400,952 $249,000 205

 

Traditional Properties - Real Estate Listings - Search Criteria Status

Active, Sold, Pending

(Realtor Assisted)

County MANATEE Property Style Single Family Home, Condo, Townhouse, Villa Sold Date 30 days back Special Sale Provision

Traditional Real Estate Listings

(no short sales or REO/ Bank Owned)

 DOM

 Days on Market

 Price

 Average, Median

 

 * Data Source:  Mid Florida Regional MLS for Realtor-assisted listings/ sales

The views expressed in this post are the author's own. Want to post on Patch?