DFW ARCHIVED December 2016 | Page 8

Market Action Report December 2016
Phone Community Information | School District

County : Cherokee

Price Range : All | Properties : SFH - Con

Cherokee

Agent Name
Market Action Report December 2016

Phone Community Information | School District

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
$ 192,500
7 %
44 %
Average List Price of all Current Listings
$ 251,650
2 %
0 %
December Median Sales Price
$ 110,000
-19% -23% 13 %
-7%
$ 126,500
8 %
7 %
December Average Sales Price
$ 145,048
-2% -24% -6%
-4%
$ 164,356
9 %
9 %
Total Properties Currently for Sale ( Inventory )
174
7 %
14 %
December Number of Properties Sold
22
16 %
47 %
274
18 %
December Average Days on Market ( Solds )
57 -48% -37% -63% -54%
97
-21%
-21%
Asking Price per Square Foot ( based on New Listings )
$ 120
38 %
19 %
41 %
35 %
$ 96
7 %
8 %
December Sold Price per Square Foot
$ 74
11 % -15% 12 %
-1%
$ 80
8 %
7 %
December Month ' s Supply of Inventory
7.9
-7%
3 %
-22% -15%
7.5
-19%
-19%
December Sale Price vs List Price Ratio
91.2 %
2.9 %
. 2 %
-. 9 %
1.9 %
90.0 %
0 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
Title
Website Other
Number of Properties Sold
Property Sales
40
December Property sales were 22 , up 46.7 % from 15 in
December of 2015 and 15.8 % higher than the 19 sales last
35
Number of Properties Sold
3 Mo Avg
Property month . December Sales 2016 sales were at their highest level
40
December compared Property to December sales were of 2015 22 , up and 46.7 2014 % from . December 15 in YTD sales
30
December of 274 are of running 2015 and 17.6 15.8 %% ahead higher of than last the year 19 ' s sales year-to-date last sales
35
25
month of 233 . . December 2016 sales were at their highest level compared to December of 2015 and 2014 . December YTD sales
30
20
of 274 are running 17.6 % ahead of last year ' s year-to-date sales of 233 .
25
20
15
10
15
5
10
0
5
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
J
F M A M J
The Median Sales Price in December was $ 110,000 , up 13.4 %
14
350
Prices from $ 97,000 in December of 2015 and down 19.1 % from
The
$ 136,000 Median last Sales month Price . in The December Average was Sales $ 110,000 Price in , up December 13.4 % was
350
300 from
$ 145,048 $ 97,000 , down in December 5.7 % from of $ 2015 153,763 and in down December 19.1 % from of 2015 and
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
$ down 136,000 1.8 last % from month $ 147,705 . The Average last month Sales . Price December in December 2016 ASP was was
300
$ at 145,048 the lowest , down level 5.7 % compared from $ 153,763 to December in December of 2015 of 2015 and and 2014 .
250
down 1.8 % from $ 147,705 last month . December 2016 ASP was
250
200
at the lowest level compared to December of 2015 and 2014 .
200
150
14 14 10 20 31 32 15 11 20 20 21 15 15 11 24 24
14 14 10 20 31 32 15 11 20 20 21 15 15 11 24 24 32 14 29 14 24 13 18 15 15 15 22 23 31 19 22 28 34 24 19 22
32 14 29 14 24 13 18 15 15 15 22 23 31 19 22 28 34
3 Mo Avg
24 19 22
150 100 50
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of The December Total Inventory was 174 of , up Properties 7.4 % from available 162 last for month sale as and of up 14.5 % December from 152 was in December 174 , up 7.4 of % last from year 162 . last December month and 2016 up Inventory 14.5 % 200 from was 152 at its in highest December level of last compared year . December with December 2016 Inventory of 2015 and was 2014 at . its highest level compared with December of 2015 and 150 2014 .
100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial December for sellers 2016 while MSI a of 7.9
higher MSI is better for buyers . The December 2016 MSI of 7.9
50 months was at its lowest level compared with December of 2015 months and 2014 was . at its lowest level compared with December of 2015
and 2014 . 0
100
50
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
J
14
F M A M J
J
A S O N D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
20.0
150
178
100
50
172 178
179 172
172
185 179
189 172
185 185
180 189
159 185 159 180
156 159
148 159
158 156
155 148
149 158
139
155 148 152
149
139 166
148 177
152 181
179 166
175 177
152 181
156 179
156 175
154 152
156 156 164
156 169 154 174 156
159
164 169
169 161
174
162 159 174
169
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
20.0
161
15.0
10.0
5.0
162
174
15.0
10.0
5.0
0.0
8 | 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 .