DFW ARCHIVED January 2017 | Page 8

Market Action Report January 2017
Phone Community Information | School District

County : Cherokee

Price Range : All | Properties : SFH - Con

Cherokee

Agent Name
Market Action Report January 2017

Phone Community Information | School District

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
$ 187,500
-1%
44 %
Average List Price of all Current Listings
$ 244,185
-1%
1 %
January Median Sales Price
$ 159,000
59 %
17 %
13 %
24 %
$ 159,000
13 %
24 %
January Average Sales Price
$ 236,404
68 %
31 %
52 %
41 %
$ 236,404
52 %
41 %
Total Properties Currently for Sale ( Inventory )
171
-3%
8 %
January Number of Properties Sold
13 -43%
-13%
13
-13%
January Average Days on Market ( Solds )
120 118 % 28 % -10%
22 %
120
-10%
22 %
Asking Price per Square Foot ( based on New Listings )
$ 111
-8%
11 %
35 %
16 %
$ 111
35 %
16 %
January Sold Price per Square Foot
$ 90
24 %
8 %
-3%
12 %
$ 90
-2%
13 %
January Month ' s Supply of Inventory
13.2
72 %
34 %
24 %
72 %
13.2
24 %
72 %
January Sale Price vs List Price Ratio
91.1 %
-. 5 % -. 0 % 4.4 % 1.2 %
91.1 %
4 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Title
Website Other
Number of Properties Sold
Property Sales
40
January Property sales were 13 , down 13.3 % from 15 in January of 2016 and 43.5 % lower than the 23 sales last month . January
35
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their lowest level compared to January of
January
2016 and Property 2015 . sales January were YTD 13 , down sales 13.3 of 13 % are from running 15 January 13.3 %
40
30
of behind 2016 and last 43.5 year %' s lower year-to-date than the sales 23 sales of 15 last . month . January
35
25
2017 sales were at their lowest level compared to January of
2016 and 2015 . January YTD sales of 13 are running 13.3 %
30
20
behind last year ' s year-to-date sales of 15 .
25
15
20
10
15
5
10
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 N D
J
0
14
15
16
17
Prices
F
M A M J
The Median Sales Price in January was $ 159,000 , up 13.2 %
14
350
Prices from $ 140,500 in January of 2016 and up 59.0 % from
The
$ 100,000 Median last Sales month Price . in The January Average was Sales $ 159,000 Price , up in 13.2 January % was
350
300 from
$ 236,404 $ 140,500 , up in 51.9 January % from of $ 2016 155,660 and in up January 59.0 % from of 2016 and up
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
$
68.3 100,000 % from last $ month 140,459 . The last Average month Sales . January Price 2017 in January ASP was at the
300
$ highest 236,404 level , up 51.9 compared % from $ to 155,660 January in of January 2016 and of 2016 2015 and . up
250
68.3 % from $ 140,459 last month . January 2017 ASP was at the
250
200
highest level compared to January of 2016 and 2015 .
200
150
14 10 20 31 32 15 11 20 20 21 15 15 11 24 24 32
14 10 20 31 32 15 11 20 20 21 15 15 11 24 24 32 14 29 14 24 13 18 15 15 15 22 23 31 19 22 28 34 24 19 23 13
14 29 14 24 13 18 15 15 15 22 23 31 19 22 28 34 24
3 Mo Avg
19 23 13
150 100 50
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of The January Total Inventory was 171 , down of Properties 2.8 % from available 176 last for month sale as and of up 7.5 % January from 159 was in 171 January , down of 2.8 last % from year 176 . January last month 2017 and Inventory up 7.5 % was at 200 from its highest 159 in January level compared of last year with . January 2017 of 2016 Inventory and 2015 was . at its highest level compared with January of 2016 and 2015 . 150
100 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial January for 2017 sellers MSI while of a 13.2
higher MSI is better for buyers . The January 2017 MSI of 13.2
50 months was at its highest level compared with January of 2016 months and 2015 was . at its highest level compared with January of 2016
and 2015 . 0
100
50 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
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
Total Inventory & Month ' s Supply of Inventory ( MSI ) Total Inventory & Month ' s Supply of Inventory ( MSI )
200 20.0
150
172
100
50
179 172 172
179
185
189 172
185 185
180 189
159 185
159 180 156 159
148 159
158 156
155 148
149 158
139 155
148
149 152 139 166
148 178
152 182
180 166
176 178
153 182
159 180
159 176
155 153
157 159
166 159 172
155 178 157
163
166 171
172 165
178
165 163 176
171
171 165
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 16 A M J J A S O N D J
17 14
15 16
17
20.0
165
15.0
10.0
5.0
176
171
15.0
10.0
5.0
0.0
8 | 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 .