DFW ARCHIVED January 2017 | Page 32

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

County : Smith

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
$ 252,500
-3%
11 %
Average List Price of all Current Listings
$ 332,917
-3%
11 %
January Median Sales Price
$ 180,200
3 %
2 %
-1%
1 %
$ 180,200
-1%
1 %
January Average Sales Price
$ 245,874
17 %
15 %
13 %
7 %
$ 245,874
13 %
7 %
Total Properties Currently for Sale ( Inventory )
1,139
7 %
5 %
January Number of Properties Sold
144 -28%
-15%
144
-15%
January Average Days on Market ( Solds )
66
-8%
-3% -18%
3 %
66
-18%
3 %
Asking Price per Square Foot ( based on New Listings )
$ 109
2 %
2 %
-2%
-3%
$ 109
-2%
-3%
January Sold Price per Square Foot
$ 98
1 %
1 %
-1%
-5%
$ 98
-1%
-5%
January Month ' s Supply of Inventory
7.9
48 %
23 %
23 %
59 %
7.9
23 %
59 %
January Sale Price vs List Price Ratio
95.0 %
-. 2 %
. 6 %
1.8 %
-. 0 %
95.0 %
2 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Smith

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Property Sales
350
January Property sales were 144 , down 14.8 % from 169 in
January of 2016 and 27.6 % lower than the 199 sales last month .
300
Number of Properties Sold
3 Mo Avg
Property
January 2017 Sales sales were at their lowest level compared to
January Property of 2016 sales and 2015 were . 144 January , down YTD 14.8 % sales from of 169 144 in are
350
250
January running of 14.8 2016 % and behind 27.6 last % lower year than ' s year-to-date the 199 sales sales last of month 169 . .
January 2017 sales were at their lowest level compared to
300
200
January of 2016 and 2015 . January YTD sales of 144 are
250
running 14.8 % behind last year ' s year-to-date sales of 169 .
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 $ 180,200 , down 1.3 %
Prices from $ 182,500 in January of 2016 and up 3.0 % from $ 175,000
The last Median month Sales . The Price Average in January Sales Price was $ in 180,200 January , down was $ 1.3 245,874 % ,
400 from up 12.7 $ 182,500 % from in $ January 218,218 of in 2016 January and of up 2016 3.0 % and from up $ 175,000 16.7 % from
F
M A M J
14
400
350
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
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
last
$ 210,701 month . last The month Average . January Sales Price 2017 in January ASP was was at the $ 245,874 highest , level up compared 12.7 % from to $ January 218,218 of in 2016 January and of 2015 2016 . and up 16.7 % from
350
300
$ 210,701 last month . January 2017 ASP was at the highest level
compared to January of 2016 and 2015 .
300
250
156 192 219 254 283 226 232 244 239 204 226 153 147 240 223 256
156 192 219 254 283 226 232 244 239 204 226 153 147 240 223 256 313 306 316 228 235 171 231 169 185 228 248 277 331 280 302 266 234 194 199 144
313 306 316 228 235 171 231 169 185 228 248 277 331 280 302 266 234
3 Mo Avg
194 199 144
250 200
200 150
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 1,139 , of up Properties 6.9 % from available 1,065 last for sale month as of and up 4.8 % 1,600
9.0
January from 1,087 was 1,139 in January , up 6.9 of % last from year 1,065 . January last month 2017 and Inventory up 4.8 % was 1,6001,400
9.0 8.0 from at its 1,087 highest in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . 1,4001,200
8.0 7.0 at its highest level compared with January of 2016 and 2015 . 1,2001,000
7.0 6.0
1,000
6.0 5.0 800
5.0 4.0
800 600 A comparatively lower MSI is more beneficial for sellers while a
4.0 3.0 600
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 7.9 400
3.0 2.0 higher MSI is better for buyers . The January 2017 MSI of 7.9
400 months was at its highest level compared with January of 2016 200
2.0 1.0 months was at its highest level compared with January of 2016 200 and 2015 .
0
1.0 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
1,178 1,247 1,299 1,246 1,294 1,406 1,373 1,282 1,219
1,178 1,247 1,299 1,246 1,294 1,406 1,373 1,282 1,219 1,110 992 968 1,110 992 968 992 1,016 1,069 1,104 1,107 1,140 1,124 1,185 1,191 1,133 1,053 1,087
992 1,016 1,069 1,104 1,107 1,140 1,124 1,185
1,132 1,131 1,174 1,173 1,207 1,246 1,242 1,199 1,179 1,155
1,191 1,133 1,053 1,087 1,132 1,131 1,174 1,173 1,207 1,246 1,242 1,199 1,179 1,155 1,065 1,139
1,065 1,139
32 | 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 .