DFW ARCHIVED June 2016 | Page 36

Van Zandt Community Information | School District

Van Zandt 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
$ 198,000
-2%
32 %
Average List Price of all Current Listings
$ 266,509
-3%
12 %
June Median Sales Price
$ 123,000
9 %
0 %
39 %
1 %
$ 120,000
9 %
-2%
June Average Sales Price
$ 165,706
19 %
1 %
18 %
16 %
$ 158,531
15 %
11 %
Total Properties Currently for Sale ( Inventory )
251
14 %
24 %
June Number of Properties Sold
57
27 %
2 %
266
-1%
June Average Days on Market ( Solds )
66
40 %
-4%
-19% -45%
83
-38%
-31%
Asking Price per Square Foot ( based on New Listings )
$ 93
4 %
0 %
8 %
7 %
$ 92
7 %
6 %
June Sold Price per Square Foot
$ 80
3 %
-5%
3 %
6 %
$ 82
12 %
8 %
June Month ' s Supply of Inventory
4.4
-10%
-4%
21 %
-27%
5.0
-4%
-17%
June Sale Price vs List Price Ratio
92.4 % -2.0%
. 1 %
2.9 %
2.3 %
92.1 %
3 %
2 %
* 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 57 , up 1.8 % from 56 in June of 2015 and 26.7 % higher than the 45 sales last month . June 2016 sales were at their highest level compared to June of 2015 and 2014 . June YTD sales of 266 are running 1.5 % behind last year ' s yearto-date sales of 270 .
60
50
40
Number of Properties Sold
3 Mo Avg
30
20
10
Prices The Median Sales Price in June was $ 123,000 , up 39.5 % from $ 88,200 in June of 2015 and up 9.3 % from $ 112,500 last month . The Average Sales Price in June was $ 165,706 , up 18.1 % from $ 140,339 in June of 2015 and up 18.7 % from $ 139,617 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
0
190 170 150 130
44 46 47 38 38 33 34 33 39 33 38 51 40 35 45 43 33 44 27 36 48 51 52 56 52 45 42 41 17 39 31 48 37 48 45 57
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
110 90 70 50
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 251 , up 14.1 % from 220 last month and up 23.6 % from 203 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 4.4 months was at a mid level compared with June of 2015 and 2014 .
450 400 350 300 250 200 150 100 50 0
450 400 350
413
J 13
417
300 250 200 150 100 50 0
413
409 417 405
Total Inventory & Month ' s Supply of Inventory ( MSI )
387 409
364 405
339 387
343 364
360 339 366
343 374 360 366 374
349 354 338
349 314
354 308
338 292
314 247
308 240
230
216 247
207 240
211 230
203 216
211 207
211 244
221 203
211 240 248
244 231 221
196 240
207 248
211
231 215 196 220 207 251 211
A JS OA NS DO NJ FD
MJ AF M JA JMA J S JOAN SD OJ
NF DM AJ MF MJ AJ MA SJ OJ NA DS JO FNM DA JM J
13 14 14
15 15
16 16
292
16.0 14.0 12.0 10.0 8.0
215
6.0
220
251
4.0 2.0 0.0 F M A M J
16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0
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