Is Downtown Bradenton, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Downtown Bradenton is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 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

$425,000

$332/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$4,100(+1.0%)

Key Takeaway

Homes in Downtown Bradenton have sold for 1% more than they did a month ago.

Summary: The median home sold price in Downtown Bradenton was $425,000 in October 2024, up 1% from last month, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $420.9K$425K
+1.0%
3 $399K-
N/A
4 --
N/A
5+ $975K-
N/A

Summary: Downtown Bradenton housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Downtown Bradenton, FL

How many homes are available in Downtown Bradenton, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1719+11.8%

Summary: The Downtown Bradenton real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 910
+11.1%
3 43
-25.0%
4 00
0.0%
5+ 34
+33.3%

Summary: The Downtown Bradenton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Downtown Bradenton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Downtown Bradenton in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Sep 2024Oct 2024CHANGE
33 Days91 Days+170.3%

Summary: Homes in Downtown Bradenton had an average of 91 days on market in Oct 2024, up by 170.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Downtown Bradenton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Downtown Bradenton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Downtown Bradenton, FL

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