FL ARCHIVED September 2017 | Page 13

Market Action Report September 2017
Phone Community Information | School District

City : Plant City

Price Range : All | Properties : SFH - Con

Plant Agent City Name

Market Action Report September 2017

Phone Community Information | School District

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
$ 247,000
3 %
10 %
Average List Price of all Current Listings
$ 341,641
2 %
27 %
September Median Sales Price
$ 199,990
11 %
4 %
17 %
18 %
$ 191,950
16 %
13 %
September Average Sales Price
$ 202,930
6 %
0 %
16 %
12 %
$ 201,899
14 %
11 %
Total Properties Currently for Sale ( Inventory )
172
-6%
-5%
September Number of Properties Sold
72
4 %
16 %
662
9 %
September Average Days on Market ( Solds )
49
4 %
7 %
36 %
-14%
46
-18%
-19%
Asking Price per Square Foot ( based on New Listings )
$ 127
3 %
5 %
22 %
20 %
$ 118
11 %
11 %
September Sold Price per Square Foot
$ 110
1 %
0 %
15 %
13 %
$ 107
11 %
9 %
September Month ' s Supply of Inventory
2.4 -10%
1 %
-19% -15%
2.4
-17%
-14%
September Sale Price vs List Price Ratio
95.2 % -2.3% -1.7% -. 6 % -1.0%
96.2 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Number of Properties Sold
3 Mo Avg
Property Sales
100
September Property sales were 72 , up 16.1 % from 62 in
September of 2016 and 4.3 % higher than the 69 sales last
Property month . September Sales 2017 sales were at a mid level compared to
100
90
80
Number of Properties Sold
3 Mo Avg
September Property of 2016 sales and were 201572 . September , up 16.1 % from YTD 62 sales in of 662 are
90
September running 8.9 of % 2016 ahead and of 4.3 last % higher year ' s than year-to-date the 69 sales sales last of 608 . month . September 2017 sales were at a mid level compared to
80
70
60
September of 2016 and 2015 . September YTD sales of 662 are
70
50
running 8.9 % ahead of last year ' s year-to-date sales of 608 .
60
40
50
30
40
20
30
10
20
0
10
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 J
J
A S
0
14
15
16
17
Prices
The Median Sales Price in September was $ 199,990 , up 16.6 %
O
N D
J
F M A M J
14
15
JMedian
A S O NSales D
J FPrice M A Mand J
J Average
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Prices from $ 171,500 in September of 2016 and up 11.1 % from
The
$ 180,000 Median last Sales month Price . in The September Average was Sales $ 199,990 Price in , up September 16.6 % from was $ 171,500 202,930 in , up September 15.8 % from of 2016 $ 175,260 and up in 11.1 September % from of
2016240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ and 180,000 up 6.4 last % month from $ . 190,771 The Average last month Sales Price . September in September 2017 ASP was $ 202,930 , up 15.8 % from $ 175,260 in of 2016
220 was at the highest level compared to September of 2016 and and
2015 up . 6.4 % from $ 190,771 last month . September 2017 ASP
200
200
180
was at the highest level compared to September of 2016 and
2015 .
180
160
160
140
140
61 50 62 42 57 85 80 69 86 73 64 73 83 47 86 54 47 75 89 74 60 74 73 62 82 66 64 59 58 75 69 86 86 88 69 72
120
120 100
100 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 J J A S
O N 14 D J F 15 M 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 A 17
M J J A S
14 15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The September Total Inventory was 172 of , down Properties 6.0 % available from 183 for last sale month as of and down
350 7.0
September 5.5 % from was 182172 in , September down 6.0 % of from last 183 year last . September month and 2017 down
350 300
7.0 6.0
5.5 Inventory % from 182 was in at September its lowest of level last compared year . September with September 2017 of 300 250
6.0 5.0
Inventory 2016 and was 2015 at . its lowest level compared with September of 250 5.0
2016 and 2015 . 200
4.0
200 4.0
150 3.0
A comparatively lower MSI is more beneficial for sellers while 150 a 3.0
100 2.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial September for sellers 2017 while MSI a of 2.4 100
2.0 higher months
MSI was is better at its lowest for buyers level
. The compared
September with 2017 September
MSI of 2.4 50 1.0 of 2016 50
1.0 months was at its lowest level compared with September of 2016 and 2015 .
0 0.0 and 2015 . 0
0.0 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 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 14 15
16 17
14 15 16
17
279 283
61 279
289 50 62
Title
Website Other
42 57 85 80 69 86 73 64
271 283
265 289
249 271
270 265 243
249 256
270 268 243
248 256
236 268
239 248
233 236
73 191
239 83 192
233
47 86 54 47 75 89 74 60 74 73
188
176 191
171 192
186 188
187 176
200 171
208 186
182 187
184 200
191 208 168 182
171 184
175 191
172 168
170 171
165
175 170
172
180
183 170
172 165 170
62 82 66 64 59 58 75 69 86 86 180
88
183 69
172
72
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 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 .
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