FL ARCHIVED August 2017 | Page 96

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
-5%
14 %
Average List Price of all Current Listings
$ 538,267
-4%
18 %
August Median Sales Price
$ 347,500
-1%
3 %
12 %
16 %
$ 318,000
8 %
6 %
August Average Sales Price
$ 377,327
3 %
7 %
16 %
15 %
$ 337,603
5 %
3 %
Total Properties Currently for Sale ( Inventory )
431
-2%
-23%
August Number of Properties Sold
99 -12%
-37%
851
-17%
August Average Days on Market ( Solds )
53 -18% -10% -33% -31%
70
-11%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 185
2 %
1 %
9 %
9 %
$ 181
6 %
6 %
August Sold Price per Square Foot
$ 176
4 %
4 %
14 %
16 %
$ 161
7 %
6 %
August Month ' s Supply of Inventory
4.4
12 %
12 %
21 %
-6%
4.3
-10%
-7%
August Sale Price vs List Price Ratio
96.0 %
1.1 % -. 0 %
. 0 %
. 4 %
95.6 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
180
August Property sales were 99 , down 36.5 % from 156 in August of 2016 and 12.4 % lower than the 113 sales last month . August
160
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to August of 2016
180
140
August and 2015 Property . August sales YTD were sales 99 , down of 85136.5 are % running from 156 17.1 in % August behind of 2016 and 12.4 % lower than the 113 sales last month . August
160 last year ' s year-to-date sales of 1,027 .
120
2017 sales were at their lowest level compared to August of 2016
140
100
and 2015 . August YTD sales of 851 are running 17.1 % behind last year ' s year-to-date sales of 1,027 .
120
80
100
60
80
40
60
20
40
0
20
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 J
J
A
0
14
15
16
17
Prices
The Median Sales Price in August was $ 347,500 , up 12.3 % from
Prices
$ 309,450 in August of 2016 and down 0.7 % from $ 350,000 last
The month Median . The Sales Average Price Sales in August Price was in August $ 347,500 was , up $ 12.3 377,327 % from , up
450
$
16.4 309,450 % from in August $ 324,268 of 2016 in August and down of 2016 0.7 % and from up $ 2.9 350,000 % from last
S
O N D
J
F M A M
Median J
J A S OSales N D JPrice F M Aand M JAverage
J
A S O Sales N D
J Price
F M A M J
J
A
14
15
16
17
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
3 Mo Avg
month
$ 366,655 . The last Average month Sales . August Price in 2017 August ASP was $ at 377,327 the highest , up level
400
16.4 compared % from $ to 324,268 August in of August 2016 and of 2016 2015 and . up 2.9 % from
350
$ 366,655 last month . August 2017 ASP was at the highest level
350
300
compared to August of 2016 and 2015 .
300
250
88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137
88 108 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 99
81 98 132 131 153 158 118 156 116 119 105 109 100 88 122 83 120
3 Mo Avg
126 113 99
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of August The was Total 431 , Inventory down 1.6 % of from Properties 438 last available month for and sale down as of 23.2 August % from was 561431 in , August down 1.6 of % last from year 438 . August last month 2017 and Inventory down 23.2 was % from at its 700 561 lowest in August level compared of last year . with August August 2017 of Inventory 2016 and was 2015 at . its 600 lowest level compared with August of 2016 and 2015 . 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 August for 2017 sellers MSI while of 4.4 a 200
higher months MSI was is better at its highest for buyers level . The compared August 2017 with MSI August of 4.4 of 2016 months was at its highest level compared with August of 2016
100 and 2015 . and 2015 .
0
200
150
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 J
J
A
S
O
14 N 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
556
300 200 100
S 14
569
580 556
530 569
563 580
587 530
590 563
593 587
596 590 592 593
560 596
555 592
558
560 568
555 544
558 523
568
540 561
544
523 607
540 617
607 561
611 607
607 617
561 607
0 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
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 14 15
16 15
16 17
611 513
607 460
561 495
513
464 460
457
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M A M J J A F M A M J J A
17
495
459 464
462 457
448 459
454 437
462 438
448
431 454 437 438 431
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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 .