DFW ARCHIVED January 2017 | Page 24

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

County : Tarrant

Price Range : $ 1,000,000 and Up | 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
$ 1,498,500
0 %
2 %
Average List Price of all Current Listings
$ 2,037,529
-1%
10 %
January Median Sales Price
$ 1,335,000
9 %
7 %
9 %
3 %
$ 1,335,000
9 %
3 %
January Average Sales Price
$ 1,362,743
-9%
-2%
7 %
-6%
$ 1,362,743
7 %
-6%
Total Properties Currently for Sale ( Inventory )
228
11 %
68 %
January Number of Properties Sold
15 -44%
50 %
15
50 %
January Average Days on Market ( Solds )
214
152 % 67 %
18 %
83 %
214
18 %
83 %
Asking Price per Square Foot ( based on New Listings )
$ 293
3 %
1 %
-8%
-3%
$ 293
-8%
-3%
January Sold Price per Square Foot
$ 245
-19% -9%
2 %
-6%
$ 245
2 %
-6%
January Month ' s Supply of Inventory
15.2
99 %
23 %
12 %
25 %
15.2
12 %
25 %
January Sale Price vs List Price Ratio
88.2 % -5.1% -3.4% . 6 %
-4.3%
88.2 %
0 %
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date

Tarrant

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
3 Mo Avg
Property Sales
35
January Property sales were 15 , up 50.0 % from 10 in January of
2016 and 44.4 % lower than the 27 sales last month . January
30
Number of Properties Sold
3 Mo Avg
Property
2017 sales Sales were at their highest level compared to January of
35
January
2016 and Property 2015 . sales January were YTD 15 , up sales 50.0 of % 15 from are 10 running January 50.0 % of
25
2016 ahead and of 44.4 last % year lower ' s year-to-date than the 27 sales last of 10 month . . January
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 15 are running 50.0 % ahead of last year ' s year-to-date sales of 10 .
30
25
20
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 $ 1,335,000 , up 9.4 %
14
1,800
Prices from $ 1,220,000 in January of 2016 and up 9.4 % from
The
$ 1,220,500 Median Sales last Price month in . January The Average was $ Sales 1,335,000 Price , up in January 9.4 % was
1,700 from
$ 1,362,743 $ 1,220,000 , up 7.4 in January % from $ of 1,268,811 2016 and in up January 9.4 % from of 2016 and
1,800
$ down 1,220,500 8.5 % last from month $ 1,489,576 . The Average last month Sales . Price January in January 2017 ASP was was
1,600
1,700
J
A S O
NMedian D
J F MSales A M JPrice
J
A Sand O NAverage D
J
F MSales A M J Price
J
A S O N D
J
3 Mo Avg
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
$ at 1,362,743 the highest , up 7.4 level % from compared $ 1,268,811 to January in January of 2016 of 2016 and and 2015 . down 8.5 % from $ 1,489,576 last month . January 2017 ASP was at the highest level compared to January of 2016 and 2015 .
1,500
1,600
1,400
1,500
1,400
1,300
1,3001,200
1,2001,100
1,100
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
The Total Inventory of Properties available for sale as of
Inventory & MSI
January was 228 , up 10.7 % from 206 last month and up 67.6 %
250
The Total Inventory of Properties available for sale as of
January from 136 was
in 228
January , up 10.7
of
%
last from
year 206
. January last month
2017 and
Inventory up 67.6 %
was at
250
200 from its highest 136 in January level compared of last year with . January
January 2017 of 2016
Inventory and 2015 was . at
200 its highest level compared with January of 2016 and 2015 .
150
Total Inventory & Month ' s Supply of Inventory ( MSI )
25.0
20.0
25.0
20.0
15.0
150
100
15.0
10.0
A comparatively lower MSI is more beneficial for sellers while a
100
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of a 15.2 higher months MSI was is better at a mid for level buyers compared . The January with January 2017 MSI of of 2016 15.2 and
50 months
2015 . was at a mid level compared with January of 2016 and
50
0
10.0
5.0
5.0
0.0
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 N0.0D J
F
M14 A M J
J A S O N D J
F M15A M J
J A S O N D J
F
M16 A M J
J A S O N D J
17
14
15
16
17
9 11 16 19 30 17 19 11
9 11 16 19 30 17 19 11 13 7
13 11 118
7 11 8 12 14 16 18
8 12 14 16 18 27 32 24 12 11 9 18 10 7 12 16 29 30 19 26 17 19 16 27 15
159
169
175 159
177 169
173 175
170 177
157 173
150 170
158 157
141 150 158
139 141
138 118 156
139 173 138 170
156 158
173 162
170
168 158
173
162 172 160
168
136
173
136 172
158 160
136 182
136 193
158 203
212 182
227 193
217 203
228 212
235 227
228 217 206 228
228 235
27 32 24 12 11 9 18 10 7 12 16 29 30 19 26 17
228 19
206 16
228 27 15
24 | 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 : $ 1,000,000 and Up | 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 .