FL ARCHIVED March 2017 | Page 98

Market Action Report March 2017
Community Information | School District
Market Action Report March 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
$ 419,900
5 %
26 %
Average List Price of all Current Listings
$ 565,957
2 %
31 %
March Median Sales Price
$ 288,500
-8%
-2%
-4%
-4%
$ 292,000
1 %
-3%
March Average Sales Price
$ 319,564
-0%
1 %
-5%
-2%
$ 315,154
-3%
-4%
Total Properties Currently for Sale ( Inventory )
423
-0%
-30%
March Number of Properties Sold
114
37 %
-14%
295
-5%
March Average Days on Market ( Solds )
82
15 %
5 %
5 %
6 %
83
15 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 179
1 %
2 %
6 %
5 %
$ 178
9 %
5 %
March Sold Price per Square Foot
$ 155
1 %
2 %
5 %
2 %
$ 151
5 %
-1%
March Month ' s Supply of Inventory
3.7 -28% -16% -19% -19%
4.4
-22%
-4%
March Sale Price vs List Price Ratio
95.0 %
. 1 %
. 1 %
-. 5 %
-. 6 %
94.8 %
-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
March Property sales were 114 , down 13.6 % from 132 in March of 2016 and 37.3 % higher than the 83 sales last month . March
160
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at a mid level compared to March of 2016 and
180
140
March
2015 . Property March YTD sales sales were of 114295 , down are 13.6 running % from 5.1132 % behind March last of year 2016 ' s year-to-date and 37.3 % higher sales than of 311 the . 83 sales last month . March
160
120
2017 sales were at a mid level compared to March of 2016 and
140
100
2015 . March YTD sales of 295 are running 5.1 % behind last year ' s year-to-date sales of 311 .
120
80
100
60
80
40
60
20
40
0
20
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
0
14
15
16
17
Prices
The Median Sales Price in March was $ 288,500 , down 4.0 %
Prices from $ 300,500 in March of 2016 and down 8.4 % from
The
$ 315,000 Median last Sales month Price . in The March Average was $ Sales 288,500 Price , down in March 4.0 % was
450 from
$ 319,564 $ 300,500 , down in March 5.3 % from of 2016 $ 337,558 and down in March 8.4 % from of 2016 and
A
M J
14
450
400
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
$ down 315,000 0.3 last % from month $ 320,550 . The Average last month Sales Price . March in March 2017 ASP was was at
400
$ a 319,564 mid range , down compared 5.3 % from to $ March 337,558 of in 2016 March and of 2015 2016 . and
350
down 0.3 % from $ 320,550 last month . March 2017 ASP was at
350
300
a mid range compared to March of 2016 and 2015 .
300
250
91 109 105 129 118 88 108 79 104 67 101 111 134 126 147 126
91 109 105 129 118 88 108 79 104 67 101 111 134 126 147 126 140 116 120 94 137 81 98 132 131 153 158 118 156 116 116 102 107 98 83 114
140 116 120 94 137 81 98 132 131 153 158 118 156 116 116 102 107
3 Mo Avg
98 83 114
250 200 150
Inventory & MSI Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 423 , Inventory down 0.5 of % Properties from 425 last available month for and sale down as of 30.0 March % from was 60423 in , March down 0.5 of % last from year 425 . March last month 2017 and Inventory down 30.0 was % at from its 700 604 lowest in March level compared of last year . with March March 2017 of Inventory 2016 and was 2015 at . its 600 lowest level compared with March 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 March for 2017 sellers MSI while of 3.7 a 200
higher months MSI was is better at its lowest for buyers level . The compared March 2017 with March MSI of 3.7 of 2016 and months was at its lowest level compared with March of 2016 and
100
2015 . 2015 .
0
200
150
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
M
14 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
F M
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
547
300 200 100
549
559 547
562 549
567 559
556 562
569 567
580 556
530 569 563
580 587 530 589
563 592
587 594
589 590
592 558
594
554 557
590
566 558
541 554
520 557
537 566
558 541
520 604
537 612
601 558 602
0
A
M J
J
A S O N D J
F M A M J
J
A S O N D J
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
14
15
16
14
15
16
J
A S O N D J
17
604 612 598
601 550
602
501 598
445 550
477 501
438 428
445 425
477 423
438
F M A M J J A S O N D J F M
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
F M
17
428 425 423
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 .