FL ARCHIVED May 2018 | Page 190

Market Action Report May 2018

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
$ 1,572,000
-1%
-1%
Average List Price of all Current Listings
$ 1,690,938
-2%
-1%
May Median Sales Price
$ 3,687,500
123 % 117 % 159 % 207 %
$ 1,700,000
26 %
42 %
May Average Sales Price
$ 3,687,500
123 % 51 % 166 % 162 %
$ 2,435,000
66 %
73 %
Total Properties Currently for Sale ( Inventory )
52
-2%
-7%
May Number of Properties Sold
2
0 %
-50%
5
-55%
May Average Days on Market ( Solds )
59 -61% -63% -22% -41%
158
86 %
58 %
Asking Price per Square Foot ( based on New Listings )
$ 235
-14% -9% -18% -32%
$ 432
49 %
26 %
May Sold Price per Square Foot
$ 2,723
1174 % 122 % 888 % 951 %
$ 1,227
348 %
374 %
May Month ' s Supply of Inventory
26.0
-2% -26% 86 %
-8%
35.2
6 %
24 %
May Sale Price vs List Price Ratio
98.1 %
15.1 % 7.1 % 8.8 % 6.5 %
91.6 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales May Property sales were 2 , down 50.0 % from 4 in May of 2017 and the same as the 2 sales last month . May 2018 sales were at their lowest level compared to May of 2017 and 2016 . May YTD Property sales of 5 are Sales running 54.5 % behind last year ' s year-to-date sales May of 11 Property . sales were 2 , down 50.0 % from 4 in May of 2017 and the same as the 2 sales last month . May 2018 sales were at their lowest level compared to May of 2017 and 2016 . May YTD sales of 5 are running 54.5 % behind last year ' s year-to-date sales of 11 .
Prices
0
The Median Sales Price in May was $ 3,687,500 , up 158.8 % from
$ 1,425,000 in May of 2017 and up 123.5 % from $ 1,650,000 last month . The Average Sales Price in May was $ 3,687,500 , up
J
3,500
15
Prices
165.8 % from $ 1,387,500 in May of 2017 and up 123.5 % from
The
$ 1,650,000 Median Sales last month Price . in May 2018 was $ ASP 3,687,500 was at , the up highest 158.8 % level from
3,000
$ compared 1,425,000 to in May of of 2017 and and 2016 up 123.5 . % from $ 1,650,000 last month . The Average Sales Price in May was $ 3,687,500 , up
3,500
2,500
165.8 % from $ 1,387,500 in May of 2017 and up 123.5 % from
$ 1,650,000 last month . May 2018 ASP was at the highest level
3,000
2,000
compared to May of 2017 and 2016 .
2,500
1,500
6 8 5 7 4 6 3 5 2 4 1 3 0 2
1
Agent Name 8
7
3 6 1
Title Phone Website Other
3 6 5 3 4 0 2 1 3
Number of Properties Sold
Number of Properties Sold
2 4 5 1 7
Median Sales Price and Average Sales Price
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
16
17
18
3 1
Median Sales Price and Average Sales Price
2 1 3 1 4 3 4 5 2 0 1 1 0 0
3 Mo Avg
3 Mo Avg
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 M
15
16
17
18
1 2 2
3 Mo Avg F M A M
3 Mo Avg
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 0 0 1 2 2
2,000 1,000
1,500
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 M
15
16
17
18
Inventory & MSI 1,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of May
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 M was 52 , down 1.9 % from 53 last month and down 7.1 % from 56 70 15
16 17
18 60.0 in May of last year . May 2018 Inventory was at its lowest level 60 50.0
Inventory compared with & MSI May of 2017 and 2016 . 50
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of May 40.0 was 52 , down 1.9 % from 53 last month and down 7.1 % from 56 70 40
60.0 30.0 in May of last year . May 2018 Inventory was at its lowest level 60 30 50.0 compared A comparatively with May lower of 2017 MSI and is more 2016 beneficial . for sellers while a 20.0
50 20 higher MSI is better for buyers . The May 2018 MSI of 26.0
40.0 months was at its highest level compared with May of 2017 and 40 10
10.0 30.0
2016 . 300
0.0
A comparatively lower MSI is more beneficial for sellers while a 20.0
20 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 M higher MSI is better for buyers . The May 2018 MSI of 26.0 15
16 17
18 10.0 months was at its highest level compared with May of 2017 and 10
2016 . 0
0.0
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 M Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : $ 1,000,000 and Up | Property Types : SFH - Con
15 16
17
18 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 REAL
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 .
96 | coldwellbankerluxury . com
48 48
45 45
43 43
41 41
34 34
35 35
33 33
39 39
41 41
50 50
56 56
52 52
62 62
55 55
47 47
41 41
36 36
42 42
39 39
47 47
55 55
56 56
55
55 56 56
56 56
53 53
45
45 42 41 41 42
42 41 41 42 48 47
48
47 53 53 52
53 53 52