Last month, 92 properties sold in the Plant City area — an increase from November 2019, during which 76 properties were sold. The average sale price increased to $261,300 from $235,539, as did the average sale price per square foot ($141.34 in 2020, $129.11 in 2019).
On a year-to-year basis, 2020’s total sales have now surpassed the 2019 totals by nine units. The average sale price saw a 9.1 percent increase, going up to $244,072, and the average sale price per square foot increased 9.3 percent to $133.59.
While a more productive 2020 is a good thing, Mitchell Crawford, of the Crawford Group, said there is a concern with available inventory that needs to be addressed before prices stop trending in the right direction.
“Only 79 (properties) are available to sell,” Crawford said. “The available inventory is still at a critical low level. As a realtor, I cannot stress enough the urgency for increased supply. The demand is still here, but we have been experiencing more properties not appraising at contract
prices. This is a slight concern that the market may need to pause on price increases. The holiday season is upon us, but it’s also a time when the most serious buyers are out looking. If you are looking to buy or sell a property, please seek out an experienced and seasoned real estate professional to assist you in this transaction.”
NOVEMBER 2020 SALES SNAPSHOT
The following properties were a sample listed as sold on the Greater Tampa
Realtors Association MLS in November 2020.
The home at 909 E. Alsobrook St. sold November 12 for $80,000. Built in 2004, it has three bedrooms, two baths and 1,150 square feet of living area.
The home at 714 E. Dr Martin Luther King Blvd. sold November 18 for $148,000. Built in 1900, it has two bedrooms, two baths and 1,269 square feet of living area.
The home at 1207 S. Tyler St. sold November 23 for $194,000. Built in 1964, it has 4 bedrooms, two baths and 1,541 square feet of living area.
The home at 4405 Country Hills Blvd. sold November 30 for $200,000. Built in 2005, it has three bedrooms, two baths and 1,316 square feet of living area.
The home at 1469 Walden Oak Place sold November 12 for $225,000. Built in 1991, it has three bedrooms, two baths and 1,460 square feet of living area.
The home at 3320 Azalea Blossom Drive sold November 30 for $230,000. Built in 2007, it has three bedrooms, two baths and 1,583 square feet of living area.
The home at 1016 Ashentree Drive sold November 30 for $240,188. Built in 2018, it has four bedrooms, two and a half baths and 2,328 square feet of living area.
The home at 4609 Cooper Road sold November 20 for $255,000. Built in 1999, it has three bedrooms, two baths and 1,701 square feet of living area.
The home at 2802 Spring Vista Court sold November 3 for $269,000. Built in 1999, it has three bedrooms, two baths and 1,815 square feet of living area.
The home at 3138 S. Northview Road sold November 30 for $285,000. Built in 2018, it has four bedrooms, two and a half baths and 2,505 square feet of living area.
The home at 3002 Young Road sold November 27 for $300,000. Built in 2008, it has four bedrooms, three baths and 2,468 square feet of living area.
The home at 1206 W. Trapnell Road sold November 27 for $310,000. Built in 1968, it has four bedrooms, two baths and 1,643 square feet of living area.
The home at 2922 Spring Hammock Drive sold November 9 for $335,000. Built in 2000, it has four bedrooms, two and a half baths and 2,364 square feet of living area.
The home at 3056 Sutton Woods Drive sold November 20 for $440,000. Built in 1998, it has four bedrooms, three baths and 3,233 square feet of living area.
The home at 6109 W. Knights Griffin Road sold November 3 for $622,000. Built in 1986, it has five bedrooms, two and a half baths and 3,340 square feet of living area.