FL ARCHIVED April 2017 - Page 13

Plant City Community Information | School District Trending versus*: Trending versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $249,900 11% 24% Average List Price of all Current Listings $321,491 14% 39% April Median Sales Price $194,000 5% 2% 27% 14% $190,000 27% 12% April Average Sales Price $205,852 7% 4% 15% 13% $197,204 20% 9% Total Properties Currently for Sale (Inventory) 148 -11% -13% April Number of Properties Sold 69 -8% -22% 261 -2% April Average Days on Market (Solds) 49 53% 11% -23% -14% 44 -36% -23% Asking Price per Square Foot (based on New Listings) $122 9% 4% 14% 15% $117 14% 10% April Sold Price per Square Foot $110 8% 6% 16% 13% $104 13% 6% April Month's Supply of Inventory 2.1 -3% -12% 12% -24% 2.6 -14% -9% April Sale Price vs List Price Ratio 95.8% .8% .5% .9% -.4% 95.4% 0% -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales April Property sales were 69, down 22.5% from 89 in April of 2016 and 8.0% lower than the 75 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 261 are running 1.5% behind last year's year-to-date sales of 265. Prices The Median Sales Price in April was $194,000, up 26.8% from $153,000 in April of 2016 and up 4.9% from $185,000 last month. The Average Sales Price in April was $205,852, up 15.0% from $178,942 in April of 2016 and up 7.5% from $191,558 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 100 90 80 70 60 50 40 30 20 10 0 240 220 200 180 160 140 120 100 Number of Properties Sold 3 Mo Avg 64 69 65 74 54 61 50 62 42 57 85 80 69 86 73 64 73 83 47 86 54 47 75 89 74 60 74 73 62 82 66 63 59 58 75 69 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of April was 148, down 10.8% from 166 last month and down 13.5% from 171 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 2.1 months was at a mid level compared with April of 2016 and 2015. 350 300 250 200 150 100 50 0 281 282 290 288 289 Total Inventory & Month's Supply of Inventory (MSI) 279 283 289 271 265 249 270 243 256 268 248 236 239 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 233 190 192 188 176 171 186 187 199 207 181 183 190 167 170 172 166 148 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 13 Market Action Report City: Plant City Plant City Agent Name Title Phone Agent Name Website Other Title Market Action Report April 2017 Community Information | School District Price Range: All | Properties: SFH - Con Phone Month Website $249,900 Other LM Trending versus*: L3M PYM LY 11% 24% $321,491 Trending 14% versus*: 39% Month LM 5% L3M PYM LY $194,000 2% 27% $249,900 11% 7% 24% $205,852 4% 15% $321,491 148 14% -11% 39% -13% $194,000 5% 2% 27% -22% 14% 69 -8% $205,852 7% 4% 15% 13% 49 53% 11% -23% 148 -11% -13% $122 9% 4% 14% 69 -8% -22% $110 8% 6% 16% 49 53% 11% -23% -14% 2.1 -3% -12% 12% $122 9% 4% 14% 15% 95.8% .8% .5% .9% $110 8% 6% 16% 2.1 -3% -12% 12% 95.8% .8% .5% .9% April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales 100 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A Median Sales Price and Average Sales Price 14 15 16 17 Prices M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 The Median Sales Price in April was $194,000, up 26.8% from Prices $153,000 in April of 2016 and up 4.9% from $185,000 last 240 The Median Sales Price Sales in April was in $194,000, 26.8% from month. The Average Price April was up $205,852, up 220 $153,000 in April of 2016 and up 4.9% from $185,000 last 15.0% from $178,942 in April of 2016 and up 7.5% from 240 month. The last Average Sales Price in April up level $191,558 month. April 2017 ASP was was $205,852, at the highest 220 200 15.0% from $178,942 April and of 2016 and up 7.5% from compared to April of in 2016 2015. $191,558 last month. April 2017 ASP was at the highest level 200 180 compared to April of 2016 and 2015. 0 10 20 20 30 30 40 40 50 50 60 60 70 0 3 Mo Avg 70 80 10 3 Mo Avg 80 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 261 are running 1.5% behind last year's year-to-date sales of 265. -23% 10% 6% -9% -1% Number of Properties Sold 90 April Property sales were 69, down 22.5% from 89 in April of 2016 and 8.0% lower than the 75 sales last month. April 2017 Property sales were Sales at their lowest level compared to April of 2016 and 100 April Property sales sales were of 69, 261 down from 89 behind in April last of year's 2015. April YTD are 22.5% running 1.5% 90 2016 and 8.0% sales lower of than year-to-date 265. the 75 sales last month. April 2017 -2% 12% -36% 9% 14% 13% -23% -14% 10% 0% 13% $104 13% 6% -24% 2.6 -14% -9% Number of 95.4% Properties -.4% 0% Sold -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Sale Price vs List Price Ratio April Sold Price per Square Foot April Month's Supply of Inventory Asking Price per Square Foot (based on New Listings) 54 April Sold Price per Square Foot April Average Days on Market (Solds) 15% 13% -24% -.4% 64 April Number of Properties Sold 27% 261 20% 44 $117 261 -2% $104 44 -36% 2.6 $117 14% 95.4% Asking Price per Square Foot (based on New Listings) April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $190,000 $197,204 -14% April Average Sales Price Trending versus*: April Sales Price April Median Number of Properties Sold Trending versus*: Prior YTD Prior Year YTD Prior YTD 27% Prior Year 12% 14% YTD $190,000 13% $197,204 20% 9% Average List Price of all Current Total Properties Currently for Listings Sale (Inventory) Market Profile & Trends April Median Sales Price Overview Median List Price of all Price Current Listings April Average Sales Average List Price of all Current Listings Price Range: All | Properties: SFH - Con Market Profile & Trends Overview Median List Price of all Current Listings City: Plant City April 2017 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 180 160 160 140 140 120 120 100 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 14 J A S O N D J F M 15 A M J J A S O N D J F M 16 A M J J A S O N D J F M A 17 ŒMŒMBŒM‚ŒM•Ý[[™[ܞH ˆ[۝ ÜÈÝ\Hو[™[ܞH TÒJB’[™[ܞH ˆTÒBLŒL ŒŒ‹ŒŒËŒŒËŒ ŒKŒKŒ‹Œ‹ŒŒL ŒMLHÛÛ\\˜]]™[HÝÙ\ˆTÒH\È[ܙH™[™YšXÚX[›ÜˆÙ[\œÈÚ[H ML˜H L HYÚ\‚˜ÛÛ\\˜]]™[B›ÝÙ\ˆTÒBš\È[ܙHB˜™[™YšXÚX[œÙ[\œÂ“TÒH\È™]\‚™›Üˆ^Y\œË‚\š[›Ü‚ŒŒ M“TÒHÚ[B›Ùˆ ‹ŒHBšYÚ\ˆTÒH\È™]\ˆ›Üˆ^Y\œËˆH\š[ Œ MÈTÒHو ‹ŒB›[۝ÈØ\È]HZY]™[ÛÛ\\™YÚ]\š[و Œ Mˆ[™›[۝ÈØ\È]HZY]™[ÛÛ\\™YÚ]\š[و Œ Mˆ[™ŒŒ MK‚ŒŒ MK‚ËŒËŒŒŒ ŒŒ •Ý[[™[ܞH ˆ[۝ ÜÈÝ\Hو[™[ܞH TÒJBŒL›]™[ÛÛ\\™YÚ]\š[و Œ Mˆ[™ Œ MK‚•HÝ[[™[ܞB’[™[ܞB‰ˆTÒHو›Ü\Y\È]˜Z[X›H›ÜˆØ[H\Èو\š[Ø\ÈÝ[ŒM [™[ܞB™Ýۈ L Ž B™œ›ÛH Mˆ]˜Z[X›B›\Ý[۝ŒLˍIHœ›ÛH ÍL•B›Ùˆ›Ü\Y\™›Üˆ[™œØ[HÝۂ˜\Èو\š[Ø\™Ýۈو L Ž B™œ›ÛH\š[ŒMˆ\Ý›[۝˜[™ÝۂŒMÌH M š[ˆ\š[›\ÝYX\‹‚ŒŒ M’[™[ܞBØ\È LˍIB˜]]Èœ›ÛB›ÝÙ\Ý ÍL Ì ŒMÌBš[ˆ\š[›Ùˆ\ÝÚ]žYX\‹ˆ\š[\š[قŒŒ M’[™[ܞBØ\È]]ÈÝÙ\ÝŒÌ ›]™[˜ÛÛ\\™YŒŒ M‚˜[™ Œ MK‚ŒLŒL ŒKŒŒŒ ŒŒ‹ŒŒKŒŒ Œ“HˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHB“HˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHHHˆˆHÈȈˆˆHBŒMBŒM‚ŒMŒM MŒMBŒM‚ŒMÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\‚”™\ÚY[X[‘\Ý]B‹ÈÛÛÙ[˜[šÙ\‚”™X[ܜ”šXÙH˜[™ÙN‚[›Ü\B•\\΂ÛÜ\šYÚ°ªHÛÛÙ[˜[šÙ\‚”™\ÚY[X[”™X[™X[‘\Ý]B‹ÈÛÛÙ[˜[šÙ\‚•[š]Y [š]Y ”™X[ܜŸšXÙH˜[™ÙN‚[›Ü\B•\\Έђ‹HÛۈђ HÛۂ˜ÈÈÈ[ˆHˆÈ\ˆÈH\È ˆÈÈBŸ L‘]Bœ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆÛÝ[K“X\[ˆÛÝ[K“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË‘›ܚYHSË”™YÚ[ۘ[“Sː\™XB›Ø\™و‘PSԔË”‘PSԔ›وH[B”ÜXÙHÛØ\ݐ\ÜÛ‘]Bš\È\œ›ÝšYY˜ÛÝ\\ÞB›ÙˆܙX]\‚‘›Ü›Ü“]Y\™[B”‘PSԔË”‘PSԂ\ÜÛØÚX][ۂ›ÙˆX\[‚“ZX[ZH\ÜÛØÚX][ۂ›Ùˆ‘PSԔË“^H›ܚYH^B”™YÚ[ۘ[“˜\\\™XH˜\\›Ø\™ق”‘PSԔË”‘PSԔÈ\ÜÛØÚX][ۂ›Ùˆ\ÜÛØÚX][ۂH[H™XXÚ\Ë”ÜXÙH™XXÚ\ːÛØ\Ý\ÜÛØÚX][ۂ›Ùˆ‘PS™Ù\Ø\œ˜[›ÜˆÝX\˜[YB˜XØÝ\˜XÞB›Ùˆ[™›Ü›X][ۋ‚\È[™›Ü›X][ۋ‚’]\È™\ÜۜÚXš[]BH™\ÜۜÚXš[]B›Ùˆ[žH܈^Y\‚™\šYžB˜[™[[™›Ü›X][ۂÈÝXÚÛۜÝ[Y\¸ &\œ™X[\Ý]H˜[œØXÝ[ۋ‚™Ù\››Ý›ÝØ\œ˜[›ÜˆÝX\˜[YBHB˜XØÝ\˜XÞB›Ùˆ\’]\ÈB›Ùˆ[žH^Y\‚œÙ[\ˆ܈ÈÙ[\‚™\šYžH˜[žB˜[™[žB˜[[™›Ü›X][ۂœ™[]˜[È™[]˜[œÝXÚÛۜÝ[Y\¸ &\œ™X[\Ý]H˜[œØXÝ[ۋ