FL ARCHIVED January 2017 | Page 98

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 404,900
5 %
23 %
Average List Price of all Current Listings
$ 529,705
7 %
24 %
January Median Sales Price
$ 287,500
-5%
-7%
-4%
-4%
$ 287,500
-4%
-4%
January Average Sales Price
$ 315,499
-0% -11% -12%
-4%
$ 315,499
-12%
-4%
Total Properties Currently for Sale ( Inventory )
399
-6%
-25%
January Number of Properties Sold
88 -14%
9 %
88
9 %
January Average Days on Market ( Solds )
90
34 %
27 %
36 %
17 %
90
36 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 180
5 %
3 %
8 %
5 %
$ 180
8 %
5 %
January Sold Price per Square Foot
$ 146
-5%
-8%
1 %
-4%
$ 146
1 %
-4%
January Month ' s Supply of Inventory
4.5
9 %
2 %
-31%
0 %
4.5
-31%
0 %
January Sale Price vs List Price Ratio
94.5 %
-. 7 % -1.3% -1.0% -1.2%
94.5 %
-1%
-1%
* 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
January Property sales were 88 , up 8.6 % from 81 in January of
2016 and 13.7 % lower than the 102 sales last month . January
160
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
180
140
January
2016 and Property 2015 . sales January were YTD 88 , up sales 8.6 of % 88 from are 81 running January 8.6 of %
2016 ahead and of 13.7 last % year lower ' s year-to-date than the 102 sales last of 81 month . . January
160
120
2017 sales were at their highest level compared to January of
140
100
2016 and 2015 . January YTD sales of 88 are running 8.6 % ahead of last year ' s year-to-date sales of 81 .
120
80
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in January was $ 287,500 , down 3.8 %
Prices from $ 299,000 in January of 2016 and down 4.8 % from
The
$ 302,000 Median last Sales month Price . in The January Average was Sales $ 287,500 Price , down in January 3.8 % was
450 from
$ 315,499 $ 299,000 , down in January 12.0 % from of 2016 $ 358,648 and down in January 4.8 % from of 2016 and
F
M A M J
14
450
400
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 302,000 0.3 last % from month $ 316,388 . The Average last month Sales . Price January in January 2017 ASP was was
400
$ at 315,499 a mid , range down 12.0 compared % from to $ 358,648 January in of January 2016 and of 2016 2015 . and
350
down 0.3 % from $ 316,388 last month . January 2017 ASP was
350
300
at a mid range compared to January of 2016 and 2015 .
300
250
97 100 91 109 105 129 118 88 108 79 104 67 101 111 133 126
97 100 91 109 105 129 118 88 108 79 104 67 101 111 133 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 154 115 114 101 102 88
147 126 140 116 120 94 137 81 98 132 131 153 158 118 154 115 114
3 Mo Avg
101 102 88
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 399 , down of Properties 5.9 % from available 424 last for sale month as of and down January 25.1 % from was 399 533 , down in January 5.9 % from of last 424 year last . January month and 2017 down Inventory 700 25.1 was % at from its lowest 533 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 600 . was at its lowest level compared with January 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 January for 2017 sellers MSI while of a 4.5 200
higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 4.5 of 2016 months was at its lowest level compared with January of 2016
100 and 2015 . and 2015 .
0
200
150
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
14 A M J
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
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
700
Total Inventory & Month ' s Supply of Inventory ( MSI )
600 500 400
502
300 200 100
507
546 502
548 507
558 546
561 548
566 558
555 561
568 566 579 555
529 568
562
579 585 529 587
562 591
585 592
587 588 556
591
551 592
554 588
563 556
538 551
516 554
533 563
0 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 14
15 14
15 16
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
F M A M J
J
0.0
A S O N D J
555 538
516 598
533 608
596 555
593 598 589 608
539
596 593
492 589
436 463
539 424
492 399
436
F M A M J J A S O N D J 16
17
463 424 399
17
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 .