DFW ARCHIVED April 2016 | Page 12

Dallas Community Information | School District

Dallas 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
$ 425,000
7 %
60 %
Average List Price of all Current Listings
$ 822,853
6 %
36 %
April Median Sales Price
$ 210,000
6 %
9 %
11 %
14 %
$ 192,000
8 %
4 %
April Average Sales Price
$ 320,996
5 %
9 %
1 %
10 %
$ 293,376
1 %
0 %
Total Properties Currently for Sale ( Inventory )
3625
7 %
18 %
April Number of Properties Sold
2090
-0%
6 %
7186
10 %
April Average Days on Market ( Solds )
33
-13% -15% -18% -13%
39
-13%
3 %
Asking Price per Square Foot ( based on New Listings )
$ 163
4 %
3 %
16 %
16 %
$ 158
13 %
13 %
April Sold Price per Square Foot
$ 139
3 %
6 %
7 %
10 %
$ 131
6 %
4 %
April Month ' s Supply of Inventory
1.7
7 %
-2%
11 %
-5%
1.9
2 %
5 %
April Sale Price vs List Price Ratio
98.4 %
. 7 %
. 9 %
. 6 %
1.3 %
97.5 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 2,090 , up 6.1 % from 1,969 in April of 2015 and 0.5 % lower than the 2,100 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 7,186 are running 9.9 % ahead of last year ' s year-to-date sales of 6,540 .
2,500
2,000
1,500
Number of Properties Sold
3 Mo Avg
1,000
500
Prices The Median Sales Price in April was $ 210,000 , up 10.8 % from $ 189,500 in April of 2015 and up 6.1 % from $ 198,000 last month . The Average Sales Price in April was $ 320,996 , up 1.2 % from $ 317,273 in April of 2015 and up 4.9 % from $ 306,043 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
0
350
300
250
200
2,277 2,198 2,253 2,187 1,777 1,762 1,481 1,639 1,203 1,444 1,768 1,959 2,151 2,247 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,270 2,342 2,188 1,982 1,899 1,535 2,032 1,353 1,643 2,100 2,090
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 O N D
J
F M A
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
150
100
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
O N D
J
F M A
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of April was 3,625 , up 6.7 % from 3,396 last month and up 17.6 % from 3,082 in April of last year . April 2016 Inventory was at a mid level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 1.7 months was at a mid level compared with April of 2015 and 2014 .
6,000 6,000
5,000 5,000
4,000 4,000
3,000 3,000
2,000 2,000
1,000 1,000 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
4,948 4,981 5,097 5,165 5,074 5,020 4,791 4,197 4,185 4,139
M
13
4,948 4,981 5,097 5,165 5,074 5,020 4,791 4,197 4,185 4,139 4,100 4,286
4,100 4,286 4,560 4,607
4,560 4,607 4,725 4,788 4,382
4,725 4,788
4,382 3,964
3,526 2,900
2,934 3,964
2,886 3,526
2,849 2,900
3,082 2,934
2,886 3,274
3,519 3,805 3,869
2,849 3,082
3,871 3,804 3,606 3,075 3,173 3,224 3,396
3,274
3,519 3,805 3,869 3,871 3,804 3,606
0 J MJ AJ SJ OA NS DO JN FD MJ
AF MJ AJ MA JS JO AN SD OJ
NF MD AJ MF MJ JA AM SJ OJ NA DS J OF NM DA
J
13
14 14
15 15 16
3,625
4.0 3.5 3.0 2.5 2.0
3,075 3,173 3,224
1.5
3,396
3,625
1.0 0.5 0.0 F M A
16
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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