DFW ARCHIVED January 2017 | Page 34

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

County : Tarrant

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
$ 304,925
2 %
22 %
Average List Price of all Current Listings
$ 457,857
3 %
24 %
January Median Sales Price
$ 200,000
-3%
0 %
12 %
1 %
$ 200,000
12 %
1 %
January Average Sales Price
$ 242,589
-6%
-3%
8 %
-1%
$ 242,589
8 %
-1%
Total Properties Currently for Sale ( Inventory )
3,424
3 %
13 %
January Number of Properties Sold
1,374 -34%
-8%
1,374
-8%
January Average Days on Market ( Solds )
40
5 %
11 % -15%
18 %
40
-15%
18 %
Asking Price per Square Foot ( based on New Listings )
$ 121
8 %
5 %
11 %
7 %
$ 121
11 %
7 %
January Sold Price per Square Foot
$ 107
-2%
-1%
10 %
1 %
$ 107
9 %
1 %
January Month ' s Supply of Inventory
2.5
55 %
28 %
23 %
57 %
2.5
23 %
57 %
January Sale Price vs List Price Ratio
97.3 %
. 2 %
-. 0 %
. 7 %
-. 8 %
97.3 %
1 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales January Property sales were 1,374 , down 8.5 % from 1,501 in January of 2016 and 33.7 % lower than the 2,071 sales last Property month . January Sales 2017 sales were at a mid level compared to
January Property of 2016 sales and 2015 were . 1,374 January , down YTD 8.5 % sales from of 1,501 1,374 in are January running of 8.5 2016 % behind and 33.7 last % lower year ' s than year-to-date the 2,071 sales last of 1,501 . month . January 2017 sales were at a mid level compared to January of 2016 and 2015 . January YTD sales of 1,374 are running 8.5 % behind last year ' s year-to-date sales of 1,501 .
2,500 3,000
2,000 2,500
1,500 2,000
1,000 1,500
1,000

Tarrant

3,000
500
1,440 1,868
Agent Name
Title Phone Website Other

Community Information | School District

2,116 2,498 2,529
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
The Median Sales Price in January was $ 200,000 , up 12.4 %
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 from $ 178,000 in January of 2016 and down 2.9 % from
The
$ 206,000 Median last Sales month Price . in The January Average was Sales $ 200,000 Price , up in January 12.4 % was from
$ 242,589 $ 178,000 , up in 8.3 January % from of $ 223,907 2016 and in down January 2.9 % of from 2016 and down
290
290
270
Median Sales Price and Average Sales Price
3 Mo Avg
$
6.0 206,000 % from last $ 258,067 month . The last Average month . Sales January Price 2017 in January ASP was was at the
$ highest 242,589 level , up 8.3 compared % from $ to 223,907 January in January of 2016 and of 2016 2015 and . down
270
6.0 % from $ 258,067 last month . January 2017 ASP was at the
250
250
230
highest level compared to January of 2016 and 2015 .
230
210
210
190
190
170
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 3,424 of , up Properties 3.1 % from available 3,320 for last sale month as of and up
January
12.9 % from was 3,424 3,034 , up in 3.1 January % from of 3,320 last year last . month January and 2017 up
6,000
6,000
5,000
Total Inventory & Month ' s Supply of Inventory ( MSI )
3.5
3.5
3.0
12.9
Inventory % from 3,034 was at in its January highest of level last year compared . January with 2017 January of
5,000
3.0
Inventory
2016 and was 2015 at . its highest level compared with January of
4,000
2.5
2016 and 2015 .
4,000
3,000
2.0
3,000
A comparatively lower MSI is more beneficial for sellers while a
2,000
1.5
A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 2.5
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 2.5 of
20161,000 months was at its highest level compared with January of 2016
0.5 and 2015 .
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
2.5
2.0
1.5
1.0
0.5
0.0
2,518 2,425 2,122
1,440 1,868 2,116 2,498 2,529 2,518 2,425 2,122 2,166 1,582 1,921 1,307 1,447 2,071 2,122 2,450 2,738 2,745 2,680 2,279 2,022 1,696 2,179 1,501 1,745 2,275 2,338 2,425 2,745 2,533 2,712 2,390 2,186 2,029 2,071 1,374
4,724 4,945 5,047 5,107
4,592
4,383 4,328
4,512 4,383
4,724 4,328
4,945 4,512 5,047 5,107
4,592 4,044
3,573 3,009
2,166
4,044
1,582 1,921
Number of Properties Sold
1,307 1,447
3,573 3,009 3,061 3,089 3,125
2,071
3,061 3,089 3,125 3,282 3,518 3,770
2,122 2,450 2,738 2,745 2,680 2,279 2,022 1,696
4,019 4,062 4,098 3,955 3,647 3,207 3,034 3,058 3,084
3,282 3,518 3,770 4,019 4,062 4,098 3,955 3,647
2,179
3,207
3,034 1,501 1,745
3,058 3,084
3,323 3,331
3,693
2,275 2,338 2,425 2,745
3 Mo Avg
2,533 2,712
3,961 3,323 3,924
3,912
3,895 3,579 3,320 3,424 2,390 2,186
3,331 3,693 3,961 3,924 3,912 3,895
3,579
3 Mo Avg
2,029 2,071
3,320 3,424
1,374
34 | 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 .