DFW ARCHIVED June 2016 | Page 12

Dallas Community Information | School District

Dallas 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
$ 410,000
0 %
52 %
Average List Price of all Current Listings
$ 801,284
-3%
39 %
June Median Sales Price
$ 225,000
0 %
5 %
13 %
22 %
$ 204,000
10 %
10 %
June Average Sales Price
$ 336,836
-1%
4 %
6 %
15 %
$ 309,219
3 %
6 %
Total Properties Currently for Sale ( Inventory )
4,062
14 %
16 %
June Number of Properties Sold
2,158
-3%
-5%
11,693
7 %
June Average Days on Market ( Solds )
31
0 %
-6%
0 %
-18%
36
-8%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 156
-2%
-1%
15 %
12 %
$ 157
12 %
13 %
June Sold Price per Square Foot
$ 143
-1%
2 %
9 %
14 %
$ 136
7 %
8 %
June Month ' s Supply of Inventory
1.9
17 %
12 %
22 %
4 %
1.8
2 %
-0%
June Sale Price vs List Price Ratio
98.5 %
-. 1 %
. 2 %
. 3 %
1.4 %
97.9 %
0 %
1 %
* 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 June Property sales were 2,158 , down 4.9 % from 2,270 in June of 2015 and 2.8 % lower than the 2,220 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 11,693 are running 6.7 % ahead of last year ' s year-to-date sales of 10,956 .
2,500
2,000
1,500
Number of Properties Sold
3 Mo Avg
1,000
500
Prices The Median Sales Price in June was $ 225,000 , up 12.5 % from $ 200,000 in June of 2015 and up 0.5 % from $ 223,950 last month . The Average Sales Price in June was $ 336,836 , up 5.7 % from $ 318,609 in June of 2015 and down 1.1 % from $ 340,608 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
0
350
300
250
200
2,253 2,187 1,777 1,762 1,481 1,639 1,203 1,444 1,768 1,959 2,151 2,247 2,139 2,042 1,841 1,868 1,453 1,740 1,151 1,476 1,944 1,969 2,146 2,270 2,342 2,188 1,982 1,899 1,537 2,039 1,354 1,648 2,129 2,184 2,220 2,158
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
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
3 Mo Avg
150
100
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
13
14
15
16
Inventory & MSI The Total Inventory of Properties available for sale as of June was 4,062 , up 13.6 % from 3,577 last month and up 15.8 % from 3,507 in June of last year . June 2016 Inventory was at a mid level compared with June of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The June 2016 MSI of 1.9 months was at a mid level compared with June of 2015 and 2014 .
6,000 6,000
5,000 5,000
4,000 4,000
3,000 3,000
2,000 2,000
1,000 1,000 0
5,096 5,164 5,073 5,019 4,790 4,196 4,184 4,138
Total Inventory & Month ' s Supply of Inventory ( MSI )
5,096 5,164 5,073 5,019 4,790 4,196 4,184 4,138
4,286
4,100 4,286 4,559 4,100 4,606
4,559 4,606 4,724 4,787 4,381
4,724 4,787
4,381 3,962
3,524 2,898
3,962
3,524 2,898 2,931 2,882
2,931 2,882 2,843 3,076 3,267
2,843 3,507
3,076 3,793
3,267 3,855 3,507
3,793 3,855 3,850 3,781 3,577
3,850 3,781 3,577 3,038 3,106 3,151 3,306
4,062
3,038 3,425 3,106 3,577 3,151
0 J A SJ
OA NS DO JN FD MJ
AF MJA JMA J S JO AN SD OJ NF DM AJ
MF MJ AJ AM SJ OJ NA DS JOFNM DA JM J
13 13 14 14
15 15
16 16
4.0 3.5 3.0 2.5 2.0
3,306 3,425
1.5
3,577
4,062
1.0 0.5 0.0 F M A M J
4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
12 | COLDWELLBANKERHOMES . COM