DFW ARCHIVED June 2016 | Page 32

Smith Community Information | School District

Smith Community Information | School District

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
$ 274,150
-0%
28 %
Average List Price of all Current Listings
$ 360,059
1 %
22 %
June Median Sales Price
$ 184,750
3 %
4 %
-0%
9 %
$ 178,100
5 %
5 %
June Average Sales Price
$ 227,455
1 %
4 %
3 %
12 %
$ 216,642
6 %
7 %
Total Properties Currently for Sale ( Inventory )
1,162
11 %
6 %
June Number of Properties Sold
314
14 %
0 %
1,414
6 %
June Average Days on Market ( Solds )
60
0 %
-6%
-9%
-12%
66
-7%
-3%
Asking Price per Square Foot ( based on New Listings )
$ 112
2 %
2 %
9 %
10 %
$ 111
9 %
9 %
June Sold Price per Square Foot
$ 101
2 %
2 %
6 %
10 %
$ 98
8 %
7 %
June Month ' s Supply of Inventory
3.7
-2%
-6%
6 %
-23%
4.7
-4%
-1%
June Sale Price vs List Price Ratio
96.4 %
. 7 %
. 9 %
1.5 %
2.0 %
95.1 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales June Property sales were 314 , up 0.3 % from 313 in June of 2015 and 13.8 % higher than the 276 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 1,414 are running 6.2 % ahead of last year ' s year-to-date sales of 1,331 .
350 300 250 200
Number of Properties Sold
3 Mo Avg
150
100
50
Prices The Median Sales Price in June was $ 184,750 , down 0.1 % from $ 185,000 in June of 2015 and up 2.6 % from $ 180,064 last month . The Average Sales Price in June was $ 227,455 , up 2.9 % from $ 221,022 in June of 2015 and up 1.4 % from $ 224,317 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
0
240 220 200 180
260 245 233 189 183 151 148 156 192 219 254 283 226 232 244 239 204 226 152 147 240 223 256 313 306 316 228 235 171 231 168 185 226 245 276 314
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
160
140
120
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 J
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of June was 1,162 , up 11.3 % from 1,044 last month and up 6.3 % from 1,093 in June of last year . June 2016 Inventory was at a mid level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 3.7 months was at a mid level compared with June of 2015 and 2014 .
1,600 1,600
1,400 1,400
1,200 1,200
1,000 1,000
800 800
600
600 400
400
200 200
0 0
1,488 1,482 1,453 1,390 1,322 1,202 1,203
J 13
Total Inventory & Month ' s Supply of Inventory ( MSI )
1,488 1,482 1,453 1,390 1,322
1,293
1,173 1,202 1,241
1,203 1,293 1,173 1,239 1,241 1,287
1,399 1,366
1,239
1,287 1,399 1,366 1,275 1,211
1,101
1,275
1,211 1,101 983 960
983 960 984 1,008 1,058 1,090 1,093
984 1,008 1,058 1,090 1,093
1,124 1,107 1,163 1,160 1,103 1,018 1,041 1,077
1,124 1,107 1,163 1,160 1,103 1,018 1,041 1,077 1,049 1,058 1,044
1,162
A SJ OA NS DO JN FD
MJ AF MJA JMA J S JO AN SD OJ
NF DM AJ MF MJ AJ AM SJ OJ NA DS JOFNM DA JM J
13 14 14
15 15
16 16
9.0 8.0 7.0 6.0 5.0
1,049 1,058 1,044
1,162
4.0 3.0 2.0 1.0 0.0 F M A M J
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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