FL ARCHIVED March 2018 | Page 192

Community Information | School District
Market Action Report March 2018

City : Plantation Price Range : All | Properties : SFH - Con

Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for March was 59 , down 37.2 % from 94 days last month and down 26.3 % from 80 days in March of last year . The March 2018 DOM was at its lowest level compared with March of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The March 2018 Selling Price per Square Foot of $ 149 was up 13.6 % from $ 132 last month and down 2.1 % from 152 in March of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The March 2018 Selling Price vs Original List Price of 94.8 % was up from 93.2 % last month and equal to 94.8 % in March of last year .
Agent Name

Plantation

Title
Phone Website Other

Community Information | School District

Days On Market for Sold Properties
100
90
80
78
80
70
59
60
50
40
30
20
10
0
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
16
17
18
Selling Price per Square Foot
3 Mo Avg
200 190 180 170 160 150 140 130 120 110 100
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 %
300 200 100
144
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
16
17
18
592 594 590 561 553 555 558 547 524
152
Selling Price versus Listing Price Ratio
Avg Selling Price divided by Avg Listing Price for sold properties during the month
540 560
95.5 %
607 617 607 613 612
562 515
465 497 468 463 466
149
94.8 % 94.8 %
89 %
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
16
17
18
Inventory / New Listings / Sales
Inventory / New Listings / Sales
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales . The graph
700
shows the basic annual seasonality of the market as well as the
600
relationship between these items . The number of New Listings
in March 2018 was 88 , up 3.5 % from 85 last month and down
500
49.7 % from 175 in March of last year .
400
474 462 471 459 458 473 451 460 445
3 Mo Avg
3 Mo Avg
424 427 432 421
0
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
16
17
18
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 Association of REALTORS 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 .
c o l d w e l l b a n k e r h o m e s . c o m | 97 ciation of REALTORS , Flagler County Association of REALTORS , Bonita Springs-Estero Association of REALTORS , Royal Palm Coast REALTOR Association , Navarre Area Board of REALTORS , Emerald Coast Association of REALTORS , Pensacola Association of REALTORS and may