How's the Real Estate Market??

Plant City, FL

Single-Family Homes

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



Plant City, FL

Wed Jul 06 2022
This week the median list price for Plant City, FL is $390,935 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has increased to 136. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Plant City, FL

Wed Jul 06 2022
This week the median list price for Plant City, FL is $390,935 with the market action index hovering around 59. This is less than last month's market action index of 62. Inventory has increased to 136. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Plant City market.
Median List Price $390,935
Median Price of New Listings $406,670
Per Square Foot $219
Average Days on Market 44
Median Days on Market 35
Price Decreased 42%
Price Increased 3%
Relisted 2%
Inventory 136
Median Rent
Market Action 59
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
$780,000 3,043 1 - 2.5 acres 4 3 28 9 1 24
$449,950 2,346 0.25 - 0.5 acre 4 2.3 16 12 4 21
$345,140 1,450 8,000 - 10,000 sqft 3 2 34 10 8 35
$234,950 1,123 6,500 - 8,000 sqft 3 1 61 7 9 38