DFW ARCHIVED February 2017 | Page 10

Market Action Report February 2017
Community Information | School District
Market Action Report February 2017

County : Dallas

Price Range : $ 1,000,000 and Up | 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
$ 1,875,000
1 %
1 %
Average List Price of all Current Listings
$ 2,702,884
1 %
5 %
February Median Sales Price
$ 1,485,000
4 %
-1%
2 %
1 %
$ 1,451,500
2 %
-1%
February Average Sales Price
$ 1,861,954
13 %
4 %
5 %
6 %
$ 1,773,370
5 %
1 %
Total Properties Currently for Sale ( Inventory )
705
18 %
52 %
February Number of Properties Sold
59
44 %
59 %
100
47 %
February Average Days on Market ( Solds )
68 -23% -22% -13%
-9%
76
1 %
1 %
Asking Price per Square Foot ( based on New Listings )
$ 415
0 %
0 %
0 %
2 %
$ 416
-3%
2 %
February Sold Price per Square Foot
$ 369
2 %
0 %
5 %
2 %
$ 367
5 %
1 %
February Month ' s Supply of Inventory
11.9 -18%
7 %
-5%
48 %
13.3
11 %
64 %
February Sale Price vs List Price Ratio
93.4 %
4.8 % 2.1 % 1.6 %
. 8 %
91.6 %
-2%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
February Property sales were 59 , up 59.5 % from 37 in February
of 2016 and 43.9 % higher than the 41 sales last month .
Property
February 2017 Sales sales were at their highest level compared to
100
120
February Property of 2016 sales and 2015 were . 59 February , up 59.5 % YTD from sales 37 in of February 100 are of running 2016 and 47.1 43.9 %% ahead higher of than last year the 41 ' s year-to-date sales last month sales . of 68 .
February 2017 sales were at their highest level compared to
February of 2016 and 2015 . February YTD sales of 100 are running 47.1 % ahead of last year ' s year-to-date sales of 68 .
100
80
80
60
60
40
40
20
Number of Properties Sold
0
20 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 F 14
15 16
17 0
Prices
M A M J J A S O N Median D J F M ASales M J Price J A S and O N DAverage J F M ASales M J JPrice A S O N D J F
3 Mo Avg The Median Sales Price in February was $ 1,485,000 , up 2.4 % 14
15 16
17 2,000
Prices from $ 1,450,000 in February of 2016 and up 4.2 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,425,000 Median Sales last Price month in . February The Average was $ Sales 1,485,000 Price , in up February 2.4 % 1,900 from was $ 1,450,000 1,861,954 , in up February 4.7 % from of 2016 $ 1,777,709 and up in 4.2 February % from of 2016 2,000 $ and 1,425,000 up 13.1 last % from month $ 1,645,895 . The Average last Sales month Price . February in February 2017 ASP
1,800
1,900 was $ 1,861,954 at a mid range , up 4.7 compared % from $ 1,777,709 to February in February of 2016 and of 2016 2015 . 1,700
and up 13.1 % from $ 1,645,895 last month . February 2017 ASP
1,800 was at a mid range compared to February of 2016 and 2015 . 1,600 1,700 1,600
1,500 1,5001,400 1,4001,300
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 F 1,300
14 15
16
17 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 F 14
15 16
17 Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
The Total Inventory of Properties available for sale as of Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) February was 705 , up 18.1 % from 597 last month and up 52.3 % 800
16.0
The Total Inventory of Properties available for sale as of February
from 463 was
in
705
February , up 18.1
of %
last from
year 597
. February last month
2017 and
Inventory up 52.3 % was 800 700
16.0 14.0 from at its 463 highest in February level compared of last year with . February
February 2017 of
Inventory 2016 and 2015 was . 700 600
14.0 12.0 at its highest level compared with February of 2016 and 2015 . 600 500
12.0 10.0
500 400
10.0 8.0
400 300
8.0 6.0
A comparatively lower MSI is more beneficial for sellers while a 300
6.0 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 11.9
200 4.0 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 11.9 and 200 100
4.0 2.0 months 2015 . was at a mid level compared with February of 2016 and 100 0
2.0 0.0
2015 .
0 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 D0.0J F
M A14 M J J A S O N D J F M15A M J J A S O N D J F M16
A M J J A S O N D J F 17
14 15
16
17
63 76 88 77 80 62 49 63 54 63 21 51 79 92 88 103 88 63 60 56 57 83 31 37 74 87 95 97 66 81 86 80 71 73 41 59
408

Dallas

418 63 435
76 461
Agent Name
88 443
Title Phone Website Other

Community Information | School District

408 418 435
77 461 408
80 443 401
62 408 374
49
401
355 272
63
374
300 54
355 272
63
325 355
21
Number of Properties Sold
51 79 92 88 103 88 63
300 382
325 412 355
407 382
380 412
387 407
400 380
414 387
394 400 305
60 414 354
56
463 394 57 529
305 83 31
569
463 587
354
37 74 87 95 97 66 81
3 Mo Avg
86
621 529
594 569
554 587
621 621
649 594
618 554
519 621 597
649 705 618
80 519
71 597
3 Mo Avg
73
705 41 59
10 | 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 : $ 1,000,000 and Up | 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 .