Real Estate Market Update for
34201 (Bradenton, FL)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 39% from one year earlier and down 17% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was 550-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just under 320-thousand dollars. Overall, The number of units sold Increased 83% year-over-year and Increased more than 300% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 34201 (Bradenton, FL)
Area Information for 34201 (Bradenton, FL)
Community Character:Moderate Residential Turnover
Population:2,436
Median Age:42.16 yr
Median Commute Time:20.45 mins
Recycling Likelihood**:136
Sales Tax:5%
Population Density:686/sq mi
Population Change Since 2000:65%
Closest Airport:Sarasota/bradenton International
Closest College:Everglades University
Closest Jr. College:Keiser College
Median Household Income:$79,662
Annual Residential Turnover:23.82%
Median Years in Residence:3.07 yr
Median Home Sales Price:$278,500
Closest Major Sports Team:Sarasota Reds (a)
Change Avg. Household Income Since 2000:21%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 34201 (Bradenton, FL)
Median Age: 42.16Married: 63%Number of Households: 1,255Households with Children: 145
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)