DFW ARCHIVED January 2017 | Page 16

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

County : Ellis

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
$ 318,019
0 %
19 %
Average List Price of all Current Listings
$ 334,389
3 %
20 %
January Median Sales Price
$ 218,442
0 %
-2%
17 %
2 %
$ 218,442
17 %
2 %
January Average Sales Price
$ 234,433
-7%
-3%
11 %
1 %
$ 234,433
11 %
1 %
Total Properties Currently for Sale ( Inventory )
411
1 %
-3%
January Number of Properties Sold
138 -30%
5 %
138
5 %
January Average Days on Market ( Solds )
59
11 %
9 %
16 %
23 %
59
16 %
23 %
Asking Price per Square Foot ( based on New Listings )
$ 115
6 %
4 %
14 %
10 %
$ 115
14 %
10 %
January Sold Price per Square Foot
$ 105
-4%
0 %
13 %
3 %
$ 105
13 %
4 %
January Month ' s Supply of Inventory
3.0
45 %
25 %
-7%
36 %
3.0
-7%
36 %
January Sale Price vs List Price Ratio
97.2 %
-. 3 %
. 2 %
. 2 %
-. 1 %
97.2 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
350
January Property sales were 138 , up 4.5 % from 132 in January of 2016 and 29.9 % lower than the 197 sales last month . January
300
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
350
January
2016 and Property 2015 . sales January were YTD 138 , sales up 4.5 of % 138 from are 132 running January 4.5 %
250
of ahead 2016 and of last 29.9 year % lower ' s year-to-date than the 197 sales sales of last 132 . month . January
2017 sales were at their highest level compared to January of
300
200
2016 and 2015 . January YTD sales of 138 are running 4.5 %
250
ahead of last year ' s year-to-date sales of 132 .
150
200
100
150
50
100
50
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
The Median Sales Price in January was $ 218,442 , up 17.2 % from
F
M A M J
14
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F M Sales A M J Price
J
A S O N D
J
15
16
17
3 Mo Avg
Prices
$ 186,450 in January of 2016 and up 0.1 % from $ 218,301 last
The month Median . The Sales Average Price Sales in January Price was in January $ 218,442 was , up $ 17.2 234,433 % from , up
$
11.3 186,450 % from in January $ 210,714 of in 2016 January and up of 0.1 2016 % from and $ down 218,301 6.8 last % from
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
month
$ 251,403 . The last Average month Sales . January Price in 2017 January ASP was $ at 234,433 the highest , up level
11.3 compared % from $ to 210,714 January in January of 2016 of and 2016 2015 and . down 6.8 % from
270
$ 251,403 last month . January 2017 ASP was at the highest level
250
250
230
compared to January of 2016 and 2015 .
230
210
210
190
190 170
144 176 166 201 199 210 212 170 170 151 170 119 138 200 167 227 228 249 229 223 198 178 185 132 140 215 219 234 286 242 253 249 188 205 197 138
170
150
150
F
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
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
Inventory & MSI
14
15
16
Total Inventory & Month ' s Supply of Inventory ( MSI )
17
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
January Total Inventory was 411 , up of 1.2 Properties % from available 406 last month for sale and as of down 2.6 %
January from 422 was in 411 January , up 1.2 % of from last year 406 . last January month 2017 and down Inventory 2.6 % was
700 at from its lowest 422 in level January compared of last year with . January 2017 of 2016 Inventory and 2015 was . at
600 its lowest level compared with January of 2016 and 2015 .
500
700
600
500
400
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
3.5
3.0
4.5
4.0
3.5
3.0
2.5
400
300
2.5
2.0
A comparatively lower MSI is more beneficial for sellers while
300 a
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 3.0
200 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 3.0 of 2016 months was at its lowest level compared with January of 2016
100 and 2015 . and 2015 .
0
2.0
200
1.5
100
1.0
0
0.5
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
16 A M J
J
A S O N D J
17
14
15
16
17
1.5
1.0
0.5
0.0
566 571
144 566 559

Ellis

176 571
581 578
Agent Name
166 559
Title Phone Website Other

Community Information | School District

201 581 583
199 578 613
210 583
546 508
212 613
170 170 151 170
Number of Properties Sold
119 138 200 167 227 228 249 229 223
455 546
421 508
418 455
413 421
399
418 428
413
429 399 458 500
428
450 429
449 458
449 500
418 450
408 449
422 449
449 418
433 408
427 422
426 449
449 433 467
427 491 426 474
449 468
467 436
491 406
474 411
468
198 178 185 132 140 215 219 234 286 242 253 249 188 436
3 Mo Avg
205
406 197
411 138
16 | 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 .