Denton Community Information | School District
Denton 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 |
$ 399,999 |
-2% |
|
11 % |
|
|
|
|
Average List Price of all Current Listings |
$ 484,530 |
-3% |
|
6 % |
|
|
|
|
June Median Sales Price |
$ 285,000 |
2 % |
3 % |
10 % |
14 % |
$ 270,000 |
8 % |
8 % |
June Average Sales Price |
$ 338,662 |
5 % |
4 % |
12 % |
15 % |
$ 317,058 |
8 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
2,557 |
18 % |
|
20 % |
|
|
|
|
June Number of Properties Sold |
1,403 |
2 % |
|
-8% |
|
6,790 |
6 % |
|
June Average Days on Market ( Solds ) |
32 |
0 % |
-9% |
3 % |
-14% |
38 |
0 % |
3 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 129 |
2 % |
1 % |
8 % |
9 % |
$ 127 |
9 % |
8 % |
June Sold Price per Square Foot |
$ 124 |
1 % |
2 % |
10 % |
10 % |
$ 120 |
8 % |
6 % |
June Month ' s Supply of Inventory |
1.8 |
16 % |
6 % |
31 % |
2 % |
1.9 |
9 % |
7 % |
June Sale Price vs List Price Ratio |
98.7 % |
-. 4 % |
-. 0 % |
-. 6 % |
. 6 % |
98.5 % |
-0% |
0 % |
* 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 1,403 , down 8.2 % from 1,529 in June of 2015 and 2.3 % higher than the 1,372 sales last month . June 2016 sales were at their lowest level compared to June of 2015 and 2014 . June YTD sales of 6,790 are running 5.7 % ahead of last year ' s year-to-date sales of 6,425 .
Prices The Median Sales Price in June was $ 285,000 , up 10.5 % from $ 258,000 in June of 2015 and up 1.8 % from $ 280,000 last month . The Average Sales Price in June was $ 338,662 , up 11.6 % from $ 303,487 in June of 2015 and up 4.7 % from $ 323,547 last month . June 2016 ASP was at the highest level compared to June of 2015 and 2014 .
Number of Properties Sold
1,800 1,600 1,400 1,200 1,000 800 600 400 200
0 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 3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
350 330 310 290 270 250 230 210 190 170 150
3 Mo Avg
1,390 1,381 1,070 940 837 848 593 740 1,007 1,083 1,277 1,427 1,415 1,358 1,085 1,067 794 1,013 634 776 1,036 1,121 1,329 1,529 1,495 1,413 1,213 1,024 814 1,087 668 918 1,251 1,178 1,372 1,403
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 2,557 , up 18.4 % from 2,159 last month and up 20.5 % from 2,122 in June of last year . June 2016 Inventory was at its highest 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 1.8 months was at its highest level compared with June of 2015 and 2014 .
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
3,000 |
3,000 |
3.5 |
|
2,500
2,500
|
3.0 |
|
2,000
2,000
|
2.5 |
|
1,500
1,500
1,000
1,000
500
500
|
2.0
1.5
1.0
0.5
|
0 |
0 |
0.0 |
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 FJ
M A M J
|
13 |
13 |
14 |
14 |
15 |
15 |
16 |
16 |
2,597 2,535
2,406 2,597
2,295 2,535
2,094 2,406
1,822 2,295
1,891 2,094
1,970 1,822 1,997
1,891 2,086
2,309 2,416
2,086 2,469 2,309 2,529 2,260
1,970 1,997
2,416 2,469 2,529
2,260 2,098
2,098
1,834 1,540
1,591
1,569 1,834
1,613 1,540
1,591 1,771
1,569 1,926
1,613 2,122
1,771 2,301
1,926 2,233 2,122
2,301 2,233 2,128 2,085 1,948
1,772
2,128 2,085 1,948 1,772 1,807 1,858 1,963 2,086 2,159
2,557
1,807 1,858 1,963 2,086 2,159
2,557
3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
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