Is Downtown Bradenton, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Downtown Bradenton was a Seller's Market.
Key Takeaway
Downtown Bradenton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Downtown Bradenton, FL
How much do homes in Downtown Bradenton, FL cost?
Median Sold Price
$400,000
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Downtown Bradenton have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Downtown Bradenton was $400,000 in April 2024, up 14.3% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $253.5K | $203.5K | -19.7% |
| 2 Bedrooms | $370K | $400K | +8.1% |
| 3 Bedrooms | $349.9K | $496.2K | +41.8% |
| 4 Bedrooms | $825K | $650K | -21.2% |
| 5+ Bedrooms | $750K | $260K | -65.3% |
Summary: Downtown Bradenton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 41.8%, 4 bedroom homes decreased by 21.2%, and 5+ bedroom homes decreased by 65.3%.
Housing Supply in Downtown Bradenton, FL
How many homes are available in Downtown Bradenton, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The Downtown Bradenton real estate market had 24 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Downtown Bradenton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown Bradenton, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Downtown Bradenton in April 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Downtown Bradenton, FL
How long does it take to sell a home in Downtown Bradenton, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 46 Days | +72.0% |
Summary: Homes in Downtown Bradenton had an average of 46 days on market in Apr 2024, up by 72% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Downtown Bradenton has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Downtown Bradenton; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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