DFW ARCHIVED January 2017 | Page 8

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

County : Dallas

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
$ 1,865,000
1 %
4 %
Average List Price of all Current Listings
$ 2,667,990
1 %
4 %
January Median Sales Price
$ 1,425,000
-5%
-3%
2 %
-3%
$ 1,425,000
2 %
-3%
January Average Sales Price
$ 1,645,895
-8%
-7%
4 %
-6%
$ 1,645,895
4 %
-6%
Total Properties Currently for Sale ( Inventory )
619
17 %
75 %
January Number of Properties Sold
41 -44%
32 %
41
32 %
January Average Days on Market ( Solds )
88
-6%
1 %
26 %
17 %
88
26 %
17 %
Asking Price per Square Foot ( based on New Listings )
$ 417
6 %
1 %
-7%
3 %
$ 417
-7%
3 %
January Sold Price per Square Foot
$ 362
1 %
-1%
6 %
1 %
$ 362
6 %
1 %
January Month ' s Supply of Inventory
15.1
109 % 45 %
32 %
85 %
15.1
32 %
85 %
January Sale Price vs List Price Ratio
89.1 % -2.8% -2.3% -6.5% -3.8%
89.1 %
-6%
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
120
January Property sales were 41 , up 32.3 % from 31 in January of
2016 and 43.8 % lower than the 73 sales last month . January
100
Property
2017 sales Sales were at their highest level compared to January of
120
January
2016 and Property 2015 . sales January were YTD 41 , up sales 32.3 of % 41 from are 31 running January 32.3 % of
2016 ahead and of 43.8 last % year lower ' s year-to-date than the 73 sales last of 31 month . . January
2017 sales were at their highest level compared to January of
2016 and 2015 . January YTD sales of 41 are running 32.3 % ahead of last year ' s year-to-date sales of 31 .
100
80
80
60
60
40
40
20
Number of Properties Sold
0
20 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
Prices
F M A M J J A S O Median N D J F MSales A M Price J J A and S O NAverage D J F MSales A M JPrice J A S O N D J
3 Mo Avg The Median Sales Price in January was $ 1,425,000 , up 1.8 % 14
15 16
17 2,100
Prices from $ 1,400,000 in January of 2016 and down 5.0 % from Median Sales Price and Average Sales Price
3 Mo Avg
The $ 1,500,000 Median Sales last Price month in . January The Average was $ Sales 1,425,000 Price , up in 1.8 January % was 2,000 from $ 1,645,895 $ 1,400,000 , up 3.6 in January % from $ of 1,588,119 2016 and in down January 5.0 % of from 2016 and 2,100
1,900 $ down 1,500,000 7.7 % last from month $ 1,782,396 . The Average last month Sales . Price January in January 2017 ASP was was 2,000 $ at 1,645,895 the highest , up 3.6 level % from compared $ 1,588,119 to January in January of 2016 of 2016 and and 2015 .
1,800
1,900 down 7.7 % from $ 1,782,396 last month . January 2017 ASP was 1,700
at the highest level compared to January of 2016 and 2015 .
1,800 1,600
1,700 1,500
1,600
1,400 1,500 1,400
1,300 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
1,300 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 )
The Total Inventory of Properties available for sale as of Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI ) January was 619 , up 17.2 % from 528 last month and up 74.9 % 700
16.0
The Total Inventory of Properties available for sale as of January
from 354 was
in 619
January , up 17.2
of %
last from
year 528
. January last month
2017 and
Inventory up 74.9 % was at 700 600
16.0 14.0 from its highest
354 in January level compared of last year with
. January
January 2017 of 2016
Inventory and 2015 was . at 600 500
14.0 12.0 its highest level compared with January of 2016 and 2015 . 500
12.0 10.0 400
10.0 8.0
400 300
8.0 6.0 A comparatively lower MSI is more beneficial for sellers while a 300 200
6.0 A higher comparatively MSI is better lower for MSI buyers is more . The beneficial January for 2017 sellers MSI while of a 15.1
4.0
200 higher months MSI was is better at its highest for buyers level . The compared January with 2017 January MSI of 15.1 of 2016
100
4.0 2.0 months and 2015 was . at its highest level compared with January of 2016
100 0
2.0 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 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
55 63 76 88 77 80 62 49 63 54 63 21 51 79 92 88 103 88 63 60 56 57 83 31 37 74 87 95 97 66 80 86 80 71 73 41
369

Dallas

55 63
Agent Name
76
Title Phone Website Other

Community Information | School District

88 77 80 62 49
408
418 369
435 408
461 418
443 435
408 461
401 443
374 408
355 401
272 63
374 355
54
300 325
63
Number of Properties Sold
21 51 79 92 88 103 88 63
272 355
300 382 325 412 355
407 382
380 412
387 407
400
380 414 394
387 400 305
60 414 354
56
463 394 57 530
305 83 31 37 74 87 95 97 66
3 Mo Avg
80
571
463 589
623 530
597 571
559 589
630 623
658 597
627 559
528 630
619 658
354
86 627
80 528
3 Mo Avg
71
619 73 41
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 : $ 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 .