FL ARCHIVED March 2018 | Page 24

Market Action Report March 2018 Title Market Action Report March 2018 Phone Community Information | School District Agent Website Name

City : Plant City

Plant Agent City Name

Market Action Report March 2018 Title Market Action Report March 2018 Phone Community Information | School District Agent Website Name

City : Plant City

Price Range : All | Properties : SFH - Con
TitleOther
Phone
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Website
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
Price Range : All | Properties : SFH - Con
Average List Price of all Current Listings
$
Other 277,450
10 %
25 %
$ 341,052
Trending
6 % versus
22 *: %
Trending versus *:
March Median Sales Price
$ 196,500
1 %
1 %
6 %
1 %
$ 196,500
5 %
1 %
March Average Sales Price
$ 277,450
$ 203,609
-1%
-2%
6 %
0 %
$ 208,661
8 %
2 %
Total Properties Currently for Sale ( Inventory )
$ 341,052
156
-4%
-10%
March Number of Properties Sold
$ 196,500
69 30 % -8%
$ 196,500
181 -6%
March Average Days on Market ( Solds )
$ 203,609
64
56 %
28 % 100 % 42
$ % 208,661
54
26 %
156
Asking Price per Square Foot ( based on New Listings )
$ 126
3 %
5 %
13 %
7 %
$ 121
5 %
69
181
March Sold Price per Square Foot
$ 116
1 %
2 %
13 %
6 %
$ 114
12 %
64
54
March Month ' s Supply of Inventory 2.3 -26% -16% -3% -10% 2.7 -3%
$ 126
$ 121
March Sale Price vs List Price Ratio
95.6 %
2.2 %
. 5 %
. 6 % -. 4 % 94.9 % -0%
$ 116
$ 114
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
2.3
2.7
95.6 %
Number of
94.9 Properties % Sold
20 %
3 %
5 %
6 % -1%
3 Mo Avg
* LM
Property = Last Month / L3M Sales = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
100
March Property sales were 69 , down 8.0 % from 75 in March of
2017 and 30.2 % higher than the 53 sales last month . March
90
Number of Properties Sold
3 Mo Avg
Property
2018 sales Sales were at their lowest level compared to March of 2017
100
80
March and 2016 Property . March sales YTD were sales 69 , down of 1818.0 are % running from 75 in 5.7 March % behind of last
90
2017 year and ' s year-to-date 30.2 % higher sales than of the 19253 . sales last month . March
2018 sales were at their lowest level compared to March of 2017
80
70
60
and 2016 . March YTD sales of 181 are running 5.7 % behind last
70
50
year ' s year-to-date sales of 192 .
60
40
50
30
40
20
30
10
20
0
10
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
0
15
16
17
18
Prices
The Median Sales Price in March was $ 196,500 , up 6.2 % from
A
M J
15
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
Median Sales Price and Average Sales Price
16
17
18
3 Mo Avg
Prices
$ 185,000 in March of 2017 and up 0.8 % from $ 195,000 last
The month Median . The Sales Average Price Sales in March Price was in $ March 196,500 was , up $ 6.2 203,609 % from , up
$
6.3 185,000 % from in March $ 191,558 of 2017 in March and up of 0.8 2017 % and from down $ 195,000 0.6 % last from
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 204,797 . The last Average month Sales . March Price 2018 in March ASP was was $ at 203,609 the highest , up level
6.3 % from $ 191,558 in March of 2017 and down 0.6 % from
220 compared to March of 2017 and 2016 .
$ 204,797 last month . March 2018 ASP was at the highest level
200
200
180
compared to March of 2017 and 2016 .
180
160
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 156 , Inventory down 3.7 % of from Properties 162 last available month for and sale down as of 10.3 March % from was 174156 in , March down 3.7 of % last from year 162 . March last month 2018 and Inventory down 10.3 was % at from its 300 174 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at its . 250 lowest level compared with March of 2017 and 2016 . 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 March 2018 MSI of 2.3 higher MSI is better for buyers . The March 2018 MSI of 2.3 months was at its lowest level compared with March of 2017 and 50 months was at its lowest level compared with March of 2017 and 2016 . 2016 .
0
160 140 120 100
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 59 53 69
140 120 100
A 15
270
M
15 J
J
A S O N D
J
16
243 80 256
69
268 243 86 248
73
F M16A M J
J
A S O N D
J
F M
17 A M J
J
A S O N D
J
17
18
Total Inventory & Month ' s Supply of Inventory ( MSI )
Total Inventory & Month ' s Supply of Inventory ( MSI )
300 6.0
250 5.0
200 4.0
150 3.0
100 2.0
50 1.0
0
0.0
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 M J J A S O N D J F M 15
15 16
16 17
17 18
18
236 64
239 233
73 191
83
193 47 86 54 47 75 89 74 60 74 73
189 191
177 193
171
189 186 177 187 171
201
209 186
183 187
185 201
192 209
169 183 62
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
F M
18
270
256
268 248 236 239 233
82 66 64 59 58 75 69 86 86 88 69 72 61
173 185
177 192
174 169
172 173
167 177 172
174 185 172 191 167 184 172
174 185
170
191 153 161
184
162 174
156 170 153 65 59
161 59
162 53
156 69
6.0 5.0 4.0
3.0 2.0 1.0 0.0
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