DFW ARCHIVED July 2017 | Page 8

Market Action Report
July 2017
County: Dallas
DALLAS
Market Action Report
Agent Name
July 2017
Title
Phone
Agent Name
Website
Title Other
Phone
Trending versus*:
Website
Month
LM L3M PYM
LY
Other
$1,732,000
-1%
-2%
Community
County: Dallas Information | School District
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
all Current
Price
Range: $1,000,000
and Up | of
Properties:
SFH - Con Listings
Trending versus*:
Prior YTD Prior Year
YTD
Trending versus*:
$2,477,246 Trending
-2% versus*:
2%
Month
LM L3M PYM
LY
Prior YTD Prior Year
$1,475,000
3% 5% 2%
0% YTD
$1,415,000
-4%
-4%
$1,732,000 -1%
-2%
$1,840,526 11% 10% 14% 5% $1,681,954
-3%
-4%
$2,477,246 -2%
2%
750 1%
40%
$1,475,000 3% 5% 2% 0% $1,415,000
-4%
-4%
83 -46%
26%
675
39%
$1,840,526 11% 10% 14% 5% $1,681,954
-3%
-4%
77
20%
3%
750 73
1% 3% -8%
40% 3% -3%
$386
-21%
-9%
2%
-3%
$422
7%
6%
83 -46%
26%
675
39%
July
Sold
Price
per
Square
Foot
$497
43%
32%
44%
38%
$371
3%
3%
July Average Days on Market (Solds)
73 3% -8% 3% -3%
77
20%
3%
July
Month's
Supply
of
Inventory
9.0
87%
42%
11%
23%
7.5
-7%
1%
Asking Price per Square Foot (based on New Listings)
$386 -21% -9% 2% -3%
$422
7%
6%
July Sold
Sale Price
Price per
vs Square
List Price
Ratio
0%
July
Foot
$497 92.6%
43% -1.6%
32% -.6%
44% 1.1%
38% -.0% $371 93.1%
3% -1% 3%
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
July Month's Supply of Inventory
9.0 87% 42% 11% 23%
7.5
-7%
1%
of 93.1%
Properties
July Sale Price vs List Price Ratio
92.6% -1.6% -.6% 1.1% Number
-.0%
-1% Sold 0%
Average List Price of all Current Listings
Market Profile & Trends Overview
July Median Sales Price
Median List Price of all Current Listings
July Average Sales Price
Average List Price of all Current Listings
Total Properties Currently for Sale (Inventory)
July Median Sales Price
July Number of Properties Sold
July Average Sales Price
July Average Days on Market (Solds)
Total Properties Currently for Sale (Inventory)
Asking
Price of per
Square Foot
July
Number
Properties
Sold (based on New Listings)
3 Mo Avg
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date
Number of Properties Sold
160
120
100
Prices
83
57
0
The Median Sales Price in July was $1,475,000, up 2.1% from
2,000
Prices
$1,445,250 in July of 2016 and up 2.6% from $1,437,500 last
The
Median
Sales
Price Sales
in July
was in
$1,475,000,
up 2.1% from up
month.
The
Average
Price
July was $1,840,526,
2,000 1,900
$1,445,250
July of 2016
$1,437,500
last
14.1% from in $1,612,915
in and
July up
of 2.6%
2016 from
and up
10.8% from
month.
The
Average
Sales
Price
in
July
was
$1,840,526,
up
$1,661,031 last month. July 2017 ASP was at the highest level 1,900 1,800
14.1%
from $1,612,915
in July
of 2016
compared
to July of 2016
and
2015. and up 10.8% from
1,800 1,700
$1,661,031 last month. July 2017 ASP was at the highest level
Median Sales Price and Average Sales Price
87
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
14
15
16
17
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
Median
Sales
Price
and
Average
Sales
Price
14
15
16
17
3 Mo Avg
0
20
20
40
40
60
60
80
80
compared to July of 2016 and 2015.
3 Mo Avg
140
July Property sales were 83, up 25.8% from 66 in July of 2016
and 46.1% lower than the 154 sales last month. July 2017 sales
Property Sales
were at a mid level compared to July of 2016 and 2015. July 180
July Property sales were 83, up 25.8% from 66 in July of 2016
YTD sales of 675 are running 38.9% ahead of last year's year-to-
160
and 46.1% lower than the 154 sales last month. July 2017 sales
date sales of 486.
were at a mid level compared to July of 2016 and 2015. July
140
YTD sales of 675 are running 38.9% ahead of last year's year-to-
120
date sales of 486.
100
180
Property Sales
3 Mo Avg
1,700 1,600
1,600 1,500
1,500 1,400
1,400 1,300
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
A S 14
O N D J F 15
M A M J J A S O N D J F M 16 A M J J A S O N D J F M 17
A M J J
14
15
16
17
Inventory & MSI
The Total Inventory
Inventory
& MSI of Properties available for sale as of July
800
The
of Properties
for up
sale 39.9%
as of July
was Total
750, Inventory
up 0.9% from
743 last available
month and
from 536
was
750, of
up last
0.9%
from July
743 2017
last month
and up
39.9%
536 level 800 700
in July
year.
Inventory
was
at its from
highest
700 600
in compared
July of last with
year.
July
July
of 2017
2016 Inventory
and 2015. was at its highest level
compared with July of 2016 and 2015.
600 500
500 400
400
300
A comparatively lower MSI is more beneficial for sellers while a 300
200
A higher
comparatively
lower
MSI
is
more
beneficial
for
sellers
while
a
MSI is better for buyers. The July 2017 MSI of 9.0
200
higher MSI is better for buyers. The July 2017 MSI of 9.0
months was at its highest level compared with July of 2016 and 100 100
months was at its highest level compared with July of 2016 and
0
2015.
Total Inventory & Month's Supply of Inventory (MSI)
Total Inventory & Month's Supply of Inventory (MSI)
2015.
0
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| Price
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and | Property
Up | Property
SFH - Con
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Banker
Residential
Brokerage
| Price
Range:
$1,000,000
and Up
Types: Types:
SFH - Con
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Estate
Information
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Inc., Greater
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of REALTORS
not all reflect
all real
relevant
estate Coldwell
activity. Banker
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Banker Residential
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is is
provided
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of North
Texas
Real Real
Estate
Information
Systems,
Inc., Greater
Tyler Association
of REALTORS
and may and
not may
reflect
relevant
estate real
activity.
Residential
Brokerage Brokerage
does not not
warrant
or guarantee
accuracy
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information.
It is responsibility
the responsibility
any or
buyer
or to seller
verify
and all information
to such consumer’s
estate transaction.
does
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It is the
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verify to any
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relevant relevant
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transaction.
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0
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
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
14
15
16
17
14
15
16
17
1,300
16.0
14.0
12.0
10.0
8.0
6.0
4.0
2.0
0.0