FL ARCHIVED June 2017 | Page 96

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 429,000
3 %
27 %
Average List Price of all Current Listings
$ 584,452
5 %
24 %
June Median Sales Price
$ 310,000
-9%
-3%
-6%
3 %
$ 310,000
6 %
3 %
June Average Sales Price
$ 336,149
-3%
1 %
-0%
3 %
$ 327,270
3 %
0 %
Total Properties Currently for Sale ( Inventory )
417
-6%
-31%
June Number of Properties Sold
115
-4%
-27%
627
-17%
June Average Days on Market ( Solds )
55 -13% -21% -40% -29%
74
-8%
-4%
Asking Price per Square Foot ( based on New Listings )
$ 186
1 %
3 %
8 %
9 %
$ 180
8 %
6 %
June Sold Price per Square Foot
$ 163
-3%
2 %
4 %
8 %
$ 157
6 %
3 %
June Month ' s Supply of Inventory
3.6
-2% -14% -5%
-21%
4.3
-12%
-6%
June Sale Price vs List Price Ratio
97.2 %
1.0 % 1.3 % 1.5 % 1.7 %
95.6 %
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
June Property sales were 115 , down 27.2 % from 158 in June of
2016 and 4.2 % lower than the 120 sales last month . June 2017
160
Number of Properties Sold
3 Mo Avg
Property sales were Sales at their lowest level compared to June of 2016 and
180
140
June
2015 Property . June YTD sales sales were of 115627 , down are 27.2 running % from 16.7 158 % behind June last of
2016 year and ' s year-to-date 4.2 % lower than sales the of 753 120 . sales last month . June 2017
160
120
sales were at their lowest level compared to June of 2016 and
140
100
2015 . June YTD sales of 627 are running 16.7 % behind last year ' s year-to-date sales of 753 .
120
80
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in June was $ 310,000 , down 5.7 % from
Prices
$ 328,905 in June of 2016 and down 9.0 % from $ 340,725 last
The month Median . The Sales Average Price Sales in June Price was in $ 310,000 June was , down $ 336,149 5.7 % , from down
450
$
0.2 328,905 % from in June $ 336,892 of 2016 in June and down of 2016 9.0 % and from down $ 340,725 3.1 % from last
J
A S O N D
J
F M
AMedian M J
J ASales S O NPrice D
J Fand M AAverage M J
J
A Sales S O N Price D
J
F M A M J
14
15
16
17
450
Median Sales Price and Average Sales Price
3 Mo Avg
400
3 Mo Avg
month
$ 346,778 . The last Average month Sales . June Price 2017 in June ASP was $ at 336,149 a mid , range down
0.2 compared % from $ to 336,892 June of in 2016 June and of 2016 2015 and . down 3.1 % from
400
350
$ 346,778 last month . June 2017 ASP was at a mid range
350
300
compared to June of 2016 and 2015 .
300
250
129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120
129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 109 100 88 122 82 120 115
94 137 81 98 132 131 153 158 118 156 116 119 105 109 100 88 122
3 Mo Avg
82 120 115
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of June The was Total 417 , Inventory down 6.1 % of from Properties 444 last available month for and sale down as of 31.2 June % from was 606417 in , June down of 6.1 last % from year 444 . June last 2017 month Inventory and down was 31.2 at % its from lowest 700 606 level in compared June of last with year June . of 2017 2016 Inventory and 2015 was . at its lowest 600 level compared with June of 2016 and 2015 . 500 400 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 June 2017 for sellers MSI while of 3.6 a 200
higher months MSI was is better at its lowest for buyers level . The compared June 2017 with MSI June of 3.6 of 2016 and months was at its lowest level compared with June of 2016 and
100
2015 . 2015 .
0
200
150
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
14 S O N D
J
F M
15 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
562
300 200 100
J 14
567
556 562
569 567
580 556
530 569
563 580
587 530
589 563 592
587 594
589 590
592 558
594 553
590 556
558 565
553
541 520
556
537 565
558 541
520 603
537 612
602 558
606 603
0 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
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
15 16
15 16
17
612 602
602 556
606 508
602 455
556 490
508
458 455
447
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 F M A M J
F M A M J 17
490
448 458
452 431
447 444
448
417 452 431 444 417
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
96 | c o l d w e l l b a n k e r h o m e s . c o m
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 .