FL ARCHIVED April 2017 | Page 76

Market Action Report
April 2017
PLANTATION
City: Plantation
Agent Name
Market Action Report
April 2017
Title
Phone
Agent
Website Name
Title
Other
Phone
Trending versus*:
Month
Website LM L3M PYM LY
$1,425,000
-2%
Other -11%
Community Information | School District
City: Plantation
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: $1,000,000 and Up | Properties: SFH - Con
YTD
Trending versus*:
Prior YTD Prior Year
$1,633,102 -2% Trending versus*:
-2%
Trending versus*:
$1,100,000
-8% -44%
$1,200,000
-38%
-16%
Month -36%
LM L3M
PYM -23%
LY
YTD
Prior
YTD Prior
Year
$1,100,000 -11%
-30% -27% -44%
-21%
-6%
$1,425,000
-2% -32% $1,509,113
Total Properties
for Sale
(Inventory)
57 -2%
0%
2%
Average
List Price Currently
of all Current
Listings
$1,633,102
-2%
April Median
Number Sales
of Properties
Sold
-67% -8% -44%
0% -23% $1,200,000 7 -38%
0%
April
Price
$1,100,000 1 -36%
-16%
April Average
Average Sales
Days Price
on Market (Solds)
110 -30%
43% -27%
22% -44%
588% -32%
-26% $1,509,113
90 -50%
-39%
April
$1,100,000
-21%
-6%
Asking
Price per Currently
Square Foot
(based
on New Listings)
$278
0% -11% -22%
$312
1%
-5%
Total
Properties
for Sale
(Inventory)
57 0%
2% -16%
April Number
Sold Price
per Square Sold
Foot
$188 1 -67%
-40% -33% -53%
$279 7 -19%
-8%
April
of Properties
0% -38%
0%
April Average
Month's Days
Supply
Inventory
57.0
31% 588%
2% 137%
38.5
27%
60%
April
on of
Market
(Solds)
110 200%
43% 22%
-26%
90 -50%
-39%
April Sale
Price
List Price
91.7%
-3.5% -22%
-6.4% -4.0%
95.1%
-0%
-0%
Asking
Price
per vs
Square
Foot Ratio
(based on New Listings)
$278 -4.2%
0% -11%
-16%
$312
1%
-5%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April
Sold Price per Square Foot
$188 -40% -33% -53% -38%
$279
-19%
-8%
Number
April Month's Supply of Inventory
57.0 200% 31% 2%
137% of Properties
38.5 Sold
27%
60%
Property
Sales
April
Sale Price
vs List Price Ratio
91.7% -4.2% -3.5% -6.4% -4.0%
95.1%
-0%
-0%
8
Average List Price of all Current Listings
April Median
Sales
Price
Market
Profile
& Trends
Overview
April Average
Sales
Price
Median
List Price
of all
Current Listings
3 Mo Avg
April Property
sales
were / 1,
equal to
1 in Prior
April
2016 Year
and (2016)
66.7%
* LM=Last
Month / L3M=Last
3 Months
PYM=Same
Month
Year of
/ LY=Last
/ YTD = Year-to-date
3
3 Mo Avg
Median Sales Price and Average Sales Price
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
Prices
1
Number of Properties Sold
lower than the 3 sales last month. April 2017 sales were at their 7
highest level compared to April of 2016 and 2015. April YTD
6
sales of 7 are
running equal to last year's year-to-date sales of 7.
Property
Sales
8
April Property sales were 1, equal to 1 in April of 2016 and 66.7% 5
lower than the 3 sales last month. April 2017 sales were at their 7
4
highest level compared to April of 2016 and 2015. April YTD
6
sales of 7 are running equal to last year's year-to-date sales of 7. 3
5
2
4
1
3
0
2
3 Mo Avg
0
The Median Sales Price in April was $1,100,000, down 43.6%
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
from $1,950,000 in April of 2016 and down 36.2% from
2,000
14
15
16
17
$1,723,400 last month. The Average Sales Price in April was
$1,100,000, down 43.6% from $1,950,000 in April of 2016 and
Median Sales Price and Average Sales Price
Prices
1,800
3 Mo Avg
down
30.1% Sales
from Price
$1,574,467
month.
April 2017
was at
The
Median
in April last
was
$1,100,000,
down ASP
43.6%
the
lowest
level
compared
to
April
of
2016
and
2015.
from $1,950,000 in April of 2016 and down 36.2% from
1,600
2,000
$1,723,400 last month. The Average Sales Price in April was
$1,100,000, down 43.6% from $1,950,000 in April of 2016 and
1,400
1,800
down 30.1% from $1,574,467 last month. April 2017 ASP was at
the lowest level compared to April of 2016 and 2015.
1,200
1,600
1,000
1,400
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
1,200
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
60.0
14
15
16
17
50.0
70
50.0
20.0
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
10
40.0
60.0
30.0
20
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The April 2017 MSI of 57.0
months was at its highest level compared with April of 2016 and
2015. 40
70
30
60
20
50
10
40
0
30
Total Inventory & Month's Supply of Inventory (MSI)
50
The Total Inventory of Properties available for sale as of April
was 57, equal to 57 last month and up 1.8% from 56 in April of
last year. April 2017 Inventory was at its highest level compared
A comparatively lower MSI is more beneficial for sellers while a
with April of 2016 and 2015.
higher MSI is better for buyers. The April 2017 MSI of 57.0
months was at its highest level compared with April of 2016 and
2015.
60
Inventory & MSI
Total Inventory & Month's Supply of Inventory (MSI)
1,000
Inventory & MSI
The Total Inventory of Properties available for sale as of April
was 57, equal to 57 last month and up 1.8% from 56 in April of
last year. April 2017 Inventory was at its highest level compared
with April of 2016 and 2015.
40.0
10.0
30.0
0.0
20.0
10.0
0.0
M J J A S O N D J F M A M J J A S O N D J F M A
15 My Florida Regional MLS, Naples Area Board of 16
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, 14
Miami Association of REALTORS,
REALTORS, REALTORS Association of the Palm 17
Beaches, Space Coast Association of REAL
0
M J J and A Up S | Property
O N Types:
D J SFH
F M
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000
- Con A
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.
76 | coldwellbankerluxury.com
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United, Realtors | Price Range: $1,000,000 and Up | Property Types: SFH - Con
Data is provided courtesy of Greater Fort Lauderdale REALTORS, REALTOR Association of Martin County, Miami Association of REALTORS, My Florida Regional MLS, Naples Area Board of REALTORS, REALTORS Association of the Palm Beaches, Space Coast Association of REA
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.