FL ARCHIVED January 2018 | Page 96

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 395,000
4 %
4 %
Average List Price of all Current Listings
$ 529,588
4 %
6 %
January Median Sales Price
$ 288,000
3 %
-6%
14 %
-9%
$ 288,000
14 %
-9%
January Average Sales Price
$ 311,074
-3%
-4%
3 %
-8%
$ 311,074
3 %
-8%
Total Properties Currently for Sale ( Inventory )
414
-0%
-10%
January Number of Properties Sold
37 -36%
-63%
37
-63%
January Average Days on Market ( Solds )
60 -13% -12% -35% -13%
60
-35%
-13%
Asking Price per Square Foot ( based on New Listings )
$ 168
18 %
7 %
-2%
1 %
$ 168
-2%
1 %
January Sold Price per Square Foot
$ 136
-5%
-4%
-2%
-11%
$ 136
-2%
-11%
January Month ' s Supply of Inventory
11.2
56 %
7 %
142 % 75 %
11.2
142 %
75 %
January Sale Price vs List Price Ratio
91.8 % -2.7% -1.4% -3.2% -3.4%
91.8 %
-3%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
180
January Property sales were 37 , down 63.0 % from 100 in
January of 2017 and 36.2 % lower than the 58 sales last month .
160
Number of Properties Sold
3 Mo Avg
Property
January 2018 Sales sales were at their lowest level compared to
180
140
January Property of 2017 sales and 2016 were . 37 January , down 63.0 YTD % sales from of 100 37 in are running
January of 2017 and 36.2 % lower than the 58 sales last month .
160
63.0 % behind last year ' s year-to-date sales of 100 .
120
January 2018 sales were at their lowest level compared to
140
100
January of 2017 and 2016 . January YTD sales of 37 are running
63.0 % behind last year ' s year-to-date sales of 100 .
120
80
100
60
80
40
60
20
40
0
20
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
0
15
16
17
18
Prices
The Median Sales Price in January was $ 288,000 , up 14.1 %
Prices from $ 252,500 in January of 2017 and up 2.9 % from $ 280,000
The last Median month Sales . The Price Average in January Sales Price was $ in 288,000 January , up was 14.1 $ % 311,074 ,
450 from up 2.8 $ 252,500 % from in $ 302,673 January in of 2017 January and of up 2017 2.9 % and from down $ 280,000 3.0 % from
F
M A M J
15
450
400
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
16
17
18
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 320,809 month . last The month Average . Sales January Price 2018 in January ASP was was at $ a 311,074 mid range ,
400 up compared 2.8 % from to $ January 302,673 of in 2017 January and of 2016 2017 . and down 3.0 % from
350
$ 320,809 last month . January 2018 ASP was at a mid range
350
300
compared to January of 2017 and 2016 .
300
250
101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153
101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 110 100 88 123 83 121 126 115 106 35 51 34 58 37
158 118 156 116 119 105 110 100 88 123 83 121 126 115 106 35 51
3 Mo Avg
34 58 37
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 414 , down of Properties 0.5 % from available 416 last for month sale as of and down January 10.4 % from was 414 462 , down in January 0.5 % from of last 416 year last . month January and 2018 down Inventory 700 10.4 was % at from its lowest 462 in level January compared of last year with . January 2018 of 2017 Inventory and 201600
. was at its lowest level compared with January of 2017 and 2016 .
500
400 A comparatively lower MSI is more beneficial for sellers while 300 a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2018 sellers MSI while of a 11.2200
higher months MSI was is better at its highest for buyers level . The compared January with 2018 January MSI of 11.2 of 2017 months was at its highest level compared with January of 2017
100 and 2016 . and 2016 .
0
200
150
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
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
17 A M J
J
A S O N D
J
18
15
16
17
18
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
4.0
100
2.0
0
0.0
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 J
15
16
17
18
15
16
17
18
2.0
0.0
587 590
587
592 590
594 592 590
594 561
590 553
561
555 553
558 555 547
558
524 547
540 560 524 606 540 616 560 606
606 612
616
611 606 561
612 514
611 464
561 496
514
467 464 462
496
465 467
473 462
460 465
469 473
457 460
455 469
467 457
445 455
454 438
467 416
445
414 454
438 416 414
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
96 | c o l d w e l l b a n k e r h o m e s . c o m
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 Asso 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 .