FL ARCHIVED April 2017 - Page 98

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 $419,900 5% 23% Average List Price of all Current Listings $562,266 2% 23% April Median Sales Price $338,100 13% 13% 23% 13% $300,000 6% 0% April Average Sales Price $309,938 -9% -4% 3% -5% $321,199 1% -2% Total Properties Currently for Sale (Inventory) 415 -5% -32% April Number of Properties Sold 77 -36% -41% 383 -13% April Average Days on Market (Solds) 85 5% 4% 13% 10% 82 12% 6% Asking Price per Square Foot (based on New Listings) $179 1% 1% 2% 5% $178 7% 5% April Sold Price per Square Foot $151 -4% 0% 0% 0% $152 4% 0% April Month's Supply of Inventory 5.4 49% 15% 15% 18% 4.6 -14% 1% April Sale Price vs List Price Ratio 95.5% .6% .6% 1.3% -.1% 95.0% -0% -1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Plantation Community Information | School District Property Sales April Property sales were 77, down 41.2% from 131 in April of 2016 and 36.4% lower than the 121 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 383 are running 13.3% behind last year's year-to-date sales of 442. Prices The Median Sales Price in April was $338,100, up 22.9% from $275,000 in April of 2016 and up 12.7% from $300,000 last month. The Average Sales Price in April was $309,938, up 3.1% from $300,505 in April of 2016 and down 9.2% from $341,275 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 180 160 140 120 100 80 60 40 20 0 450 400 350 300 250 200 150 Number of Properties Sold 3 Mo Avg 109 105 129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 118 104 108 99 86 121 77 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 415, down 5.5% from 439 last month and down 32.2% from 612 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 5.4 months was at its highest level compared with April of 2016 and 2015. 700 600 500 400 300 200 100 0 549 559 562 567 556 Total Inventory & Month's Supply of Inventory (MSI) 569 580 530 563 587 589 592 594 590 558 553 556 565 541 520 537 558 604 612 602 602 599 551 504 448 482 448 435 438 439 415 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 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 98 | c o l d w e l l b a n k e r h o m e s.c o m Market Action Report City: Plantation Plantation Agent Name Title Phone Agent Name Website Title Other April 2017 Community Information | School District Trending versus*: L3M PYM LY $419,900 5% 23% Other $562,266 Trending 2% versus*: 23% Month LM 13% L3M 13% PYM 23% LY $338,100 $419,900 5% -9% -4% 23% 3% $309,938 $562,266 415 2% -5% 23% -32% $338,100 13% 13% 23% -41% 13% 77 -36% $309,938 -9% -4% 3% -5% 85 5% 4% 13% 415 -5% -32% $179 1% 1% 2% 77 -36% -41% $151 -4% 0% 0% 85 5% 4% 13% 10% 5.4 49% 15% 15% $179 1% 1% 2% 5% 95.5% .6% .6% 1.3% Prices 15 16 14 The Median Sales Price in April was $338,100, up 22.9% from 450 Prices $275,000 in April of 2016 and up 12.7% from $300,000 last The Median Sales Price Sales in April was in $338,100, 22.9% from month. The Average Price April was up $309,938, up 3.1% 400 450 $275,000 in April in of April 2016 of and up 12.7% from 9.2% $300,000 from $300,505 2016 and down from last $341,275 month. The Average Sales ASP Price in April $309,938, up 3.1% 400 last month. April 2017 was at the was highest level compared to 350 from in April of 2016 and down 9.2% from $341,275 April $300,505 of 2016 and 2015. last month. April 2017 ASP was at the highest level compared to 350 300 April of 2016 and 2015. 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 M J J A S O N D J F Median M A M J Sales J A S Price O N D and J F Average M A M J Sales J A S Price O N D J F M A 3 Mo Avg 0 0 20 20 40 40 60 60 80 80 100 120 Number of Properties Sold 180 April Property sales were 77, down 41.2% from 131 in April of 2016 and 36.4% lower than the 121 sales last month. April 2017 160 Property sales were Sales at their lowest level compared to April of 2016 and 180 140 April Property sales sales were of 77, 383 down from 131 in behind April of last 2015. April YTD are 41.2% running 13.3% 2016 and 36.4% lower sales than of the 121 sales last month. April 2017 160 120 year's year-to-date 442. sales were at their lowest level compared to April of 2016 and 140 100 3 Mo Avg 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 April Month's Supply of Inventory 2015. April YTD sales of 383 are running 13.3% behind last year's year-to-date sales of 442. 6% 5% 0% 1% -1% $151 -4% 0% 0% 0% $152 4% 0% 5.4 49% 15% 15% 18% 4.6 -14% 1% of 95.0% Properties 95.5% .6% .6% 1.3% Number -.1% -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) April Sold Price per Square Foot April Average Days on Market (Solds) 5% 0% 18% -.1% April Number of Properties Sold 6% -13% 0% 383 1% 12% -2% 82 $178 7% 383 -13% $152 4% 82 12% 6% 4.6 -14% $178 7% 5% 95.0% -0% Asking Price per Square Foot (based on New Listings) April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) $300,000 $321,199 10% 137 April Average Sales Price 126 April Sales Price April Median Number of Properties )M)ٕɅ)1ЁAɥ) ɕ)QхAɽѥ) ɕѱ)ȁ1ѥ)M%ٕѽ)Qɕ̨ٕ)AɥȁeQؔ)AɥȁeȀ(̔eQ((Ԕ(İ(Ĕ(Ȕ)5ɭ)Aɽ(Qɕ)ɥ5)M)Aɥ=ٕ٥)5)1ЁAɥ)Aɥ) ɕЁ1ѥ)ɥٕɅ)M)ٕɅ1ЁAɥ ɕЁ1ѥ)Qɕ̨ٕ)AɥȁeQAɥȁe)eQ)14)A)5Ѡ)]ͥє)5ɭЁAɽQɕ́=ٕ٥)51ЁAɥ ɕЁ1ѥ)AɥIAɽѥM )AɥIAɽѥM )5ɭЁѥI) Aхѥ)ɥ()5ḾAɥٕɅḾAɥ(́5ٜ((()Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$((Ը(((ܸ(ظ(Ը(и(̸(ȸ(ĸ((((ܸ(ظ(Ը(и(̸(ȸ(ĸ()4((L<8(44((L<8(44((L<8(4)4((L<8(44((L<8(44((L<8(4(((((((() ɥ+ ݕ) )Iͥѥ)хє( ݕ) )Uѕ)Iѽ)AɥI)Aɽ)Q)M ) ɥ+ ݕ) )Iͥѥ)II)хє( ݕ) )Uѕ)Iѽ)AɥI)Aɽ)QM ( (()Ʌѥٕ䁱ݕȁ5M$́ɔȁ͕́ݡ)))Ʌѥٕ)ݕȁ5M$)́ɔQ))͕)5M$́ѕ)ȁ̸)ɥ()5M$ݡ)ԸЁ())5M$)́ѕ)ȁ̸)ɥ)5M$)Ը)ѡ)݅)Ё́)ٕQ)ɕ)ݥѠ)ɥ)؁()ѡ((Ը݅́Ё́ЁٕɕݥѠɥ؁((()ٕɕݥѠɥ؁Ը)Qх%ٕѽ䀘5Ѡ́M䁽%ٕѽ䀡5M$)QQх%ٕѽ)%ٕѽ(5M$Aɽѥ́مȁ́ͅɥ()݅́Qх(԰%ٕѽ)ݸԸԔ(䁱)Ѡ))ݸ)Q)ɽ)Aɽѥ)م)ͅ)́ȸȔ)ɥɽ(Ȁ԰)ɥ)Ёɽ)啅ȸ)ɥ)%ٕѽ)݅)Ё́ɽ)ݕЀ)݅)ݸ(ԸԔ)Ѐ)Ѡ)ݸ(ȸȔ()ɥ)ЁݥѠ)啅ȸɥ)ɥ)݅́Ё́ݕ)ٕ)ɕ(؁%ٕѽ)Ը()%ٕѽ䀘5M$)4((L<8(44((L<8(44((L<8(4(ԁ4((L<8(4)4(Ё(L<8(4)4((L<8(4(((((()ф)ɽ٥)ѕ))ɕѕ)I1Q=IL)I1Q=H)5ѥ)5ͽѥ)I1Q=IL)ɥ51L)I)51L) ɐI1Q=IL)I1Q=ILͽѥ)ѡA) ̰)M )ͼ)ɕѕ)))1Ցɑ)1Ցɑ)I1Q=IL))ȁI1Q=H))ͽѥ)́ͽѥ))ф)́)ɽ٥)ѕ)5ѥ) չ䰁 չ)5ͽѥ)I1Q=IL)5ɥ5)I)9)ɕ9) ɐɕ)I1Q=IL)I1Q=ILͽѥ)ѡA ̰)M) Ёͽѥ)I0))݅Ʌ)ȁՅɅѕ)Ʌ)ɵѥ)ѡ́ɵѥ)%Ё́ɕͥ)ѡɕͥ)䁽ȁ)ٕɥ)ɵѥ)ѼՍյˊe)хєɅͅѥ))Ё)݅Ʌ)ȁՅɅѕ)ѡѡ)Ʌ)ѡ)%Ё́ѡ)䁽))͕ȁȁѼ͕)ٕɥѼ))ɵѥ)ɕمЁѼɕم)Սյˊe)ɕхєɕ)Ʌͅѥ