Is 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, Bradenton was a Seller's Market.
Housing Prices in Bradenton, FL
How much do homes in Bradenton, FL cost?
Median Sold Price
$450,957
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bradenton was $450,957 in April 2024, up 3.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $130.8K | -18.2% |
2 Bedrooms | $320K | $310.2K | -3.0% |
3 Bedrooms | $485.5K | $476.8K | -1.8% |
4 Bedrooms | $635K | $628.2K | -1.1% |
5+ Bedrooms | $781K | $721.9K | -7.6% |
Summary: Bradenton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Bradenton | $435.5K | $450.9K | +3.5% |
Myakka City | $628.2K | $625K | -0.5% |
Ellenton | $406.2K | $369.7K | -9.0% |
Housing Supply in Bradenton, FL
How many homes are available in Bradenton, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,995 | 2,981 | -0.5% |
Summary: The Bradenton real estate market had 2,981 homes for sale in April 2024, a 0.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 104 | 92 | -11.5% |
2 Bedrooms | 1,097 | 1,102 | 0.5% |
3 Bedrooms | 1,137 | 1,122 | -1.3% |
4 Bedrooms | 522 | 517 | -1.0% |
5+ Bedrooms | 135 | 148 | +9.6% |
Summary: The Bradenton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.5%, 2 bedroom homes increased by 0.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 9.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
486 | 482 | -0.8% |
Asking Price vs. Sold Price
341 Homes Were Sold
Under Asking
106 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Summary: A total of 482 homes were sold or pending in Bradenton in April 2024, down by 0.8% month-over-month. Of the 482 sold homes, 71% were sold under asking, 22% were sold at asking, and 7% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 58 Days | +30.2% |
Summary: Homes in Bradenton had an average of 58 days on market in Apr 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
220 Homes Were Sold
Under 30 Days
146 Homes Were Sold
In 30 - 90 Days
116 Homes Were Sold
Over 90 Days
Summary: During April 2024, 482 homes were sold in Bradenton; 46% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.