FL ARCHIVED December 2017 | Page 13

Market Action Report December 2017
Phone Community Information | School District

City : Plant City

Price Range : All | Properties : SFH - Con

Plant Agent City Name

Market Action Report December 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
$ 265,000
1 %
24 %
Average List Price of all Current Listings
$ 325,354
-2%
29 %
December Median Sales Price
$ 190,000
-6%
-5%
-5%
12 %
$ 194,000
14 %
14 %
December Average Sales Price
$ 202,208
-5%
-3%
3 %
11 %
$ 203,592
13 %
12 %
Total Properties Currently for Sale ( Inventory )
138 -15%
-18%
December Number of Properties Sold
59
-9%
-8%
847
3 %
December Average Days on Market ( Solds )
37 -18% -10% -37% -35%
44
-23%
-23%
Asking Price per Square Foot ( based on New Listings )
$ 116
-6%
-6%
16 %
9 %
$ 118
11 %
11 %
December Sold Price per Square Foot
$ 108
-7%
-3%
1 %
11 %
$ 109
11 %
11 %
December Month ' s Supply of Inventory
2.3
-6%
-7%
-11% -17%
2.5
-13%
-13%
December Sale Price vs List Price Ratio
95.4 %
-. 4 %
-. 1 % -2.5%
-. 8 %
96.0 %
-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
December Property sales were 59 , down 7.8 % from 64 in
December of 2016 and 9.2 % lower than the 65 sales last month .
Property
December Sales 2017 sales were at their lowest level compared to
100
90
80
Number of Properties Sold
3 Mo Avg
December Property of 2016 sales and were 201559 . December , down 7.8 % YTD from sales 64 in of 847 are
December running 3.3 of 2016 % ahead and 9.2 of last % lower year ' than s year-to-date the 65 sales sales last of month 820 .
December 2017 sales were at their lowest level compared to
90
80
70
60
December of 2016 and 2015 . December YTD sales of 847 are
70
50
running 3.3 % ahead of last year ' s year-to-date sales of 820 .
60
40
50
30
40
20
30
10
20
0
10
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
0
15
16
17
Prices
The Median Sales Price in December was $ 190,000 , down 4.5 %
J
F M A M J
15
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F MSales A M Price J
J
A S O N D
16
17
3 Mo Avg
Prices from $ 199,000 in December of 2016 and down 6.4 % from
The
$ 203,000 Median last Sales month Price . in The December Average was Sales $ 190,000 Price in , down December 4.5 % was from
$ 202,208 $ 199,000 , up in 3.4 December % from $ of 195,650 2016 and in December down 6.4 % of from 2016 and
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
$ down 203,000 5.4 last % from month $ 213,837 . The Average last month Sales . Price December in December 2017 ASP was was $ 202,208 , up 3.4 % from $ 195,650 in of
220 at the highest level compared to December of 2016 and 2015 . down 5.4 % from $ 213,837 last month . December 2017 ASP was
200
200
180
at the highest level compared to December of 2016 and 2015 .
180
160
160
140
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 59
140 120
120
100
100
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
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 D
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
The
December Total Inventory was 138 of , down Properties 14.8 % available from 162 for last sale month as of and down
December
18.3 % from was 169 138 in , down December 14.8 % of from last 162 year last . December month and 2017 down
300
300
250
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
18.3
Inventory % from 169 was in at December its lowest of level last compared year . December with December 2017 of
250
Inventory
2016 and was 2015 at . its lowest level compared with December of
2016 and 2015 .
200
150
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
100 higher MSI is better for buyers . The December 2017 MSI of 2.3 higher months MSI was is better at a mid for level buyers compared . The December with December
2017 MSI of of 2016 2.3
50 months was at a mid level compared with December of 2016 and 2015 . and 2015 .
0
6.0
200
5.0
150
4.0
100
3.0
2.0
50
1.0
0
0.0
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 D
15
16
17
15
16
17
5.0
4.0
3.0
2.0
1.0
0.0
271 265
42 271 249
57 265 270
85 249 243
Title
Website Other
80 270 256
69
268 243 248
86 256
236 73 268
239 64 248 233
73
236 191
83
239 193
47
233
86 54 47 75 89 74 60 74 73 62
189
191 177 171
193
186 189
187 177
171 201
209 186
183 187
185 201
192 209
169 183
172 185
176 192 173
169 171
172 166
176
171
173 183 171 189 166 181 171
168
162 183 189
82 66 64 59 58 75 69 86 86 88 138
69 181
72 168
61
162 65
138
59
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 Assoc 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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