FL ARCHIVED September 2017 | Page 96

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 399,000
0 %
14 %
Average List Price of all Current Listings
$ 538,023
1 %
18 %
September Median Sales Price
$ 372,000
6 %
9 %
26 %
24 %
$ 319,012
8 %
6 %
September Average Sales Price
$ 414,085
10 %
15 %
38 %
27 %
$ 340,214
7 %
4 %
Total Properties Currently for Sale ( Inventory )
417
-7%
-19%
September Number of Properties Sold
31 -70%
-73%
886
-22%
September Average Days on Market ( Solds )
77
45 %
31 %
0 %
0 %
70
-11%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 174
-6%
-5%
5 %
2 %
$ 180
7 %
5 %
September Sold Price per Square Foot
$ 186
6 %
9 %
21 %
22 %
$ 162
8 %
7 %
September Month ' s Supply of Inventory
13.5
211 % 86 % 203 % 190 %
5.3
13 %
15 %
September Sale Price vs List Price Ratio
93.8 % -2.3% -2.1% -2.6% -1.9%
95.5 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
180
September Property sales were 31 , down 73.3 % from 116 in
September of 2016 and 69.9 % lower than the 103 sales last
160
Property month . September Sales 2017 sales were at their lowest level
180
140
September compared Property to September sales were of 2016 31 , down and 2015 73.3 %. September from 116 in YTD
September of 2016 and 69.9 % lower than the 103 sales last
160 sales of 886 are running 22.5 % behind last year ' s year-to-date
120
month sales . of September 1,143 . 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD sales of 886 are running 22.5 % behind last year ' s year-to-date
140
120
100
80
sales of 1,143 .
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
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 $ 372,000 , up 25.7 %
Prices from $ 296,000 in September of 2016 and up 6.0 % from
The
$ 351,000 Median last Sales month Price . in The September Average was Sales $ 372,000 Price in , up September 25.7 %
450 from was $ 296,000 414,085 , in up September 37.7 % from of 2016 $ 300,656 and up in 6.0 September % from of 2016
O
N D
J
F M A M J
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
J
A S
14
15
16
17
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
3 Mo Avg
$ and 351,000 up 10.4 last % month from . $ The 375,222 Average last Sales month Price . September in 2017 ASP
400 was was $ 414,085 at the highest , up 37.7 level % from compared $ 300,656 to September in of of 2016 2016 and
350
and
2015 up . 10.4 % from $ 375,222 last month . September 2017 ASP
350
300
was at the highest level compared to September of 2016 and
2015 .
300
250
108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81
3 Mo Avg
108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 109 100 88 122 83 120 126 113 103 31
98 132 131 153 158 118 156 116 119 105 109 100 88 122 83 120 126
3 Mo Avg
113 103 31
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The September Total Inventory was 417 of , down Properties 6.5 % available from 446 for last sale month as of and down September 19.0 % from was 515 417 in , down September 6.5 % from of last 446 year last . month September and down 2017 700 19.0 Inventory % from 515 was in at September its lowest level of last compared year . September with September 2017 of 600 Inventory 2016 and was 2015 at . its lowest level compared with September 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 September for sellers 2017 while MSI a of 200
higher 13.5 months MSI is better was at for its buyers highest . The level September compared 2017 with MSI September of
100 of
13.5 2016 months and 2015 was . at its highest level compared with September of 2016 and 2015 .
0
200
150
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
14
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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
569 580
300 200 100
O 14
530
569
563
580
587
530
563 587
590
593 590 593
596 592
596 592
560 555
560 555
558 568 544 558 568
523 540
544 561 523 607
617
607 561
540
612 609
563
515 462 496 465 459 461 465 451 458
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
F M A M J J A S
442 443 446 417
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
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 14 15
16 17
15 16
17
607 617 607 612 609
563
515 462 496 465 459 461 465 451 458 442 443 446 417
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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 .