FL ARCHIVED December 2017 | Page 96

Market Action Report December 2017
Community Information | School District
Market Action Report December 2017

City : Plantation

Price Range : All | Properties : SFH - Con
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
$ 389,900
-2%
7 %
Average List Price of all Current Listings
$ 518,451
0 %
10 %
December Median Sales Price
$ 280,000
0 %
-11%
-7%
-7%
$ 315,000
5 %
5 %
December Average Sales Price
$ 321,788
6 %
-6%
4 %
-2%
$ 337,586
3 %
3 %
Total Properties Currently for Sale ( Inventory )
405
-6%
-13%
December Number of Properties Sold
55
67 %
-50%
1,034
-30%
December Average Days on Market ( Solds )
51 -42% -22% -23% -33%
69
-8%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 143
-8%
-5%
-9%
-13%
$ 166
2 %
1 %
December Sold Price per Square Foot
$ 144
1 %
-1%
-2%
-2%
$ 152
3 %
3 %
December Month ' s Supply of Inventory
7.4 -44% -25% 73 %
59 %
6.4
39 %
39 %
December Sale Price vs List Price Ratio
93.6 %
2.1 %
. 2 % -1.7% -2.1%
95.2 %
-1%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
180
December Property sales were 55 , down 50.0 % from 110 in
December of 2016 and 66.7 % higher than the 33 sales last
160
Property month . December Sales 2017 sales were at their lowest level
180
140
December compared Property to December sales were of 2016 55 , down and 2015 50.0 .% December from 110 in YTD sales
December of 2016 and 66.7 higher than the 33 sales last
160 of 1,034 are running 30.0 % behind last year ' s year-to-date sales
120
month of 1,477 . December . 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 1,034 are running 30.0 % behind last year ' s year-to-date sales
140
120
100
80
of 1,477 .
100
60
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
80
40
60
20
40
0
20
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
J
A S O N D
0
15
16
17
Prices
The Median Sales Price in December was $ 280,000 , down 6.7 %
Prices from $ 300,000 in December of 2016 and equal to $ 280,000
The last Median month . Sales The Price Average in December Sales Price was in $ December 280,000 , down was $ 6.7 321,788 % ,
450 from up 4.0 $ 300,000 % from in $ 309,441 December in of December 2016 and of equal 2016 to and $ 280,000 up 5.8 % from
J
F M A M J
15
450
400
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 304,031 month . last The month Average . December Sales Price 2017 in December ASP was was at the $ 321,788 highest ,
400 up level 4.0 % compared from $ 309,441 to December in December of 2016 of 2016 and 2015 and . up 5.8 % from
350
$ 304,031 last month . December 2017 ASP was at the highest
350
300
level compared to December of 2016 and 2015 .
300
250
67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131
3 Mo Avg
67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 110 100 88 122 83 121 126 115 106 35 50 33 55
153 158 118 156 116 119 105 110 100 88 122 83 121 126 115 106 35
3 Mo Avg
50 33 55
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 405 of , down Properties 6.3 % available from 432 for last sale month as of and down December 13.3 % from was 467 405 in , down December 6.3 % from of last 432 year last . month December and 2017 down
700
13.3 Inventory % from 467 was in at December its lowest of level last compared year . December with December 2017 of 600 Inventory 2016 and was 2015 at . its lowest level compared with December of 500 2016 and 2015 .
400
A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower for MSI buyers is more . The beneficial December for sellers 2017 while MSI of a 7.4200
higher months MSI was is better at its highest for buyers level . The compared December with 2017 December MSI of 7.4 of 100 months 2016 and was 2015 at its . highest level compared with December of 2016 and 2015 .
0
200
150
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
J
A S O N D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
17
F M A M J
J
A S O N D
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
600
14.0
12.0
500
12.0
10.0
400
10.0
8.0
300
8.0
6.0
200
6.0
4.0
100
4.0
2.0
2.0
0
0.0
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
J
A S O N D
J
F M A 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
15
16
17
15
16
17
0.0
558
587 558 587 590
590 592 594 592 594
590
561 590 561
553 555
553 555
558 547
558 547
524 540 560 524 540
606 616 560
606
606
612 616 606
611
561 612 611
561
514 464 496
514 464
467
462 496 467
465 473
462 465
460 468
473 460 468
456 456 466
456
443
451 456 466
432
405 443 451 432 405
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | 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 Assoc
96 | c o l d w e l l b a n k e r h o m e s . c o m 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 .