DFW ARCHIVED April 2017 | Page 34

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

County : Tarrant

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
$ 329,000
1 %
14 %
Average List Price of all Current Listings
$ 488,777
2 %
18 %
April Median Sales Price
$ 218,000
1 %
3 %
14 %
10 %
$ 211,000
13 %
7 %
April Average Sales Price
$ 269,422
4 %
4 %
13 %
10 %
$ 258,777
12 %
6 %
Total Properties Currently for Sale ( Inventory )
3,931
10 %
18 %
April Number of Properties Sold
2,150
-5%
-8%
7,585
-3%
April Average Days on Market ( Solds )
29 -22% -22% -12% -15%
37
-8%
9 %
Asking Price per Square Foot ( based on New Listings )
$ 121
-2%
0 %
9 %
8 %
$ 121
10 %
8 %
April Sold Price per Square Foot
$ 116
3 %
4 %
13 %
10 %
$ 112
12 %
6 %
April Month ' s Supply of Inventory
1.8
16 %
4 %
29 %
16 %
1.9
16 %
20 %
April Sale Price vs List Price Ratio
99.0 %
. 8 %
. 9 %
. 4 %
1.0 %
98.2 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
3,000 April Property sales were 2,150 , down 8.0 % from 2,338 in April of 2016 and 5.4 % lower than the 2,273 sales last month . April
2,500 Property 2017 sales Sales were at a mid level compared to April of 2016 and 3,000 April 2015 Property . April YTD sales sales were of 2,150 7,585 , down are running 8.0 % from 3.52,338 % behind April last
2,000 of year 2016 ' s year-to-date and 5.4 % lower sales than of the 7,859 2,273 . sales last month . April
2,500
2017 sales were at a mid level compared to April of 2016 and 2015 . April YTD sales of 7,585 are running 3.5 % behind last 1,500
2,000 year ' s year-to-date sales of 7,859 .
1,000 1,500
1,000

Tarrant

500
2,498 2,529
Agent Name
Title Phone Website Other

Community Information | School District

2,518 2,425 2,122
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 $ 218,000 , up 13.5 % from
Prices $ 192,000 in April of 2016 and up 1.4 % from $ 215,000 last 290 Median Sales Price and Average Sales Price
3 Mo Avg
The month Median . The Sales Average Price Sales in April Price was in $ 218,000 April was , up $ 269,422 13.5 % from , up $ 12.8 192,000 % from in April $ 238,907 of 2016 in and April up of 1.42016 % from and $ up 215,000 3.9 % last from 270
290 month $ 259,381 . The last Average month Sales . April Price 2017 in April ASP was $ at 269,422 the highest , up level 250
12.8 compared % from $ to 238,907 April of in 2016 April and of 2016 2015 and . up 3.9 % from 270 $ 259,381 last month . April 2017 ASP was at the highest level 230
250 compared to April of 2016 and 2015 . 230
210
210 190
190 170
170 150 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 3,931 Inventory , up 10.0 of % Properties from 3,573 available last month for sale and as up of 18.3 April % from 6,000
2.5 was 3,323 3,931 in , April up 10.0 of % last from year 3,573 . April last 2017 month Inventory and up 18.3 was % at from its 6,000 5,000
2.5 2.0
3,323 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its . 5,000
2.0 highest level compared with April of 2016 and 2015 .
4,000 1.5
4,000 3,000
1.5
3,000 1.0
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 1.8 a 2,000 1,000
0.5 higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 1.8 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
2,498 2,529 2,518 2,425 2,122 2,166 1,582 1,921 1,307 1,447 2,071 2,122 2,450 2,738 2,745 2,680 2,279 2,022 1,696 2,179 1,501 1,745 2,275 2,338 2,425 2,746 2,534 2,714 2,394 2,188 2,037 2,107 1,429 1,733 2,273 2,150
4,724 4,945 5,047 5,107
4,592
4,724 4,945 5,047 5,107
4,592 4,044
3,573
3,009 2,166 1,582 1,921 1,307
4,044
3,573 3,009 3,061
1,447 2,071
3,061 3,089 3,125 3,282 3,089 3,518 3,125 3,770
Number of Properties Sold
2,122 2,450 2,738 2,745 2,680 2,279 2,022 1,696
4,019 4,063 4,099 3,957 3,648 3,208 3,035 3,060 3,086
3,282 3,518 3,770 4,019 4,063 4,099 3,957 3,648
2,179 1,501 1,745
3,323 3,330
3,692 2,275
3,208 3,035 3,060 3,086 3,323 2,338 2,425 2,746 2,534 2,714 2,394
3,961 3,921 3,901 3,864 3,544 3,290 3,254 3,290 3,573
3 Mo Avg
2,188 2,037
3,330 3,692 3,961 3,921 3,901 3,864 3,544 3,290
2,107 1,429
3,931 3,254
3,290
3 Mo Avg
1,733 2,273
3,573 3,931
2,150
34 | 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 .