DFW ARCHIVED January 2017 | Page 14

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

County : Denton

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
$ 429,900
1 %
9 %
Average List Price of all Current Listings
$ 517,832
0 %
9 %
January Median Sales Price
$ 271,229
-3%
-2%
9 %
0 %
$ 271,229
9 %
0 %
January Average Sales Price
$ 321,686
-1%
1 %
10 %
1 %
$ 321,686
10 %
1 %
Total Properties Currently for Sale ( Inventory )
2,063
8 %
16 %
January Number of Properties Sold
689 -38%
3 %
689
3 %
January Average Days on Market ( Solds )
47
2 %
9 %
9 %
24 %
47
9 %
24 %
Asking Price per Square Foot ( based on New Listings )
$ 133
0 %
0 %
7 %
4 %
$ 133
7 %
4 %
January Sold Price per Square Foot
$ 126
1 %
1 %
10 %
3 %
$ 126
11 %
3 %
January Month ' s Supply of Inventory
3.0
73 %
31 %
12 %
64 %
3.0
12 %
64 %
January Sale Price vs List Price Ratio
97.2 %
. 4 %
. 1 %
-. 1 %
-. 8 %
97.2 %
-0%
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
1,800
January Property sales were 689 , up 3.1 % from 668 in January of 2016 and 37.8 % lower than the 1,108 sales last month .
1,600
Property
January 2017 Sales sales were at their highest level compared to
1,8001,400
January Property of 2016 sales and 2015 were . 689 January , up 3.1 YTD % from sales 668 of in 689 January are of running 2016 and 3.1 37.8 % ahead % lower of than last year the 1,108 ' s year-to-date sales last month sales of . 668 .
1,6001,200
January 2017 sales were at their highest level compared to
1,4001,000
January of 2016 and 2015 . January YTD sales of 689 are running 3.1 % ahead of last year ' s year-to-date sales of 668 .
1,200
800
1,000
600
Number of Properties Sold
800
400
600
200
400
0
200
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
The Median Sales Price in January was $ 271,229 , up 9.1 % from
F
M A M J
14
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
15
16
17
3 Mo Avg
Prices
$ 248,500 in January of 2016 and down 3.2 % from $ 280,250
The last Median month Sales . The Price Average in January Sales Price was $ in 271,229 January , up was 9.1 % $ 321,686 from ,
$ up 248,500 10.1 % in from January $ 292,148 of 2016 in and January down of 3.2 2016 % from and $ down 280,250 0.7 %
340
340
320
Median Sales Price and Average Sales Price
3 Mo Avg
last from month $ 324,034 . The Average last month Sales . January Price in January 2017 ASP was was $ 321,686 at the , up highest 10.1 % from level $ compared 292,148 in to January of of 2016 2016 and and down 2015 0.7 . % from $ 324,034 last month . January 2017 ASP was at the
320
300
300
280
highest level compared to January of 2016 and 2015 .
280
260
260
240
240 220

Denton

740 1,007
740 1,007 1,083 1,276 1,429 1,415 1,358 1,085 1,067 794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,414 1,212 1,025 814 1,087 668 919 1,252 1,185 1,387 1,471 1,387 1,475 1,274 1,080 971 1,108 689
220 200 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
200 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 2,063 of , up Properties 7.5 % from available 1,919 last for sale month as of and up 15.9 % 3,000
3.5
January from 1,780 was 2,063 in January , up 7.5 of % last from year 1,919 . January last month 2017 and Inventory up 15.9 % was 3,000 2,500
3.5 3.0 from at its 1,780 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . 2,500
3.0 2.5 at its highest level compared with January of 2016 and 2015 . 2,000 2.5
2,000 2.0
1,500 2.0
1,500 1.5
A comparatively lower MSI is more beneficial for sellers while a 1,000 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 3.0 1,000
500 1.0 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 3.0 of 2016 0.5
500 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
F M
14
A M J J A S O N D J F M 15
A M J J A S O N D J F M A 16
M J J A S O N D J 17
14 15
16
17
1,971 1,998 2,087
2,310
Agent Name
Title Phone Website Other

Community Information | School District

1,971
1,083 1,276 1,429
2,417 2,470 2,529
1,998 2,087
1,415 1,358 1,085
2,310 2,417 2,470 2,529
2,260
1,067
2,098
2,260 2,098
1,834 1,539 1,590 794 1,013
Number of Properties Sold
634
1,834 1,539 1,590 1,567
776
1,567 1,611
1,769 1,925
1,036 1,121 1,329 1,529
2,120 2,297 2,228 2,124 2,075
1,611 1,769
1,495 1,414 1,212 1,025
1,925
2,120 2,297 2,228 2,124 2,075 1,936 814 1,087
1,758 1,780
668
1,936 1,758 1,780 1,822 1,906 2,003 2,046
919 1,252 1,185 1,387
2,250 2,397 2,317 2,299 2,231
1,822 1,906
1,471
3 Mo Avg
1,387 1,475
2,088 1,919 2,063 1,274 1,080
2,003
2,046 2,250 2,397 2,317 2,299 2,231 2,088
3 Mo Avg
971 1,108
1,919 2,063
689
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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 .