DFW ARCHIVED April 2017 | Page 13

Market Action Report
April 2017
County: Johnson
JOHNSON
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: $1,000,000 and Up | 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 125, up from 0 days last
month and up from 0 days in April of last year. The April 2017
DOM was at its lowest level compared with April of 2016 and
2015.
3 Mo Avg
140
125
120
100
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
1,100
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
1,000
end Properties in the market, the selling price per square foot is a
900
more normalized indicator on the direction of Property values.
800
The April 2017 Selling Price per Square Foot of $200 was up
700
from $0 last month and up from 0 in April of last year.
600
3 Mo Avg
500
400
300
200
200
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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 2017 Selling Price vs Original List
Price of 82.9% was up from 0.0% last month and up from 0.0%
in April of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
120%
100%
82.9%
80%
60%
40%
20%
0%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
8
7
6
5
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 2017 was 2, up 100.0% from 1 last month and up 100.0%
from 1 in April of last year.
4
3
2
1
0
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Copyright © Coldwell Banker Residential Brokerage | Price Range: $1,000,000 and Up | 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.
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