April 2020 Manatee County Real Estate Market Update
April 2020 is was Neutral market for Manatee County! The number of for sale listings was down 11.8% from one year earlier and down 6.4% from the previous month. The number of sold listings decreased 29.1% year over year and decreased 30.5% month over month. The number of under contract listings was down 12.8% compared to previous month and down 41% compared to previous year. The Months of Inventory based on Closed Sales is 4, up 24.6% from the previous year.
The Average Sold Price per Square Footage was up 1.1% compared to previous month and up 1.1% compared to last year. The Median Sold Price increased by 6.1% from last month. The Average Sold Price also increased by 5.4% from last month. Based on the 6 month trend, the Average Sold Price trend is “Neutral” and the Median Sold Price trend is “Neutral”.
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The Average Days on Market showed a downward trend, a decrease of 22.4% compared to previous year. The ratio of Sold Price vs. Original List Price is 94%, an increase of 1.1% compared to previous year.
2020 April Manatee County Home & Condo Statistics
|April 2020||Change from April 2019||Change from March 2020|
|Average single family home sales price||$408,000||Up 10.6%||Up 1.7%|
|Average condominium sales price||$271,000||Up 15.8%||Up 11.5%|
|List to Sale Price Difference||97%||Up 1%||Same|
|Average Days on Market||59||Down 17||Down 11|
|Properties For Sale||2,812||Down 11.8%||Down 6.4%|
|Pending Properties||614||Down 41%||Down 12.8%|
|Sold Properties||696||Down 29.1%||Down 30.5%|
Courtesy of https://www.dwellingwell.com/manatee-county-real-estate-market-statistics.php#april2020