DFW ARCHIVED December 2016 | Page 32

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

County : Smith

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
$ 252,500
-3%
20 %
Average List Price of all Current Listings
$ 335,684
-5%
17 %
December Median Sales Price
$ 176,800
2 %
-2%
13 %
4 %
$ 179,000
6 %
5 %
December Average Sales Price
$ 212,036
8 %
1 %
12 %
4 %
$ 213,640
6 %
5 %
Total Properties Currently for Sale ( Inventory )
1,131
-4%
8 %
December Number of Properties Sold
194
2 %
-16%
2,895
3 %
December Average Days on Market ( Solds )
72
-1%
7 %
1 %
6 %
64
-4%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 108
-2%
1 %
3 %
6 %
$ 109
8 %
7 %
December Sold Price per Square Foot
$ 97
4 %
0 %
10 %
5 %
$ 98
7 %
7 %
December Month ' s Supply of Inventory
5.8
-5%
3 %
28 %
19 %
5.0
3 %
3 %
December Sale Price vs List Price Ratio
95.1 %
1.9 %
. 7 %
2.6 %
. 6 %
95.0 %
0 %
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 194 , down 16.0 % from 231 in
December of 2015 and 1.6 % higher than the 191 sales last
300
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2016 sales were at their lowest level
350
December compared Property to December sales were of 2015 194 , and down 2014 16.0 . % December from 231 YTD in sales December of 2,895 are of 2015 running and 1.6 2.7 % higher ahead than of last the year 191 ' sales s year-to-date last sales
300 month of 2,819 . December . 2016 sales were at their lowest level compared to December of 2015 and 2014 . December YTD sales
250 of 2,895 are running 2.7 % ahead of last year ' s year-to-date sales
250
200
150
of 2,819 .
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 $ 176,800 , up 12.7 % Prices from $ 156,900 in December of 2015 and up 1.6 % from
The
$ 174,000 Median last Sales month Price . in The December Average was Sales $ 176,800 Price in , up December 12.7 % was
250 from
$ 212,036 $ 156,900 , up in 11.7 December % from $ of 189,748 2015 and in December up 1.6 % from of 2015 and up $ 174,000 last month . The Average Sales Price in December
240
8.4 % from $ 195,546 last month . December 2016 ASP was at the
$ highest 212,036 , level up 11.7 compared % from $ to 189,748 December in December of 2015 and of 2015 2014 and . up
230
8.4 % from $ 195,546 last month . December 2016 ASP was at the
220
J
F M A M J
14
250
240
230
220
210
200
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
highest level compared to December of 2015 and 2014 .
210
200
190
180
170
160
150
190
180
170
160
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 1,131 of , Properties down 3.7 % available from 1,174 for sale last as month of and up
1,600
December
7.5 % from was 1,052 1,131 in , down December 3.7 % from of last 1,174 year last . December month and 2016 up
1,6001,400
7.5
Inventory % from 1,052 was at in its December highest of level last compared year . December with December 2016 of
1,4001,200
Total Inventory & Month ' s Supply of Inventory ( MSI )
9.0
8.0
Inventory
2015 and was 2014 at . its highest level compared with December of
1,2001,000
2015 and 2014 .
1,000
800
800
600
A comparatively lower MSI is more beneficial for sellers while a
600
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial December for sellers 2016 while MSI a of 5.8
400 higher MSI is better for buyers . The December 2016 MSI of 5.8
400 months was at its highest level compared with December of
200 months was at its highest level compared with December of
200
2015 and 2014 .
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
7.0
6.0
5.0
4.0
3.0
2.0
1.0
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
148 156 192 219 254 283 226 232 244 239 204 226 153 147 240 223 256 313 306 316 228 235 171 231 169 185 228 247 277 331 276 298 265 234 191 194
1,208 1,178 1,247 1,299 1,246 1,294 1,406 1,373 1,282 1,219 1,110 992 968
J 14

Smith

148 156
Agent Name
192
Title Phone Website Other

Community Information | School District

219
1,208 1,178 1,247 1,299 254 283 226 232 244
1,246
1,294 1,406 1,373
1,282 239 204
J A S O N D J 15
Number of Properties Sold
226 153 147 240 223 256
992 1,016 1,069 1,104 1,107 1,140 1,124
313 306 316 228 235
1,185 1,191 1,133 1,052 1,086 1,130 1,130 1,176 1,178 1,211 1,252 1,246 1,196 1,180 1,174 1,131
J A S O N D J 16
171
1,219 1,110 992 968 992 1,016 1,069 1,104 1,107 1,140 1,124 1,185 1,191 1,133 1,052 231 169 185 228 247 277 331 276 298 265
1,086 1,130 1,130 1,176 1,178 1,211 1,252 1,246 1,196 1,180
3 Mo Avg
234 191
1,174 1,131
194
9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
32 | 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 .