DFW ARCHIVED April 2017 | Page 12

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

County : Dallas

Price Range : All | Properties : SFH - Con
Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 439,999
6 %
14 %
Average List Price of all Current Listings
$ 853,073
4 %
13 %
April Median Sales Price
$ 236,000
5 %
7 %
13 %
15 %
$ 220,500
15 %
8 %
April Average Sales Price
$ 336,256
-3%
2 %
7 %
8 %
$ 328,516
13 %
6 %
Total Properties Currently for Sale ( Inventory )
4,233
6 %
31 %
April Number of Properties Sold
1,959
-9%
-11%
6,959
-5%
April Average Days on Market ( Solds )
33
-6%
-8%
-3%
-6%
36
-8%
3 %
Asking Price per Square Foot ( based on New Listings )
$ 174
3 %
2 %
10 %
13 %
$ 170
10 %
10 %
April Sold Price per Square Foot
$ 151
1 %
4 %
10 %
10 %
$ 145
11 %
6 %
April Month ' s Supply of Inventory
2.2
16 %
1 %
47 %
21 %
2.3
28 %
27 %
April Sale Price vs List Price Ratio
98.4 %
. 5 %
. 7 %
. 1 %
. 7 %
97.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 April Property sales were 1,959 , down 10.7 % from 2,194 in April of 2016 and 8.8 % lower than the 2,148 sales last month . April Property 2017 sales Sales were at their lowest level compared to April of 2016 2,000
2,500 April and Property 2015 . April sales YTD were sales 1,959 of , 6,959 down 10.7 are % running from 2,194 5.2 % in behind April last
of year 2016 ' s year-to-date and 8.8 % lower sales than of the 7,341 2,148 . sales last month . April 2017 sales were at their lowest level compared to April of 2016 2,0001,500 and 2015 . April YTD sales of 6,959 are running 5.2 % behind last year ' s year-to-date sales of 7,341 . 1,5001,000
1,000

Dallas

500
2,151 2,248
Agent Name
Title Phone Website Other

Community Information | School District

2,139 2,042 1,841
Number of Properties Sold
500 0 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
0 14 15
16 17
Prices
M J J A S O N D J Median F M A M Sales J J A Price S O N and D J FAverage M A M J Sales J A S Price O N D J F M A 14
15 16
17 3 Mo Avg
The Median Sales Price in April was $ 236,000 , up 12.9 % from 350
Prices $ 209,000 in April of 2016 and up 4.9 % from $ 225,000 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 236,000 April was , up $ 336,256 12.9 % from , up 6.7 %
330
350 $ from 209,000 $ 315,243 in April in of April 2016 of and 2016 up and 4.9 % down from 2.8 $ 225,000 % from last $ 345,869 310 month . The Average Sales Price in April was $ 336,256 , up 6.7 %
330
last month . April 2017 ASP was at the highest level compared to 290 from April $ 315,243 of 2016 in and April 2015 of . 2016 and down 2.8 % from $ 345,869 310 270 last month . April 2017 ASP was at the highest level compared to 290 250 April of 2016 and 2015 .
270 230
250 210
230 190
210 170
190 150
170 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A
150 14
15 16
17 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14
15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of April Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 4,233 Inventory , up 5.6 % of from Properties 4,008 available last month for and sale as up of 31.0 April % from 6,000
3.0 was 3,231 4,233 in , April up 5.6 of % last from year 4,008 . April last 2017 month Inventory and up 31.0 was % at from its 6,000 5,000
3.0 2.5
3,231 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its . 5,000
2.5 highest level compared with April of 2016 and 2015 .
4,000 2.0
4,000 2.0
3,000 1.5
3,000 1.5
A comparatively lower MSI is more beneficial for sellers while a 2,000 1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 2.2 a 2,000 1.0
1,000 0.5 higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 2.2 of 2016 and 1,000 0.5 months 2015 . was at its highest level compared with April of 2016 and 0 0.0
2015 . 0
M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
0.0 F M A
M J
14 J A S O N D J F M
15
A M J J A S O N D J F M 16 A M J J A S O N D J F M A
17 14
15 16
17
1,868
2,151 2,248 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,271 2,343 2,188 1,983 1,899 1,539 2,040 1,357 1,651 2,139 2,194 2,247 2,272 2,037 2,266 2,071 1,853 1,832 1,892 1,340 1,512 2,148 1,959
4,559 4,606 4,724 4,786
4,378
4,559 4,606 4,724 4,786
4,378 3,959
3,520 2,895 2,929 1,453 1,740 1,151
3,959
3,520 2,895 2,929
1,476 1,944
2,878 2,838
2,878 2,838 3,072 3,262 3,499
Number of Properties Sold
1,969 2,146 2,271 2,343 2,188 1,983 1,899 1,539
3,777 3,835 3,815 3,737 3,533 2,995 3,042 3,067 3,175
3,072 3,262 3,499 3,777 3,835 3,815 3,737 3,533
2,040 1,357
2,995 3,042 3,067 1,651 2,139
3,175 3,231
2,194 3,303
3,231 3,303 3,606 3,756 3,687
2,247 2,272 2,037 2,266 2,071
3,932 3,923 3,737 3,254 3,498 3,652
4,008
3 Mo Avg
1,853
3,606 3,756 3,687 3,932 3,923 3,737
1,832 1,892 1,340
3,254
4,233 3,498
3,652
3 Mo Avg
1,512 2,148
4,008 4,233
1,959
12 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of North Texas Real Estate Information Systems , Inc ., Greater Tyler Association of REALTORS and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .