FL ARCHIVED November 2017 | Page 96

Market Action Report November 2017
Community Information | School District
Market Action Report November 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
4 %
8 %
Average List Price of all Current Listings
$ 518,788
0 %
9 %
November Median Sales Price
$ 282,000
-23% -19%
-3%
-6%
$ 319,024
6 %
6 %
November Average Sales Price
$ 313,807
-10% -13%
-6%
-4%
$ 338,889
3 %
4 %
Total Properties Currently for Sale ( Inventory )
426
-5%
-14%
November Number of Properties Sold
31 -37%
-70%
975
-29%
November Average Days on Market ( Solds )
79
34 %
27 %
22 %
3 %
70
-9%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 156
1 %
-3%
-8%
-5%
$ 167
2 %
2 %
November Sold Price per Square Foot
$ 144
-1%
-7%
-4%
-2%
$ 153
3 %
4 %
November Month ' s Supply of Inventory
13.7
50 %
15 % 190 % 196 %
6.4
37 %
39 %
November Sale Price vs List Price Ratio
92.1 % -1.6% -2.5% -4.7% -3.7%
95.3 %
-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
November Property sales were 31 , down 70.5 % from 105 in
November of 2016 and 36.7 % lower than the 49 sales last month .
160
Number of Properties Sold
3 Mo Avg
Property
November Sales 2017 sales were at their lowest level compared to
180
140
November Property of 2016 sales and were 2015 . 31 November , down 70.5 YTD % from sales 105 of in 975 are November of 2016 and 36.7 % lower than the 49 sales last month
160 running 28.7 % behind last year ' s year-to-date sales of 1,367 .
120
November 2017 sales were at their lowest level compared to
140
100
November of 2016 and 2015 . November YTD sales of 975 are running 28.7 % behind last year ' s year-to-date sales of 1,367 .
120
80
100
60
80
40
60
20
40
0
20
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
Prices
The Median Sales Price in November was $ 282,000 , down 3.4 %
Prices from $ 292,000 in November of 2016 and down 22.7 % from
The
$ 365,000 Median last Sales month Price . in The November Average was Sales $ 282,000 Price in , down November 3.4 % was
450 from
$ 313,807 $ 292,000 , down in November 5.7 % from of $ 332,781 2016 and in down November 22.7 % of from 2016 and
D
J
F M A M J
14
15
450
400
J
A
SMedian O N D JSales F M APrice M J Jand
A SAverage O N D
J Sales
F M A Price M J
J
16
17
Median Sales Price and Average Sales Price
A S O N
3 Mo Avg
3 Mo Avg
$ down 365,000 10.2 last % month from $ . 349,630 The Average last month Sales Price . November in November 2017 was ASP
400
$ was 313,807 at the , down lowest 5.7 % level from compared $ 332,781 to in November of 2016 and 2015 .
350
down 10.2 % from $ 349,630 last month . November 2017 ASP
350
300
was at the lowest level compared to November of 2016 and 2015 .
300
250
104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132
104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 110 100 88 122 83 121 126 115 106 34 49 31
131 153 158 118 156 116 119 105 110 100 88 122 83 121 126 115 106
3 Mo Avg
34 49 31
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The November Total Inventory was 426 of , down Properties 4.9 % available from 448 for last sale month as of and down November 14.3 % from was 497 426 in , down November 4.9 % from of last 448 year last . November month and down 2017 700 14.3 Inventory % from 497 was in at November its lowest level of last compared year . November with November 2017 of 600 Inventory 2016 and was 2015 at . its lowest level compared with November 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 MSI for buyers is more . The beneficial November for sellers 2017 while MSI a of 13.7 200
higher months MSI was is better at its highest for buyers level . The compared November with 2017 November MSI of 13.7 of 100 months 2016 and was 2015 at its . highest level compared with November of 2016 and 2015 .
0
200
150 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 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 14 15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
700 600 500 400
531 564
300 200 100
588 531
591 564 588 591
594
594
597
593 597 593
561 556
561 556
558 560
558 560
551 524 542
551 563 524 609 542 619 563
609
609 614 611
564
516 463 497 466 461 464 471 459 466 451 453 461 439 448 426
16.0 14.0 12.0 10.0
8.0
6.0
4.0
2.0
F M A M J
J
0.0
A S O N
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
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
14
15
16
17
14
15
16
17
J
A S O N
619 609 614 611
564
516 463 497 466 461 464 471 459 466 451 453 461 439 448 426
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 Asso
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 .