DFW ARCHIVED April 2017 | Page 14

Market Action Report April 2017
Community Information | School District
Market Action Report April 2017

County : Denton

Price Range : All | Properties : SFH - Con
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
$ 434,950
-1%
8 %
Average List Price of all Current Listings
$ 520,246
-0%
7 %
April Median Sales Price
$ 295,000
-1%
2 %
10 %
8 %
$ 289,975
11 %
6 %
April Average Sales Price
$ 332,106
-2%
1 %
6 %
5 %
$ 330,330
8 %
4 %
Total Properties Currently for Sale ( Inventory )
2,578
12 %
29 %
April Number of Properties Sold
1,172
-2%
-1%
3,964
-2%
April Average Days on Market ( Solds )
34 -21% -17% -3%
-11%
41
0 %
8 %
Asking Price per Square Foot ( based on New Listings )
$ 137
0 %
1 %
9 %
7 %
$ 136
8 %
6 %
April Sold Price per Square Foot
$ 131
2 %
2 %
8 %
7 %
$ 128
8 %
5 %
April Month ' s Supply of Inventory
2.2
14 %
3 %
30 %
21 %
2.3
16 %
25 %
April Sale Price vs List Price Ratio
98.9 %
. 7 %
. 8 %
. 2 %
. 9 %
98.1 %
-0%
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Denton

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
1,800
April Property sales were 1,172 , down 1.1 % from 1,185 in April of
2016 and 2.0 % lower than the 1,196 sales last month . April 2017
1,600
Number of Properties Sold
3 Mo Avg
Property sales were Sales at a mid level compared to April of 2016 and 2015 .
1,8001,400
April Property YTD sales sales of were 3,9641,172 are , running down 1.11.5 % from % behind 1,185 last in April year of ' s yearto-date sales of 4,025 .
2016 and 2.0 % lower than the 1,196 sales last month . April 2017
1,6001,200
sales were at a mid level compared to April of 2016 and 2015 .
1,4001,000
April YTD sales of 3,964 are running 1.5 % behind last year ' s yearto-date sales of 4,025 .
1,200
800
1,000
600
800
400
600
200
400
0
200
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
0
14
15
16
17
Prices
The Median Sales Price in April was $ 295,000 , up 10.5 % from
M
J
14
J
A S O N D
J
Median
F M A M Sales J
J
A Price S O N and D
J FAverage M A M J Sales
J
A S Price O N D
J
F M A
15
16
17
3 Mo Avg
Prices
$ 267,000 in April of 2016 and down 0.8 % from $ 297,250 last
The month Median . The Sales Average Price Sales in April Price was in $ 295,000 April was , up $ 332,106 10.5 % from , up 6.4 %
$ from 267,000 $ 312,073 in April in of April 2016 of and 2016 down and 0.8 down % from 2.4 % $ 297,250 from $ 340,237 last
340 month last month . The . Average April 2017 Sales ASP Price was in April at the was highest $ 332,106 level , compared up 6.4 % to from
April $ 312,073 of 2016 in and April 2015 of . 2016 and down 2.4 % from $ 340,237
320 last month . April 2017 ASP was at the highest level compared to
300
340
320
300
280
Median Sales Price and Average Sales Price
3 Mo Avg
April of 2016 and 2015 .
280
260
260
240
240
220
220
200
200
M
M
14
J
J
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
15
16
17
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
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 2,578 Inventory , up 11.6 % of from Properties 2,310 available last month for sale and as up of 28.8 April % from
3,000 was
2,001 2,578 in , April up 11.6 of % last from year 2,310 . April last 2017 month Inventory and up 28.8 was % at from its
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.0
3.0
2.5
2,001 highest in April level of compared last year . with April April 2017 of Inventory 2016 and was 2015 at its . highest level compared with April of 2016 and 2015 .
2,500
2,000
2.5
2.0
2,000
1,500
2.0
1.5
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
1.5
1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial April for 2017 sellers MSI while of 2.2 a
1,000 higher months MSI was is better at its highest for buyers level . The compared April 2017 with MSI April of 2.2 of 2016 and
500 months
2015 . was at its highest level compared with April of 2016 and
2015 .
0
1.0
500
0.5
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
0.0
F M A
M
J
14
J A S O N D J
F M
15 A M J
J A S O N D J
F M
16 A M J
J A S O N D J
F M A
17
14
15
16
17
0.5
0.0
1,276 1,429 1,415 1,358 1,085
1,276 1,429 1,415 1,358 1,085 1,067 794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,414 1,212 1,025 814 1,087 668 919 1,253 1,185 1,387 1,471 1,387 1,477 1,280 1,086 979 1,133 714 882 1,196 1,172
2,310 2,417 2,470 2,529
2,260
2,310 2,417 2,470 2,529
2,260 2,098
1,834
1,539 1,067 794 1,013 634
2,098
1,834 1,539 1,590
776
1,590 1,567 1,611
1,769 1,925
1,036
1,567 1,611
1,121 1,329 1,529 1,495
2,120
1,769 2,297 1,925 2,228 2,124 2,075
1,414 1,212 1,025 814 1,087 668
2,120 2,297 2,228 2,124 2,075 1,936 1,757 1,779 1,821
1,936 1,757 1,779 1,821 1,905 2,001 2,044 919 1,253 1,185 1,387 1,471
1,905 2,250
2,001 2,396 2,312
2,287 2,217
1,387 1,477 1,280 1,086
2,044 2,250 2,396 2,312 2,287 2,217 2,078
2,078 1,903 1,928 2,006
2,310 979
2,578 1,133 714
1,903 1,928 2,006
882 1,196
2,310 2,578
1,172
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Copyright © Coldwell Banker Residential Brokerage | 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 Residential Brokerage 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 .