FL ARCHIVED April 2017 | Page 98

Market Action Report April 2017
Community Information | School District
Market Action Report April 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
$ 419,900
5 %
23 %
Average List Price of all Current Listings
$ 562,266
2 %
23 %
April Median Sales Price
$ 338,100
13 %
13 %
23 %
13 %
$ 300,000
6 %
0 %
April Average Sales Price
$ 309,938
-9%
-4%
3 %
-5%
$ 321,199
1 %
-2%
Total Properties Currently for Sale ( Inventory )
415
-5%
-32%
April Number of Properties Sold
77 -36%
-41%
383
-13%
April Average Days on Market ( Solds )
85
5 %
4 %
13 %
10 %
82
12 %
6 %
Asking Price per Square Foot ( based on New Listings )
$ 179
1 %
1 %
2 %
5 %
$ 178
7 %
5 %
April Sold Price per Square Foot
$ 151
-4%
0 %
0 %
0 %
$ 152
4 %
0 %
April Month ' s Supply of Inventory
5.4
49 %
15 %
15 %
18 %
4.6
-14%
1 %
April Sale Price vs List Price Ratio
95.5 %
. 6 %
. 6 %
1.3 %
-. 1 %
95.0 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
180
April Property sales were 77 , down 41.2 % from 131 in April of
2016 and 36.4 % lower than the 121 sales last month . April 2017
160
Property sales were Sales at their lowest level compared to April of 2016 and
180
140
April
2015 Property . April YTD sales sales were of 77383 , down are 41.2 running % from 13.3 131 % in behind April of last
2016 year and ' s year-to-date 36.4 % lower sales than of the 442 121 . sales last month . April 2017
160
120
sales were at their lowest level compared to April of 2016 and
140
100
2015 . April YTD sales of 383 are running 13.3 % behind last year ' s year-to-date sales of 442 .
120
80
100
60
80
40
60
20
40
0
20
0
Prices
The Median Sales Price in April was $ 338,100 , up 22.9 % from
Prices
$ 275,000 in April of 2016 and up 12.7 % from $ 300,000 last
M
14
450
The month Median . The Sales Average Price Sales in April Price was in $ 338,100 April was , up $ 22.9 309,938 % from , up 3.1 %
450
$ from 275,000 $ 300,505 in April in of April 2016 of and 2016 up 12.7 and % down from 9.2 $ 300,000 % from last $ 341,275
400
month last month . The . Average April 2017 Sales ASP Price was in April at the was highest $ 309,938 level , compared up 3.1 %
400 to from
April $ 300,505 of 2016 and in April 2015 of . 2016 and down 9.2 % from $ 341,275
350
last month . April 2017 ASP was at the highest level compared to
350
300
April of 2016 and 2015 .
300
250
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

109 105 129 118 88 108 79 104 67
Number of Properties Sold
Number of Properties Sold
101 111 134 126 147 126 140
3 Mo Avg
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
15
16
17
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
109 105 129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 118 104 108 99 86 121 77
116 120 94 137 81 98 132 131 153 158 118 156 116 118 104 108
3 Mo Avg
99
3 Mo Avg
86 121 77
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of April The was Total 415 , Inventory down 5.5 % of from Properties 439 last available month for and sale down as of 32.2 April % from was 612415 in , April down of 5.5 last % from year . 439 April last 2017 month Inventory and down was 32.2 at % its from lowest 700 612 level in April compared of last with year April . of 2017 2016 Inventory and 2015 was . at its lowest 600 level compared with April 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 April for 2017 sellers MSI while of 5.4 a 200
higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 5.4 of 2016 and months was at its highest level compared with April of 2016 and
100
2015 . 2015 .
0
200
150
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 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
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
9.0
500
8.0
7.0
400
6.0
549 559
562 549
567 559
556 562
569 567
580 556
530 569
563 580 587
530 589
563 592
587 594
589 590
592 558
594 553
590
556 565
558
541 553
520 556
537 565
558 541
520 604
537 612
602 558
602 604
599 612
551 602
504 602 448 599
482 551
448 504
435 448
438 482
439 448
415
435
300 200 100
5.0 4.0 3.0 2.0 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
15 16
17 14
15 16
17
438 439 415
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
98 | 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 .