DFW ARCHIVED April 2017 | Page 38

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

County : Wise

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
$ 275,000
-1%
10 %
Average List Price of all Current Listings
$ 312,748
1 %
9 %
April Median Sales Price
$ 220,000
19 %
19 %
38 %
26 %
$ 185,000
16 %
6 %
April Average Sales Price
$ 239,718
12 %
12 %
33 %
17 %
$ 213,990
17 %
4 %
Total Properties Currently for Sale ( Inventory )
332
8 %
50 %
April Number of Properties Sold
67 -26%
-7%
261
11 %
April Average Days on Market ( Solds )
61 -27% -12% 22 %
-3%
69
-7%
10 %
Asking Price per Square Foot ( based on New Listings )
$ 120
3 %
3 %
3 %
7 %
$ 116
1 %
4 %
April Sold Price per Square Foot
$ 112
5 %
9 %
20 %
13 %
$ 103
11 %
4 %
April Month ' s Supply of Inventory
5.0
45 %
7 %
61 %
37 %
4.7
25 %
31 %
April Sale Price vs List Price Ratio
94.0 % -1.5% -1.2% -2.4% -1.9%
95.2 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
100
April Property sales were 67 , down 6.9 % from 72 in April of
2016 and 25.6 % lower than the 90 sales last month . April 2017
90
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
100
80
April Property YTD sales sales of were 261 are 67 , running down 6.911.1 % from % ahead 72 in of April last of year ' s
2016 year-to-date and 25.6 % sales lower of than 235 . the 90 sales last month . April 2017 sales were at a mid level compared to April of 2016 and 2015 .
90
80
70
60
April YTD sales of 261 are running 11.1 % ahead of last year ' s
70
50
year-to-date sales of 235 .
60
40
50
30
40 30
20 10
Number of Properties Sold
20
0
10
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
The Median Sales Price in April was $ 220,000 , up 38.4 % from
M
14
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
Prices
$ 158,950 in April of 2016 and up 18.9 % from $ 185,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 220,000 April was , up $ 239,718 38.4 % from , up
$
32.6 158,950 % from in April $ 180,812 of 2016 in and April up of 18.9 2016 % from and up $ 185,000 11.7 % from last
240
240
220
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 214,678 . The last Average month Sales . April Price 2017 in April ASP was $ at 239,718 the highest , up level
32.6 compared % from $ to 180,812 April of in 2016 April and of 2016 2015 and . up 11.7 % from
220
$ 214,678 last month . April 2017 ASP was at the highest level
200
200
180
compared to April of 2016 and 2015 .
180
160
160
140
140 120
54 68 63 64 71 56 54 54 35 44 60 60 86 63 83 74 63 71 61 49 51 48 64 72 71 81 80 94 74 73 50 77 55 49 90 67
120
100
100
M
M
14
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 332 , Inventory up 7.8 % from of Properties 308 last available month and for sale up 50.2 as of % April from 221 was in April 332 , up of 7.8 last % year from . April 308 last 2017 month Inventory and up was 50.2 at % its from highest 221 level
350
350
300
Total Inventory & Month ' s Supply of Inventory ( MSI )
7.0
7.0
6.0
in compared April of last with year April . April of 2016 2017 Inventory and 2015 . was at its highest level compared with April of 2016 and 2015 .
300
250
250
200
6.0
5.0
5.0
4.0
200
150
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while
150 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 5.0 a
100 higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 5.0 of 2016 and months was at its highest level compared with April of 2016 and
50
2015 .
2015 .
0
3.0
100
2.0
50
1.0
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
2.0
1.0
0.0
329 333

Wise

54 329 313
68 333
286 267
Agent Name
63 313
Title Phone Website Other

Community Information | School District

64 71 56 54 54 35 44 60
Number of Properties Sold
60 86 63 83 74 63 71
3 Mo Avg
264 286
234 267
203 264
206 234 211
203
214 206 227 211 234 214 253 227 263 234
241 253
251 230
263
230 241
228 251
212 230
210 230
226 228
221 212
217 210
236 226
246 221
250 217
236 275 265
246 288 250 271
275
277 265
272
288 308 271 332 277
61 49 51 48 64 72 71 81 80 94 74 73 50 77 55 272
3 Mo Avg
49
308 90
332 67
38 | 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 .