Market Action Report April 2017
Community Information | School District
Market Action Report April 2017
County : Smith
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 |
$ 284,000 |
1 % |
|
17 % |
|
|
|
|
Average List Price of all Current Listings |
$ 360,952 |
1 % |
|
12 % |
|
|
|
|
April Median Sales Price |
$ 187,725 |
1 % |
1 % |
10 % |
5 % |
$ 185,000 |
7 % |
4 % |
April Average Sales Price |
$ 232,720 |
8 % |
4 % |
13 % |
8 % |
$ 224,031 |
7 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
1,298 |
13 % |
|
10 % |
|
|
|
|
April Number of Properties Sold |
226 -23% |
-9% |
886 |
7 % |
April Average Days on Market ( Solds ) |
67 |
-6% |
-3% |
-6% |
5 % |
69 |
-3% |
8 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 120 |
3 % |
3 % |
12 % |
11 % |
$ 116 |
6 % |
7 % |
April Sold Price per Square Foot |
$ 100 |
0 % |
2 % |
3 % |
2 % |
$ 98 |
2 % |
0 % |
April Month ' s Supply of Inventory |
5.7 |
46 % |
16 % |
21 % |
14 % |
5.5 |
-2% |
8 % |
April Sale Price vs List Price Ratio |
95.1 % |
-. 1 % |
. 1 % |
. 0 % |
. 1 % |
95.0 % |
1 % |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Smith
Agent Name
Title Phone Website Other
Community Information | School District
Number of Properties Sold
3 Mo Avg
Property Sales 350
April Property sales were 226 , down 8.9 % from 248 in April of Number of Properties Sold
3 Mo Avg
2016 and 22.6 % lower than the 292 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 886 are 226 running , down 8.9 6.7 %% from ahead 248 of in last April year of ' s yearto-date and sales 22.6 % of lower 830 . than the 292 sales last month . April 2017 300
250
2016 sales were at a mid level compared to April of 2016 and 2015 . 200 April YTD sales of 886 are running 6.7 % ahead of last year ' s yearto-date sales of 830 .
150
250 200
100
150 50
100 0
50
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 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 14
15 16
17 3 Mo Avg
The Median Sales Price in April was $ 187,725 , up 10.4 % from 250
Prices $ 170,000 in April of 2016 and up 0.6 % from $ 186,600 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in April Price was in $ 187,725 April was , up $ 10.4 232,720 % from , up
240
250 $ 13.4 170,000 % from in April $ 205,224 of 2016 in and April up of 0.6 2016 % from and $ up 186,600 7.7 % from last
230 month . The Average Sales Price in April $ 232,720 , up
240
$ 216,063 last month . April 2017 ASP was at the highest level 220 13.4 compared % from $ to 205,224 April of in 2016 April and of 2016 2015 and . up 7.7 % from 230 210 $ 216,063 last month . April 2017 ASP was at the highest level 220 200 compared to April of 2016 and 2015 .
210 190
200 180
190 170
180 160
170 150
160 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 1,298 Inventory , up 13.1 % of from Properties 1,148 available last month for and sale up as of 10.3 April % from 1,600 was 1,177 1,298 in April , up 13.1 of % last from year 1,148 . April last 2017 month Inventory and up 10.3 was % at from its highest 1,6001,400
8.0
1,177 level in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its highest 1,4001,200 7.0 level compared with April of 2016 and 2015 . 1,2001,000
6.0
1,000 800 5.0
800 600 4.0
A comparatively lower MSI is more beneficial for sellers while a 600
3.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 5.7 a 400 higher MSI is better for buyers . The April 2017 MSI of 5.7
400
2.0 months was at its highest level compared with April of 2016 and 200 months was at its highest level compared with April of 2016 and 200
1.0 2015 .
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
254 283 226 232 244 239 204
254 283 226 232 244 239 204 226 153 147 240 223 256 313 306 316 228 235 171 231 169 185 228 248 277 331 280 309 275 235 197 200 158 210 292 226
1,247
1,294 1,406 1,373 1,282 1,219
1,247
1,294 1,406 1,373 1,282 1,219 1,110 992 968 226 153
1,110 992 968 147 240 223 256
992 1,016 1,069 1,106 1,110 1,143 1,127 313 306 316 228 235 171 231 169 185
992 1,016 1,069 1,106 1,110 1,143 1,127 1,186 1,195 1,137 1,057 1,091 1,135 1,135 228 248 277 331 280 309 275 235
1,177 1,179 1,217 1,268 1,275 1,244 1,236 1,223 1,120
1,298 1,104
1,091
1,186 1,195 1,137 1,057 1,091 1,135 1,135 1,177 1,179 1,217 1,268 1,275 1,244 1,236 1,223 1,120 1,104 1,091 1,148 197 200 158 210 292
1,148 1,298
226
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
32 | 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 .