DFW ARCHIVED February 2017 | Page 30

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

County : Tarrant

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
0 %
1 %
Average List Price of all Current Listings
$ 1,981,652
-2%
8 %
February Median Sales Price
$ 1,300,000
-3%
2 %
7 %
0 %
$ 1,300,881
7 %
0 %
February Average Sales Price
$ 1,376,903
1 %
-2%
1 %
-5%
$ 1,371,003
5 %
-5%
Total Properties Currently for Sale ( Inventory )
251
13 %
60 %
February Number of Properties Sold
21
40 %
200 %
36
112 %
February Average Days on Market ( Solds )
96 -55% -21% -29% -18%
145
-11%
24 %
Asking Price per Square Foot ( based on New Listings )
$ 300
3 %
2 %
1 %
1 %
$ 295
-4%
-1%
February Sold Price per Square Foot
$ 233
-5%
-8%
-4%
-10%
$ 238
-1%
-8%
February Month ' s Supply of Inventory
12.0 -20%
4 %
-47%
-1%
13.4
-26%
11 %
February Sale Price vs List Price Ratio
90.6 % 2.7 % -. 8 % -5.7% -1.7%
89.6 %
-2%
-3%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
35
February Property sales were 21 , up 200.0 % from 7 in February of 2016 and 40.0 % higher than the 15 sales last month .
30
Number of Properties Sold
3 Mo Avg
Property
February 2017 Sales sales were at their highest level compared to
February Property of 2016 sales and 2015 were . 21 February , up 200.0 YTD % from sales 7 in of February 36 are
35
25
of running 2016 and 111.8 40.0 % ahead higher of than last the year 15 ' s sales year-to-date last month sales . of 17 .
February 2017 sales were at their highest level compared to
30
20
February of 2016 and 2015 . February YTD sales of 36 are
25
running 111.8 % ahead of last year ' s year-to-date sales of 17 .
15
20
10
15
5
10
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 D
J
F
0
14
15
16
17
Prices
M
A M J
The Median Sales Price in February was $ 1,300,000 , up 7.0 %
14
1,800
Prices from $ 1,215,000 in February of 2016 and down 2.6 % from
The
$ 1,335,000 Median Sales last month Price in . February The Average was Sales $ 1,300,000 Price , in up February 7.0 %
1,700
1,800 from was $ 1,215,000 1,376,903 in , up February 1.0 % from of 2016 $ 1,363,771 and down in February 2.6 % from of 2016
$ and 1,335,000 up 1.0 last % from month $ 1,362,743 . The Average last month Sales Price . February in February 2017 ASP
1,600
1,700
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
Median Sales Price and Average Sales Price
3 Mo Avg
was $ 1,376,903 at a mid range , up 1.0 compared % from $ 1,363,771 to February in February of 2016 and of 2016 2015 . and up 1.0 % from $ 1,362,743 last month . February 2017 ASP was at a mid range compared to February of 2016 and 2015 .
1,500
1,600
1,400
1,500
1,400
1,300
11
1,3001,200

Tarrant

16 19
Agent Name
Title Phone Website Other

Community Information | School District

30 17 19
11 16 19 30 17 19 11 13 7 11 118
Number of Properties Sold
8 12 14 16 18 27 32 24 12 11 9 18 10 7 12 16 29 30 19 26 17 19 16 26 15 21
1,2001,100 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
1,100 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 251 , up 12.6 % from 223 last month and up 59.9 % 300
25.0
The Total Inventory of Properties available for sale as of February
from 157 was
in February 251 , up 12.6
of
%
last from
year 223
. February last month
2017 and
Inventory up 59.9 % was 300 250 25.0
20.0 from at its 157 highest in February level compared of last year with . February
February 2017 of
Inventory
2016 and was 2015 .
250 200 20.0 at its highest level compared with February of 2016 and 2015 . 15.0
200 150 15.0
150 10.0
A comparatively lower MSI is more beneficial for sellers while a 100 10.0
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial February for sellers 2017 MSI while of a 12.0100 50
5.0 higher months MSI was is better at a mid for level buyers compared . The February with February 2017 MSI of of 2016 12.0 and 50
5.0 months 2015 . was at a mid level compared with February of 2016 and 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
11 13 7 11 8 12 14 16 18 27
169 175
177 169
173 175
170 177
157 173
150 170
158 157
141 150 158
139 141
138 118
156 139 173
138 170
156 158
173 162
170
168 158
173 162
172 168
160 136
173
136
172
157 160
136 181
136 191
157 201
210 181
225 191
215 201
226 210
232 225
225 215
202 226 223
232 251 225
32 24 12 11 9 18 10 7 12 16 29 30 19 26 17 19
202 16
223
3 Mo Avg
26
251 15 21
30 | 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 .