DFW ARCHIVED April 2016 | Page 29
Market Action Report
April 2016
Parker
County: Parker
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 61, up 3.4% from 59
days last month and down 12.9% from 70 days in April of last
year. The April 2016 DOM was at its lowest level compared with
April of 2015 and 2014.
100
3 Mo Avg
93
90
80
70
70
61
60
50
40
30
20
10
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 $104 was down
6.6% from $111 last month and up 4.8% from 99 in April of last
year.
150
140
130
120
110
100
90
80
70
60
50
3 Mo Avg
104
99
94
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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 96.1% was up from 95.9% last month and up from 95.3%
in April of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
98%
97%
96.1%
96%
95.3%
95%
94%
93.3%
93%
92%
91%
90%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
900
712
643
555
526
526
517
541
518
541
531
522
509
490
466
499
470
469
400
549
654
588
730
690
707
701
679
652
640
628
698
751
675
611
500
736
600
741
700
763
800
742
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 309, down 8.0% from 336 last month and up
17.0% from 264 in April of last year.
300
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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