Market Action Report
April 2017
County: Tarrant
TARRANT
Market Action Report
Agent Name
April 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,582,500
0%
11%
Community
Information | School District
County: Tarrant
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
versus*:
Trending versus*:
$1,935,216 Trending
1%
7%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,325,000
11% 3% 6%
2% YTD
$1,290,000
4%
-1%
$1,582,500 0%
11%
$1,458,591 13% 6% -2% 2% $1,380,872
0%
-4%
$1,935,216 1%
7%
306 14%
61%
$1,325,000 11% 3% 6% 2% $1,290,000
4%
-1%
26 37%
63%
81
80%
$1,458,591 13% 6% -2% 2% $1,380,872
0%
-4%
94 -47% -31%
136
18%
16%
306 14%
61% 1% -20%
$275
-10%
-6%
-3%
-7%
$293
0%
-1%
26 37%
63%
81
80%
April
Sold
Price
per
Square
Foot
$250
9%
4%
-1%
-2%
$240
-4%
April Average Days on Market (Solds)
94 -47% -31% 1% -20%
136
18%
16% -6%
April
Month's
Supply
of
Inventory
11.8
-17%
-5%
-1%
-1%
12.8
-18%
8%
Asking Price per Square Foot (based on New Listings)
$275 -10% -6% -3% -7%
$293
0%
-1%
April Sold
Sale Price
Price per
vs Square
List Price
Ratio
April
Foot
$250 91.5%
9% -2.9%
4% .3%
-1% -5.4%
-2% -.6% $240 91.3%
-4% -2% -6% -1%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
April Month's Supply of Inventory
11.8 -17% -5% -1% -1%
12.8 -18%
8%
of 91.3%
Properties
April Sale Price vs List Price Ratio
91.5% -2.9% .3% -5.4% Number
-.6%
-2% Sold -1%
Average List Price of all Current Listings
Market Profile & Trends Overview
April Median Sales Price
Median List Price of all Current Listings
April Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
April Median Sales Price
April Number of Properties Sold
April Average Sales Price
April Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of
per
Square Foot
April
Number
Properties
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
20
15
Prices
12
Median Sales Price and Average Sales Price
10
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
14
15
16
17
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
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
The Median Sales Price in April was $1,325,000, up 6.1% from
1,800
Prices
$1,248,828 in April of 2016 and up 11.3% from $1,190,000 last
The
Median
Sales
Price Sales
in April
was in
$1,325,000,
up 6.1% from down
month.
The
Average
Price
April was $1,458,591,
1,800 1,700
$1,248,828
April of 2016
and up
11.3% and
from up
$1,190,000
last
2.4% from in
$1,494,661
in April
of 2016
12.8% from
month.
The
Average
Sales
Price
in
April
was
$1,458,591,
down
$1,293,220 last month. April 2017 ASP was at the lowest level 1,700 1,600
2.4%
from $1,494,661
April and
of 2016
compared
to April of in 2016
2015. and up 12.8% from
1,600 1,500
$1,293,220 last month. April 2017 ASP was at the lowest level
compared to April of 2016 and 2015.
0
5 5
10
10
0
3 Mo Avg
25
15
Number of Properties Sold
30
April Property sales were 26, up 62.5% from 16 in April of 2016
and 36.8% higher than the 19 sales last month. April 2017 sales
Property Sales
were at their highest level compared to April of 2016 and 2015. 35
April Property sales were 26, up 62.5% from 16 in April of 2016
April YTD sales of 81 are running 80.0% ahead of last year's
and 36.8% higher than the 19 sales last month. April 2017 sales 30
year-to-date sales of 45.
were at their highest level compared to April of 2016 and 2015.
25
April YTD sales of 81 are running 80.0% ahead of last year's
year-to-date sales of 45.
20
35
Property Sales
3 Mo Avg
1,500 1,400
1,400 1,300
1,300 1,200
1,200 1,100
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
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
M J 14 J A S O N D J F M
14
15
16
17
250
200
200
150
A comparatively lower MSI is more beneficial for sellers while a 150 100
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The April 2017 MSI of 11.8 100
higher MSI is better for bu