FL ARCHIVED November 2017 | Page 13

Market Action Report November 2017
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City : Plant City

Price Range : All | Properties : SFH - Con

Plant Agent City Name

Market Action Report November 2017

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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
$ 265,000
2 %
18 %
Average List Price of all Current Listings
$ 340,267
1 %
24 %
November Median Sales Price
$ 203,000
-1%
3 %
10 %
19 %
$ 194,720
16 %
15 %
November Average Sales Price
$ 213,837
1 %
5 %
13 %
18 %
$ 203,689
13 %
12 %
Total Properties Currently for Sale ( Inventory )
157
-5%
-18%
November Number of Properties Sold
65
7 %
-2%
788
4 %
November Average Days on Market ( Solds )
45
50 %
5 %
-4%
-21%
44
-23%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 125
0 %
2 %
13 %
18 %
$ 118
11 %
11 %
November Sold Price per Square Foot
$ 117
3 %
4 %
15 %
19 %
$ 109
11 %
11 %
November Month ' s Supply of Inventory
2.4 -11%
-5%
-17% -14%
2.5
-13%
-13%
November Sale Price vs List Price Ratio
95.8 %
. 1 %
-. 2 %
-. 6 %
-. 4 %
96.1 %
-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
November Property sales were 65 , down 1.5 % from 66 in 90
Number of Properties Sold
3 Mo Avg
November of 2016 and 6.6 % higher than the 61 sales last month . Property November Sales 2017 sales were at a mid level compared to November 80
100 November of 2016 and Property 2015 . sales November were 65 YTD , down sales 1.5 % of from 788 are 66 running 4.2 % 90 70
November ahead of last of 2016 year and ' s year-to-date 6.6 % higher sales than of the 756 61 . sales last month . November 2017 sales were at a mid level compared to November 80 60 of 2016 and 2015 . November YTD sales of 788 are running 4.2 % 70 50 ahead of last year ' s year-to-date sales of 756 .
60 40
50 30
40 20
30 10
20 0
10 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
0 14 15 16
17 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
Prices Median Sales Price and Average Sales Price
14 15 16
17
3 Mo Avg The Median Sales Price in November was $ 203,000 , up 10.2 %
Prices from $ 184,250 in November of 2016 and down 1.0 % from 240 Median Sales Price and Average Sales Price
3 Mo Avg
The $ 205,000 Median last Sales month Price . in The November Average was Sales $ 203,000 Price in , up November 10.2 % was from $ 213,837 $ 184,250 , up in 13.0 November % from $ of 189,280 2016 and in November down 1.0 % from of 2016 and up
220
240 $ 0.7 205,000 % from last $ 212,304 month . The last Average month . Sales November Price in 2017 November ASP was was at the 200
$ 213,837 , up 13.0 % from $ 189,280 in November of 2016 and up
220 highest level compared to November of 2016 and 2015 . 0.7 % from $ 212,304 last month . November 2017 ASP was at the 200 180
highest level compared to November of 2016 and 2015 .
180 160
160 140
140 120
120 100
100 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 14 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 O N
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 November Total Inventory was 157 of , down Properties 5.4 % available from 166 for last sale month as of and down
350 7.0
November 17.8 % from was 191 157 in , down November 5.4 % from of last 166 year last . month November and down 2017 350 300
7.0 6.0
17.8 Inventory % from 191 was in at November its lowest of level last compared year . November with November 2017 of 300 250
6.0 5.0
Inventory 2016 and was 2015 at . its lowest level compared with November 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 November 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
November with 2017 November
MSI of 2.4 50 1.0 of 201650
1.0 months was at its lowest level compared with November of 2016 and 2015 .
0 0.0 and 2015 . 0
0.0 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 O N 14 15
16 17
14 15 16
17
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 61 65
289 271
62 289
265 42 57
Title
Website Other
85 80 69 86 73 64 73
249 271
270 265
243 249
256 270 268
243 248 256
236 268
239 248
233 236
191 83
239 193
47
233
86 54 47 75 89 74 60 74 73 62
189 177
191
171 193
186 189
187 177
171 200
208 186
182 187
184 200
191 208
168 182
171 184 175 191
172 168
170 171
165
175 170
172 181 170 187 165
179
166 170
157 181 187
82 66 64 59 58 75 69 86 86 88 69 179
72
166 61
157
65
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 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 .
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