How's the Real Estate Market??

Plant City, FL

Single-Family Homes

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



Plant City, FL

Wed Oct 20 2021
This week the median list price for Plant City, FL is $344,500 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has decreased to 56. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Oct 20 2021
This week the median list price for Plant City, FL is $344,500 with the market action index hovering around 67. This is less than last month's market action index of 72. Inventory has decreased to 56. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $344,500
Median Price of New Listings $287,450
Per Square Foot $197
Average Days on Market 80
Median Days on Market 46
Price Decreased 30%
Price Increased 2%
Relisted 2%
Inventory 56
Median Rent $2,045
Market Action 67
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
$1,275,000 2,891 2.5 - 5 acres 3 2 21 2 1 77
$435,000 2,321 0.5 - 1 acre 4 2 32 4 3 7
$279,450 1,696 0.25 - 0.5 acre 3 2 62 5 2 21
$202,000 1,177 8,000 - 10,000 sqft 3 2 74 5 2 80