Plant City-area real estate sales are still down from this point in 2019 thanks in large part to COVID-19, but the market appears to be growing stronger.
Last month, 85 properties sold with an average sale price of $132.32 per square foot. That’s a 20 percent increase in units sold and a 5 percent increase in price per square foot from May 2020. Though there were four more properties sold in June 2019 (89) than in June 2020, there was a 15 percent increase in average sale price per square foot compared to June 2019 ($119.65 per square foot).
Mitchell Crawford, of the Crawford Group, said that Plant City is now in the busiest part of the buying/selling season and hopes potential buyers will take advantage of “all-time low” mortgage lending rates in the low 3 percent range.
“These factors continue to help the property values steadily increase,” Crawford said. “We are still in a strengthening market. Buyers are continuing facing limited property choices and multiple offer situations in their purchasing decisions. By all means, all parties need to have professional representation throughout this process to assist in the various forms of negotiations and contract addenda.”
SALES SNAPSHOT
The following properties were listed on the Hillsborough County Property Appraiser’s website as having sold in June 2020.
The home at 2702 Pine Club Drive sold June 1 for $340,000. Built in 1988, it has four bedrooms, three baths and 2,618 square feet of living area.
The home at 2913 Aston Ave. sold June 1 for $300,000. Built in 1989, it has four bedrooms, three baths and 2,653 square feet of living area.
The home at 1008 Barbour Drive sold June 1 for $155,000. Built in 1961, it has three bedrooms, one bath and 948 square feet of living area.
The home at 901 N. Maryland Ave. sold June 1 for $190,000. Built in 1953, it has four bedrooms, two baths and 1,271 square feet of living area.
The home at 1512 Teakwood Drive sold June 1 for $285,000. Built in 1977, it has three bedrooms, two baths and 1,992 square feet of living area.
The home at 106 S. Gordon St. sold June 2 for $18,000. Built in 1954, it has one bedroom, one bath and 712 square feet of living area.
The home at 3424 Trapnell Ridge Drive sold June 3 for $157,600. Built in 2006, it has three bedrooms, two baths and 1,719 square feet of living area.
The home at 609 S. Gordon St. sold June 4 for $130,000. Built in 1971, it has three bedrooms, one bath and 972 square feet of living area.
The home at 3704 W. Reynolds St. sold June 5 for $67,000. Built in 1966, it has two bedrooms, one bath and 1,470 square feet of living area.
The home at 2304 Trapnell Road sold June 5 for $100,000. Built in 1930, it has two bedrooms, two baths and 1,712 square feet of living area.
The home at 3210 Thackery Way sold June 8 for $300,000. Built in 1988, it has four bedrooms, two baths and 2,216 square feet of living area.
The home at 3616 Pioneer Country Trail sold June 9 for $485,000. Built in 2005, it has four bedrooms, two baths and 2,215 square feet of living area.
The home at 3709 Trapnell Grove Loop sold June 9 for $216,000. Built in 2006, it has three bedrooms, two baths and 1,545 square feet of living area.
The home at 1922 Horseshoe Drive sold June 9 for $250,000. Built in 1988, it has four bedrooms, two baths and 1,668 square feet of living area.
The home at 2621 Jim Johnson Road sold June 11 for $175,000. Built in 1960, it has three bedrooms, one bath and 1,643 square feet of living area.
TOP BUILDING PERMITS
These are the largest building permits issued in Plant City for the month of June 2020, in order of dollar amounts.
2727 Henderson Way — Completion — $11,500,000
3775 Fancy Farms Road — Roof — $959,000
2262 Pixie Way — Mechanical/HVAC — $409,000
1301 S. Frontage Road — Billboard — $323,851
409 N. Alexander St. — Occupancy — $320,000
3602 Fancy Farms Road — Occupancy — $312,000
1911 S. Wiggins Road — Electrical — $219,890
2511 James L. Redman Parkway — Plumbing — $187,744
4702 Sydney Road — Mechanical/HVAC — $170,933
1708 Johnson Pointe Road — Electrical — $156,300
3003 Bridgeman Court — Single family detached — $156,300
3011 Bridgeman Court — Single family detached — $156,300
3008 Bridgeman Court — Single family detached — $156,300
501 W. Tever St. — Occupancy — $150,000
1705 Johnson Pointe Drive — Electrical — $135,480
4702 Sydney Road — Roof — $135,150
2851 Thonotosassa Road — Accessory structure — $125,900
2715 Holly Bluff Court — Residential alteration — $125,712
1204 W. Washington Court — Occupancy — $125,000
813 W. Warren St. — Single family detached — $120,000