DFW ARCHIVED December 2016 | Page 14

Market Action Report December 2016
Community Information | School District
Market Action Report December 2016

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
$ 424,168
3 %
10 %
Average List Price of all Current Listings
$ 515,459
1 %
13 %
December Median Sales Price
$ 280,250
0 %
3 %
9 %
12 %
$ 272,500
9 %
9 %
December Average Sales Price
$ 323,783
1 %
2 %
5 %
10 %
$ 317,278
8 %
8 %
Total Properties Currently for Sale ( Inventory )
1,986
-6%
13 %
December Number of Properties Sold
1,074
13 %
-1%
14,118
5 %
December Average Days on Market ( Solds )
46
12 %
12 %
2 %
24 %
38
6 %
3 %
Asking Price per Square Foot ( based on New Listings )
$ 133
0 %
1 %
11 %
13 %
$ 128
8 %
8 %
December Sold Price per Square Foot
$ 124
-0%
0 %
7 %
10 %
$ 122
8 %
8 %
December Month ' s Supply of Inventory
1.8 -16% -10% 14 %
4 %
1.8
4 %
4 %
December Sale Price vs List Price Ratio
96.8 %
-. 3 % -. 5 % -. 2 % -1.3%
98.1 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
1,800
December Property sales were 1,074 , down 1.2 % from 1,087 in
December of 2015 and 12.6 % higher than the 954 sales last
1,600
Property month . December Sales 2016 sales were at a mid level compared to
1,8001,400
December Property of 2015 sales and 2014 were . 1,074 December , down 1.2 YTD % from sales 1,087 of 14,118 in are
December of 2015 and 12.6 % higher than the 954 last
1,6001,200 running 4.8 % ahead of last year ' s year-to-date sales of 13,472 .
month . December 2016 sales were at a mid level compared to
1,4001,000
December of 2015 and 2014 . December YTD sales of 14,118 are running 4.8 % ahead of last year ' s year-to-date sales of 13,472 .
1,200
800
1,000
600

Denton

Number of Properties Sold
800
400
600
200
400
0
200
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 M J
J
A S O N D
0
14
15
16
Prices
The Median Sales Price in December was $ 280,250 , up 8.7 %
Prices from $ 257,900 in December of 2015 and up 0.4 % from
The
$ 279,000 Median last Sales month Price . in The December Average was Sales $ 280,250 Price in , up December 8.7 % was
350 from
$ 323,783 $ 257,900 , up in 5.5 December % from $ 306,950 of 2015 and in December up 0.4 % from of 2015 and up
$ 279,000 last month . The Average Sales Price in December was
330
1.2 % from $ 319,950 last month . December 2016 ASP was at the
$ highest 323,783 , level up 5.5 compared % from $ 306,950 to December in December of 2015 of and 2015 2014 and . up
310
1.2 % from $ 319,950 last month . December 2016 ASP was at the
290
J
F M A M J
14
350
330
310
290
270
250
J
A S
Median O N D
J Sales
F M A Price M J
J and
A S OAverage N D
J
F Sales M A MPrice J
J
A S O N D
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
highest level compared to December of 2015 and 2014 .
270
250
230
210
190
170
150
230
210
190
170
150
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 M J
J
A S O N D
14
15
16
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 M J
J
A S O N D
Inventory & MSI
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
December Total Inventory was 1,986 of Properties , down 5.8 % available from 2,109 for sale last as month of and up
3,000
December
13.0 % from was 1,758 1,986 in , down December 5.8 % from of last 2,109 year last . December month and 2016 up
3,000
2,500
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.5
3.5
3.0
13.0
Inventory % from 1,758 was at in its December highest level of last compared year . December with December 2016 of
2,500
Inventory
2015 and was 2014 at . its highest level compared with December of
2,000
2015 and 2014 .
2,000
1,500
1,500
A comparatively lower MSI is more beneficial for sellers while a
1,000
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial December for sellers 2016 while MSI a of 1.8
1,000
500 higher months MSI was is better at its highest for buyers level . The compared December with 2016 December MSI of 1.8 of
500 months
2015 and was 2014 at its . highest level compared with December of
0
2015 and 2014 .
0
J
F M A M J
F
14 M A M J
J A S O N D J
F M A M J
F M
15 A M J
3.0
2.5
2.0
1.5
1.0
0.5
J A S O N D J
F M A M J
J A S
0.0 O N D
F M A
16 M J
J A S O N D
2.5
2.0
1.5
1.0
0.5
0.0
593 740 1,007 1,083 1,276 1,428 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 1,252 1,185 1,387 1,468 1,386 1,475 1,273 1,077 954 1,074
1,891 1,970
2,309 1,997 2,086
1,891 1,970 1,997 2,086
J
14
593 740
Agent Name
Title Phone Website Other

Community Information | School District

1,007 1,083 1,276
2,416 2,469 2,528 1,428 1,415 1,358 1,085
2,309 2,416 2,469 2,528
2,259
1,067
2,259 2,097
1,833 1,538 1,589
J A S O N D J 15
794
Number of Properties Sold
1,013 634
2,097
1,833 1,538 1,589 1,566
776
1,566 1,610
1,768 1,924
1,036 1,121 1,329 1,529
2,119 2,296 2,227 2,124 2,075
1,610 1,768
1,495 1,414 1,212
J A S O N D J 16
1,025
1,924
2,119 2,296 2,227 2,124 2,075 1,936
814
1,758 1,087 668
1,936 1,758 1,782 1,824 1,908 2,005 2,050
919
1,782 1,824 1,908 1,252 1,185 1,387
2,254 2,410 2,005 2,333
2,317 2,251
3 Mo Avg
1,468 1,386
2,109
1,986 1,475 1,273
2,050 2,254 2,410 2,333 2,317 2,251
3 Mo Avg
1,077 954
2,109 1,986
1,074
14 | c o l d w e l l b a n k e r h o m e s . c o m
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 .