FL ARCHIVED March 2016 | Page 14

Market Action Report City: Plant City March 2016 Plant City Agent Name Title Phone Website Other Community Information | School District Price Range: $1,000,000 and Up | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for March was 0, up from 0 days last month and up from 0 days in March of last year. The March 2016 DOM was at its lowest level compared with March of 2015 and 2014. 3 Mo Avg 1 1 1 1 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 13 14 15 16 Selling Price per Square Foot Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the 100 direction of Property values. Since Median Sales Price and 95 Average Sales price can be impacted by the 'mix' of high or low 90 end Properties in the market, the selling price per square foot is a 85 more normalized indicator on the direction of Property values. The March 2016 Selling Price per Square Foot of $0 was up from 80 $0 last month and up from 0 in March of last year. 75 70 65 60 55 50 3 Mo Avg 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 13 14 15 16 Selling Price versus Listing Price Ratio Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that