DFW ARCHIVED April 2017 | Page 8

Market Action Report
April 2017
County: Dallas
DALLAS
Market Action Report
Agent Name
April 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,795,000
-0%
-5%
Community
County: Dallas Information | School District
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
Trending versus*:
$2,615,831 Trending
-1% versus*:
-0%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,400,000
1% -1% -7%
-5% YTD
$1,420,000
-3%
-4%
$1,795,000 -0%
-5%
$1,637,772 -1% -3% -3% -7% $1,686,952
-1%
-4%
$2,615,831 -1%
-0%
868 12%
53%
$1,400,000 1% -1% -7% -5% $1,420,000
-3%
-4%
81 -31%
-7%
300
31%
$1,637,772 -1% -3% -3% -7% $1,686,952
-1%
-4%
81 23% 8%
75
21%
0%
868 12%
53% 69% 8%
$396
4%
-1%
-1%
-2%
$401
-2%
-1%
81 -31%
-7%
300
31%
April Average
Sold Price
$383
1%
April
Days per
on Square
Market Foot
(Solds)
81
23% 8%
8% 5%
69% 6%
8% 5%
75 $366
21% 3% 0%
April
Month's
Supply
of
Inventory
10.7
61%
15%
64%
33%
10.5
12%
31%
Asking Price per Square Foot (based on New Listings)
$396 4% -1% -1% -2%
$401
-2%
-1%
April Sold
Sale Price
Price per
vs Square
List Price
Ratio
1%
April
Foot
$383 94.0%
8% .2%
5% .9%
6% -.6%
5% 1.5% $366 93.1%
3% -1% 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
10.7 61% 15% 64% 33%
10.5
12%
31%
of 93.1%
Properties
April Sale Price vs List Price Ratio
94.0% .2% .9% -.6% Number
1.5%
-1% 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
Number of Properties Sold
120
3 Mo Avg
100
60
Prices
60
63
The Median Sales Price in April was $1,400,000, down 6.7%
2,000
Prices
from $1,500,000 in April of 2016 and up 1.2% from $1,384,000
The
in April
was
$1,400,000,
down
6.7%
last Median
month. Sales
The Price
Average
Sales
Price
in April was
$1,637,772,
2,000 1,900
from
$1,500,000
April of 2016
and up
down
3.0% from in $1,687,756
in April
of 1.2%
2016 from
and $1,384,000
down 1.1%
last
month.
The
Average
Sales
Price
in
April
was
$1,637,772,
from $1,655,377 last month. April 2017 ASP was at the lowest 1,900 1,800
down
from $1,687,756
April
of 2015.
2016 and down 1.1%
level 3.0%
compared
to April of in
2016
and
1,800 1,700
from $1,655,377 last month. April 2017 ASP was at the lowest
level compared to April of 2016 and 2015.
1,700 1,600
Median Sales Price and Average Sales Price
31
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
0
0
20
40 20
40
60
80
April Property sales were 81, down 6.9% from 87 in April of
2016 and 30.8% lower than the 117 sales last month. April 2017
Property Sales
sales were at their lowest level compared to April of 2016 and 140
April Property sales were 81, down 6.9% from 87 in April of
2015. April YTD sales of 300 are running 31.0% ahead of last
2016 and 30.8% lower than the 117 sales last month. April 2017 120
year's year-to-date sales of 229.
sales were at their lowest level compared to April of 2016 and
100
2015. April YTD sales of 300 are running 31.0% ahead of last
year's year-to-date sales of 229.
80
140
Property Sales
3 Mo Avg
1,600 1,500
1,500 1,400
1,400 1,300
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
600
600
400
A comparatively lower MSI is more beneficial for sellers while a 400
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The April 2017 MSI of 10.7
200
higher MSI is better for buyers. The April 2017 MSI of 10.7
months was at its highest level compared with April of 2016 and 200
months was at its highest level compared with April of 2016 and
0
2015.
0
2015.
M
14
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
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 F M A
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
15
16
17
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Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and | Property
Up | Property
SFH - Con
8 Copyright
| © Coldwell
Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
compared with April of 2016 and 2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of April
1,000
The
Properties
for sale
as of April
was Total
868, Inventory
up 11.7% of
from
777 last available
month and
up 53.1%
from 567
1,000
was
868, up
11.7%
from April
777 last
month
and up was
53.1%
from
567 level
in April
of last
year.
2017
Inventory
at its
highest
800
in compared
April of last
year.
April
2017 Inventory
with
April
of 2016
and 2015. was at its highest level
800
1,300
Data
provided
courtesy
of North
Texas
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
not all reflect
all real
relevant
estate Coldwell
activity. Banker
Coldwell
Banker Residential
Data
is is
provided
courtesy
of North
Texas
Real Real
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
and may and
not may
reflect
relevant
estate real
activity.
Residential
Brokerage Brokerage
does not not
warrant
or guarantee
accuracy
of this
information.
It is responsibility
the responsibil ity
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
warrant
or guarantee
the the
accuracy
of this
information.
It is the
of any of buyer
seller
verify to any
and any
all information
relevant relevant
to such consumer’s
real estate real
transaction.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0