DFW ARCHIVED July 2016 | Page 24

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
$ 1,392,450
-1%
-7%
Average List Price of all Current Listings
$ 1,893,982
-2%
15 %
July Median Sales Price
$ 0
-100% -100%
-100%
$ 1,270,000
15 %
17 %
July Average Sales Price
$ 0
-100% -100%
-100%
$ 1,218,891
11 %
13 %
Total Properties Currently for Sale ( Inventory )
40
18 %
48 %
July Number of Properties Sold
0 -100%
7
75 %
July Average Days on Market ( Solds )
0 -100% -100%
-100%
37
-53%
-40%
Asking Price per Square Foot ( based on New Listings )
$ 316
32 %
17 %
76 %
18 %
$ 305
15 %
14 %
July Sold Price per Square Foot
$ 0
-100% -100%
-100%
$ 213
13 %
13 %
July Month ' s Supply of Inventory
0.0 -100% -100%
0 %
-100%
25.6
109 %
31 %
July Sale Price vs List Price Ratio
0.0 % -100.0% -100.0%
-100.0%
87.4 %
14 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 0 , up from 0 in July of 2015 and 100.0 % lower than the 4 sales last month . July 2016 sales were at their lowest level compared to July of 2015 and 2014 . July YTD sales of 7 are running 75.0 % ahead of last year ' s year-todate sales of 4 .
Prices The Median Sales Price in July was $ 0 , up from $ 0 in July of 2015 and down 100.0 % from $ 1,176,809 last month . The Average Sales Price in July was $ 0 , up from $ 0 in July of 2015 and down 100.0 % from $ 1,176,809 last month . July 2016 ASP was at a mid range compared to July of 2015 and 2014 .
Number of Properties Sold
5
4
4
3
3
2
2
1
1
0
-1
A
S
13
O N D
J
F M A M
14
J
J
A
S
O N D
J
F M A M
15
J
J
A
S
O N D
J
F M A M
16
J
J
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
1,700 1,600 1,500 1,400 1,300 1,200 1,100 1,000
3 Mo Avg
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
F M A M J
13
14
15
16
J
0 0 1 0 2 0 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 0
Inventory & MSI The Total Inventory of Properties available for sale as of July was 40 , up 17.6 % from 34 last month and up 48.1 % from 27 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 0.0 months was at a mid level compared with July of 2015 and 2014 .
45 40 35 30 25 20 15 10 5 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
45
40
35.0
35
30.0
30
25.0
25
20
20.0
15
15.0
10
10.0
5
5.0
0
0.0
A
S
A O
S N
O D
N
J
D
F M
J
A
F M
J
A M
J
A
J
S
J
O
A
N
S
D
O
J
N
F
D M
J A
F M
M J
A
J
M
A
J
S
J O
A N D
S O
J
N
F M
D
A
J
M
F
J
M
J
A M J
13
13
14
14
15
15
16
16
J
27 24
27 24
19
19 19
19
16 17
16 20
18 17
22 20
18 24
31 27
31
22 27
24 28
26
28 26
23 22
23
20 22
22 23 20 25 22 24 23 24 28
25
27 24
24 29
30 28
28 27
27 29
27 30
30 28
27 31
27 32
31 30
29 31
34 32
40 31 29
34
40
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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