DFW ARCHIVED June 2016 | Page 19

Henderson Community Information | School District

Henderson Community Information | School District

Market Time 200
The average Days On Market ( DOM ) shows how many days the
180 average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a 160 Buyer ' s market , a downward trend a move towards more of a 140 Seller ' s market . The DOM for June was 100 , down 9.1 % from 110
120 days last month and down 13.0 % from 115 days in June of last year . The June 2016 DOM was at its lowest level compared with 100 June of 2015 and 2014 .
80 60 40 20 0
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The June 2016 Selling Price per Square Foot of $ 100 was down 12.9 % from $ 115 last month and down 0.4 % from 101 in June of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The June 2016 Selling Price vs Original List Price of 90.2 % was down from 92.1 % last month and up from 90.0 % in June of last year .
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in June 2016 was 158 , up 18.8 % from 133 last month and up 33.9 % from 118 in June of last year .
150 140 130 120 110 100 90 80 70 60 50
96 % 94 % 92 % 90 % 88 % 86 % 84 % 82 % 80 % 78 %
800 700 600 500 400 300 200 100
0
Days On Market for Sold Properties
115 115
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 M
J
13
14
15
16
Selling Price per Square Foot
3 Mo Avg
84
Selling Price versus Listing Price Ratio
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 M
J
13
14
15
16
Inventory / New Listings / Sales
100
101 100
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 M
13
14
15
16
658 651 631 611
549 482
533
Avg Selling Price divided by Avg Listing Price for sold properties during the month
546 575 602
651
90.5 %
662 603
543 488
437
393 327 348
381 430 450
493
90.0 % 90.2 %
484
466 497 479 481 454 448 472
534
3 Mo Avg
3 Mo Avg
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 M
13
14
15
16
598 621 637
J
669
J
COLDWELLBANKERHOMES . COM | 19