DFW ARCHIVED April 2016 | Page 16

Ellis Community Information | School District

Ellis 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
$ 279,900
0 %
19 %
Average List Price of all Current Listings
$ 303,840
3 %
4 %
April Median Sales Price
$ 206,500
-3%
3 %
7 %
12 %
$ 200,000
13 %
8 %
April Average Sales Price
$ 220,660
-1%
1 %
7 %
9 %
$ 219,556
14 %
8 %
Total Properties Currently for Sale ( Inventory )
467
4 %
9 %
April Number of Properties Sold
212
-0%
27 %
697
12 %
April Average Days on Market ( Solds )
56
8 %
4 %
-5%
6 %
54
-23%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 105
5 %
3 %
15 %
6 %
$ 102
-1%
3 %
April Sold Price per Square Foot
$ 97
0 %
2 %
8 %
6 %
$ 95
10 %
4 %
April Month ' s Supply of Inventory
2.2
4 %
-13% -14%
-6%
2.7
-2%
17 %
April Sale Price vs List Price Ratio
97.0 %
. 2 %
. 4 %
-. 6 %
. 5 %
96.6 %
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 212 , up 26.9 % from 167 in April of 2015 and 0.5 % lower than the 213 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 697 are running 11.7 % ahead of last year ' s year-to-date sales of 624 .
300
250
200
Number of Properties Sold
3 Mo Avg
150
100
50
Prices The Median Sales Price in April was $ 206,500 , up 7.0 % from $ 193,000 in April of 2015 and down 2.6 % from $ 212,000 last month . The Average Sales Price in April was $ 220,660 , up 7.0 % from $ 206,180 in April of 2015 and down 1.5 % from $ 223,947 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
0
240 220 200 180 160 140 120 100
186 168 188 196 167 135 132 127 125 144 176 166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 222 198 178 185 132 140 213 212
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
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
Inventory & MSI The Total Inventory of Properties available for sale as of April was 467 , up 3.8 % from 450 last month and up 9.1 % from 428 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 2.2 months was at its lowest level compared with April of 2015 and 2014 .
800 700 600 500 400 300 200 100
0
800 700 600
Total Inventory & Month ' s Supply of Inventory ( MSI )
648 695
695 648
688 695
641 695
665 688
623 641
583 665
586 623 566
583 571
586
559 566 581
571 578 559 583 581 613 578
546 508
583
455 613
421 546
418 508
413 455
399 421
428 418
430 413
399 460
428 505
455 430
455 460 456
505
426 455
416 455
436
456 459 426 450 416 467 436
500 400 300 200 100 0
M 13
0.0
J
MJ
AJ
SJ
OA
NS DO JN FD
MJ
AF MJ A JMA
JS JO AN SD
OJ
NF MD
AJ
MF MJ JA AM SJ
OJ
NA
DS
JOFNM DA
J
F M A
13
14
14
15
15
16
16
6.0 5.0
4.0 3.0
459
2.0
1.0
450
467
6.0 5.0 4.0 3.0 2.0 1.0 0.0
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