DFW ARCHIVED April 2017 | Page 8

Market Action Report
County: Cherokee
Cherokee
Agent Name
Title
Phone
Agent
Name
Website
Other
Title
Market Action Report
April 2017
Community Information | School District
Price Range: All | Properties: SFH - Con
Phone
Month
Website
$265,000
Other
Market Profile & Trends Overview
Median List Price of all Current Listings
LM
Trending versus*:
L3M PYM
LY
8%
56%
$314,767 Trending
2% versus*:
19%
$136,250
Month
LM -7%
L3M -6%
PYM 5%
LY
$265,000
8% -13% -10%
56% -6%
$157,331
$314,767 208
2% 6% 19% 25%
$136,250 -7%
-6% 5% 4%
6%
24 20%
$157,331 119
-13% -8%
-10% -4%
-6% 75%
-6%
208 $125
6% 16% 5%
25% 34%
24 20%
4%
$87 9% 6%
5%
119 -8% -4% 75% 21%
8.7 -12% -8% 20%
$125 16% 5% 34% 32%
91.2% 4.7% 2.5% -.1%
Price Range: All | Properties: SFH - Con
Average List Price of all Current Listings
April Median
Sales
Price Overview
Market
Profile
& Trends
Median
List Price
of all Price
Current Listings
April Average
Sales
Average
List Price of
all Current
Total Properties
Currently
for Listings
Sale (Inventory)
April
Sales
Price
April Median
Number
of Properties
Sold
April
Sales
Price
April Average
Average
Days
on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking Price per Square Foot (based on New Listings)
April Number of Properties Sold
April Sold Price per Square Foot
April Average Days on Market (Solds)
April Month's Supply of Inventory
Asking Price per Square Foot (based on New Listings)
April Sale Price vs List Price Ratio
April
Sold Price per Square Foot
$87
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Sale Price vs List Price Ratio
Property
Sales
* LM=Last
Month / L3M=Last
3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
40
Prices
The Median Sales Price in April was $136,250, up 4.8% from
$130,000 in April of 2016 and down 7.0% from $146,500 last
Prices
month.
The
Average
Price
April was
down
The
Median
Sales
Price Sales
in April
was in
$136,250,
up $157,331,
4.8% from
350
6.2% from
in April
of 2016
and from
down
12.7% from
$130,000
in $167,722
April of 2016
and down
7.0%
$146,500
last
month.
The last
Average
Sales
Price
in April
down
$180,315
month.
April
2017
ASP was
was $157,331,
at a mid range
300
6.2%
from $167,722
2016
and down 12.7% from
compared
to April in
of April
2016 of
and
2015.
$180,315 last month. April 2017 ASP was at a mid range
compared to April of 2016 and 2015.
14
15
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
0
0
3 Mo Avg
5
5
3 Mo Avg
10
10
27%
25%
3%
27%
-1%
15
15
3% 13%
39% 4%
32%
-2%
27%
13%
25%
-1%
20
20
13%
4%
25
25
$145,500
12%
77
$174,618
9%
21%
124
32%
$119
77
3%
9%
$82
124
39%
8%
10.2
$119
32%
1.3%
89.0%
9%
30
30
$174,618
Number of Properties Sold
35
were at their highest level compared to April of 2016 and 2015.
April YTD sales of 77 are running 2.7% ahead of last year's year-
to-date sales of 75.
Trending versus*:
$145,500
YTD
Prior YTD 12%
Prior Year
9% 6% 5% 9%
$82
-2%
3%
8.7 -12% -8% 20% 8%
10.2
13%
27%
Number of 89.0%
Properties
91.2% 4.7% 2.5% -.1% 1.3%
-1% Sold -1%
April Month's Supply of Inventory
April Property sales were 24, up 4.3% from 23 in April of 2016
and 20.0% higher than the 20 sales last month. April 2017 sales
Property
Sales
were at their
highest level compared to April of 2016 and 2015. 40
April
sales
24,
up 4.3% 2.7%
from ahead
23 in April
2016 year-
April Property
YTD sales
of were
77 are
running
of last of year's
and
20.0%
higher
than the 20 sales last month. April 2017 sales 35
to-date
sales
of 75.
Trending versus*:
Prior YTD Prior Year
YTD
6%
-6%
County: Cherokee
April 2017
M J J A S O N D J F Median
M A M J Sales
J A S Price
O N D and
J F Average
M A M J Sales
J A S Price
O N D J F M A
3 Mo Avg
14
15
16
17
350
Median Sales Price and Average Sales Price
300
3 Mo Avg
250
250 200
200 150
150 100
100
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
14
15
16
17
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
14
15
16
17
200
150
A comparatively lower MSI is more beneficial for sellers while 100
a
A higher
comparatively
lower MSI
is more The
beneficial
sellers
MSI is better
for buyers.
April for
2017
MSI while
of 8.7 a
higher
MSI
is better
for buyers.
April 2017
MSI
of 8.7
months
was
at its highest
level The
compared
with
April
of 2016 and 50
months
2015. was at its highest level compared with April of 2016 and
0
2015.
18.0
16.0
14.0
150
12.0
10.0
100
8.0
6.0
50
4.0
2.0
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
A M J J A S O N D J F M A 17
15 A M J J A S O N D J F M 16
14
15
16
17
compared with April of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
was Total
208, Inventory
up 5.6% from
197 last available
month and
from 166 in 250
The
of Properties
for up
sale 25.3%
as of April
April
of up
last 5.6%
year. from
April
Inventory
at its from
highest
was
208,
197 2017
last month
and was
up 25.3%
166 level
in 250
200
compared
with April
2016
and 2015.
April
of last year.
April of
2017
Inventory
was at its highest level
Copyright © Coldwell Banker Residential Brokerage | Price Range: All | Property Types: SFH - Con
All e
| Property
8 Copyright
| © Coldwell
c o l Banker
d w Residential
e l l b Brokerage
a n k | e Price
r R ange:
hom
s . c Types:
o m 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
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
warrant
or guarantee
accuracy
of information.
this information.
It is responsibility
the responsibility
any or buyer
verify
and all information
to such consumer’s
estate transaction.
does
not not
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
seller or to seller
verify to any
and any
all information
relevant to relevant
such consumer’s
real estate real
transaction.
18.0
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0