DFW ARCHIVED December 2016 | Page 16

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

County : Ellis

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
$ 323,000
4 %
20 %
Average List Price of all Current Listings
$ 325,630
1 %
-0%
December Median Sales Price
$ 218,301
-7%
-2%
7 %
18 %
$ 215,000
16 %
16 %
December Average Sales Price
$ 252,151
3 %
5 %
15 %
24 %
$ 232,337
15 %
14 %
Total Properties Currently for Sale ( Inventory )
415
-4%
1 %
December Number of Properties Sold
191
-7%
3 %
2,552
9 %
December Average Days on Market ( Solds )
53 -10%
6 %
0 %
0 %
48
-9%
-9%
Asking Price per Square Foot ( based on New Listings )
$ 110
1 %
1 %
9 %
11 %
$ 104
5 %
5 %
December Sold Price per Square Foot
$ 110
5 %
5 %
16 %
20 %
$ 100
11 %
10 %
December Month ' s Supply of Inventory
2.2
3 %
-4%
-2%
-6%
2.2
-5%
-5%
December Sale Price vs List Price Ratio
97.5 %
1.2 %
. 5 %
1.5 % 1.0 %
97.3 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Property Sales
350
December Property sales were 191 , up 3.2 % from 185 in
December of 2015 and 6.8 % lower than the 205 sales last
300
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2016 sales were at their highest level
350
December compared Property to December sales were of 2015 191 , and up 3.2 2014 % from . December 185 in YTD sales
250
December of 2,552 are of 2015 running and 6.8 9.0 % lower ahead than of last the year 205 ' sales s year-to-date last sales
300 month of 2,341 . December . 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales
250
200
of 2,552 are running 9.0 % ahead of last year ' s year-to-date sales
150
of 2,341 .
200
100
150
50
100
50
0
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 $ 218,301 , up 6.5 %
J
F M A M J
14
J
A S
OMedian N D
J FSales M A MPrice J
J Aand S OAverage N D
J
F Sales M A M Price J
J
A S O N D
15
16
3 Mo Avg
Prices from $ 204,900 in December of 2015 and down 7.5 % from
The
$ 236,000 Median last Sales month Price . in The December Average was Sales $ 218,301 Price , in up December 6.5 % was from
$ 252,151 $ 204,900 , up 14.6 in December % from $ 220,085 of 2015 and in December down 7.5 % of from 2015 and up
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
2.8 236,000 % from last $ 245,252 month . The last Average month . Sales December Price in 2016 December ASP was was at
$ the 252,151 highest , up 14.6 level % compared from $ 220,085 to December in December of 2015 of 2015 and and 2014 up .
270
2.8 % from $ 245,252 last month . December 2016 ASP was at
250
250
230
the highest level compared to December of 2015 and 2014 .
230
210
210
190
190 170
125 144 176 166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 218 234 286 242 253 249 187 205 191
170
150
150
J
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
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 415 of , down Properties 4.2 % available from 433 for last sale month as of and up 1.5 %
December from 409 was in December 415 , down 4.2 of last % from year 433 . December last month 2016 and Inventory up 1.5 %
700 from was 409 at a in mid December level compared of last year with . December 2016 of 2015 Inventory and 2014 .
600 was at a mid level compared with December of 2015 and 2014 .
500
700
600
500
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
4.0
5.0
4.0
3.0
400
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial December for sellers 2016 while MSI a of 2.2
200 higher months MSI was is better at its lowest for buyers level . The compared December with 2016 December MSI of 2.2 of 2015 months was at its lowest level compared with December of 2015
100 and 2014 . and 2014 .
0
3.0
300
200
2.0
100
1.0
0
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
0.0 O N D
J
F
14 M A M J
J
A S O N D J
F M
15 A M J
J
A S O N D J
F M A
16 M J
J
A S O N D
14
15
16
2.0
1.0
0.0
586 566
125 586 571

Ellis

144 566
559 581
Agent Name
176 571
Title Phone Website Other

Community Information | School District

166 559 578
201 581 583
199 578
613 546
210 583
508 212 613
170 170 151
Number of Properties Sold
170 119 138 200 167 227 228 249 229
455 546
421 508
418 455
413 421
399
418 428
413 429 458
399
500 428
450 429
449 458
450 500
419 450
409 449 223 198 178 185 132 140 215 218 234 286 242 253
423 450
450 419
434 409
428 423
427 450 451
434 470 428 494 427 476
451 467
470 433
494 415
476 249 467
3 Mo Avg
187
433 205
415 191
16 | 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 .