DFW ARCHIVED February 2017 | Page 12

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

County : Denton

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
$ 1,499,000
3 %
9 %
Average List Price of all Current Listings
$ 2,097,141
2 %
12 %
February Median Sales Price
$ 1,640,000
1 %
30 %
19 %
37 %
$ 1,640,000
29 %
37 %
February Average Sales Price
$ 1,840,714
13 %
21 %
31 %
31 %
$ 1,746,077
21 %
25 %
Total Properties Currently for Sale ( Inventory )
91
6 %
21 %
February Number of Properties Sold
7
17 %
133 %
13
44 %
February Average Days on Market ( Solds )
149 -17% 15 % -19%
18 %
163
-21%
29 %
Asking Price per Square Foot ( based on New Listings )
$ 316
40 %
11 %
20 %
16 %
$ 285
7 %
4 %
February Sold Price per Square Foot
$ 254
-41% -8%
11 %
3 %
$ 335
32 %
36 %
February Month ' s Supply of Inventory
13.0
-9%
-6% -48%
-6%
13.7
-27%
-2%
February Sale Price vs List Price Ratio
95.0 %
12.6 % 5.6 % 4.4 % 3.6 %
90.1 %
-3%
-2%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
14
February Property sales were 7 , up 133.3 % from 3 in February of
2016 and 16.7 % higher than the 6 sales last month . February
12
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to February of
14
February
2016 and Property 2015 . February sales were YTD 7 , up sales 133.3 of % 13 from are 3 running February 44.4 of %
10
2016 ahead and of 16.7 last % year higher ' s year-to-date than the 6 sales last of 9 month . . February
2017 sales were at their highest level compared to February of
12
8
2016 and 2015 . February YTD sales of 13 are running 44.4 %
10
ahead of last year ' s year-to-date sales of 9 .
6
8
4
6
2
4
0
2
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
0
14
15
16
17
Prices
The Median Sales Price in February was $ 1,640,000 , up 18.8 %
M
A M J
14
J
A S O N
DMedian
J F M ASales M J JPrice A S Oand N DAverage
J
F M A Sales M J
J Price
A S O N D
J
F
3 Mo Avg
15
16
17
Prices from $ 1,380,777 in February of 2016 and up 1.3 % from
4,000
The
$ 1,619,500 Median Sales last month Price in . February The Average was Sales $ 1,640,000 Price in , up February 18.8 % was from
$ 1,840,714 $ 1,380,777 , up in 30.5 February % from of $ 1,410,259 2016 and up in February 1.3 % from of 2016 and
3,500
4,000
$ up 1,619,500 12.5 % from last month $ 1,635,667 . The Average last month Sales . February Price in February 2017 ASP was was
$ at 1,840,714 the highest , up 30.5 level % compared from $ 1,410,259 to February in February of 2016 of and 20162015 and .
3,500
3,000
Median Sales Price and Average Sales Price
3 Mo Avg
up 12.5 % from $ 1,635,667 last month . February 2017 ASP was at the highest level compared to February of 2016 and 2015 .
3,0002,500
2,5002,000
2,0001,500

Denton

82 1
90 3
84 91
8
Agent Name
94
Title Phone Website Other

Community Information | School District

6 87
4 81
3 76
5 69
4 47
3 53
8
47 65
74 2 4
80 65
Number of Properties Sold
1,5001,000 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
1,000 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 91 , up 5.8 % from 86 last month and up 21.3 % 120
90.0
The Total Inventory of Properties available for sale as of February
from 75 was
in February 91 , up 5.8
of %
last from
year 86
. last
February month and
2017 up
Inventory 21.3 % was 120 90.0
80.0
100 from at its 75 highest in February level of compared last year . with February
February
2017 of Inventory 2016 and was 2015 .
80.0 70.0
100 80 at its highest level compared with February of 2016 and 2015 .
70.0 60.0
80
60.0 50.0 60
50.0 40.0
60 A comparatively lower MSI is more beneficial for sellers while a 40
40.0 30.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 13.040
30.0 20.0 20 higher months MSI was is better at its lowest for buyers level . The compared February with 2017 February MSI of of 13.0 2016
20.0 10.0
20 months and 2015 was . at its lowest level compared with February of 2016 0
10.0 0.0 and 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
82 90 84 91 94 87 81 76
69
53
2
88 74 91
2
80 88
90 8 92
91 7 81
90 5 78
92 9
76 81
3
67 78 74
5 76 75
4
67 85 9 6
1 3 8 6 4 3 5 4 3 8 2 4 2 2 8 7 5 9 3 5 4 9 6 3 8 11
88 74
90 75 3 9
85 91
8 13
88 101
11 90 97
9 91
96 93
13
101
92 8
97
84 5
96 93 86
7 92
91 5
84 6
8 5 7 5 6 6 6 7
86
3 Mo Avg
6
91 6 7
12 | 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 .