Market Action Report
City: Plant City
Plant City
Agent Name
Market Action Report
City: Plant City
February 2016
Title
Phone
Agent
Name
Website
Title Other
February 2016
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
Market Profile & Trends Overview
Median List Price of all Current Listings
Price Range: All | Properties: SFH - Con
LM
Trending versus*:
L3M PYM
LY
Trending versus*:
Prior YTD Prior Year
YTD
$200,990
8%
9%
Other
$220,890 Trending
6% versus*:8%
Trending versus*:
Month
LM 14%
L3M PYM
LY
Prior YTD 15%
Prior Year
$160,000
0% 31%
3% YTD
$148,000
$200,990
8% 7% -3%
9% 23% 2%
$169,196
$163,100
15%
$220,890 179
6% -1% 8% -31%
$160,000 14%
0% 31% -18%
3%
$148,000
15%
47 -13%
101
2%-5%
$169,196 7% -3% 23% 2%
$163,100
15%
-2%
82 19% 4% 9% 21%
75
6%
179 -1%
-31%
$100 4% 1% 8% 5%
$98
7%
47 -13%
-18%
101
2%
$93 5% 3% 31% 6%
$91
20%
82 19% 4% 9% 21%
75
6%
10%
3.8 14% 24% -17% 6%
3.6 -34%
$100 4% 1% 8% 5%
$98
7%
3%
1% 3%
$9397.0%
5% 2.8%
3% 2.7%
31% 4.5%
6% 2.5% $91 95.6%
20%
Average List Price of all Current Listings
Market
Profile
& Sales
Trends
Overview
February
Median
Price
Median
ListAverage
Price of Sales
all Current
February
Price Listings
Average
List Price of
all Current
Total Properties
Currently
forListings
Sale (Inventory)
February Median Sales Price
February Number of Properties Sold
February Average Sales Price
February Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
February Number of Properties Sold
February Sold Price per Square Foot
February Average Days on Market (Solds)
February Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
February Sale Price vs List Price Ratio
February Sold Price per Square Foot
-5%
-2%
10%
3%
3%
-1%
1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
3.8 14% 24% -17% 6%
3.6 -34%
-1%
Number of95.6%
Properties
97.0% 2.8% 2.7% 4.5% 2.5%
1% Sold 1%
February Month's Supply of Inventory
February Sale Price vs List Price Ratio
3 Mo Avg
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
Property
Sales
47
54
86
47
83
73
64
73
86
69
80
85
57
42
62
50
61
54
74
65
69
64
64
45
42
43
49
48
54
51
47
42
54
47
54
86
47
83
73
64
73
86
69
80
85
57
42
62
50
61
54
74
65
69
64
64
45
42
43
49
48
54
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
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
16
M A 13
M J J A S O N D J F M14A M J J A S O N D J F M 15
A M J J A S O N D J F
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
179
180
178
222
229
179
227
178
180
239
259
222
248
229
236
227
263
239
259
244
236 260
248
263266
260 280
244 286
266 276
286286
280285
276 287
279
286
278
285
287284
279 294
278
284
295
332
311
294
311
322
332
311
311
282
322
270
295
246
231
150
150
A comparatively lower MSI is more beneficial for sellers while a 100
A comparatively lower MSI is more beneficial for sellers while a 100
higher MSI is better for buyers. The February 2016 MSI of 3.8
higher MSI is better for buyers. The February 2016 MSI of 3.8
months was at its lowest level compared with February of 2015 50 50
months was at its lowest level compared with February of 2015
0
and2014.
2014.
0
and
Total Inventory & Month's Supply of Inventory (MSI)
243
231
231
231
Inventory
& MSI of Properties available for sale as of
The Total Inventory
350
The
Total Inventory
Properties
available
as ofand down
February
was 179,of
down
0.6% from
180 for
lastsale
month
350
February
was 260
179, down
0.6% from
180year.
last month
and 2016
down
31.2% from
in February
of last
February
300
31.2%
from 260
last compared
year. February
Inventory
was in
at February
its lowestoflevel
with2016
February of 300 250
Inventory
at its lowest level compared with February of
2015 andwas
2014.
250
200
2015 and 2014.
200
51
200
190
180
170
160
150
140
130
120
110
100
282
256
170
160
150
140
130
120
110
100
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
Median
Sales Price and Average
Sales Price
13
14
15
16
270
246
The Median Sales Price in February was $160,000, up 30.5%
Prices
from $122,564 in February of 2015 and up 14.3% from
The
Median last
Salesmonth.
Price inThe
February
wasSales
$160,000,
upFebruary
30.5% was
$140,000
Average
Price in
200
from
$122,564
February
2015 andinup
14.3% from
$169,196,
up in
22.6%
fromof$137,992
February
of 2015 and up190
$140,000
last
month.
The
Average
Sales
Price
in
February
was
7.2% from $157,794 last month. February 2016 ASP was at the180
$169,196,
up 22.6%
from $137,992
in February
of 2015
and up
highest level
compared
to February
of 2015 and
2014.
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
13
14
15
16
256
243
Prices
52
0
0
57
10
47
20
30
52
30
40
42
40