DFW ARCHIVED July 2016 | Page 26

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
$ 1,499,000
0 %
1 %
Average List Price of all Current Listings
$ 1,966,455
3 %
4 %
July Median Sales Price
$ 1,437,500
8 %
6 %
4 %
11 %
$ 1,327,347
2 %
2 %
July Average Sales Price
$ 1,496,263
10 %
-3%
2 %
-1%
$ 1,493,991
-3%
-1%
Total Properties Currently for Sale ( Inventory )
286
10 %
73 %
July Number of Properties Sold
18
-40%
-44%
121
-5%
July Average Days on Market ( Solds )
90
-25% -20%
3 %
-15%
116
22 %
9 %
Asking Price per Square Foot ( based on New Listings )
$ 372
14 %
16 %
29 %
24 %
$ 312
8 %
4 %
July Sold Price per Square Foot
$ 284
14 %
2 %
19 %
13 %
$ 272
8 %
8 %
July Month ' s Supply of Inventory
15.9
84 %
44 % 208 %
40 %
14.8
45 %
30 %
July Sale Price vs List Price Ratio
92.2 % -3.3% -1.8%
. 8 %
. 6 %
93.3 %
1 %
2 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date

Tarrant

Agent Name
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Community Information | School District

3 Mo Avg
Property Sales July Property sales were 18 , down 43.8 % from 32 in July of 2015 and 40.0 % lower than the 30 sales last month . July 2016 sales were at a mid level compared to July of 2015 and 2014 . July YTD sales of 121 are running 4.7 % behind last year ' s year-todate sales of 127 .
Prices The Median Sales Price in July was $ 1,437,500 , up 3.8 % from $ 1,385,000 in July of 2015 and up 8.5 % from $ 1,325,000 last month . The Average Sales Price in July was $ 1,496,263 , up 1.5 % from $ 1,473,851 in July of 2015 and up 9.5 % from $ 1,366,262 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
35 30 25 20 15 10 5 0
35 30 25 20 15 10 5 0
14
A 13
8
1,800
14
1,8001,700 1,7001,600 1,6001,500 1,5001,400 1,4001,300 1,3001,200
A
10 8 10 9 13
13
S
O N D
J
14
12
S O N D J
9 13 12 9
9 11 16
Number of Properties Sold
19 30 17 19 11
11 16 19 30 17 19 11 13 7
13
11 7
14
F M A M
J
J
A
S
O N D
J
15
15
F M A M
J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
8 12 14 16 18 27 32 24 12 11 9 18 10 7
3 Mo Avg
12 16 28 30 18
3 Mo Avg
1,200
1,100
1,100
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
A
S
13 O N D
J
F
14 M A M J
J
A
S O N D
J
F M15A M J
J
A
S O N D
J
F M
16 A M J
J
13
14
15
16
11 8 12 14 16 18
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
16
F M A M
J
J
27 32 24 12 11 9 18 10 7 12 16 28 30 18
3 Mo Avg
J
Inventory & MSI The Total Inventory of Properties available for sale as of July was 286 , up 10.4 % from 259 last month and up 73.3 % from 165 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 15.9 months was at its highest level compared with July of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
350
350
300
30.0
300
250
25.0
250
200
200
150
150
100
100
20.0
15.0
10.0
50
50
5.0
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 O
J
A N D
S O
J
F
N
M
D
A
J
M
F
J
M
J
A M J
13
13
14
14
15
15
16
16
J
187
177
171 187
172 177
143 171
157 172
159 143
169 157
175 159
177 169
173 175
170 177
157 173 150
170 158
157
141 150
118 158
139
141 138 118 156 139 175 138 172 159
156
165 175
173 172
178 159
178 165
168 173
144 178
148 178
173 168
144 206
148 220
173 238
206
259 286
220 238
259
286
30.0 25.0 20.0 15.0 10.0 5.0 0.0
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