DFW ARCHIVED January 2017 | Page 22

Smith Community Information | School District

Smith 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
$ 1,325,000
-4%
-12%
Average List Price of all Current Listings
$ 1,568,161
-6%
-2%
January Median Sales Price
$ 4,750,000
0 %
265 %
$ 4,750,000
0 %
265 %
January Average Sales Price
$ 4,750,000
0 %
-13%
$ 4,750,000
0 %
-13%
Total Properties Currently for Sale ( Inventory )
31
-9%
15 %
January Number of Properties Sold
1
1
0 %
January Average Days on Market ( Solds )
332
0 %
343 %
332
0 %
343 %
Asking Price per Square Foot ( based on New Listings )
$ 231
0 %
-1% -20% -60%
$ 231
-20%
-60%
January Sold Price per Square Foot
$ 856
0 %
-52%
$ 856
0 %
-52%
January Month ' s Supply of Inventory
31.0
0 %
0 %
0 %
17 %
31.0
0 %
17 %
January Sale Price vs List Price Ratio
69.6 %
. 1 %
-20.8%
69.6 %
0 %
-21%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales January Property sales were 1 , up from 0 in January of 2016 and higher than the 0 sales last month . January 2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 1 are running ahead of last year ' s year-to-date sales of 0 .
Prices The Median Sales Price in January was $ 4,750,000 , up from $ 0 in January of 2016 and up from $ 0 last month . The Average Sales Price in January was $ 4,750,000 , up from $ 0 in January of 2016 and up from $ 0 last month . January 2017 ASP was at the highest level compared to January of 2016 and 2015 .
Number of Properties Sold
5
4
4
3
3
2
2
1
1
0
-1
F
M A M J
14
J
A
S O N D
J
F M A M J
15
J
A
S O N D
J
F M A M J
16
J
A
S O N D
J
3 Mo Avg
17
Median Sales Price and Average Sales Price
3 Mo Avg
41,000 36,000 31,000 26,000 21,000 16,000 11,000 6,000 1,000
3 Mo Avg
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
0 0 0 0 0 1 0 0 0 0 0 0 0 2 2 0 0 0 1 1 2 0 0 0 1 1 1 0 4 1 2 0 0 0 0 1
Inventory & MSI The Total Inventory of Properties available for sale as of January was 31 , down 8.8 % from 34 last month and up 14.8 % from 27 in January of last year . January 2017 Inventory was at its highest level compared with January of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The January 2017 MSI of 31.0 months was at its highest level compared with January of 2016 and 2015 .
50 40 30 20 10 0
50
40
30
20
10
20
18
20
22
24 18
27 22
24 31
Total Inventory & Month ' s Supply of Inventory ( MSI )
27
28
31
26
28
23
26
22
23
20
22
22
20 25
23
23 23
27 28
34 29 30
27 23
26 23 28
28 26 25 25 27 28 29 30 30
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 M14A M J J A S O N D J F M15A M J J A S O N D J 14
15
16
22
23
25
27
26
28
28
26
25
25
45.0
40.0
35.0
30.0
25.0
20.0
15.0
10.0
5.0
F M A M J
J
A S O N0.0D J
41
44
30
34 41
41
44
39 40
41
34
39
31
F
M16 A M J
J
A S O N D J
17
40
34
31
17
45.0 40.0 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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