DFW ARCHIVED March 2016 | Page 14

Market Action Report

Denton

County: Denton

Agent Name

Market Action Report

County: Denton

March 2016
March 2016

Title
Phone
Agent
Name
Website
TitleOther

Community Information | School District

Price Range: All | Properties: SFH - Con

Phone
Website
Month
Other
$414,965

Market Profile & Trends Overview
Median
Price
all Current Listings
Price
Range: AllList
| Properties:
SFHof
- Con

LM

Trending versus*:
L3M PYM
LY

4%
8%
$512,608 Trending
3% versus*:9%
Month
LM 10%
L3M 6%
PYM 9%
LY
$272,968
$414,965 4%
8%
$311,873 6% 3% 8%
$512,608 3%
9%
2096 10%
30%
$272,968 10% 6% 9% 9%
1206 33%
16%
$311,873 6% 3% 8% 6%
43
-7%
-2%
2096 10%
30% -2%
$129
3%
3%
1206 33%
16% 11%
$118
2%
2%
43 -7% -2% -2% 8%
16%
$129 1.7
3% -17%
3% -21%
11% 12%
8%
$11898.2%
2% .2%
2% .6%
8% -.3%
4%

Average List Price of all Current Listings

Market
Profile Sales
& Trends
March Median
Price Overview
Median List Price of all Current Listings

March Average Sales Price

Average List Price of all Current Listings

Total Properties Currently for Sale (Inventory)

March Median Sales Price

March Number of Properties Sold

March Average Sales Price

March Average Days on Market (Solds)

Total Properties Currently for Sale (Inventory)

Asking
Price per
Square Foot
(based on New Listings)
March
Number
of Properties
Sold
MarchAverage
Sold Price
March
Daysper
on Square
Market Foot
(Solds)

MarchPrice
Month's
SupplyFoot
of Inventory
Asking
per Square
(based on New Listings)
MarchSold
SalePrice
Priceper
vsSquare
List Price
March
FootRatio

Trending versus*:
Prior YTD Prior Year

YTD

Trending versus*:
YTD
Prior YTD 8%
Prior Year
$258,000

9%
6%

$301,523

$258,000
$301,523

8%

2782
6%
44
2782 $126
14%
44 $116
-6%
2.2
$126
8%
$116 97.9%
7%

16%
8%
4%
-3%
.1%

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

3%
2%

6%
3%

14%
2%
-6%
8%
7%19%
9% 6%
0% 3%

19%
6%
3%
23%
-0%

1.7 -17% -21% 12% -3%
2.2
9%
23%
98.2% .2% .6% -.3% Number
.1%
0% Sold -0%
of97.9%
Properties

March Month's Supply of Inventory
March Sale Price vs List Price Ratio

3 Mo Avg

* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)

1,800

March Property sales were 1,206, up 16.4% from 1,036 in March
of 2015 and 32.5% higher than the 910 sales last month. March 1,600
Property Sales
2016 sales were at their highest level compared to March of 1,8001,400
March Property sales were 1,206, up 16.4% from 1,036 in March
2015 and 2014. March YTD sales of 2,782 are running 13.7%
of 2015 and 32.5% higher than the 910 sales last month. March 1,6001,200
ahead
of last
year-to-date
sales
of 2,447.
2016
sales
wereyear's
at their
highest level
compared
to March of
1,400
1,000

270
250
230
210
190
170
150

350
330
310
290
270
250
230
210
190
170
150

1,206

910

1,083

666

1,024

813

1,206

1,213

1,411

1,083

1,495

1,024

1,411 1,329
1,213 1,529

1,529 1,036
1,495 1,121

1,121 634
1,329 777

1,036 1,013

1,067

794

1,358

1,013 1,085

1,427

1,277

1,083

1,067 1,415

1,085

1,358

1,415

740

593

848

1,007

1,427

1,277

1,083

837

1,070

940

910

666

813

777

634

794

740

593

848

Median Sales Price and Average Sales Price

3 Mo Avg

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
16

14 A M J J A S O N D J F M 15
A M 13J J A S O N D J F M
A M J J A S O N D J F M
13
14
15
16

Inventory & MSI

2,000

Total Inventory & Month's Supply of Inventory (MSI)

Total Inventory & Month's Supply of Inventory (MSI)

1,500

1,500

3.5

2,461
2,562
2,461
2,573
2,597
2,562
2,535
2,573
2,4062,597
2,2952,535
2,094 2,406
1,822 2,295
1,891
2,094
1,970
1,822
1,997
1,891
2,086
1,970
2,309
1,997
2,416
2,086
2,469
2,309
2,529
2,416
2,261
2,099 2,469
2,529
1,835
2,261
1,541
1,591 2,099
1,5691,835
1,614
1,541
1,773
1,591
1,929
1,569
2,125
1,614
2,307
1,773
2,239
1,929
2,135
2,125
2,096
2,307
1,973
2,239
1,810
2,135
1,854
2,096
1,908
1,973
2,096

Inventory
& MSI of Properties available for sale as of March
The Total Inventory
3,000
The
Inventory
offrom
Properties
for and
sale up
as of
March
wasTotal
2,096,
up 9.9%
1,908available
last month
29.9%
from
3,000
was
2,096,
up 9.9%
fromyear.
1,908March
last month
up 29.9%
from
1,614
in March
of last
2016and
Inventory
was
at its
2,500
1,614
in March
of last year.with
March
2016ofInventory
at its
2,500
highest
level compared
March
2015 andwas
2014.
highest level compared with March of 2015 and 2014.
2,000
1,000

A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a 1,000
higherMSI
MSI
better
buyers.
March
2016
higher
is is
better
forfor
buyers.
TheThe
March
2016
MSIMSI
of 1.7of 1.7
500 500
monthswas
was
a mid
level
compared
with
March
of 2015
months
atat
a mid
level
compared
with
March
of 2015
and and
0
2014.
0
2014.
D AJ MF M
A M AJ M
J AJ SJ OA NS DO JN FDMJ A FMMJ AJ MA JS JO AN SD OJ N
F M
J JA AM S J OJ NAD S J OF NM D
14
15
13 13
14
15
16

Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con
14
|provided
C
O Lof North
DW
EL
LEstate
BInformation
AInformation
N Systems,
K ER
HInc.,OGreater
M ES.C
OofM
Data
is is
provided
courtesy
Texas
RealReal
Estate
Inc., Greater
Tyler Association
of REALTORS
and mayand
not reflect
all reflect
relevant
estatereal
activity.
Data
courtesy
of North
Texas
Systems,
Tyler Association
REALTORS
may not
allreal
relevant
estateColdwell
activity.Banker
Coldwell Banker
Copyright © Coldwell Banker | Price Range: All | Property Types: SFH - Con

does
notnot
warrant
or guarantee
the the
accuracy
of this
It is the
of any of
buyer
selleror ѽ͕