FL ARCHIVED October 2017 | Page 96

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 387,375
-2%
11 %
Average List Price of all Current Listings
$ 529,061
1 %
16 %
October Median Sales Price
$ 365,000
4 %
4 %
-1%
22 %
$ 319,900
6 %
7 %
October Average Sales Price
$ 350,362
-13% -5% -19%
7 %
$ 340,060
3 %
4 %
Total Properties Currently for Sale ( Inventory )
436
1 %
-6%
October Number of Properties Sold
41
24 %
-66%
932
-26%
October Average Days on Market ( Solds )
61 -22%
0 %
-6%
-21%
69
-12%
-10%
Asking Price per Square Foot ( based on New Listings )
$ 182
5 %
0 %
10 %
6 %
$ 180
7 %
5 %
October Sold Price per Square Foot
$ 165
-11% -4%
-3%
9 %
$ 162
7 %
7 %
October Month ' s Supply of Inventory
10.6 -18% 14 % 174 % 129 %
5.8
25 %
26 %
October Sale Price vs List Price Ratio
92.8 % -1.3% -2.2% -3.4% -2.9%
95.4 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Agent Name

Plantation Title

Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
180
October Property sales were 41 , down 65.5 % from 119 in
October of 2016 and 24.2 % higher than the 33 sales last month .
160
Number of Properties Sold
3 Mo Avg
Property
October 2017 Sales sales were at their lowest level compared to
180
140
October Property of 2016 sales and 2015 were . 41 October , down 65.5 YTD % sales from of 119932 in are
October running of 26.1 2016 % and behind 24.2 last % higher year ' s than year-to-date the 33 sales sales last of month 1,262 . .
160
120
October 2017 sales were at their lowest level compared to
140
100
October of 2016 and 2015 . October YTD sales of 932 are running 26.1 % behind last year ' s year-to-date sales of 1,262 .
120
80
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in October was $ 365,000 , down 1.4 %
Prices from $ 370,000 in October of 2016 and up 4.3 % from $ 350,000
The last Median month Sales . The Price Average in October Sales Price was $ in 365,000 October , down was $ 1.4 350,362 % ,
450 from down $ 370,000 18.6 % from in October $ 430,454 of 2016 in October and up of 4.32016 % from and $ 350,000 down 13.4 %
N
D
J
F M A M J
J
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
14
15
16
17
450
Median Sales Price and Average Sales Price
400
J
A S O
3 Mo Avg
3 Mo Avg
last from month $ 404,474 . The Average last month Sales . October Price in October 2017 ASP was was $ 350,362 at a mid , down range 18.6 compared % from $ to 430,454 October in of October 2016 and of 2016 2015 and . down 13.4 %
400
350
from $ 404,474 last month . October 2017 ASP was at a mid
350
300
range compared to October of 2016 and 2015 .
300
250
79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98
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 88 122 83 121 126 113 105 33 41
132 131 153 158 118 156 116 119 105 109 100 88 122 83 121 126 113
3 Mo Avg
105 33 41
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The October Total Inventory was 436 , up of Properties 1.4 % from available 430 last for month sale as and of down 5.6 % October from 462 was in 436 October , up 1.4 of % last from year 430 . last October month 2017 and Inventory down 5.6 % was 700 at from its lowest 462 in level October compared of last year with . October 2017 of 2016 Inventory and 2015 was . at 600 its lowest level compared with October 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 October for 2017 sellers MSI while of a 10.6200
higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 10.6 of 2016 months was at its highest level compared with October of 2016
100 and 2015 . and 2015 .
0
200
150
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
14
J
F
15 M 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 J
J
A S O
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
14.0
600
14.0
12.0
500
12.0
10.0
400
10.0
8.0
300
8.0
6.0
200
6.0
4.0
4.0
100
2.0
0
0.0
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 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
14
15
16
17
14
15
16
17
2.0
0.0
581 531
581
564
588 531
591 564
594 588
597 591
593 594
561 597 556 593
559
561 556
569 545
559 524
569 541
545 562 524 608 541
618
608 562
613 608
610 618
563 608
515 613
462 610
496 563
465 515
459 462
462 496 467 465
453 459
460 462
445 467
448 453
453 460
430 445
436
448 453
430
436
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con
96 | 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 .