DFW ARCHIVED April 2016 | Page 19

Market Action Report

County: Henderson

April 2016

Henderson
Agent Name
Title
Phone
Website
Other

Community Information | School District
Price Range: All | Properties: SFH - Con

Days On Market for Sold Properties
Market Time

The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for April was 89, down 13.6% from
103 days last month and down 39.5% from 147 days in April of
last year. The April 2016 DOM was at a mid level compared with
April of 2015 and 2014.

3 Mo Avg

200
180
160

147

140
120
100

89

80

80
60
40
20
0

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Selling Price per Square Foot

Selling Price per Square Foot

The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The April 2016 Selling Price per Square Foot of $110 was up 2.1%
from $108 last month and up 15.5% from 95 in April of last year.

150
140
130
120
110
100
90
80
70
60
50

3 Mo Avg

110
95

89

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Selling Price versus Listing Price Ratio

Selling Price vs Original Listings Price

The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The April 2016 Selling Price vs Original List
Price of 93.2% was up from 92.0% last month and up from
92.0% in April of last year.

3 Mo Avg

Avg Selling Price divided by Avg Listing Price for sold properties during the month

94%

93.2%

92.0%

92%

89.8%

90%
88%
86%
84%
82%
80%
78%

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Inventory / New Listings / Sales

Inventory / New Listings / Sales

665

631
568
504

471

492

469

505

489

472

497

490

453

434

385

329

351

439

300

395

544

490

663

604

651

602

575

547

534

549

631

658

483

400

611

500

651

600

640

700
616

This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in April 2016 was 137, down 19.9% from 171 last month and up
14.2% from 120 in April of last year.

200
100
0
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Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con
Data is provided courtesy of North Texas Real Estate Information Systems, Inc., Greater Tyler Association of REALTORS and may not reflect all relevant real estate activity. Coldwell Banker
does not warrant or guarantee the accuracy of this information. It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer’s real estate transaction.

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