Bradenton Beach Real Estate Market Sees Home Sales Up

Over the last 30 days, the Bradenton Beach market was healthy with seven homes sold, a 16.7% increase from last week's report. At the same time, close-by Bradenton reported 93 home sales, the highest number from all the surrounding cities. Prices are falling in Bradenton Beach, and this period the median price of all sales fell from $392,250 to $329,500. Bradenton Beach is still a definite buyer's market, in spite of the uptick in sales, thanks to the availability of nine months of remaining inventory.

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Demographic facts for Bradenton Beach:

  • This area has a median house value of $208,300.
  • Average number of rainy days is 107 per year. (U.S. average: 100)
  • The unemployment rate is 10.2%.
  • The students per teacher ratio in this area is 17.0:1. (15.3:1 = national average)

Data reported through 10/19/2016

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