Is Bradenton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Bradenton was a Neutral Market.
Housing Prices in Bradenton, FL
How much do homes in Bradenton, FL cost?
Median Sold Price
$453,835
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bradenton was $453,835 in February 2024, up 8.1% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $134K | -18.8% |
2 Bedrooms | $310K | $315.2K | +1.7% |
3 Bedrooms | $475.1K | $477.5K | 0.5% |
4 Bedrooms | $684.9K | $629.8K | -8.0% |
5+ Bedrooms | $782K | $729.2K | -6.7% |
Summary: Bradenton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Bradenton | $419.8K | $453.8K | +8.1% |
Myakka City | $633.8K | $624.9K | -1.4% |
Ellenton | $430K | $365K | -15.1% |
Housing Supply in Bradenton, FL
How many homes are available in Bradenton, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2,544 | 2,801 | +10.1% |
Summary: The Bradenton real estate market had 2,801 homes for sale in February 2024, a 10.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 96 | 100 | +4.2% |
2 Bedrooms | 970 | 1,082 | +11.5% |
3 Bedrooms | 937 | 1,029 | +9.8% |
4 Bedrooms | 430 | 467 | +8.6% |
5+ Bedrooms | 111 | 123 | +10.8% |
Summary: The Bradenton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
294 | 325 | +10.5% |
Asking Price vs. Sold Price
232 Homes Were Sold
Under Asking
74 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 325 homes were sold or pending in Bradenton in February 2024, up by 10.5% month-over-month. Of the 325 sold homes, 71% were sold under asking, 23% were sold at asking, and 6% were sold over asking.
Days on Market for Bradenton, FL
How long does it take to sell a home in Bradenton, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 61 Days | +57.1% |
Summary: Homes in Bradenton had an average of 61 days on market in Feb 2024, up by 57.1% compared to last year.
Breakdown of Home Sale Times
133 Homes Were Sold
Under 30 Days
106 Homes Were Sold
In 30 - 90 Days
86 Homes Were Sold
Over 90 Days
Summary: During February 2024, 325 homes were sold in Bradenton; 41% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.