How's the Real Estate Market??

Plant City, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Plant City, FL

Mon Nov 30 2020
This week the median list price for Plant City, FL is $286,200 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 66. Click here to stay informed with the Plant City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Plant City, FL

Mon Nov 30 2020
This week the median list price for Plant City, FL is $286,200 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 66. Click here to stay informed with the Plant City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Plant City market.
Median List Price $286,200
Per Square Foot $154
Days on Market 95
Price Decreased 32%
Price Increased 18%
Relisted 5%
Inventory 66
Median Rent $1,545
Most Expensive $2,500,000
Least Expensive $139,900
Market Action 62
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$499,900 2,610 2.5 - 5 acres 4 3 38 1 3 219
$313,000 2,077 0.25 - 0.5 acre 4 2 14 4 3 67
$275,490 1,828 0.25 - 0.5 acre 4 2 12 2 2 44
$200,000 1,416 0.25 - 0.5 acre 3 2 40 5 6 53