FL ARCHIVED December 2017 | Page 70

Market Action Report December 2017

PLANTATION

City : Plantation

Community Information | School District
Price Range : $ 1,000,000 and Up | 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
$ 1,687,500
-1%
6 %
Average List Price of all Current Listings
$ 1,728,712
-1%
5 %
December Median Sales Price
$ 1,250,000
22 %
4 %
-9%
-13%
$ 1,200,000
-16%
-16%
December Average Sales Price
$ 1,250,000
22 %
-6%
-9%
-23%
$ 1,405,696
-12%
-13%
Total Properties Currently for Sale ( Inventory )
42
2 %
8 %
December Number of Properties Sold
1
0 %
0 %
27
-18%
December Average Days on Market ( Solds )
146
7 %
-1% 256 %
-1%
100
-33%
-32%
Asking Price per Square Foot ( based on New Listings )
$ 198
3 %
-7%
-19% -38%
$ 288
-11%
-10%
December Sold Price per Square Foot
$ 0
-100% -100% -100% -100%
$ 259
-12%
-12%
December Month ' s Supply of Inventory
42.0
2 %
1 %
8 %
77 %
28.3
19 %
19 %
December Sale Price vs List Price Ratio
92.6 % 3.9 % 1.4 % -5.9% -3.0%
92.1 %
-4%
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales December Property sales were 1 , equal to 1 in December of 2016 and the same as the 1 sales last month . December 2017 sales were at their lowest level compared to December of 2016 and Property 2015 . December SalesYTD sales of 27 are running 18.2 % behind last December year ' s year-to-date Property sales of were 33 . 1 , equal to 1 in December of 2016 and the same as the 1 sales last month . December 2017 sales were at their lowest level compared to December of 2016 and 2015 . December YTD sales of 27 are running 18.2 % behind last year ' s year-to-date sales of 33 .
Prices
0
The Median Sales Price in December was $ 1,250,000 , down
8.9 % from $ 1,372,500 in December of 2016 and up 22.0 % from
$ 1,025,000 last month . The Average Sales Price in December
J
2,000
15
Prices was $ 1,250,000 , down 8.9 % from $ 1,372,500 in December of
The
2016 Median and up Sales 22.0 Price % from in $ December 1,025,000 was last $ month 1,250,000 . December , down
1,800
8.9
2017 % from ASP was $ 1,372,500 at the lowest in December level compared of 2016 to and December up 22.0 % of from 2016
$ and 1,025,000 2015 . last month . The Average Sales Price in December
2,000
1,600
was $ 1,250,000 , down 8.9 % from $ 1,372,500 in December of
2016 and up 22.0 % from $ 1,025,000 last month . December
1,800
1,400
2017 ASP was at the lowest level compared to December of 2016 and 2015 .
1,600
1,200
70 | coldwellbankerluxury . com
8 7 6 8 5 7 4 6 3 5 2 4 1 3 0 2
1
1
1,400 1,000 1,200
Number of Properties Sold
Median Sales Price and Average Sales Price
3 Mo Avg
F M A M J
J
A
S O N D
F M A M J
J
A
S O N D
J
F M A M J
J
A
S O N D
J
16
17
Median Sales Price and Average Sales Price
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of 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
December was 42 , up 2.4 % from 41 last month and up 7.7 %
70 15 16
17 60.0 from 39 in December of last year . December 2017 Inventory 60 50.0
Inventory was at its highest & MSI level compared with December of 2016 and 50 Total Inventory & Month ' s Supply of Inventory ( MSI )
The 2015 Total . Inventory of Properties available for sale as of 40.0
December was 42 , up 2.4 % from 41 last month and up 7.7 %
70 40
60.0 30.0 from 39 in December of last year . December 2017 Inventory 60 30 50.0 was A comparatively at its highest level lower compared MSI is more with beneficial December for of sellers 2016 while and a 20.0
50 20 2015 higher . MSI is better for buyers . The December 2017 MSI of
40.0
40 10 10.0
42.0 months was at its highest level compared with December of 30.0
2016 and 2015 . 300
0.0 A comparatively lower MSI is more beneficial for sellers while a 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 20.0
20 higher MSI is better for buyers . The December 2017 MSI of
15 16
17 10
10.0
42.0 months was at its highest level compared with December of 2016 and 2015 .
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 Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17 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 REALT
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 .
32 3 37
1 45
Agent Name
Title Phone Website Other
1 47
4 48
3 48
6 45
1 43
3 41
6 34
5
35 3
33
Number of Properties Sold
4
39 41
0 50
2 56
1 52
3 62
2 55
4 47
5 41
1 36
7 42
3 39
1 47
2 55
1 56
3 55
1 4
56 56
3
53 4
45
5 2
42 41 41 42
3 Mo Avg
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
15
16
17
32
0 1 1
3 Mo Avg
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
15
16
17
37 45 47 48 48 45 43 41
34 35 33 39 41
50 56
52 62
55
47
41
36 42 39
47 55 56 55 56 56 53
45 42 41 41
3 Mo Avg
42
1 3 1 1 4 3 6 1 3 6 5 3 4 0 2 1 3 2 4 5 1 7 3 1 2 1 3 1 4 3 4 5 2 0 1 1