DFW ARCHIVED June 2016 | Page 27

Market Action Report County: Kaufman June 2016 Kaufman Agent Name Title Phone Website Other Community Information | School District Price Range: All | Properties: SFH - Con Days On Market for Sold Properties Market Time The average Days On Market (DOM) shows how many days the average Property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for June was 34, down 10.5% from 38 days last month and down 10.5% from 38 days in June of last year. The June 2016 DOM was at its lowest level compared with June of 2015 and 2014. 3 Mo Avg 120 100 80 60 60 38 40 34 20 0 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 Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the 100 direction of Property values. Since Median Sales Price and 95 Average Sales price can be impacted by the 'mix' of high or low 90 end Properties in the market, the selling price per square foot is a 85 more normalized indicator on the direction of Property values. The June 2016 Selling Price per Square Foot of $95 was down 80 0.9% from $96 last month and up 7.8% from 88 in June of last 75 year. 70 65 60 55 50 3 Mo Avg 95 88 76 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 versus Listing Price Ratio 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 97.3% was down from 97.8% last month and down from 98.5% in June of last year. 3 Mo Avg Avg Selling Price divided by Avg Listing Price for sold properties during the month 98.5% 99% 98% 97% 96% 95% 94% 93% 92% 91% 90% 89% 97.3% 95.0% 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 Inventory / New Listings / Sales 374 352 328 330 329 318 301 314 303 339 326 339 337 339 320 291 292 283 345 321 441 463 452 488 470 449 464 447 560 543 278 200 388 300 453 400 559 500 567 600 554 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 263, down 2.2% from 269 last month and up 18.5% from 222 in June of last year. 100 0 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 Copyright © Coldwell Banker | 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 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. C O L DW EL L B A N K ER H O M ES.C O M | 27