DFW ARCHIVED January 2017 | Page 20

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

County : Hood

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
$ 245,450
-2%
3 %
Average List Price of all Current Listings
$ 282,527
-1%
3 %
January Median Sales Price
$ 214,200
-7%
9 %
22 %
6 %
$ 214,200
22 %
6 %
January Average Sales Price
$ 222,397
-14%
0 %
15 %
-1%
$ 222,397
15 %
-1%
Total Properties Currently for Sale ( Inventory )
340
7 %
-6%
January Number of Properties Sold
84 -12%
4 %
84
4 %
January Average Days on Market ( Solds )
71
-5%
-5% -17%
1 %
71
-17%
1 %
Asking Price per Square Foot ( based on New Listings )
$ 115
8 %
3 %
7 %
4 %
$ 115
7 %
4 %
January Sold Price per Square Foot
$ 106
-5%
2 %
16 %
2 %
$ 106
16 %
2 %
January Month ' s Supply of Inventory
4.0
21 %
13 %
-9%
18 %
4.0
-9%
18 %
January Sale Price vs List Price Ratio
96.2 %
2.6 % 2.1 % 4.6 % 1.6 %
96.2 %
5 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales 160
January Property sales were 84 , up 3.7 % from 81 in January of Number of Properties Sold
3 Mo Avg
2016 and 11.6 % lower than the 95 sales last month . January 140 Property 2017 sales Sales were at their highest level compared to January of 160 120 January 2016 and Property 2015 . sales January were YTD 84 , up sales 3.7 of % from 84 are 81 running January 3.7 of % 2016 ahead and of 11.6 last % year lower ' s year-to-date than the 95 sales last of month 81 . . January 140 100 2017 sales were at their highest level compared to January of
120 2016 and 2015 . January YTD sales of 84 are running 3.7 %
80 ahead of last year ' s year-to-date sales of 81 . 100
60
80 40
60 20
40
0
20 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 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 14
15 16
17 3 Mo Avg The Median Sales Price in January was $ 214,200 , up 22.4 %
300
Prices from $ 175,000 in January of 2016 and down 6.9 % from Median Sales Price and Average Sales Price
3 Mo Avg The $ 230,000 Median last Sales month Price . in The January Average was Sales $ 214,200 Price , up in 22.4 January % was
280
300 from $ 222,397 $ 175,000 , up in 14.5 January % from of $ 2016 194,223 and in down January 6.9 % of from 2016 and 260 $ 230,000 last month . The Average Sales Price in January was
280
down 14.0 % from $ 258,480 last month . January 2017 ASP was 240 $ at 222,397 the highest , up 14.5 level % from compared $ 194,223 to January in of of 2016 2016 and and 2015 .
260 220
down 14.0 % from $ 258,480 last month . January 2017 ASP was 240 200 at the highest level compared to January of 2016 and 2015 . 220
180 200
160 180
140 160
120 140
100 120
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 100
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 340 , up of Properties 6.9 % from available 318 last for month sale as and of down 5.8 % 700
10.0
January from 361 was in 340 January , up 6.9 of % last from year 318 . January last month 2017 and Inventory down 5.8 % was 700 at 600 10.0
8.0 from a mid 361 level in January compared of last with year January . January of 2016 2017 and Inventory 2015 . was at 600 500
8.0 a mid level compared with January of 2016 and 2015 .
500 400 6.0
400 6.0
300 4.0
A comparatively lower MSI is more beneficial for sellers while 300 a 200 4.0
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 4.0 200 2.0 higher months MSI was is better at its lowest for buyers level . The compared January with 2017 January MSI of 4.0 of 2016 100
2.0 months was at its lowest level compared with January of 2016 100 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 16 A M J
17
55 62 83 73 88 87 104 81 77 55 73 57 54 88 65 111 120 151 124 119 112 71 96 81 71 97 120 146 135 120 142 117 110 101 95 84
494
F 14

Hood

55 62
531
494 580
585 531 607
Agent Name
83 580
Title Phone Website Other

Community Information | School District

73 585 597
88 607
565 505
87 597
442 104
565
402 81
505
330 77
442 402
337 366
J A S O N D J
15
55 73
Number of Properties Sold
57 54 88 65 111 120 151 124 119
330 392 337 419 366 455 392 430 432
419
430 455
413 430
427 432
389 430
354 413
361 427
381 389
378 354
393 361
383 381 372 378
372 393
369 383
354 372
356 372
340 369
318 354
340 356
J A S O N D J
16
112 71 96 81 71 97 120 146 135 120 142
J A S O N D J 17
117 340
110 318
3 Mo Avg
101
340 95 84
20 | 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 .