FL ARCHIVED February 2018 | Page 192

Community Information | School District
Market Action Report February 2018

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

Market Time
120 The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward
100 trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a
80
Seller ' s market . The DOM for February was 103 , up 68.9 % from 61 days last month and up 47.1 % from 70 days in February of last year . The February 2018 DOM was at a mid level compared with 60 February of 2017 and 2016 .
40
Agent Name

Plantation

Title
Phone Website Other

Community Information | School District

20
Days On Market for Sold Properties
68 70
3 Mo Avg
103
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 February 2018 Selling Price per Square Foot of $ 132 was down 4.2 % from $ 138 last month and down 12.0 % from 151 in February 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 February 2018 Selling Price vs Original List Price of 93.5 % was up from 92.0 % last month and down from 95.0 % in February of last year .
0
200 190 180 170 160 150 140 130 120 110 100
98 % 97 % 96 % 95 % 94 % 93 % 92 % 91 % 90 % 89 %
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 February 2018 was 84 , down 1.2 % from 85 last month and
500
down 44.0 % from 150 in February of last year .
400
300
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
16
17
18
Selling Price per Square Foot
3 Mo Avg
137
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
16
17
18
Selling Price versus Listing Price Ratio
95.6 %
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
16
17
18
Inventory / New Listings / Sales
590 592 594 590 561 553 555
Avg Selling Price divided by Avg Listing Price for sold properties during the month
558 547 524 540 560 606 616 606 612 611
561 514
464 496 467 462
151
95.0 %
465 473 461 470 458 456 469 447 456
3 Mo Avg
440 419 422
132
93.5 %
425
200 100
0
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
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