DFW ARCHIVED July 2016 | Page 19
Market Action Report
County: Henderson
July 2016
Henderson
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for July was 94, down 5.1% from 99
days last month and down 14.5% from 110 days in July of last
year. The July 2016 DOM was at its lowest level compared with
July of 2015 and 2014.
3 Mo Avg
200
180
160
140
110
120
96
100
94
80
60
40
20
0
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Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The July 2016 Selling Price per Square Foot of $113 was up 14.4%
from $99 last month and up 14.3% from 99 in July of last year.
150
140
130
120
110
100
90
80
70
60
50
3 Mo Avg
113
99
90
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Selling Price versus Listing Price Ratio
Selling Price vs Original Listings Price
The Selling Price vs Original Listing Price reveals the average
amount that Sellers are agreeing to come down from their
original list price. The lower the ratio is below 100% the more of
a Buyer's market exists, a ratio at or above 100% indicates more
of a Seller's market. The July 2016 Selling Price vs Original List
Price of 91.0% was up from 90.6% last month and up from
90.9% in July of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
96%
94%
92.1%
91.0%
90.9%
92%
90%
88%
86%
84%
82%
80%
78%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
659
637
615
600
579
512
458
442
476
448
494
475
465
492
483
451
431
382
349
328
438
544
489
663
652
603
576
547
534
604
394
300
482
400
611
500
549
600
651
700
631
This last view of the market combines monthly inventory of
Properties for sale along with New Listings and Sales. The graph
shows the basic annual seasonality of the market as well as the
relationship between these items. The number of New Listings
in July 2016 was 124, down 19.0% from 153 last month and up
9.7% from 113 in July of last year.
200
100
0
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 J
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Copyright © Coldwell Banker Residential Brokerage | Price Range: All | 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.
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