Market Action Report January 2017
Community Information | School District
Market Action Report January 2017
County : Dallas
Price Range : All | 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 |
$ 379,900 |
3 % |
|
27 % |
|
|
|
|
Average List Price of all Current Listings |
$ 751,827 |
3 % |
|
29 % |
|
|
|
|
January Median Sales Price |
$ 199,450 |
-7% |
-5% |
18 % |
-3% |
$ 199,450 |
18 % |
-3% |
January Average Sales Price |
$ 295,187 |
-6% |
-6% |
16 % |
-5% |
$ 295,187 |
16 % |
-5% |
Total Properties Currently for Sale ( Inventory ) |
3,684 |
12 % |
|
21 % |
|
|
|
|
January Number of Properties Sold |
1,264 -32% |
-7% |
1,264 |
-7% |
January Average Days on Market ( Solds ) |
39 |
0 % |
5 % |
-13% |
11 % |
39 |
-13% |
11 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 170 |
15 % |
8 % |
13 % |
10 % |
$ 170 |
13 % |
10 % |
January Sold Price per Square Foot |
$ 136 |
0 % |
-1% |
15 % |
0 % |
$ 136 |
14 % |
-1% |
January Month ' s Supply of Inventory |
2.9 |
65 % |
30 % |
30 % |
63 % |
2.9 |
30 % |
63 % |
January Sale Price vs List Price Ratio |
97.0 % |
. 0 % |
. 0 % |
. 7 % |
-. 7 % |
97.0 % |
1 % |
-1% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
2,500 January Property sales were 1,264 , down 6.9 % from 1,357 in January of 2016 and 32.3 % lower than the 1,866 sales last Property month . January Sales 2017 sales were at a mid level compared to 2,000
2,500
January Property of 2016 sales and 2015 were . 1,264 January , down YTD 6.9 % sales from of 1,357 1,264 in are January running of 6.9 2016 % behind and 32.3 last % lower year ' s than year-to-date the 1,866 sales last of 1,357 . month . January 2017 sales were at a mid level compared to 2,0001,500 January of 2016 and 2015 . January YTD sales of 1,264 are running 6.9 % behind last year ' s year-to-date sales of 1,357 . 1,5001,000
1,000
Dallas
500
Number of Properties Sold
500 0 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
0 14 15
16 17
Prices
F M A M J J A S OMedian N D J F Sales M A M Price J J A and S O NAverage D J F MSales A M J Price J A S O N D J 14
15 16
17 3 Mo Avg The Median Sales Price in January was $ 199,450 , up 17.7 % from
350
Prices $ 169,500 in January of 2016 and down 7.1 % from $ 214,762 last Median Sales Price and Average Sales Price
3 Mo Avg The month Median . The Sales Average Price Sales in January Price was in January $ 199,450 was , up $ 17.7 295,187 % from , up
330
350 $ 16.0 169,500 % from in January $ 254,579 of 2016 in January and down of 2016 7.1 % and from down $ 214,762 5.9 % last from 310 month . The Average Sales Price in January $ 295,187 , up
330
$ 313,550 last month . January 2017 ASP was at the highest level 290 16.0 compared % from $ to 254,579 January in of January 2016 and of 2016 2015 and . down 5.9 % from 310 270 $ 313,550 last month . January 2017 ASP was at the highest level 290 250 compared to January of 2016 and 2015 .
270 230
250 210
230 190
210 170
190 150
170 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
150 14
15 16
17
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
15 16
17
Inventory & MSI Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory The Total Inventory & MSI of Properties available for sale as of Total Inventory & Month ' s Supply of Inventory ( MSI )
The January Total Inventory was 3,684 of , up Properties 11.8 % from available 3,295 for last sale month as of and up 6,000
3.5
January 21.1 % from was 3,684 3,041 , up in January 11.8 % from of last 3,295 year last . January month and 2017 up 6,000 5,000
3.5 3.0
21.1 Inventory % from 3,041 was at in its January highest of level last year compared . January with 2017 January of 5,000
3.0 2.5
Inventory 2016 and was 2015 at . its highest level compared with January of 4,000
2.5 2016 and 2015 .
4,000 2.0
3,000 2.0
3,000 1.5
A comparatively lower MSI is more beneficial for sellers while a 2,000 1.5
1.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 2.9 2,000 1,000
1.0 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 2.9 of 2016
0.5 1,000 months was at its highest level compared with January of 2016 0.5 and 2015 . 0
0.0 and 2015 .
0
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 0.0 N D J
M
14 A M J
F M 15
A M J
F M A 16
M J 17
1,444 1,768 1,959 2,151 2,248 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,271 2,342 2,188 1,983 1,899 1,538 2,040 1,357 1,650 2,138 2,195 2,247 2,271 2,037 2,260 2,071 1,845 1,825 1,866 1,264
4,138 4,100 4,286 4,559 4,606 4,724 4,786
4,378 3,959
3,520 2,895 2,929
F
14
1,444 1,768
Agent Name
Title Phone Website Other
Community Information | School District
1,959 2,151
4,138 4,100 4,286 4,559
2,248 2,139 2,042 1,841 1,868
4,606 4,724 4,786
4,378 3,959
J A S O N D J
15
1,453 1,740
Number of Properties Sold
1,151 1,476 1,944
3,520 2,895 2,929 2,879 2,840 3,072
2,879 2,840 3,072 3,263 3,500
1,969 2,146 2,271 2,342 2,188 1,983
3,778 3,835 3,814 3,736 3,532 2,994 3,041 3,065 3,174
J A S O N D J 16
1,899
3,263 3,500 3,778 3,835 3,814 3,736 3,532 1,538 2,040
2,994
3,041 1,357 1,650 2,138
3,232 3,302
3,065 3,605 3,174 3,750 3,232 3,684
2,195
3,302 2,247 2,271
3 Mo Avg
2,037 2,260
3,947 3,956 3,773
3,295 3,684
J A S O N D J
17
2,071 1,845
3,605 3,750 3,684 3,947 3,956 3,773
3 Mo Avg
1,825 1,866
3,295 3,684
1,264
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 : 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 .