FL ARCHIVED May 2017 | Page 98

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 429,900
7 %
26 %
Average List Price of all Current Listings
$ 579,222
6 %
30 %
May Median Sales Price
$ 336,225
7 %
5 %
25 %
12 %
$ 310,000
11 %
3 %
May Average Sales Price
$ 348,200
15 %
5 %
19 %
7 %
$ 325,351
4 %
0 %
Total Properties Currently for Sale ( Inventory )
435
2 %
-28%
May Number of Properties Sold
114
39 %
-25%
505
-15%
May Average Days on Market ( Solds )
62 -26% -16% -28% -19%
78
3 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 186
5 %
4 %
14 %
9 %
$ 179
8 %
5 %
May Sold Price per Square Foot
$ 169
12 %
6 %
20 %
11 %
$ 156
8 %
3 %
May Month ' s Supply of Inventory
3.8 -27% -10% -3%
-17%
4.4
-13%
-3%
May Sale Price vs List Price Ratio
96.1 %
. 6 %
. 8 %
1.2 %
. 5 %
95.2 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
180
May Property sales were 114 , down 25.5 % from 153 in May of
2016 and 39.0 % higher than the 82 sales last month . May 2017
160
Property sales were Sales at their lowest level compared to May of 2016 and
180
140
May
2015 Property . May YTD sales sales were of 114 505 , down are 25.5 running % from 15.1153 % behind May of last
2016 year and ' s year-to-date 39.0 % higher sales than of the 59582 . sales last month . May 2017
160
120
sales were at their lowest level compared to May of 2016 and
140
100
2015 . May YTD sales of 505 are running 15.1 % behind last year ' s year-to-date sales of 595 .
120
80
100
60
80
40
60
20
40
0
20
0
Prices
The Median Sales Price in May was $ 336,225 , up 24.5 % from
Prices
$ 270,000 in May of 2016 and up 7.2 % from $ 313,500 last
J
14
450
The month Median . The Sales Average Price Sales in May Price was $ in 336,225 May was , up $ 24.5 348,200 % from , up
$
19.4 270,000 % from in May $ 291,517 of 2016 in May and up of 7.2 2016 % from and up $ 313,500 15.1 % from last
450
400
month
$ 302,581 . The last Average month Sales . May Price 2017 in May ASP was $ at 348,200 the highest , up level
400
19.4 compared % from $ to 291,517 May of in 2016 May and of 2016 2015 and . up 15.1 % from
350
$ 302,581 last month . May 2017 ASP was at the highest level
350
300
compared to May of 2016 and 2015 .
300
250
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

105 129 118 88 108 79 104 67 101
Number of Properties Sold
Number of Properties Sold
111 134 126 147 126 140 116
3 Mo Avg
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
14
15
16
17
J
A S O N D
J
F
MMedian A M J JSales A S OPrice N D Jand
F MAverage A M J
J Sales
A S O Price N D
J
F M A M
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
105 129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 119 105 109 100 87 122 82 114
120 94 137 81 98 132 131 153 158 118 156 116 119 105 109 100
3 Mo Avg
87
3 Mo Avg
122 82 114
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of May The was Total 435 , Inventory up 1.9 % from of Properties 427 last available month and for down sale as 27.6 of May % from was 601435 in , May up 1.9 of % last from year 427 . May last month 2017 Inventory and down was 27.6 at % from its lowest 700 601 level in compared May of last with year . May of 2017 2016 Inventory and 2015 was . at its lowest 600 level compared with May 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 May 2017 for sellers MSI of while 3.8 a 200
higher months MSI was is better at its lowest for buyers level . The compared May 2017 with MSI May of 3.8 of 2016 and months was at its lowest level compared with May of 2016 and
100
2015 . 2015 .
0
200
150
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
14
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 M
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
559
300 200 100 0
J J 14
562
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
558 565 541
553
520 556
537 565
558 541
520 603
537 612
601 558
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 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 14
15 16
17 15
16 17
603 604
612 601
601 555
604 508
601 453
555
487 508
454 453
442 487
441 444
454 427
442
435
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M A M
441 444 427 435
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 .