DFW ARCHIVED February 2017 | Page 14

Ellis Community Information | School District

Ellis 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
$ 1,600,000
0 %
23 %
Average List Price of all Current Listings
$ 1,600,000
0 %
9 %
February Median Sales Price
$ 2,282,017
23 %
60 %
$ 2,282,017
23 %
60 %
February Average Sales Price
$ 2,282,017
23 %
60 %
$ 2,282,017
0 %
60 %
Total Properties Currently for Sale ( Inventory )
3
0 %
0 %
February Number of Properties Sold
1
1
0 %
February Average Days on Market ( Solds )
2
0 %
-33%
2
0 %
-33%
Asking Price per Square Foot ( based on New Listings )
$ 1,242
0 %
71 %
0 %
269 %
$ 1,242
0 %
269 %
February Sold Price per Square Foot
$ 1,242
72 %
509 %
$ 1,242
0 %
509 %
February Month ' s Supply of Inventory
3.0
0 %
0 %
0 %
0 %
3.0
0 %
0 %
February Sale Price vs List Price Ratio
100.0 %
2.4 %
4.9 %
100.0 %
0 %
5 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , up from 0 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their highest level compared to February of 2016 and 2015 . February YTD sales of 1 are running ahead of last year ' s year-to-date sales of 0 .
1
1
1
Number of Properties Sold
3 Mo Avg
1
0
0
Prices The Median Sales Price in February was $ 2,282,017 , up from $ 0 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 2,282,017 , up from $ 0 in February of 2016 and up from $ 0 last month . February 2017 ASP was at the highest level compared to February of 2016 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 D J F
3 Mo Avg 0 14
15 16
17
Median Sales Price and Average Sales Price
3 Mo Avg
2,300 2,200 2,100 2,000 1,900 1,800 1,700 1,600 1,500 1,400
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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1
Inventory & MSI The Total Inventory of Properties available for sale as of February was 3 , equal to 3 last month and equal to 3 in February of last year . February 2017 Inventory was at its lowest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 3.0 months was at its highest level compared with February of 2016 and 2015 .
10 8 6 4 2 0
10
Total Inventory & Month ' s Supply of Inventory ( MSI )
8
3.5
3.0
6
2.5
4
2.0
1.5
2
1.0
0
0.5
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
M15 A 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
3
4
4
4
4 3
4
5
4
5
4
4
4 4 4 4
4
3
4
2
3
2
6
6
6
6 6 6 6 6 6
8
6 7 6 7 6
7
7
8
9 9
9
9
3
3 3 3
2
3
2
3
4 3 4
4 3
4
5
4
4
4
5
4
3
3 3 3 3
3
3
3
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
14 | c o l d w e l l b a n k e r h o m e s . c o m