FL ARCHIVED April 2017 | Page 13

Market Action Report April 2017
Phone Community Information | School District

City : Plant City

Price Range : All | Properties : SFH - Con

Plant Agent City Name

Market Action Report April 2017

Phone Community Information | School District

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
$ 249,900
11 %
24 %
Average List Price of all Current Listings
$ 321,491
14 %
39 %
April Median Sales Price
$ 194,000
5 %
2 %
27 %
14 %
$ 190,000
27 %
12 %
April Average Sales Price
$ 205,852
7 %
4 %
15 %
13 %
$ 197,204
20 %
9 %
Total Properties Currently for Sale ( Inventory )
148 -11%
-13%
April Number of Properties Sold
69
-8%
-22%
261
-2%
April Average Days on Market ( Solds )
49
53 %
11 % -23% -14%
44
-36%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 122
9 %
4 %
14 %
15 %
$ 117
14 %
10 %
April Sold Price per Square Foot
$ 110
8 %
6 %
16 %
13 %
$ 104
13 %
6 %
April Month ' s Supply of Inventory
2.1
-3% -12% 12 %
-24%
2.6
-14%
-9%
April Sale Price vs List Price Ratio
95.8 %
. 8 %
. 5 %
. 9 %
-. 4 %
95.4 %
0 %
-1%
* 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
April Property sales were 69 , down 22.5 % from 89 in April of
2016 and 8.0 % lower than the 75 sales last month . April 2017
90
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to April of 2016 and
100
80
April
2015 Property . April YTD sales sales were of 69261 , down are 22.5 running % from 1.589 % behind April last of year '
90 s
2016 year-to-date and 8.0 % sales lower of than 265 the . 75 sales last month . April 2017 sales were at their lowest level compared to April of 2016 and
80
70
60
2015 . April YTD sales of 261 are running 1.5 % behind last year ' s
70
50
year-to-date sales of 265 .
60
40
50
30
40
20
30
10
20
0
10
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 194,000 , up 26.8 % from
M
14
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
Median Sales Price and Average Sales Price
15
16
17
3 Mo Avg
Prices
$ 153,000 in April of 2016 and up 4.9 % from $ 185,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 194,000 April was , up $ 26.8 205,852 % from , up
$
15.0 153,000 % from in April $ 178,942 of 2016 in and April up of 4.9 2016 % from and $ up 185,000 7.5 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 191,558 . The last Average month Sales . April Price 2017 in April ASP was $ at 205,852 the highest , up level
15.0 % from $ 178,942 in April of 2016 and up 7.5 % from
220 compared to April of 2016 and 2015 .
$ 191,558 last month . April 2017 ASP was at the highest level
200
200
180
compared to April of 2016 and 2015 .
180
160
160
140
64 69 65 74 54 61 50 62 42 57 85 80 69 86 73 64 73 83 47 86 54 47 75 89 74 60 74 73 62 82 66 63 59 58 75 69
140 120
120
100
100
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
M
J
14
J
A S O N D
J
F M15A M J
J
A S O N D
J
F M
16 A M J
J
A S O N D
J
F M
A17
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 April
The was Total 148 , Inventory down 10.8 of % Properties from 166 available last month for and sale down as of April 13.5 % from was 171148 in April , down of 10.8 last % year from . April 166 last 2017 month Inventory and down was 13.5 at its % from lowest
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
171 level in April compared of last with year . April of 2017 2016 Inventory and 2015 was . at its lowest level compared with April of 2016 and 2015 .
300
250
250
200
6.0
5.0
5.0
4.0
200
150
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively
MSI is better lower MSI for buyers is more
. The beneficial
April for 2017 sellers
MSI while of 2.1 a
100 higher MSI is better for buyers . The April 2017 MSI of 2.1 months was at a mid level compared with April of 2016 and months was at a mid level compared with April of 2016 and
50
2015 .
2015 .
0
3.0
100
2.0
50
1.0
0
0.0
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
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
14
14
15
15
16
16
17
17
2.0
1.0
0.0
281 282
64 281
290 69 65
Title
Website Other
74 54 61 50 62 42 57 85 80 69 86 73 64
288 282
289 290
279 288
283 289 289 279
271 283
265 289
249
271 270
265 243
249 256
270 268
248
243
236 256
239 268
233 248 236 190
73 239 192
83 233
188 47 86 54 47 75 89 74 60 74 73 62 82 66
176 190
171 192
186 188
187 176 171
199 207 186
181 187
183 199
190 207
167
181 170 172
183
166 190
148 167 170 63 59 172
58
166 75
148 69
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