DFW ARCHIVED July 2017 | Page 20

Market Action Report
July 2017
County: Tarrant
TARRANT
Market Action Report
Agent Name
July 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,499,000
0%
3%
Community
Information | School District
County: Tarrant
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,990,125 Trending
2%
2%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,340,000
12% 3% -6%
3% YTD
$1,287,500
-1%
-1%
$1,499,000 0%
3%
$1,610,584 10% 7% 9% 12% $1,457,833
-1%
2%
$1,990,125 2%
2%
287 7%
49%
$1,340,000 12% 3% -6% 3% $1,287,500
-1%
-1%
35 35%
84%
172
40%
$1,610,584 10% 7% 9% 12% $1,457,833
-1%
2%
114
-1%
-3%
287 92
7% 24% -3%
49% 8% -22%
$313
0%
6%
-20%
6%
$297
-3%
1%
35 35%
84%
172
40%
July
Sold
Price
per
Square
Foot
$285
20%
11%
0%
12%
$249
-4%
-2%
July Average Days on Market (Solds)
92 24% -3% 8% -22%
114
-1%
-3%
July Month's
Inventory
9.5
Asking
Price per Supply
Square of Foot
(based on New Listings)
$313 8.2
0% -20%
6% -8%
-20% -19%
6% -22% $297
-3% -19% 1% -10%
July Sold
Sale Price
Price per
vs Square
List Price
Ratio
0%
July
Foot
$285 91.4%
20% -1.6%
11% -1.2%
0% -1.2%
12% -.6% $249 92.1%
-4% -1% -2%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Month's Supply of Inventory
8.2 -20% -8% -19% -22%
9.5 -19%
-10%
of 92.1%
Properties
July Sale Price vs List Price Ratio
91.4% -1.6% -1.2% -1.2% Number
-.6%
-1% Sold 0%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median Sales Price
Median List Price of all Current Listings
July Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
July Median Sales Price
July Number of Properties Sold
July Average Sales Price
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
25
20
15
10
Prices
18
The Median Sales Price in July was $1,340,000, down 6.0%
1,800
Prices
from $1,425,000 in July of 2016 and up 11.9% from $1,197,500
The
in July
was
$1,340,000,
down
6.0%
last Median
month. Sales
The Price
Average
Sales
Price
in July was
$1,610,584,
up 1,800 1,700
from
in July in
of 2016
up and
11.9%
$1,197,500
8.5% $1,425,000
from $1,484,118
July of and
2016
up from
10.4%
from
last
month. The
July
was at $1,610,584,
$1,459,083
last Average
month. Sales
July Price
2017 in
ASP
was
the highest up
level 1,700 1,600
8.5%
from
$1,484,118
in
July
of
2016
and
up
10.4%
from
compared to July of 2016 and 2015.
1,600 1,500
$1,459,083 last month. July 2017 ASP was at the highest level
compared to July of 2016 and 2015.
Median Sales Price and Average Sales Price
16
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 M J J
14
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 M J J
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
0
0
5
5
10
15
3 Mo Avg
30
20
Number of Properties Sold
35
July Property sales were 35, up 84.2% from 19 in July of 2016
and 34.6% higher than the 26 sales last month. July 2017 sales
Property Sales
were at their highest level compared to July of 2016 and 2015. 40
July Property sales were 35, up 84.2% from 19 in July of 2016
July YTD sales of 172 are running 39.8% ahead of last year's 35
and 34.6% higher than the 26 sales last month. July 2017 sales
year-to-date sales of 123.
were at their highest level compared to July of 2016 and 2015.
30
July YTD sales of 172 are running 39.8% ahead of last year's
year-to-date sales of 123.
25
40
Property Sales
3 Mo Avg
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
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 M J J
A S 14
O N D J F 15
M 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 17
A M J J
14
15
16
17
250
200
25.0
200
compared with July of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Copyright
© Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
20
coldwellbankerluxury.com
Copyright
© | Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
150
A comparatively lower MSI is more beneficial for sellers while a 150 100
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
100
MSI is better for buyers. The July 2017 MSI of 8.2
higher MSI is better for buyers. The July 2017 MSI of 8.2
months was at a mid level compared with July of 2016 and 2015. 50 50
months was at a mid level compared with July of 2016 and 2015.
0
0
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
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 M J J
14
15
16
17
14
15
16
17
Data
provided
courtesy
of North
Texas
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
not all reflect
all real
relevant
estate Coldwell
activity. Banker
Coldwell
Banker Residential
Data
is is
provided
courtesy
of North
Texas
Real Real
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
and may and
not may
reflect
relevant
estate real
activity.
Residential
Brokerage Brokerage
does not not
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
The
of Properties
for up
sale 49.5%
as of from
July 192 in 350
was Total
287, Inventory
up 7.5% from
267 last available
month and
was
287,
up 7.5%
last Inventory
month and
up at
49.5%
from 192
in 350 300
July
of last
year. from
July 267
2017
was
its highest
level
July
of last year.
Inventory
was at its highest level
300
c