Denton Community Information | School District
Denton 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 |
$ 414,900 |
-1% |
|
11 % |
|
|
|
|
Average List Price of all Current Listings |
$ 513,736 |
0 % |
|
10 % |
|
|
|
|
April Median Sales Price |
$ 267,567 |
-2% |
3 % |
5 % |
7 % |
$ 260,200 |
7 % |
4 % |
April Average Sales Price |
$ 310,995 |
-2% |
1 % |
6 % |
5 % |
$ 306,536 |
7 % |
4 % |
Total Properties Currently for Sale ( Inventory ) |
2231 |
11 % |
|
26 % |
|
|
|
|
April Number of Properties Sold |
1133 |
-8% |
|
1 % |
|
3954 |
11 % |
|
April Average Days on Market ( Solds ) |
35 |
-19% -15% |
3 % |
-5% |
41 |
-5% |
11 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 128 |
-1% |
1 % |
9 % |
8 % |
$ 127 |
9 % |
7 % |
April Sold Price per Square Foot |
$ 121 |
2 % |
2 % |
9 % |
7 % |
$ 118 |
8 % |
4 % |
April Month ' s Supply of Inventory |
2.0 |
21 % |
4 % |
25 % |
10 % |
2.1 |
10 % |
17 % |
April Sale Price vs List Price Ratio |
98.8 % |
. 6 % |
. 6 % |
. 0 % |
. 7 % |
98.2 % |
0 % |
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 1,133 , up 1.1 % from 1,121 in April of 2015 and 8.4 % lower than the 1,237 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 3,954 are running 10.8 % ahead of last year ' s year-to-date sales of 3,568 .
Prices The Median Sales Price in April was $ 267,567 , up 4.9 % from $ 255,000 in April of 2015 and down 2.2 % from $ 273,505 last month . The Average Sales Price in April was $ 310,995 , up 6.5 % from $ 292,107 in April of 2015 and down 2.3 % from $ 318,375 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
Number of Properties Sold
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0 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 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
350 330 310 290 270 250 230 210 190 170 150
3 Mo Avg
1,355 1,296 1,390 1,381 1,070 940 837 848 593 740 1,007 1,083 1,277 1,427 1,415 1,358 1,085 1,067 794 1,013 634 777 1,036 1,121 1,329 1,529 1,495 1,411 1,213 1,024 814 1,085 667 917 1,237 1,133
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 2,231 , up 10.9 % from 2,011 last month and up 26.0 % from 1,771 in April of last year . April 2016 Inventory was at its highest 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 2.0 months was at its highest level compared with April of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
3,000 |
3,000 |
3.5 |
|
2,500
2,500
|
3.0 |
|
2,000
2,000
|
2.5 |
|
1,500
1,500
1,000
1,000
500
500
|
2.0
1.5
1.0
0.5
|
0 |
0 |
0.0 |
M |
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
|
F M A |
13 |
13 |
14 |
14 |
15 |
15 |
16 |
16 |
2,562 2,573 2,597 2,535 2,406
2,562 2,573 2,597 2,535 2,406 2,295
2,094 1,822 2,295
2,094 1,822 1,891
1,891 1,970 1,997 2,086 2,309 2,416 2,469 2,309 2,529 2,261
1,970 1,997 2,086
2,416 2,469 2,529
2,261 2,099
2,099
1,835 1,541 1,591
1,835 1,541
1,569 1,613
1,771 1,926
2,123 2,305 2,238
1,591 1,569 1,613
1,771 1,926
2,123 2,305 2,238 2,134 2,090 1,964
2,134 2,090 1,964 1,797 1,842 1,893 2,011
2,231
1,797 1,842 1,893 2,011
2,231
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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