DFW ARCHIVED June 2016 | Page 25
Market Action Report
County: Johnson
June 2016
Johnson
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 June was 41, up 36.7% from 30
days last month and down 2.4% from 42 days in June of last
year. The June 2016 DOM was at its lowest level compared with
June of 2015 and 2014.
3 Mo Avg
90
80
70
60
60
50
42
41
40
30
20
10
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
100
direction of Property values. Since Median Sales Price and
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Average Sales price can be impacted by the 'mix' of high or low
90
end Properties in the market, the selling price per square foot is a
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more normalized indicator on the direction of Property values.
The June 2016 Selling Price per Square Foot of $91 was down
80
3.0% from $94 last month and up 12.5% from 81 in June of last
75
year.
70
65
60
55
50
3 Mo Avg
91
81
77
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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 June 2016 Selling Price vs Original List
Price of 97.1% was down from 98.6% last month and down from
97.5% in June of last year.
3 Mo Avg
Avg Selling Price divided by Avg Listing Price for sold properties during the month
100%
99%
98%
97%
96%
95%
94%
93%
92%
91%
90%
89%
97.5%
97.1%
95.5%
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Inventory / New Listings / Sales
Inventory / New Listings / Sales
800
398
381
360
349
379
353
405
404
398
369
414
398
384
379
377
368
381
357
352
467
409
300
572
591
565
665
637
581
565
555
565
556
519
400
572
500
658
600
683
700
671
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 June 2016 was 281, up 13.3% from 248 last month and up
17.6% from 239 in June of last year.
200
100
0
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Copyright © Coldwell Banker | 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
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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