DFW ARCHIVED April 2017 | Page 16

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

County : Ellis

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
$ 324,990
2 %
18 %
Average List Price of all Current Listings
$ 346,500
4 %
22 %
April Median Sales Price
$ 239,990
1 %
5 %
17 %
12 %
$ 229,000
15 %
7 %
April Average Sales Price
$ 244,761
-0%
1 %
10 %
6 %
$ 242,491
10 %
5 %
Total Properties Currently for Sale ( Inventory )
475
7 %
12 %
April Number of Properties Sold
215
-0%
-2%
744
5 %
April Average Days on Market ( Solds )
50 -12% -9% -11%
4 %
55
2 %
15 %
Asking Price per Square Foot ( based on New Listings )
$ 116
5 %
4 %
13 %
10 %
$ 112
11 %
7 %
April Sold Price per Square Foot
$ 105
-1%
0 %
8 %
5 %
$ 105
9 %
5 %
April Month ' s Supply of Inventory
2.2
7 %
-2%
14 %
2 %
2.4
-7%
10 %
April Sale Price vs List Price Ratio
97.7 %
1.6 % 1.0 %
. 6 %
. 4 %
96.8 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
April Property sales were 215 , down 1.8 % from 219 in April of
2016 and 0.5 % lower than the 216 sales last month . April 2017
300
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
350
April Property YTD sales sales of were 744 are 215 , running down 1.85.4 % % from ahead 219 of in last April year of ' s yearto-date
250
and sales 0.5 % of lower 706 than . the 216 sales last month . April 2017
2016 sales were at a mid level compared to April of 2016 and 2015 .
300
200
April YTD sales of 744 are running 5.4 % ahead of last year ' s yearto-date
250
sales of 706 .
150
200
100
150
50
100
50
0
Number of Properties Sold
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
J
J
A S O N D
J
FMedian M A M JSales
J A SPrice O N Dand
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Median Sales Price and Average Sales Price
201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 219 234 286 242 253 250 189 205 200 144 169 216 215
0
Prices
M
The Median Sales Price in April was $ 239,990 , up 17.1 % from
Prices
$ 205,000 in April of 2016 and up 1.3 % from $ 237,012 last
The month Median . The Sales Average Price Sales in April Price was in $ 239,990 April was , up $ 244,761 17.1 % from , up
250
$
10.0 205,000 % from in April $ 222,541 of 2016 in April and up of 1.3 2016 % from and $ down 237,012 0.3 last % from month . The Average Sales Price in April $ 244,761 , up
240
$ 245,569 last month . April 2017 ASP was at the highest level
10.0 compared % from $ to 222,541 April of in 2016 April and of 2016 2015 and . down 0.3 % from
230
$ 245,569 last month . April 2017 ASP was at the highest level
220
14
250
240
230
220
210
200
3 Mo Avg
compared to April of 2016 and 2015 .
210
200
190
180
170
160
150
190
180
170
160
150
M
14
M
J
J
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
15
16
17
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
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 475 , Inventory up 6.7 % from of Properties 445 last available month and for up sale 11.5 as of % from April 426 in was
April 475 of , up last 6.7 year % from . April 4452017 last month Inventory and was up 11.5 at % its from highest 426 level in
700
700
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.0
April compared of last year with . April of 2017 2016 Inventory and 2015 was . at its highest level
600
500
3.5
compared with April of 2016 and 2015 .
500
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 2.2 a
200 higher months MSI was is better at a mid for level buyers compared . The April with 2017 April MSI of of 2016 2.2 and months was at a mid level compared with April of 2016 and
100
2015 .
2015 .
0
3.0
400
2.5
300
2.0
200
1.5
100
1.0
0.5
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
580 577
201 580 582

Ellis

199 577
612 545
Agent Name
210 582
Title Phone Website Other

Community Information | School District

212 612 507
170 170 151 170 119 138 200
Number of Properties Sold
167 227 228 249 229 223 198
3 Mo Avg
454 545
420 507
417 454 412 420
398
417 427
412
428 398 457 427 499 428
449
457 448 448
499
417 449
407 448
421 448
448 417
432 407
426 421
425 448
448 432
466 426
489 425
472 448 467 466
437 489
407 472
405 467
424
437 445 407 475 405
178 185 132 140 215 219 234 286 242 253 250 189 205 200 144 424
3 Mo Avg
169
445 216
475 215
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
16 | 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 .