DFW ARCHIVED April 2016 | Page 28

Parker Community Information | School District

Parker 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
$ 318,750
2 %
16 %
Average List Price of all Current Listings
$ 359,837
2 %
11 %
April Median Sales Price
$ 213,450
-1%
-1%
8 %
-1%
$ 214,900
8 %
-1%
April Average Sales Price
$ 237,152
-7%
-1%
4 %
1 %
$ 240,045
6 %
2 %
Total Properties Currently for Sale ( Inventory )
712
11 %
45 %
April Number of Properties Sold
178
-1%
1 %
614
4 %
April Average Days on Market ( Solds )
61
3 %
-6%
-13%
-5%
65
-14%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 120
5 %
4 %
11 %
10 %
$ 115
7 %
6 %
April Sold Price per Square Foot
$ 104
-7%
-1%
5 %
2 %
$ 105
8 %
3 %
April Month ' s Supply of Inventory
4.0
11 %
6 %
44 %
32 %
4.0
18 %
33 %
April Sale Price vs List Price Ratio
96.1 %
. 2 %
. 9 %
. 8 %
. 8 %
95.2 %
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
250 April Property sales were 178 , up 1.1 % from 176 in April of 2015 and 0.6 % lower than the 179 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . 200 April YTD sales of 614 are running 3.7 % ahead of last year ' s yearto-date sales of 592 .
150
Number of Properties Sold
3 Mo Avg
100
50
Prices The Median Sales Price in April was $ 213,450 , up 7.7 % from $ 198,240 in April of 2015 and down 0.7 % from $ 215,000 last month . The Average Sales Price in April was $ 237,152 , up 4.1 % from $ 227,818 in April of 2015 and down 6.6 % from $ 253,957 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
0
290 270 250 230 210 190 170 150
197 161 202 193 168 150 151 121 80 110 150 139 191 202 172 207 176 173 142 138 110 119 187 176 184 226 217 195 209 165 136 183 108 149 179 178
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 712 , up 10.7 % from 643 last month and up 45.3 % from 490 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 4.0 months was at a mid level compared with April of 2015 and 2014 .
900 800 700 600 500 400 300 200 100
0
900 800 700 600
763
500 400 300 200 100 0
M 13
742
741 763
751 742
736 741
698 751
675 736
Total Inventory & Month ' s Supply of Inventory ( MSI )
611 698
628 675 640
611 652 628 679 640 701 652 707 679 730 701
690 707
654 588
730
549 690
469 654
499 588
470 549
466 469
490 499
509 470
466 522
490 541
531 509
541 522 518
541 526
531 517
541 526 518 555 526
643 517
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
13
14 14
15 15 16
712
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 F M A
16
526 555
643
712
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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